Mobox (MBOX) on Binance Launchpool

Binance has now launched the 22nd new coin mining project- Mobox (MBOX), an innovative GameFi platform that integrates Defi liquid mining and NFT game applications.

Users can put BNB, MBOX, and BUSD into the MBOX mining pool on the Launchpad website after 08:00 on August 20, 2021 (Hong Kong time) to get MBOX rewards. MBOX can be mined for a total of 30 days.

Token Name:Mobox (MBOX)
Total Supply:1,000,000,000 MBOX
Circulating Supply:37,333,406 (3.73% of total supply)
Launchpool Supply:3,000,000 MBOX
Research Report:Mobox (MBOX)
Block Explorer:MBOX BEP-20 Block Explorer
Staking Terms:No upper limit. No KYC required

Farm MBOX on Binance

Mining pool:

Stake BNB:2,100,000 MBOX in rewards (70%)
Stake MBOX:600,000 MBOX in rewards (20%)
Stake BUSD:300,000 MBOX in rewards (10%)
Farming Period:2021-08-20 00:00 AM (UTC) to 2021-09-18 11:59 PM (UTC)

Phase allocation of mining quota

Dates (00:00:00 – 23:59:59 UTC each day)
2021-08-20 – 2021-09-18
Total Daily Rewards (MBOX)
100,000
BNB Pool Daily Rewards (MBOX)
70,000
MBOX Pool Daily Rewards (MBOX)
20,000
BUSD Pool Daily Rewards (MBOX)
10,000

The above table uses UTC time every day, converted to Hong Kong time from 08:00:00 on the day to 07:59:59 on the next day.

Binance will take a snapshot of the total position data of user holdings and mining pools once an hour, and calculate mining rewards.

Users can receive the mined tokens (reward quantity updated every hour) to the spot account at any time.

The annualized income and total position data of each mining pool will be updated in real-time.

Each mining pool calculates the annualized income separately, and users can flexibly allocate tokens to the corresponding mining pool, but multiple mining with one coin is not supported.

Users can redeem the tokens in a mining pool and transfer them to other mining pools at any time.

After all the tokens in the mining pool are mined, the assets participating in the mining and the tokens that have not been collected will be automatically returned to the user’s spot account.

BNB transferred to the mining pool will still enjoy BNB’s standard equity holding statistics, such as airdrops, Launchpad holding statistics, VIP rights, etc.

Go to Binance’s Official Website