Mandala has created a dynamic trading environment whereby the Mandala Token (MDX) functions to provide specialized trading capabilities, referral rewards, and trading rebates.
Total and circulating supply
Mandala Exchange users receive trading fee rebates by locking MDX on the platform. Details of the rebate program are listed in the table below.
In order to receive trading fee rebates or unlock platform enhancements, users must lock the required amount of MDX token in their Mandala Exchange wallet for a period of 30 days or greater.
After the 30-day locking period, users will receive their trading fee rebates via a credit to their Mandala Exchange wallet in the same currency in which the trading fees were originally collected.
Trading fee rebates will be paid on a rolling 30-day basis based on the user's locking period date.
Inviters can choose to share a portion of the commissions received from the trading fees of the friends they invite as a reward. Inviters can set the sharing rates as follows:
If the inviter’s daily average MDX account balance is less than 80,000 MDX and their base referral rate is 5%, they can choose to share 0% or 2.5% with invitees.
If the inviter’s daily average MDX account balance is 80,000 MDX or more, their base referral rate is increased to 10%, and they can choose to share 0% or 5% with invitees.
Everything described herein is subject to Mandala Exchange Ltd.’s Terms and Conditions.
Mandala Exchange Ltd. reserves the right, at its sole discretion, to change, modify, add, or remove portions of these Terms at any time by posting the amended Terms. Please check the Terms and Conditions on the Mandala Exchange website periodically for changes.