MDEX.COM
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  • Welcome to MDEX.COM
  • MDEX LightPaper
  • Meta-Elephant NFT
  • Guids
    • MDX cross-chain to Ethereum (ERC20) operational guide
    • Anti-Scam Guide
    • Farming by Voting Plan
      • Voting tutorials
    • DAO Governance Rules
      • Governance voucher Guide
      • Director Election and Voting Guide
      • Community Proposal Voting Guide
      • Community Proposal Guide
      • DAO Governance FAQ
    • New “Market” Tutorial of MDEX
    • Manual for MDEX order book function
    • Tutorial Guide on Referral Rebate
    • Boardroom Lockup Tutorial
    • Boardroom Staking Pool Release Tutorial
    • How to use the wallet
      • How to create a wallet and enter the MDEX trading interface on mobile
      • How to install MetaMask wallet in browser and configure the mainnet
    • How to conduct liquidity mining
      • PC Version
      • Mobile Version
    • How to create a liquidity pool on the MDEX platform?
    • How to trade mining
      • Mobile Version
      • PC Version
    • Futures Trading
      • Crypto Futures Explained
      • Funding Rate
      • Transfer Funds into Your Futures Wallet【Website】
      • Changing the Leverage Multiplier
      • How to change Margin Mode
      • How to use the MDEX Futures Calculator
      • Beginner's Guide to Futures Trading
      • MDEX Futures Transaction Fees
      • Mark Price in USDⓈ-M Perpetual Futures Contracts
      • MDEX Futures Liquidation Protocol
      • Order Types
      • What is a Stop Order
      • What is a Trailing Stop Order
      • Types of Position Mode
      • Leverage and Margin for USDⓈ-M Perpetual Futures Contracts
      • Why Can't I Place a Futures Order?
      • USDⓈ-M Perpetual Futures Contract Specifications
    • How to conduct cross-chain
      • How to cross-chain USDT to BSC
      • How to cross-chain MDX to BSC
      • Guide for cross-chain SHIB from ETH to Heco
  • Announcement
    • Announcement on the HECO Network Shutdown and Clearance of Certain HECO Assets
    • Announcement on MDEX Team's Completion of MDX Token Buyback and Burn Equivalent to 3 Million USDT
    • Announcement on the Repurchase and Burn of MDX by MDEX
    • Announcement on Enabling ERC20 Network Deposits for MDX on HTX Exchange
    • Announcement on the Official Deployment of MDEX NFT Marketplace on Polygon Network
    • An announcement on the thirteenth halving of MDX production
    • Join the MDEX NFT Market (BNB Chain) Trading Competition and Win a Total Reward of 500U worth of MDX
    • Announcement on the Official Deployment of MDEX NFT Marketplace on the Ethereum Network
    • Announcement Regarding the Launch of NFT Trading Marketplace on MDEX (BNB Chain)
    • Announcement Regarding the Restart of Cross-Chain Bridge Functionality on MDEX
    • An announcement on the twelfth halving of MDX production
    • MDEX officially deployed the OPBNB Network
    • MDEX's Third Anniversary: The Path of Flexibility Amidst Changes
    • An announcement on the eleventh halving of MDX production
    • MDEX advises users to convert their BUSD to other stablecoins by February 2024
    • An announcement on the tenth halving of MDX production
    • Announcement on the Addition of MDEX Team Wallet Address
    • Announcement on MDEX.COM has officially launched the Cross-Chain Bridge functionality
    • An announcement on the ninth halving of MDX production
    • Announcement on liquidity mining activities with Stader on MDEX (BSC)
    • Announcement on MDEX Officially Deployed on BitTorrent Network
    • MDEX is deploying BTTC Network and launching multiple activities with a total reward of $180,000
    • Announcement on UI upgrade of MDEX official website
    • An announcement on the eighth halving of MDX production
    • MDEX forges ahead with determination on its 2nd Birthday
    • Enjoy the Lowest Transaction Fee on BNB Chain on MDEX!
    • MDEX Referral System Updated Version (BNB Chain)
