Mdex
Name
Mdex
Summary
MDEX is a decentralized automated market-making (AMM) exchange technology based on the concept of fund pools.
-It was founded by Nate Flander and Anant Handa in 2017
-It is deployed on Ethereum, Binance Smart Chain (BSC), and Huobi ECO Chain (HECO).
Rating
Symbol
MDX
Overview
MDEX aspires to combine the benefits of various chains to create a high-performance compound DEX environment. Participants benefit from the dual mining mechanism of liquidity and transaction mining, which maximizes rewards. MDEX is now available on Heco and BSC, and users can utilize MDEX Bridge to conduct Heco, Ethereum, and BSC cross-chain transactions. MDEX offers users a safe, trustworthy, varied, and cost-effective transaction experience by providing one-stop liquidity services for high-quality assets. MDEX.COM offers crypto transaction services that are quick, diversified, and cost-effective.
Historical Price Movement (in INR)
Technology
MDX is an HRC-20 compatible token that lives on the Huobi Eco Chain.
The HPoS consensus method is introduced to the market by the HECO blockchain.
Use of Native tokens in the ecosystem:
MDX is the platform's native utility token, with the following applications:
Token holders can vote on network governance issues, including transaction fee ratios and buyback and burn regulations.
Users can earn MDX tokens by providing liquidity or trading on the Mdex platform.
MDX can be staked to earn MDX.
IMO: Take part in Initial Model Offerings (IMOs), in which projects raise funds using MDX and BNB tokens.
Liquidity mining and Transaction mining (HECO)
49%
Liquidity mining and Transaction mining (BSC)
31%
Team Rewards
10%
Early Investors
7%
Marketing and Operations
3%
Volume (As of 3rd April, 2022)
$13,000,035
Total Supply
1000000000
Circulating supply
871,242,056.91 MDX
Crowd Sales
NA
Country
NA
Name of Organization
Mdex
Year Incorporated
2017
Registered Address
NA
Dispute Resolution and Governing Law
NA
Country Risk Assessment
NA
Founding Team
Name | Designation | Education | Experience |
Nate Flander | Co-Founder | Florida State College at Jacksonville: Business Administration, Management and Operations | 9 Yrs |