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1  Alternate cryptocurrencies / Marketplace (Altcoins) / MEXC Launches a Promotion with Zero Maker Fees for All Spot Transactions on: September 23, 2022, 04:14:39 PM
Starting on August 31, all spot traders will be able to trade with a maker fee of zero on the leading cryptocurrency and digital asset trading platform MEXC. The 0 maker fee policy applies to all of the MEXC spot trading pairings. In the bitcoin market, all traders now have access to a cutting-edge level of user experience.

As of right now, sources claim that MEXC handles $1.6 billion in spot daily trading volume, and according to CoinMarketCap, the exchange has more than 1,500 trading pairs. As the 0 maker fee policy is put into place, more than 7 million users will profit from the promotion in every single spot trading activity.

MEXC was established in 2018 and has remained committed to putting users first while providing a competitive user experience in the ever changing cryptocurrency market. The MEXC squad has been effective in pushing the envelope, particularly lately. In an effort to increase global involvement in nonfungible tokens (NFTs), MEXC initially announced its NFT Index product in April. In August, MEXC launched MX/USDT everlasting trading and a trade mining tool on the website. Additional releases will follow.

MEXC Global Vice President Andrew Weiner said, "As the first exchange in the industry to declare zero maker fees for all spot trading pairs, MEXC continues to win support and trust from our user community every time the market evolves. The user experience will be enhanced by us by being made easier and more smooth.

The promotion runs from August 31 at 15:00 (UTC) until further notice. For more information, please refer to the MEXC website for official announcements.

About MEXC Global
With more than 7 million users worldwide and one-stop cryptocurrency trading services for spot, exchange-traded funds, futures, staking, NFT Index, etc., MEXC is the leading cryptocurrency trading platform in the world. The core team can offer technological security guarantees for bitcoin products and services as well as knowledgeable financial product logic because they have a solid background in traditional finance. In October 2021, MEXC Global won the title of "Best Cryptocurrency Exchange in Asia." With the ability to enable the trade of more than 1,500 coins, it is currently the trading platform with the quickest launch time for new projects. Visit the website, blog, and subscribe to MEXC Global and MEXC Research for more information.
2  Alternate cryptocurrencies / Altcoin Discussion / MEXC Research: Tokenomics of Sweat Economy and More on: September 22, 2022, 03:28:44 PM
Description of the Project
The sports health app Sweatcoin introduced Sweat Economy (SWEAT), an M2E cryptocurrency. Sweatcoin promotes better lifestyles by motivating more people to work out.

A well-known Web2 application called Sweatcoin was launched in 2016 and uses a specific restricted currency to reward users for their steps. According to Sweatcoin's official introduction, it is currently used in more than 50 different nations and areas. There are currently 11 million cryptocurrency users.

Sweatcoin launched the decentralized SWEAT, which is minted by users through the movement and through the application, after joining the Web3 market. In other words, by earning decentralized SWEAT tokens, users can reward themselves for working out.

In contrast to current X2E-style projects, Sweatcoin introduces a single-token method based on SWEAT rather than NFT and dual-token tokenomics. The entry standard is decreased as a result of the fact that participating users are not needed to buy NFT as the admission threshold. By exercising, users can easily sign up for the system.

Although there is just one token economy, which is a drawback, the gameplay is straightforward. The NFT game is being developed by Sweatcoin and will be made available through the Sweat Wallet app. This will debut immediately following the Token Generation Event (TGE).

To keep the X2E economy viable, Sweatcoin users must stake SWEAT while they are playing the game. The initiative will collect fees and burn tokens to achieve deflation. Any SWEAT staked by the competitor will be awarded to the winner.

Sweatcoin will also turn on the staking feature. The unique profits of the parent firm of the Sweat Foundation are used in part to finance the repurchasing and burning of SWEAT on the secondary market. The buyback also benefits the user in other ways.

SWEAT Tokenomics
In accordance with the formal debut of the Sweat Economy, 25.8 billion SWEAT have been produced, of which 4.8 billion will be burned because the SWEAT's worth has plummeted.

The remaining SWEATs have been distributed in accordance with the tokenomics provided by the official Sweat Economy website:
  • 7.02% for ecosystem
  • 22% for SweatCo Ltd
  • 27.71 for Foundation treasury
  • 25% for Lockdrop
  • 10.92% for Team and advisors
  • 2.68% for Seed round
  • 1.33% for Public Sale
  • 3.33% for Private round

Project Funding
Sweat Economy received a $13 million investment on July 26 from a group of investors headed by Electric Capital, Spartan Capital, Swissborg Ventures, GSR Ventures, and Goodwater Capital.

Applications
SWEAT's primary use cases involve sports rewards, voting and governance, staking, ecosystem payment methods, transaction costs, etc. The incentive in the Sweat Economy (SWEAT) economic system, however, may be stronger the earlier you sign up. It's important to keep in mind, however, that as time goes on and more people utilize it, the benefit will likely diminish and become unsustainable.