    • An announcement on the seventh halving of MDX production
    • Announcement on joint mining activities with BULL BTC CLUB(BBC) on MDEX (BSC)
    • Announcement on MDEX launches USDT-margined perpetual trading feature
    • An announcement on the sixth halving of MDX production
    • Announcement on joint mining activities with Trias on MDEX (HECO)
    • Announcement on joint mining activities with AQUANEE on MDEX (BSC)
    • An announcement on the fifth halving of MDX production
    • Announcement on upgrading of cross-chain scope backed by iSwap on MDEX protocol
    • MDEX upgrades its cross-chain scope by integrating with the cross-chain protocol iSwap
    • Announcement on joint mining activities with Platofarm (MARK、PLATO) on MDEX (HECO)
    • Announcement on joint mining activities with CoinsPaid (CPD) on MDEX (BSC)
    • Announcement on 4th halving of MDX
    • Announcement on results of 4th round Farming by Voting Plan
    • Announcement on introduction of innovation zone and first batch of shirtlisted projects
    • Announcement on commencement of 4th round of Farming by Voting
    • Announcement on the list of Meta-Elephant NFT on Binance NFT Marketplace
    • Announcement on results of 3rd round Farming by Voting Plan
    • Announcement on commencement of 2nd round of Farming by Voting
    • Announcement on 2nd round of joint mining activities with Juggernaut on MDEX.COM (BSC)
    • 2000 Pieces of Meta-Elephant Mystery Boxes Grab on OpenMeta Primary Whitelist + Public Sale
    • MDEX 1 year anniversary: looking back, we never forget why we started
    • Announcement on joint mining activity with AVNRich (AVN) on MDEX (BSC)
    • Announcement on joint mining activity with WonderHero (WND) on MDEX (HECO)
    • Announcement on results of 2nd round Farming by Voting Plan
    • Announcement on the launch of OpenMeta, an NFT service platform incubated by the MDEX Foundation
    • Announcement on joint mining activities with Atlantis Loans on MDEX (BSC)
    • Announcement on commencement of 2nd round of Farming by Voting
    • The burning of the lock-up revenue of MDEX team
    • Announcement on joint mining activity with WonderHero (WND) on MDEX (HECO)
    • Announcement on results of first-round Farming by Voting Plan
    • MDEX will launch a new voting function to select projects with the highest potential
    • Announcement on joint mining activities with SPACE SIP on MDEX (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on joint mining activities with BabySwap (BABY) on MDEX (BSC)
    • Announcement on unlocking of assets before maturity for time deposit in boardroom
    • Announcement on joint mining activities with Torum (XTM)on MDEX (HECO)
    • Announcement on joint mining activities with GINZA NETWORK (GINZA) on MDEX (BSC)
    • Announcement on joint mining activities with Deap coin (DEP)on MDEX (BSC)
    • Announcement on the third halving of MDX and the adjustment of allocation of its transaction fee
    • Announcement on joint mining activities with MetaversePRO(META) on MDEX.COM (BSC)
    • Announcement on joint mining activities with Rici Elon (RICI) on MDEX (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on joint mining activities with BNB Hero (BNBH) on MDEX (BSC)
    • Support Plan for projects in META and GameFi sector from MDEX Foundation
    • Announcement on upgrade of referral program on MDEX
    • Announcement on joint mining activities with Juggernaut(JGN) on MDEX.COM (BSC)
    • Announcement on adjustment of MDX-PID farming pool in boardroom.
    • Announcement on addition of liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on mining activities between MDEX.COM and PIDAO Finance
    • Announcement on joint mining activities with Ariva on MDEX.COM (BSC)
    • Announcement on open of dual-mining Pool on MDEX
    • Announcement on new liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on new liquidity mining list and weightage adjustment on MDEX.COM (BSC)
