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Currency
MDX(Mdex)
Mdex is an automatic market-making decentralized exchange, implementing a mix-chain model on Ethereum and HECO (Huobi Eco-Chain).
Market Dynamics
Some data are from CoinGecko
Current Price
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Ranking
From CoinGecko Market Cap Rankings
249
ICO Date
2021-01-19
Total Supply
1000000000
Circulating Supply
934781736 Data source: CoinGecko
Market Cap
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Circulating Mkt Cap
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The price range covers the costs of earlier institutional & individual investors.
Price for Earlier Investors
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1. Brief Introduction


Mdex is a decentralized exchange based on Huobi Eco-Chain & Ethereum, and supports the "dual mining mechanism" of liquidity mining and trade mining.


2. Detailed Introduction


Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. Mdex proposes and implements a dual-chain DEX model based on the Heco Chain and Ethereum. Mdex combines the advantages of the low transaction fees of the Heco chain and the prosperity of the Ethereum ecosystem. With MDEX, users can also participate in dual mining mechanism of liquidity mining and trade mining.


Mdex is committed to building the largest DeFi platform integrating DEX, IMO and DAO on the Heco and Ethereum.


3. Token Allocation


Team: 10%
Investors: 7%
Marketing: 3%
Mining: 80%


4. Token Information and Release Schedule


Token Lock-up plan and release plan:
Total amount of MDX is 1 billion, of which 10% is used as a team reward for technology development, etc., and it will be unlocked in 24 months after launch one month. 7% is used as early investors’ share to provide more sufficient funds and resources for Mdex; 3% is used for market promotion and brand building; These two will be released 12 months after launch. The remaining 80% is used for liquidity mining and transaction mining on Heco.



Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.

 

 

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Huobi reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.