Market Risks
  • After the Public Sale and Private Round went live, there was selling pressure on the secondary market.
  • Potential selling pressure from the Foundation's staff, advisers, and treasury.
  • Sales are under pressure from customers' desire for rewards.

This article was written by MEXC community members exclusively for knowledge sharing, not as investment advice.
3  Alternate cryptocurrencies / Marketplace (Altcoins) / How to Buy ARPA Tokens and What is ARPA Chain? on: September 20, 2022, 03:30:20 PM
The Ethereum blockchain serves as the foundation for the layer 2 network known as ARPA Chain or ARPA. Users can collaborate on a function using this secure multi-party computation network while maintaining the anonymity of their contributions. To protect the privacy of user data, the chain uses smart contracts. To increase its marketability, the network uses the sharding technology in its infrastructure.

Application in Real Life
The Layer-2 framework created by ARPA Network protects privacy while being adaptable enough to support a variety of use cases. Among the sectors it can help include fintech, insurance, artificial intelligence (AI), the Internet of Things (IoT), healthcare, digital marketing, and retail. It can act as a network for data processing and archiving. Along with data marketplaces, key management, blind voting, dark pool trade, and personal data wallets, the system can also be used for these things. In order to maximize risk management readiness, institutions can share credit blacklists using ARPA Chain for credit and anti-fraud activities.

Key Features of ARPA
It is commonly known that ARPA Chain has a feature called Secure Multi-Party Computation (SPMC) that offers transaction validation and protection with a faster transaction time. The chain in question includes the following SPMC operations:

  • Security. The crypto network was created to stop nodes from accessing secure data that they do not already possess. For sovereign networks, this strategy can reduce processing times and increase total network scalability.
  • Scalability. Due to the chain's design, on-chain networks will never run out of fuel. The method is therefore able to significantly increase Layer-1 blockchain transaction speeds.
  • Independence. Off-chain computation controls the complexity of the computation. SMPC can therefore be implemented in an interoperable manner on any other blockchain network.

Project Background
Yemu Xu, Jiang Chen, Felix Xu, Derek Zhang, and Yemu Xu are the co-founders of the project. CEO of ARPA and co-creator of the Bella Protocol, Felix Xu. Felix earned a degree in information systems and finance from New York University. Yemu Xu is the CGO and co-founder of ARPA. In 2018, the business published the whitepaper.

ARPA Distribution
2 billion tokens are available for the project in total. Following is a breakdown of the token distribution:

  • Bootstrap Rewards of 30%
  • 20% of the group.
  • basis of 15%
  • Raise: 13%
  • 10% for personal purchases
  • Public sale: 7%
  • 5% environment

How can I purchase ARPA tokens?
The instructions are as follows for purchasing ARPA on MEXC:

  • Enter your MEXC account credentials, then select [Trade]. Select [Spot].
  • To view the trading pairs that are accessible, type "ARPA" into the search field. Use ARPA/USDT as an illustration.
  • Go to the [Spot] box by scrolling down. Enter how many tokens you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. To finalize your purchase, click [Buy ARPA]. The purchased tokens can be found in your Spot Wallet.
4  Alternate cryptocurrencies / Marketplace (Altcoins) / MEXC Is the First Exchange to Open Forked Token ETHW as Ethereum Enters PoS Era on: September 19, 2022, 03:15:13 PM
On September 15th, 2022, at 06:43 (UTC), Ethereum completed its merge at block height 15537393 and formally adopted the PoS consensus algorithm. Ethereum then said goodbye to the seven-year PoW mining phase.

Ethereum has formally hard forked away from Ethereum at the same time, keeping the PoW consensus. Numerous well-known trading platforms have aggressively opened it for deposit and trade as the network token ETHW of the Ethereum split chain.

MEXC launched ETHW deposit on September 15th at 15:20, becoming the first cryptocurrency trading platform on the network to do so. Only 49 blocks are required to finish the deposit procedure, which is presently the fastest account deposit speed among trading platforms, according to the computation of the ETHW deposit.

The current price of ETHW is 13.01 USDT, and its 24-hour trading volume was $74.05 million, according to CoinGecko data. From the standpoint of trading volume, depth, and price difference, the complete indicators of MEXC, FTX, and ByBit are in the top three when compared to major trading platforms. The absolute amount of the price difference between the bid purchase and ask price on the ETHW trading page on MEXC is just 0.002, which is the smallest, and the trading volume and depth indicators work better.

Additionally, MEXC is not only the first platform to announce its support for the ETH 2.0 mainnet merging and the first to advertise Ethereum's prospective forked chain tokens, but it is also the fastest platform to open ETHW deposits within a single day.