    • Announcement on the optimization of the usage of lock-up incentives of the MDEX team in boardroom
    • MDEX.COM (BSC) will commence joint mining activities with KINE
    • Announcement on the launch of order book feature on MDEX
    • Announcement on upgrade of the repurchase and burn mechanism
    • Announcement on matters after the maturity of the lock-up positions in the boardroom on MDEX
    • Announcement on new liquidity mining activity & weightage adjustment on MDEX.COM (BSC)
    • Announcement on new liquidity mining activity on MDEX.COM (HECO)
    • Announcement on MDEX’s deployment on Ethereum Network
    • Announcement on destruction of staking profit for MDEX team
    • Announcement on MDEX.COM (BSC version) 's launch of new market function
    • MDEX reached a partnership with Alpaca Finance, a well-known lending app
    • Announcement of Community referendum on Community proposal on MDEX
    • The announcement that MDEX.COM is about to commence the community proposal
    • Announcement on the first-round election results of the director of MDEX.COM
    • Announcement on joint mining activities between MDEX.COM (HECO) & CONFLUX and new list for liquidity
    • Announcement on joint mining activities between MDEX.COM (BSC) & Binapet
    • Announcement on joint mining activities between MDEX.COM (BSC) & KALATA
    • Announcement on new liquidity mining list and weightage adjustment on MDEX.COM (HECO)
    • MDEX team decided to participant DAO directors' election
    • Announcement on joint mining activity between MDEX.COM (BSC) and X World Games
    • MDEX is about to launch the first round of the global director elections
    • Announcement on commence of collaboration between MDEX & MOBOX
    • Announcement on the launch of IMO ( phase 2) on MDEX.COM
    • Announcement on the launch of IMO ( phase 2) on MDEX.COM
    • Announcement on joint mining activity between MDEX.COM (BSC) and DeFi Warrior
    • MDEX Launches DAO Lock-in Vouchers
    • Announcement of MDEX.COM (HECO&BSC) liquidity mining weightage adjustment
    • Announcement on 2nd halving of MDX
    • Announcement on the launch of DAO governance page on MDEX.com
    • Announcement on the lock-up rewards destruction for MDEX team in September.
    • Announcement on joint mining activity between MDEX.COM (HECO) and NEXTYPE
    • Announcement on joint mining activity between MDEX.COM and Pancake Bunny & Qubit Finance
    • MDEX Foundation Releases $10 million Hunter Program to Help Ecological Projects
    • MDEX Referral Program Invitee Rewards Rules
    • MDEX Referral Program Rules
    • A review of MDEX performance at its half-year anniversary
    • MDEX supports the ETH hard fork upgrade
    • Announcement on destruction of MDEX team lock-up rewards and the schedule of DAO launching
    • MDEX.COM (HECO) is starting the joint mining activity with TUSD
    • MDEX.COM (BSC&HECO) Announcement on emendation of Boardroom award and liquidity mining list.
    • MDEX's 1st Video Creation Contest "Along with MDEX" successfully completed
    • MDEX.COM launches a new market function (Beta)
    • Announcement on launch of MDEX.COM Boardroom Lockup Function
    • Adjustments of MDEX.COM (BSC&HECO) joint mining and liquidity mining
    • MDEX.COM Boardroom dual mining launches and liquidity mining weights adjustment
    • MDEX (HECO & BSC) Announcement of emendation of rewards weightage for liquidity and trading mining
    • MDEX.COM(BSC) will soon start joint mining and add new pool for liquidity mining.
    • MDEX.COM (HECO) will soon start joint mining activity with O3
    • Adjustment of MDEX "Burning Black Hole" campaign
    • MDEX "Burning Black Hole" Campaign Re-launched
    • Announcement: Change of MDEX’s Official Twitter and Medium Accounts
    • MDEX.COM Adjusts the time of "Burning Black Hole"
