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Mdex

For MDEX new joiners, Win MDX rewards and be a MDEX partner
Category
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Finance
Blockchain
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BSC, HECO
Currency
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MDX
Publisher
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MDEX Team
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What is Mdex?
MDEX.COM supports the decentralized cross-chain transaction protocols of BSC, HECO and ETH, and ranks first in the DEX rankings by CoinMarketCap and CoinGecko. MDEX.COM innovatively combines the different advantages of various basic public chains, and creates a well-rounded and composite DEX ecosystem with high performance. The "dual mining" mechanism of liquidity mining and transaction mining brings greater returns to the participants, and the transaction fee “repurchase and burn” mechanism realizes a closed and self-driven loop for value capture. It runs on the HECO,ETH and Binance Smart Chain (BSC). Users can use MDEX Bridge to realize cross-chain interoperability between HECO, ETH and BSC.

MDEX is committed to establishing a composite DeFi ecosystem that integrates DEX, IMO, and DAO, providing one-stop liquidity services for more high-quality assets, and providing users with a more secure, reliable, diverse, and cost-effective trading experience. For cryptocurrency trading, MDEX.COM is definitely the greater, faster, better and cheaper choice!

Overview
MDEX.COM is a decentralized platform for cross-chain transactions and deployed on BSC, HECO and Ethereum. Its transaction volume and TVL are at the top of the DEX rankings by CoinMarketCap and CoinGecko. MDEX aims to integrate the advantages of multiple chains to build a high-performance compound DEX ecology. The dual mining mechanism of liquidity mining and transaction mining provides participants with maximum rewards. MDEX is now available on Heco and BSC, and users can use MDEX Bridge to complete cross-chain transactions on Heco, Ethereum and BSC. Committed to building a DeFi platform integrating DEX, IMO and DAO, MDEX provides one-stop liquidity services for high-quality assets and brings users a safe, reliable, diversified and cost-effective transaction experience. MDEX.COM provides fast, diverse and economical crypto transaction services.

Project Vision
MDEX aims to integrate the advantages of multiple chains to create a high-performance compound DEX ecology. The dual mining mechanism of liquidity mining and transaction mining provides participants with maximum rewards; the transaction fee for MDX repurchase and burn enables it to achieve a closed self-driven ecological loop for value capture. MDEX strives to provide one-stop liquidity services for more high-quality assets and brings users a safe, reliable, diversified and cost-effective transaction experience. MDEX will build a new business ecology with full application scenarios covered and various chains connected. It will continue to expand application scenarios and lower the usage threshold to provide global users with more convenient, high-performance, low-cost and non-differentiated crypto-asset financial services, thereby realizing fair pricing of assets, instant settlement of transactions and free flow of values.

Swap
MDEX currently supports most token transactions on HECO and BSC. Besides the deep, fast, diversified transactions, users can receive transaction fee subsidies during the transaction process. Not all trading pair can enjoy transaction fee subsidies.

Liquidity mining
Obtain MDX token rewards by staking LP after adding liquidity on HECO or BSC. Not all trading pair transactions can enjoy token rewards.

Boardroom
Boardroom supports LP and single token staking to obtain MDX rewards. The rewards are purchased and distributed by the project party through the secondary market.

Bridge
Through the MDEX Bridge, users can perform cross-chain transactions with one click.

DAO
DAO governance gives users the authority to lead the development of the ecosystem directly or indirectly. All users who participate in the MDX boardroom lock-up (30 days, 90 days, 180 days, 365 days) can manually collect the vouchers (xMDX) on the boardroom staking page. Users with the lock-up vouchers have rights to participate IMO, director election, director voting, community proposals voting, etc.
Information
Type
Automated Market Maker
Blockchain
BSC, HECO
Currency
MDX
Platform
Windows, macOS
Publisher
MDEX Team
Version
v11.3.0
FAQ
There are many reasons, such as price errors caused by node latency, or the price fluctuations causing an error between the current quantity and the quantity when the swap application is submitted. There may also be an optimal path, but the user has already submitted it.
MDEX needs to ensure the MDX output on HECO and BSC are the same (80 MDX per block), which means that it needs BSC native tokens. The cross-chain token HMDX on BSC belongs to users and cannot be used to reward miners. And there is still a gap between the amount of HMDX and the amount of MDX mined on BSC, which leads to a price difference when users buy and sell tokens. But as the liquidity of HMDX on BSC increases, the price difference will narrow down. HMDX will become MDX when it comes back to HECO.
The MDX on BSC is part of the 1 billion MDX supply. Since the mdx output on BSC in the early stage is small, its price differs from that of HECO. We will try our best to adjust the price difference through the Boardroom, repurchases, rewards, and the proportion of future output, etc., to achieve the goal of 1:1 swap ratio.
MDEX probably will introduce them in the future to enrich the ecology but it needs to be done step by step. If there is any adjustment or enhancement of the operation strategy, we will announce it through official channels as soon as possible. Stay tuned to our official account.
The liquidity mining pool rewards users by blocks, while the Boardroom LP gives transaction fee rewards. The sources of the rewards are different.
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