MEXC announced that as of August 5th it had supported the trading of "possible forked token ETHW." The true Ethereum network token, ETHW, can currently be exchanged for the token. The real Ethereum network token (ETHW), which can be acquired outside of the trading platform, can also be placed on MEXC for trading purposes at the same time.

According to what is known, MEXC is a market-leading, user-friendly platform for trading cryptocurrencies that offers one-stop services for trading spot, leveraged ETFs, perpetual futures, NFT Index, etc. MEXC, which has more than 7 million users globally, is the cryptocurrency trading platform with the fastest launch times for well-known projects across the network and the widest range of tradable categories. Aside from that, data from CoinGecko shows that MEXC presently enables trading in more than 1,500 cryptocurrency spots, more than 120 cryptocurrency futures, and more than 300 cryptocurrency leveraged ETFs.
5  Alternate cryptocurrencies / Marketplace (Altcoins) / What Is ETHPoS (ETHS)? Learn with MEXC Blog on: September 16, 2022, 04:09:44 PM
The ETHPoS token is used on the new PoS (proof-of-stake) chain. The important update to Ethereum Merge, commonly known as ETH 2.0, is going to happen. In this case, the Proof of Work consensus mechanism on Ethereum will be replaced by the Proof of Stake consensus system. This essay covers the core traits and background details of ETHS.

What Exactly Is a Hard Fork During the Merge?
A hard fork happens when more than 50% of the community members agree to adopt the update while the remaining members choose to keep with the previous one when a blockchain network experiences major advancements. As a result, ETHS and ETHW are created during this hard fork.

Tokenomics of ETHS
At the time of writing, the price of ETHPOS (IOU) is $1,537.48 USD with a $15,892,989 USD 24-hour trading volume.

Price & Performance of ETHS
On August 14th, 2022, ETHS reached its all-time-high (ATH) price of 1947.73 USD. Since the ATH date, the price of ETHS has dropped to as low as 300 USD on August 8, 2022.

How to Buy ETHS Tokens?
Interested in buying ETHS? You can buy ETHS on MEXC by performing the following actions:

1. Enter your MEXC account credentials, then select [Trade]. Select [Spot].
2. To view the trading pairs that are accessible, type "ETHS" into the search field. Use ETHS/USDT as an illustration.
3. Go to the [Spot] box by scrolling down. Enter the number of ETHS that you like to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. Confirm your order by clicking [Buy ETHS]. The acquired ETHS can be found in your Spot Wallet.
6  Alternate cryptocurrencies / Marketplace (Altcoins) / What Exactly Is Open Network (TON)? on: September 15, 2022, 03:17:43 PM
The Open Network (TON) is a user and service provider friendly blockchain and network project that is quick, safe, and scalable. It can handle millions of transactions per second if necessary. It is a completely decentralized layer-1 blockchain that Telegram created to accept its many users.

Use Cases of the Open Network
All sensible apps that are now suggested and conceived should be able to run on it, according to the researchers. TON might be viewed as a sizable distributed supercomputer, or more accurately, a sizable superserver, designed to host and deliver a range of services. TON is made up of the following elements: A platform for arbitrary services, a distributed hash table like Kademlia, a peer-to-peer network, a distributed file storage technology, a network proxy/anonymizer layer, and a flexible multi-blockchain platform TON DNS, a service that gives accounts, smart contracts, services, and network nodes human-readable names, TON Payments.

While the other parts of the TON project may be thought of as supporting the TON Blockchain, which is the project's main focus, they really end up having interesting and valuable capabilities on their own. When used together, they enable the platform to host more diverse applications than would be possible with only the TON Blockchain. Master, work, and shard chains make up the network of TON at the moment.

Tokenomics of TON
The native token of the network is toncoin (TON). The Open Network, sometimes known as TON, is a decentralized layer-1 blockchain. The fundamental foundation or architecture of a specific blockchain network is represented by Layer-1, which denotes the stage of blockchain development. The Proof of Stake consensus algorithm is used by TON. Based on the fundamental TON characteristics, the current yearly rate of inflation is 0.6%. The community as a whole is paying the validators through this inflation to keep the system running.

With a total supply of 5.04 billion, the market capitalization is 15 billion.

How Can I earn TON Tokens?
  • Validator.

    A high degree of Toncoin as a stake and access to high-performance hardware on a highly accessible network are requirements for becoming a TON network validator. Validators stake Toncoin for a set period of time, and after the validation cycle is over, the stake is returned with interest. For people who want to work as validators, open-source software is readily available.

    Users' transactions are checked by network validators. A transaction is added to the blockchain if all validators agree that it is valid. Transactions with errors are declined. Therefore, in order to be paid and stay out of trouble, validators must swiftly and accurately validate user transactions.
  • Nominator.

    Owners of validator nodes can borrow money from Toncoin holders using the TON Nominator service (validators). Those who leased their assets to the validator receive the toncoin that the validator earned.