    • MDEX will Optimize the “Burning Black Hole” and Reschedule Boardroom Dual Mining on Boardroom
    • Adjusting "Burning Black Hole" participation eligibility and rewards
    • Adjusting the Time for MDEX Burning Black Hole Campaign & Boardroom MDX Dual Mining
    • Notice on the Adjustment of Data Display and Dual-mining on Boardroom
    • MDEX.COM Completes It First Halving
    • MDEX's Updated Roadmap
    • Notice on Adjusting the Repurchase and Burn & Liquidity Mining on MDEX
    • MDEX.COM (BSC) Announcement for Boardroom Reward Adjustment
    • MDEX.COM Announcement Adjustment of Repurchase and Burn
    • Announcement for MDEX.com is About to launch IMO
    • MDEX (HECO) Will Start Mining Activity with MXC
    • MDEX.COM (HECO & BSC) Announcement For New Added Liquidity Mining Pools And Weight Adjustmen
    • Newly Added Liquidity Mining Pools and New Pools on Boardroom
    • MDEX Officially Participates in the HECO Supernode Campaign
    • Newly Added Liquidity Mining Pools and New Pools on Boardroom
    • New Added Liquidity Mining Pools And Weight Adjustment: Doge, BNB, HT
    • New Liquidity Mining Pools: DOG/USDT
    • MDEX.COM (HECO) Announcement For New Added Trading Mining Pools And Weight Adjustment
    • MDEX.COM (HECO) Announcement For New Added Liquidity Mining Pools And Weight Adjustment
    • MDEX.COM (BSC) Announcement For New Added Liquidity Mining Pools And Boardroom Reward Adjustment
    • MDEX.COM (HECO) Announcement For New Added Liquidity Mining Pools And Weight Adjustment
    • MDEX.COM(BSC) Announcement For Adjustment of Liquidity Mining And Repurchase Start
    • MDEX.COM(BSC) Announcement For New Added Liquidity And Trading Mining Pools And Weight Adjustment
    • MDEX.COM(BSC Version) Announcement For New Added Liquidity And Trading Mining Pools
    • Announcement for MDEX.COM (BSC version) is about to open Boardroom
    • MDEX launch on BSC, airdroping millions of MDX
    • Announcement For Mdex.com(HECO version) New Liquidity Mining Pools And Weight Adjustment
    • MDEX.COM (HECO) Is Going Online in the Innovation Section and Will Start Its First Joint Mining with
    • MDEX.com is about to open FILDA/HUSD &LHB/USDT liquidity mining
    • MDEX & HECO Chinese New Year Airdrop Campaign
    • MDEX Boardroom will start ‘Stake MDX to earn HT' soon
    • Mdex.com Boardroom will be officially launched
    • February 2nd MDEX.COM mining pool weight adjustment announcement
  • FAQ
  • API
  • Activity
    • Share your feedback to win $2,000 in MDEX’s Birthday
    • The 2022 MDEX’s Most Outstanding Community Members Selection
    • New Year’s Bull Market Celebration Predict Price to Share 10,000 MDX
    • $10,000 Rewards of Airdrop Event for Perpetual Traders
    • 10,000 MDX Giveaway on Every Lucky Friday(2nd)
    • 10,000 MDX Giveaway on Every Lucky Friday
    • Celebrating the Launch of WON Complete Tasks & Get Worth $40,000 Rewards
    • Double Campaigns to Win 2500 PLATO Rewards (worth $20,000+)
    • Trade NFTs for free Visit OpenMeta now Enjoy limited-time offer
    • Win double gifts for everyone $20,000 in $SHEESHA as rewards
    • Design mascot for Christmas and New Year Welcome 2022 take away $3,000 in $MDX
    • Win double gifts for everyone $20,000 in $DEP + $2,000 in MDX
    • Win double gifts for everyone $30,000 in $XTM as rewards
    • Get ready for the $30,000 Thanksgivings of MDEX! 20% discount for MDX, ETH and BTC trading Experienc
    • Experience the order book function and share $10,000 in $MDX rewards!
    • KALATA trading competition starts! Win $30,000 in $KALA
    • Celebrating 1 Million Interactive Users, Feedback Insights to Win $3000 in $MDX
    • Mascot Stickers Design Contest 2000 MDX Rewards Waiting For You
    • MDEX is launching its second round of M-angel recruitment
    • Join the first MDEX Video Creation Contest to win 4500MDX rewards
    • Rabbit Trading Competition to Get $50,000 in $RABBIT Rewards
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FAQ

