Term Finance is a fixed-rate lending protocol that utilizes on-chain auctions to issue loans at an institutional scale.

Project Website | Whitepaper | Twitter | Discord | Rules

How to participate

Here's a step-by-step guide on how to participate in MEXC Launchpool projects.

Terms

Stake your funds and receive tokens for free.

During this period, stake TERM, MX or USDT and receive a share of 120,000 TERM for free!

To participate in staking on MEXC Pool KYC verification is required

Rewards are calculated based on the amount of your stake in relation to the total stake of all users. The formula is as follows: reward = staked tokens / total staked tokens of all users × total tokens in the reward pool.

Airdrop rewards will be distributed to the spot accounts of the respective participants within 1 hour after the event ends. Staked tokens can be redeemed at any time, but the reward is only provided if the staking duration is at least 1 hour.

The listing will take place the day after the pool starts, and all accrued tokens can be sold on the exchange. USDT pools are absolutely RISK-FREE, and if you are holders of the MX coin (which is the MEXC exchange token), you should participate in this pool! Pools for newcomers usually provide more profit than regular ones!

Results

Actual profit may vary since the value of the coins you receive from the pool will fluctuate. Some users prefer to sell coins at the current price daily, while others may choose to realize them at the end of the term or even keep them in their portfolio. The coin price can both decrease and increase. For example, you might sell a coin daily at $1, while later someone else might sell it for $2 or, conversely, for $0.5 per coin. In this matter, everyone makes their own decision. As practice shows, free coins obtained from pools are better sold immediately after they are credited or at the start of listing if the coin becomes available for sale after the pool ends.

The following results were recorded based on staking:

APR (Annual Percentage Rate) is the annual interest rate that reflects the basic yield of an investment without considering the effect of compound interest. In the context of crypto investments, APR represents a simple percentage of the principal amount that you will receive over a year.