    The TON Nominator smart contract ensures that borrowed coins will only be used for validation and that any profit will be distributed in accordance with the terms specified.

How to Buy TON Token?
You can purchase TON on MEXC by doing the following:

1. Enter your MEXC account credentials, then select [Trade]. Select [Spot].
2. To view the trading pairs that are available, type "TON" into the search field. Use TON/USDT as an illustration.
3. Go to the [Spot] box by scrolling down. Enter the number of TONs you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. Confirm your order by clicking [Buy TON]. The TON you just bought is in your Spot Wallet.
7  Alternate cryptocurrencies / Marketplace (Altcoins) / MEXC Will List NFT Index POTATOZ: Join the Trade Mining Session on: September 14, 2022, 03:00:39 PM
MEXC is going to list a new NFT Index: POTATOZ in the Innovation Zone in order to address the rising users’ trading demand and to enrich better user experience. Please see below for specific timeline and more detail for this new project launch:

  • Project name: Potatoz
  • Token Ticker: POTATOZ
  • Trading Pair: POTATOZ/USDT
  • Trading Time: 2022-09-14 14:00 (UTC)
  • Spilt Ratio: 1:1,000,000 (1 NFT split into 1,000,000 NFT Index.)

Please note that the price of new listed projects may be volatile, don’t forget to do your own research and be cautious of potential delisting risks of certain projects.

Allocation of the Rewards

2022-09-14 16:00 - 2022-09-15 15:59: Share from 50% (5,000,000 POTATOZ) of total prize pool

2022-09-15 16:00 - 2022-09-16 15:59: Share from the rest 50% (5,000,000 POTATOZ) of total prize pool

Noted: Daily rewards for each user = (Each user's daily trading volume /daily trading volumes of all users) * daily prize pool

Rules of the Event

  • Each day of the event's duration sees an equal share of the total prize pool awarded.
  • A daily prize pool of 5,000,000 POTATOZ is available for users to trade for a portion of, according to the total POTATOZ transacted that day.
  • The calculation of the daily effective trading volume will take place from 16:00 (UTC) to 15:59 (UTC) the next day.
  • The following day at 8:00 (UTC), rewards will be calculated daily and added to the user's account.

Please be Aware:

  • Valid Trading Volume = Buys + Sells.
  • The maximum daily reward for each user is 250,000 POTATOZ.
  • Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual Trading fee rate = Individual trading fees generated by trading POTATOZ/Individual trading volumes of POTATOZ).
  • This event is limited to master accounts, and not available for sub-accounts.
  • Valid Trading Volume will only be counted for trading volume accumulated with trading fees.
  • Market makers, API traders, and institutional accounts are unable to participate in this event.
  • MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • All participating users are deemed to participate voluntarily. This event does not constitute any investment advice.
  • MEXC reserves the right to interpret this event at our sole discretion.

Project-Related Information

(This information is sourced from the internet. Strictly for references only.)

Official Website: https://www.memeland.com/

Twitter: https://twitter.com/Memeland

Discord: http://discord.gg/memeland

What Is POTATOZ?

The Potatoz is associated with Memeland, and 9GAG, an old GIF & MEME image website, is the development team behind it. The NFTs that Memeland has currently released include "The Potatoz" and "YOU THE REAL MVP."

How Does NFT Index Work?

  • The well-selected NFT artworks are purchased by MEXC, which divides them into a specific number of pieces before listing the relevant NFT Index.
  • Users who trade the NFT Index can obtain comparable amounts of NFT.
  • Users who acquire a total of 1,000,000 units can get in touch with MEXC each week to redeem a full NFT if MEXC divides a total of 10 NFT artworks into a series of 10,000,000 portioned Index! The redemption occurs later the rarer it is.
  • Once a user exchanges a complete NFT, MEXC will buy a fresh NFT. It will still be split at a ratio of 1:1,000,000 with the newly acquired NFT.
  • No more than 10% of the entire number of the series of NFTs will be owned by MEXC in NFTs.

Please Note:

The project team's tokens have no connection to the NFT Index, which solely links to NFTs.

MEXC does not use any on-chain NFTs; it simply splits the NFTs that were acquired.

We will airdrop tokens for you in equal percentages based on your holdings of the NFT Index after the token airdrops for the NFTs you own have been delivered.