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Last updated 2 years ago

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1. Unable to view wallet assets, network latency, pending and relevant problems? Try to switch nodes.

Open your wallet, My--System Setting--Node Setting, and then change the node.

Access 1 in China:

Access 2 in China:

2.How to deal with problems such as transfer latency/delays, data display failures?

1) Huobi Wallet

Set the gas fee in advance on the [Transfer] page, and set the gas fee higher through the slider.

2) METAMASK

Use the expanded view of the plug-in to have a full-screen display, which is more stable;

Select "Accelerate" to increase gas limit and gas price.

3)TokenPocket

On the [Transfer] page, click on [Setting gas fee] to increase the gas limit and gas price to speed up the transaction.

If the transaction is delayed, refresh the page to make sure whether the page is updated in time.

If the delay happens to only one transaction, you can use the acceleration function or cancel function;

When Metamask has multiple transaction delays and cannot initiate a transaction, go to Set-- Advanced --Reset the account.

4. Why did the swap fail?

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.

5. Other issues like “approve” failure, withdrawal failure, etc.

You can try to increase the gas fee or try to switch nodes.

To switch Metamask nodes: setting--network--original BSC main network--RPC. To complete the process on mobile ends: settings-node settings.

6. Delays in receiving assets through the bridge

If the delay occurs, please try to change the node and check whether the wallet link works. And if the delay persists, please contact the MDEX team and provide the transaction hash to find the cause of the delay.

7. Imtoken mainnet switch

Under normal circumstances, the DAPP will automatically pop up and connect the corresponding mainnet. If the connection is unsuccessful, you can complete the switch by following the instructions: "My"-"Using Setting"-"Node Setting"-"ETHEREUM"-"Add Node"-"Custom", and then input the corresponding parameter of the mainnet. Click "Save".

8. Zero transaction fee

(1) In essence, the reward of transaction mining is a subsidy to users who have transaction needs. Compared to other decentralized exchanges that charge 0.3% transaction fees, transactions on mdex are almost for free.

(2) Transaction fees generated in trading token pairs will be directly reserved in the corresponding LP pools. Only when users create or withdraw liquidity will the transaction fee be transferred to the smart contract address as LPs.

9. Why is the HMDX supply on the BSC chain 1 billion? Users can see it through the contract address.

HMDX is a cross-chain token of MDX issued on BSC. It corresponds to the MDX on HECO. The volume of HMDX is equal to the MDX locked in the contract. After HMDX returns to HECO, it will be burned and the same amount of MDX on HECO will be unlocked. The total amount of HMDX is the same as the MDX on HECO, but as MDX output reduces ahead of schedule, the total amount of MDX on HECO is no more than 700 million.

10. What is the relationship between HMDX and MDX? Why isn't the swap ratio 1:1?

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.

11. Is the MDX on BSC and the MDX on HECO the same token?

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.

12. Does MDEX plan to introduce NFT and other contracts?

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.

13. For the same LP, why do the LPs of the Boardroom and those of the mining pool have different rates of return?

The liquidity mining pool rewards users by blocks, while the Boardroom LP gives transaction fee rewards. The sources of the rewards are different.

14. What is the repurchase mechanism after listing on BSC?

MDEX will inject the corresponding proportion of daily income into the repurchase fund pool. When the repurchase price (72-hour MDX average price) is triggered, the smart contract will automatically execute the repurchase and burn. Otherwise, it will continue to accumulate in the repurchase fund pool. Note: Repurchases from the marketplace prefer HMDX or MDX with a lower price.

15. Why does MDEX adjust the repurchase time from 9 seconds to 90 seconds?

Due to the recent congestion of the BSC network, MDEX adjusts the repurchase time and Gas fee setting, and optimizes the repurchase-burning scheme. None of these changes will affect the total amount of MDEX for repurchase and burning. The contract will continue to repurchase and burn according to the amount of MDEX in the repurchase pool.

