What is Mdex?
Mdex is decentralized exchange (DEX) AMM i.e., automated market maker based on unique concept purchase and burn. Mdex is based on concept of fund pool and also support dual mining concept that include liquidity and trade mining. At first Mdex implemented Heco chain to start token swap, liquidity pool, staking and more.
Mdex becomes multi-chain DEX after it adopted Ethereum and Binance smart chain network to increase TVL. Platform begin development with the aim of reducing transaction fees with Heco chain and gaining prosperity from Ethereum blockchain. Multi-chain integration will be providing more secure, reliable, faster asset selection and configuration. Anyone can create asset on different network and earn best ROI in decentralized token exchange service.
"Join These Biggest ICOs of 2021"
Liquidity and transaction mining could help exchange to gain liquidity within short period of time and it is one of the easiest proven method. This mining will be work similar as layer of leverage that supports trading activities along with maintaining DEX liquidity.
Mdex Price Prediction
|Month & Year||MDX Price Prediction|
|Chains||Heco, BSC, Ethereum|
|Exchange Platform||Mdex, Huobi, Binance, Gate, hoo, MXc, OpenOcean, Coinbene|
|Wallet||Metamask, Huobi Walllet|
|Partner||DefiBox, DeBank, Token Pocket, KingData, Hyper Pay, Polynetwork, Bitpie, Coinwind, Safepal.|
MDX Price Analysis
MDX aka MDEX token is known as core exchange medium token that will be having multiple uses on platform. MDX has practical application value and also represent rights of holders. Being community driven project token holder will be making major decision in issues and future development. MDX token tradable on different network exchange on own platform and now it is listed on top centralized exchanges like Binance, Huobi, Gate and more.
After announcement of listing of Binance MDX prices jumped by 50% and now it current maintain moderate growth in market cap volume. in total locked value Mdex crosses $1.5 billion market, which is more than popular decentralized exchange.
Will MDX hit $10?
MDX token holder having multiple rewards, where number of HODLer will be grow as its burn and purchase strategy will boost price.
Is Mdex a Good Investment?
Mdex supporting 3 chain as of writing and also looking to add more blockchain network that could be benefit Mdex token holder.
Mdex is another addition of innovating Decentralized exchange and increase adoption of decentralized finance. as of now, we know most of new project focusing on improving transaction speed, scalability with maintaining lower transaction fees. Heco and BSC chain widely adopted by multiple exchanges and Defi project, as most of project considering go with multiple chain to give multiple choices to investor. Mdex expanded their exchange from single chain to multiple chain and in future more chain will be added. Project enter into top 100 project by market cap volume and surpassing sushiswap and other popular DEX.