The amount of Potatoz NFTs that MEXC buys and holds will depend on the market's demand. NFTs won't be added separately in the future, it won't be announced. Watch our NFT holding address carefully: https://opensea.io/zh-CN/0x17090813320E4b84e3DE43A277601870d2A0E175

Risk Warning

Investments in cryptocurrencies are prone to significant market risk. Please be cautious when making investments. MEXC Global will use its best judgment to select NFTs of the highest caliber, but is not liable for any investment losses. MEXC upholds the value of honest, transparent, and fair trade with no ulterior motive as a digital asset trading platform that values the community. We are dedicated to making trading in digital assets safer, faster, and more reliable for users.
8  Alternate cryptocurrencies / Marketplace (Altcoins) / What Is DaoVerse (DVRS)? Learn with MEXC Blog on: September 13, 2022, 03:01:18 PM
A ground-breaking Farm-as-a-Service project called DaoVerse enables users to passively earn yield in the form of Staking rewards from top-tier projects in the form of DVRS rewards. The goal is to employ user-allocated treasury funds to build NFT Games, 3D & Metaverse VR Games, as well as to invest directly in teams and businesses who have a long-term outlook on P2E and Metaverse Games. Community voting will be used to accomplish this in accordance with the Metaverse DAO members' decisions.

How Does It Work?
DAOs rely on a number of mechanisms to ensure continuous operation. The first of these mechanisms has the focus on programming actions and carrying them out in accordance with predetermined criteria. As a result, the DAO is given the capacity to act independently. This programming, put more plainly, is the collection of laws that control the DAO. Smart contracts are the most popular way to program these activities. A consensus procedure is used as the second technique. Its role is to ensure that the stakeholders and members of the DAO reach consensus when making decisions within the DAO. Nobody who wants to directly participate in the network or be affected by external factors can change or influence their decisions.

The third mechanism used by DAOs, known as governance tokens, also hinges on the creation of a token or medium of exchange. This mechanism strives to ensure a setting that economically supports the DAO and permits users to increase their voting power while also acting as a vehicle for economic reward and exchange.

The fourth mechanism they have is there to record everything that occurs in the DAO. The blockchain, which allows for public access to all information and ensures its security, is the appropriate tool for this task. The combination of these four components enables a DAO to function at all.

DVRS's Tokenomics
The DaoVerse ecosystem is powered by the utility token known as DVRS. It can be used to buy virtual products like experiences and in-game goodies. Through Metaverse, the native token supports exponential rewards. a fixed supply, non-inflationary token with ZERO tax fees on any DVRS Smart Contract transaction. Equal amounts of DAO governance are provided by each coin. The power to recommend and enact investing standards will increase as more people become involved in the token.

There are 1,000,000,000 DVRS in total supply, and 500,000,000 DVRS are in current circulation. It built on BEP-20 chain. The team is working hard to add more features and capabilities to the DaoVerse platform, which is presently in beta.

How Can I Buy DVRS Tokens?
The steps to purchase DVRS on MEXC are as follows:

  • Enter your MEXC account credentials, then select [Trade]. Select [Spot].
  • To view the trading pairs that are accessible, type "DVRS" into the search field. Use DVRS/USDT as an illustration.
  • Go to the [Spot] box by scrolling down. Enter the desired number of DVRS. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. To finalize your purchase, click [Buy DVRS]. The DVRS that you bought are in your Spot Wallet.

9  Alternate cryptocurrencies / Marketplace (Altcoins) / What Is Rugrats & Hey Arnold NFT? on: September 09, 2022, 05:12:28 PM
A classic children's television network, Nickelodeon, has introduced the NFT collection Rugrats & Hey Arnold!, which is infused with nostalgia. 10,000 NFT packets, each containing a 1/1 PFP, are initially offered for $50 each. 12 characters total—six from Hey Arnold and six from Rugrats—are included in the packs. This article describes the main characteristics of Rugrats & Hey Arnold! (ETH) and how to buy it by first buying ETH as a base token on the MEXC Exchange.

What Is Nickelodeon: Rugrats & Hey Arnold! ?
Rugrats Plus Hey Arnold! is the collection's simple name. With 12 1/1 NFTs based on characters from both programs, including Angelica, Tommy, Chuckie, Phil, Lil, Susie, Arnold, Gerald, Helga, Phoebe, Harold, and Rhonda, was developed in collaboration with NFT platform RECUR. Each NFT's original artwork is hand-drawn, and each character includes a recognizable clothing to facilitate the owners' time travel. It is yet unknown how the characters will be weighted, whether it will be evenly distributed or slanted toward some characters more than others.

Zach Bruch, co-founder and CEO of RECUR, claims that working on this project made him feel nostalgic, and that the Nickelodeon Web3 experience will transport viewers back in time. He is overjoyed at the prospect of introducing these figures to the metaverse through RECUR.

Buying Instruction of Rugrats & Hey Arnold
Users will need to buy ETH on MEXC Exchange (or other crypto exchanges) by following the instructions below:
  • Enter your MEXC account credentials, then select [Trade]. Select [Spot].
  • To view the trading pairs that are accessible, type "ETH" into the search field. Use ETH/USDT as an illustration.
  • Go to the [Spot] box by scrolling down. Enter how much ETH you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. Confirm your order by clicking [Buy ETH]. The acquired ETH can be found in your Spot Wallet.
  • You can buy Nickelodeon: Rugrats & Hey Arnold! by purchasing the required quantity of ETH, sending it to your Metamask wallet, and then purchase NFT on OpenSea with ETH.