16. Why does the address 0x2f7ac9436ba4b548f9582af91ca1ef02cd2f1f03 have 900 million hmdx?

About the cross-chain bridge and contract address of MDEX

1). Since the initial issuance, HMDX has been directly transferred to the cross-chain lock-up agent contract address. Users can check the token issuance and lock-up status through the following address:

HMDX contract address:

0xaee4164c1ee46ed0bbc34790f1a3d1fc87796668

Lock-up agent contract address:

0x2f7ac9436ba4B548f9582af91CA1Ef02cd2F1f03

2). About MDX cross-chain mechanism

When the MDX on HECO network is transferred to the LOCK contract and the lock is confirmed, the same amount of HMDX will be unlocked from the lock-up agent contract;

When the HMDX on BSC is transferred to the lock-up agent contract, the LOCK contract of the HECO network will be triggered to unlock the same amount of MDX. Users can view the LOCK contract on HECO through the following address:

0x020c15e7d08A8Ec7D35bCf3AC3CCbF0BBf2704e

17. Latency in receiving assets through the bridge

If the latency occurs, please try to change the node and check whether the wallet link is normal. And if the delay persists, please contact the MDEX team and provide the transaction hash to check the cause of the delay.

18. Is the annual MDX APY compounded?

No, the APY displayed on MDEX website is simple yield.

19. Problems related to incorrect MDX APY in the Boardroom (caused by not adding mining pool rewards).

MDEX repurchases MDX in the marketplace and distributes the MDX through the Boardroom. Therefore, the calculation of APY should be in real time, so there will be a price difference between the APY on display and the actual APY.

20. MDX wrongly sent to the contract address

All the tokens that were mistakenly transferred to the contract address cannot be recovered by the MDEX team. The contract does not allow any asset withdrawal.

21. How can the MDX price on BSC be lower than that on HECO, as the MDX amount on BSC is less than that on HECO?

Since the circulated MDX is produced by mining, MDEX does not reserve tokens, and therefore cannot accept MDX in a short time. We will adjust the amount of MDX in the Boardroom reward pool, the repurchase mechanism, and the way tokens are produced on different chains in the future. In this way, we aim to adjust the swap ratio on the two chains close to 1:1. At present, MDX is used on HECO and BSC, and the APY is quite different. Please invest your assets according to your risk preference.

21. Why is the repurchase suspended on BSC when MDX reaches the average price?

This is related to the insufficient repurchase amount. Specifically, only when a certain amount of repurchase assets is accumulated will it trigger the smart contract to start the burning. Since the amount to be repurchased depends on the system’s regular transfer into the contract, when the current repurchase intensity is greater than the asset transfer frequency, the repurchase will be suspended. As funds are accumulating in the pool, the problem will be gradually solved.

21. Transaction reward calculation

Total reward of the current pool: the sum of the MDX transaction mining rewards that have not been withdrawn since the listing;

Current transaction volume: the transaction volume whose mining rewards are not withdrawn

Weight: the proportion of transaction mining output

Calculation formula: the transaction volume that the user have not withdrawn / the total transaction volume that has not been withdrawn * remaining token rewards in the pool

23. Transaction mining APY

(transaction volume of the user / the total transaction volume of the pool) * pool share x total output of the day * Mdex price / (transaction fee * user transaction volume)

24. User's transaction reward

The transaction volume that the user have not collected / the total transaction volume that has not been collected * the remaining MDX rewards of trading pairs

25. Liquidity mining APR

The staking of the user/total staking*Daily MDX output*MDX price*365*100%

26. Liquidity mining APY

APY = (1+APR/365/100, 365)^*100

27. Boardroom Reward Pool

APY: The user's staking/TVL * reward of the day *100%*365

Number of reward tokens that users can get: (user's staking/TVL * reward of the day)/Unit price of distributed tokens

28. Boardroom Repurchase Pool

If the real-time price of MDX is less than or equal to the average transaction price of MDX in the past 72 hours, the smart contract will execute the repurchase of MDX worth $1,000 every 9s for burning. When the real-time price is higher than the above price, the repurchase and burn will be suspended.

29. Distribution of transaction fees

Of the 0.3% transaction fees charged, 0.03% will be used for Boardroom rewards, 0.2% will be rewarded to LP providers, and 0.07% will be used to repurchase and burn MDX. MDEX will set up a "$15 million MDEX Ecological Fund", and will continue to increase investment in this ecological fund to support Ethereum, Huobi Ecological Chain, TRON, Binance Smart Chain, OKEx Public Chain, Tron More high-quality projects on public chains such as projects.

