Binance has now launched the 27th new coin mining project- Merit Circle (MC) , a distributed autonomous organization that makes money while playing.

Users can put BNB, MC, BUSD into the MC mining pool on the Launchpad website after 08:00 on December 03, 2021 (East Eighth District) to get MC rewards. MC can be mined for a total of 60 days.

MC Launchpool Details:

  • Token name: Merit Circle (MC)
  • Total tokens: 1,000,000,000 MC
  • Initial circulation: 42,592,000 (4.26% of total tokens)
  • Total mining volume: 12,500,000 MC
  • Research report: Merit Circle (MC)
  • Block explorer: MC ERC-20 block explorer
  • Restrictions: No mining limit, KYC required

Go to Binance Official Website

Supported Pools:

  • BNB mining pool: a total of 8,750,000 MC (70%) can be mined
  • MC mining pool: a total of 2,500,000 MC (20%) can be mined
  • BUSD mining pool: a total of 1,250,000 MC can be mined (10%)
  • Mining time: East 8th district time from 08:00 on December 3, 2021 to 07:59 on February 1, 2022
    Phase allocation of mining quota

Open Binance’s Account

MC Farming Distribution

Date (00:00:00-23:59:59 UTC) Total Daily (MC) BNB daily quota (MC) MC daily quota (MC) BUSD Daily Quota (MC)
2021-12-03 – 2022-01-31 208,333.33 145,833.33 41,666.67 20,833.33

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

Binance will take a snapshot of the user’s holdings and the total holdings of the mining pool once an hour, and calculate the 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 Official Website