10  Alternate cryptocurrencies / Marketplace (Altcoins) / Earn Passive Income: SHIB Staking at MEXC on: September 08, 2022, 03:34:09 PM
What Is Staking? What Can You Get from It?
Many long-term cryptocurrency holders (HODLers) view staking as a means to put their digital assets to work by making some money and rewards instead of just keeping them in their wallets. Staking on MEXC (or other crypto exchanges) is a straightforward way to get paid for holding particular cryptocurrencies. Therefore, you can immediately start earning rewards by staking some of your SHIB! Please read this article for more instruction about staking.

How to Start My SHIB Staking?
In general, everyone can participate in staking if they are holding SHIB. Options and APY vary between exchanges, crypto wallets, and platforms. Some exchanges have minimum token requirement for staking, varies from different cryptos. All you need to get started is some cryptocurrency in your MEXC wallet. MEXC provides two primary staking products:

  • Staking in MEXC MX-DeFi sessions with variable and locked (fixed) durations and APYs.
  • Only flexible staking is currently capable of supporting SHIB staking.

SHIB Staking at MEXC
Currently, MEXC offers flexible staking in SHIB with an estimated APY of 2.6%.

11  Alternate cryptocurrencies / Marketplace (Altcoins) / What Exactly Is Fractura NFT by Mathias Isaken? on: September 06, 2022, 03:54:06 PM
In partnership with gm. studio, artist Mathias Isaken developed the generative art work Fractura. The world's first fully decentralized art platform, gm.studio is a generative art platform developed by the gmDAO, a community-controlled enterprise run by artists. Gm.studio has two practices in place that will provide every applicant the same chance because they feel that art should be inclusive and accessible to all:

  • a clear and effective submissions process
  • based solely on merit; no advance payments
  • enticing royalty schedule
  • exposure to established investors and collectors

What Are the Factura by Mathias Isaksen NFTs?
Mathias Isaksan's Factura is a collection of 999 generative art NFTs. On July 16, 2022, the collection debuted on gm. studio, a generative art platform developed by gmDAO. In developing Factura, Mathias concentrated on striking a balance between each NFT's conflicting characteristics of monolithic and minute, as well as structure and disorder.

How to Buy Factura by Mathias Isaksen NFTs?
You can purchase ETH on MEXC Exchange first before you buy Factura NFT by following the steps:

1. Enter your MEXC account credentials, then select [Trade]. Select [Spot].
2. To view the trading pairs that are accessible, type "ETH" into the search field. Use ETH/USDT as an illustration.
3. Go to the [Spot] box by scrolling down. Enter how much ETH you wish to purchase. Confirm your order by clicking [Buy ETH]. The acquired ETH can be found in your Spot Wallet.
You can buy Factura by Mathias Isaksen on OpenSea Marketplace after buying the necessary quantity of ETH and transferring it to your Metamask wallet.
12  Alternate cryptocurrencies / Marketplace (Altcoins) / What Is Step App? Learn with MEXC Blog on: September 05, 2022, 04:58:40 PM
Step App is a gamified metaverse dedicates to the fitness community. Step App provides a platform for people who are active to jog, exercise, run, socialize and earn on the platform. The native token, utility token and gas token of Step Protocol are called FITFI, you can trade it on MEXC Global. It is crucial that Step App is rewarding the fitness community by encouraging and incentivizing a healthy lifestyle.

Key Features of Step App
1. Play Income
  • Micro-transaction: referring to non-Sneak purchases like map themes, character skins and so on. You can purchase these items from the store by using credit cards or cryptocurrencies.
  • Staked Play: players can compete with their friends or match with strangers. With staking tokens, the competition can be completed and there will be a 2.5% fees added to the winning pool.
  • Tournament Gaming:players will be able to see their every-day step counts ranked on a reginal or global leaderboard. Users will have the chance to be granted access to exclusive skins. You'll need a ticket to enter the tournament, the ticket sales are added to the pool, the game itself will retain 5% of the ticket sales.
2. NFT Income
  • NFT Marketplace: for all NFT trades and transactions, there will be a 2.5% fees.
  • NFT Sales: Limited edition of the Sneaks will be issued once a month.

Wondering How Can You Buy FITFI?
The steps to purchase FITFI on MEXC are as follows:

1. Enter your MEXC account credentials, then select [Trade]. Choose [Spot].
2. To see the trading pairs, type "FITFI" into the search field. Use FITFI/USDT as an instance.
3. Go to the [Spot] box by scrolling down. Enter how much FITFI you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. Confirm your order by clicking [Buy FITFI]. The purchased FITFI can be found in your Spot Wallet.
13  Alternate cryptocurrencies / Marketplace (Altcoins) / What Is Shita-Kiri Suzume? Learn with MEXC Blog on: September 01, 2022, 05:12:58 PM
Launched on August 3, 2022, Shita-Kiri Suzume is an ERC-20 token based on the Ethereum network (you can trade SUZUME on MEXC). The narrative of a sparrow who cuts its tongue is told in the Japanese folktale Suzume. The plot focuses on lessons about friendship, ambition, and envy. The key characteristics and general tokenomics of Suzume are examined in this article (plus SUZUME-buying guide on MEXC).

