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Dima-Bomba

Why mdex need own token? what are usecases?

#cryptocurrency #de-fi #english #mdex
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1 ответов

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Bhavin-Gala

There are many benefits of holding MDX. Firstly, Mdx token is a utility token which is the core medium of exchange token of MDEX, MDX not only represents the  rights of the holders, but also has its practical application value. MDX  can be used as Governance tokens. MDX is a community-led decentralized project that can be used for community governance of MDEX to make decisions on major issues in the community.  Such as voting on transaction fee ratios, review of other important rules, and the decision to achieve deflation in the face of periodic repurchase and burn of tokens. Also MDX  is a standard fundraising token used by HT-IMO, a  de-centralization fundraising protocol based on MDEX platform. It’s  similar to use ETH to do ICOs on Ethereum platform and will have greater  value as IMO is widely used. Mdx holders will be able to participate in our IMO.

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18.02.2022

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