🪙Tokenomics

MercurX has its decentralized token economy. The MercurX Token (MERX) is the central token that facilitates the economic model of MercurX, which establishes:

• How tokens will be circulated (e.g., token distribution, allocations, re-distributions, etc.)

• The rights, incentives, mechanisms, governance, access and utilities of the platform

MercurX token economics establish a self-organized model, rewarding early adopters and providing long-term incentives, where we deploy various game theory models and design mechanisms to secure long-lasting sustainability.

As MercurX aims to provide a trusted bridge between businesses and consumers; MercurX Token will be available and utilized by all stakeholders through their journey on MercurX. To enable both the project owners and consumers to participate in listed IDO/ICO projects in a fair way and with a delicately defined allocation mechanism, MercurX Token will be used as the basis of this system.

Consumers (Token holders, Traders, etc.)

• Guaranteed allocation in MercurX Launchpad - Locking Mechanism at the beginning.

• Can buy tokens on both centralized(will be launched later) and decentralized exchanges.

• Can buy tokens from the platform directly.

• Can pay service fees with token.

• Can provide liquidity and earn rewards.

• Can earn increased referral rewards when holding tokens.

Stakers - 2nd Phase (TBD)

• Earn staking rewards.

Platform

• Can earn service fees.

• Can earn tokens from transaction fees.

• Can sell tokens to consumers.

• Can burn tokens to decrease supply and increase value.