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🪙 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.