Suzume's Features
SUZUME is one of the many meme tokens, which was popularized by the likes of Doge and Shiba for widespread adoption. Its goal is to become a decentralized community-powered project. A fully decentralized project requires that Suzume should not be under the control of an individual or organization. Suzume's liquidity was burned partially, and there is no longer a tax function. The fundamental elements of Suzume will be presented shortly as long as the Suzume team updates, as there is now a shortage of information on the white paper.

Tokenomics of Suzume
There are 1 trillion SUZUME tokens in existence. SUZUME's market cap is now projected to be $3,914,894 with a fully diluted market size of $3,847,425 at the time of writing. As was already mentioned, SUZUME would be a coin with no taxes by utilizing burning mechanism to promise liquidity.

How is SUZUME purchased?
Looking for SUZUME purchasing options? You can buy SUZUME on MEXC by doing what is described below:

1. Enter your MEXC account credentials, then select [Trade]. Select [Spot].
2. To see the trading pairs that are accessible, type "SUZUME" into the search field. Use SUZUME/USDT as an illustration.
3. Go to the [Spot] box by scrolling down. Enter how much SUZUME you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, you choice. Use a market order as an illustration. In order to confirm your order, click [Buy SUZUME]. The Suzume that you bought is in your Spot Wallet.
14  Alternate cryptocurrencies / Altcoin Discussion / What Is StarLink - Learn with MEXC Academy on: August 31, 2022, 04:05:20 PM
The StarLink (STARL) is a decentralized virtual space metaverse and NFT project on the Ethereum network. It is owned by the community entirely. STARL is the official governance token for the StarLink Metaverse. It gives you access to a wide range of virtual goods like items, advancements, and services in the ecosystem. Additionally, you can engage with others while playing virtual space games, bidding in NFT auctions, trading in virtual satellites and spacecraft, buying satellite land, and exchanging daily necessities in space. The main characteristics and tokenomics of STARL are discussed in this paper (plus how-to-buy STARL guide on MEXC).

Some Essential Features of STARL
There are numerous of STARL's features. The guiding principle of STARL is that projects can be carried out more equitably, sustainably, and in a way that is advantageous to all parties.
  • 0% transaction fee and tax
  • No advance or exclusive unlocking
  • No dev token wallet is in used
  • All the token supply is in circulating and 100% of the increased liquidity

Tokenomics of STARL
There are 10 trillion STARL tokens in circulation (total supply), all of which are totally transparent, entirely secure, and entirely owned and controlled by the community. With the initial liquidity and contract ownership burned, all tokens are currently in use. STARL's estimated market cap as of this writing is $ 38,540,920, and its fully diluted market cap is $38,633,042. There are currently no token unlocks for private investors; all tokens can only be traded publically.

Where Can I Buy STARL?
Searching for a STARL purchase option? The steps are for buying STARL on MEXC:
1. Enter your MEXC account credentials, then select [Trade]. Select [Spot].
2. To view the trading pairs that are available, type "STARL" into the search field. Use STARL/USDT as an illustration.
3. Go to the [Spot] box by scrolling down. Enter how much STARL you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. Confirm your order by clicking [Buy STARL]. The STARL you bought will be in your Spot Wallet.
15  Alternate cryptocurrencies / Altcoin Discussion / What is Kay Pacha (PACHA) - MEXC Blog on: August 30, 2022, 11:21:39 PM
The Kay Pacha (PACHA) is a community that traces its roots back to Inca mythology; the name itself means "this world." It is believed that "Tarypay Pacha," a period of transformation and union in the earth during which we must advance our spirituality, community, and love, is approaching. As a result, PACHA will pave the way for such a journey. PACHA's founding principles include 0% taxation, burnt liquidity, and community administration. The main characteristics and tokenomics of Kay Pacha are explored in this article (plus how to buy and earn PACHA on MEXC).

Core Feature
The majority of information on PACHA is made public through the @Mancoshi returns account on Twitter and Medium.com, despite the fact that its governors usually maintain their anonymity. Many of the pertinent details on the coin relate it to supporting the spiritual needs that are emphasized in indigenous culture. Particularly, Kay Pacha is the equal of our own inhabited world in terms of the physical realm of living things and the world of birth, death, and decay.

