StablR Euro (EURR) is a euro-backed stablecoin pegged to the euro and redeemable at a 1:1 ratio. This stablecoin is backed by fiat funds and short-term government bonds. The main goal of StablR Euro (EURR) is to provide a digital alternative to traditional forms of money that is more efficient, secure, and accessible. StablR Euro (EURR) can be used as a medium of exchange, a store of value, and a unit of account. The primary use cases for StablR Euro (EURR) include speeding up and reducing the cost of payments, facilitating international trade and investment, and building more flexible and resilient financial systems.

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How to participate

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

Terms

Stake your assets and receive free tokens.

During this period, stake USDT, MX, and EURR to receive a share of 80,000 USDT for free!

To participate in MEXC Pool staking, KYC verification is required

Rewards are calculated based on your staking amount relative to the total staked amount of all users. The formula is as follows: reward = (your staked tokens / total staked tokens of all users) × total reward pool tokens.

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

Airdrop rewards will be distributed to participants' spot accounts within 1 hour after the event ends. USDT pools are absolutely RISK-FREE, and if you are a holder of the MX token (the native token of the MEXC exchange), you should consider participating in this pool! Newbie pools usually offer higher returns than regular ones!

Results

Actual profit may vary, as the value of the coins you receive from the pool will fluctuate. Some users prefer to sell their coins at the current price daily, while others may choose to cash them out at the end of the term or just keep them in their portfolio. The coin price can both decrease and increase.

For example, you can sell the coin every day at $1, while later someone might sell it at $2 or, on the contrary, at $0.5 per coin. In this matter, everyone makes their own choice. Based on experience, it’s usually better to sell free coins received from pools right after they are credited, or at the listing launch if the coin becomes tradable after the pool ends.

As a result of staking, we see the following outcomes:

APR (Annual Percentage Rate) is the annual interest rate that shows the base investment return, without taking into account the effect of compound interest. In the context of crypto investments, APR is the simple percentage on the principal amount you receive over a year.