30. Do I need to pay a transaction fee when creating or withdrawing liquidity?

Transaction fees generated by trading token pairs will be directly reserved in the corresponding LP pools. Only when you create or withdraw liquidity will the transaction fee be injected to the smart contract in the form of LP.

31. Faster bsc nodes in China

1). If your transaction is still pending, please increase your Gas fee (now the average Gas fee has reached Gwei 9-10). You can refer to the fee charged in the latest transaction as a reference for the Gas fee to be paid.

2) . If you cannot send the transaction (you can't see any transaction confirmed), please change your RPC settings and initiate the transaction again. Currently, online stable RPC nodes can be viewed through https://bscproject.org/#/rpcserver

32.Lockup rules for boardroom

(1)Different lock-up terms

The Boardroom lockup function now supports flexible arrangements for the staking of MDX, i.e. with one click, users can complete the demand deposit or lockups with different terms such as 30 days, 90 days, 180 days, and 365 days in the Boardroom single-token staking pool.

(2) lock-up revenue

Users can choose different lock-up terms to get corresponding returns. Overall, the longer the lock-up period, the higher the yielding rates. That is, with the same amount of stakings, the lock-up income is more generous for longer lock-up periods.

(3)Can I withdraw earnings during the lock-up period?

The user cannot withdraw the principal during the lock-up period from the Boardroom, but can withdraw the lock-up proceeds at any time.

(4) Once the lock-up principal becomes due, it will be automatically turned into current lockup to generate revenue for users. That is, the unlocked assets can be withdrawn at any time; otherwise, the unclaimed principal will generate revenue in accordance with the weight of the demand deposit.

(5) After the lockup becomes due, the contract will automatically transfer the unclaimed proceeds to the user’s wallet address.

(6)Rules for calculating the coefficient of lock-up revenue weight

Basic weight coefficient: 1

For 90 days and below: for each additional day, the coefficient is increased by 0.01.

For 180 days: for each additional day, the coefficient is increased by 0.0125.

For 365 days: for each additional day, the coefficient is increased by 0.015.

Calculated weight coefficients for different cycles:

Demand lockup 1

30 days 1.3

90 days 1.9

180 days 3.25

365 days 6.475

(7) How to look up the original single-token staking pool of the boardroom

The lock-up was launched at 19th July 16:00 (UTC+8), after that, the MDX staking rewards of the boardroom were moved to the lock-up pool. Users in the lock-up pool can choose the lock-up term according to their own preference: current lockup, 30 days, 90 days, 180 days, 365 days.

33. How do I withdraw the MDX after Boardroom lockup expires?

Make sure you have a sufficient amount of lock-up vouchers (XMDX) in your wallet. Enter the Boardroom lock-up interface to unlock your tokens manually and after the unlocking, XMDX will be burned automatically. After that, users can withdraw their tokens.

34.Failed order-placing of Order Book

The order book of MDEX now has the automatic match-making function. If no one responds to the user’s limit order, the order will be automatically matched to trade with DEX, greatly enhancing the trading experience on Order Book. For failures caused by insufficient authorisation, it is recommended to cancel the order and place it again.

35.What are the rules of the repurchase and burn mechanism?

If the price ratio of MDX:XMDX ≥10, XMDX will be repurchased and burned.

If the price ratio of MDX:XMDX <10, MDX will be repurchased and burned.

The triggering condition keeps unchanged, that is, when the repurchase price (72-hour MDX average price) is triggered, the smart contract will automatically execute the repurchase and burn. Otherwise, it will continue to accumulate in the repurchase fund pool.

36. How can I get a higher commission rate for the invitation function?

By filling out an application from the invitation interface or increasing your MDX holdings. For the latter, the commission rate will automatically increase accordingly.

The number of MDX held and commision rate is as follows:

Number of MDX held

Commission rate

0 to 20000

15%

20000 to 60000

20%

60000 and above

25%

Website:

https://http-mainnet-node.huobichain.com
https://http-mainnet-node1.hecochain.com
https://http-mainnet.hecochain.com
https://bscscan.com/txsPending?&m=&p=6