PACHA Tokenomics
The total supply of PACHA tokens is 1 billion. After its launch, it has had 808.32 million in transactions in the past day, giving it an estimated market worth of $60195.4904. In order to assure liquidity, PACHA will include a currency with a 0% tax and a burning mechanism.

How to Buy PACHA?
You can purchase PACHA on MEXC Global (or other crypto exchanges) following the steps below:
1. Log in or register to your MEXC account and click [Trade]. Then click on [Spot].
2. Enter "PACHA" in the searching bar to see available trading pairs.
3. Scroll down and go to the [Spot] box. Input the amount of PACHA you would like to buy. Click [Buy PACHA] to confirm your order. You will find the purchased PACHA in your Spot Wallet.
16  Alternate cryptocurrencies / Marketplace (Altcoins) / EightBit NFT Index - MEXC Research on: August 29, 2022, 06:33:37 PM
The 8,888 NFTs that compose EightBit are produced by a variety of 8-bit-themed features. A PFP and a complete Digital EightBit Character are both contained in each NFT and are kept on IPFS. Each character has a website of their own, which will eventually feature more interactive features. This article explains the Eight Bit Index's rationale and how to buy it on the MEXC Exchange.

EightBit.Me is an evolution of the original launch in 2010, when Addison Kowalski, one of the creators, created a few 8-bit profile images of his Digg coworkers. Amadeus Demarzi, the team's current coder, was asked to assist in the creation of a web-based generator that enables anyone to design their own 8-bit avatars. This suggestion was made by Courtney Guertin, the team member currently in charge of the Code. In the NFT sector, the team is now relaunching the project. Bit owners can also buy ancillary features like houses, Perks (free IRL bonuses decoded periodically), external Merch, and Loot to get extra Merch.

How the EightBit NFT Index was made
EightBit is an assortment of 8,888 NFTs produced by a variety of 8-bit-themed qualities. There are uncommon clothing, things, and more surprises in the collection. 19 EightBit NFT is divided by MEXC into 19,000,000 NEIGHTBIT index tokens (1,000,000 NEIGHTBIT per NFT). The NEIGHTBIT index gives customers the chance to trade premium blue-chip NFTs at a reasonable price. A user may convert their index holdings into one of the 19 NEIGHTBIT NFTs if they control a significant enough portion of the index. MEXC will occasionally increase the collection in response to market demand, but MEXC's overall position will not be greater than 10%.

How to Buy NEIGHTBIT NFT Index?
The process of buying NFT Index is easy as trading crypto on in spot markets. You can buy EightBit (NEIGHTBIT) on MEXC by the following the steps:

- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “NEIGHTBIT” using the search bar to see the available trading pairs.
- Scroll down and go to the [Spot] box. Enter the amount of NEIGHTBITyou want to buy. Click [Buy NEIGHTBIT] to confirm your order. You will find the purchased NEIGHTBIT in your Spot Wallet.
17  Alternate cryptocurrencies / Altcoin Discussion / Merge Into Ethereum 2.0 on: August 23, 2022, 07:50:45 PM
The first phase of Ethereum 2.0 was launched in 2020, and the estimated earliest full release date will be in 2023. The long-waited Ethereum 2.0 upgrade is finally getting close (hopefully)!

This upgrade is attempting to improve the Ethereum network's scalability and security by modifying infrastructure, with the most notable change - switching from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. With rising demand on ETH, being able to increase the speed, efficiency and scalability is essential in terms of processing more transactions.

Ethereum has always been considered as the leader of the public chain. Trending projects like DeFi (2020) and DAO (2021) were carried out on Ethereum's public chain. Instead of dealing with long transaction validation times and high gas prices on Ethereum 1.0, the upgrade will allow up to 100,000 transactions per second by shardchain implementation to improve scalability.

The Beacon Chain:
Introduced PoS to the Ethereum ecosystem without changing the ETH we use today. In addition, it serves as the consensus layer, coordinate the network and an important precursor to the upcoming upgrade in scaling, such as sharding.

Besides improvement on scalability, security is considered as well in the Ethereum 2.0 plan. There will be at least 16,384 validators are required to deposit ETH on Ethereum 2.0, which makes Ethereum more decentralized and therefore safer.

Sharding:
It is an upgrade to improve Ethereum's scalability and capacity where everyone can run a node. Sharding not only provides more affordable transaction but also leverages the security of Ethereum because the new network is more decentralized and the smaller surface area will be attacked.

So, what will happen to your ETH on Ethereum 2.0?

Some people might be worried about token migration like transferring to a bigger exchange or in a cold wallet (ledger). For most ETH holders, the answer is no, you don't really need to do anything even if you bought it over the years on current Ethereum blockchain. The incoming launch of Ethereum 2.0 will not significantly affect holders' interactions with dapps, services or exchanges. On the other hand, for ETH holders who are interested in ETH staking, it might be a good opportunity for you to be more active in staking and you can start your ETH staking on MEXC Global!
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