MDX Token Utility & Fee Schedule
Total and Circulating Supply - 400m MDX Tokens
MDX Token Contract: 0x947AEb02304391f8fbE5B25D7D98D649b57b1788
MDX token holders receive trading fee rebates per the tiered structure referenced here. Please note that the Mandala Exchange reserves the right to update the information listed below any time in the future at the team’s discretion.
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 users 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:
1. If the inviter’s daily average MDX account balance is less than 80,000 MDX and their base referral rate is 10%, they can choose to share 0%, 2.5% or 5% with invitees.
2. If the inviter’s daily average MDX account balance is 80,000 MDX or more, their base referral rate is increased to 20%, and they can choose to share 0%, 5%, or 10% with invitees.
Exotic Order Types
MDX Holders will be able to access advanced order types not available to the general public.
To be eligible for trading competitions, users will be required to hold various tiers of MDX depending on the prize package and at the sole discretion of Mandala Exchange Ltd.
To be eligible for certain giveaways or similar promotions, users will be required to hold various tiers of MDX at the time of the promotion. Tiered token holders will be allowed entry at the sole discretion of Mandala Exchange Ltd.
Listing Fee Requirement
Projects wishing to list their asset on the Mandala platform will be required to pay a % of their listing fee (if applicable) in MDX as well as maintain a balance in MDX via hot or cold wallet.
Futures/Margin Trading Fee Rebates
The Trading Rebate system also applies to Futures/Margin trading
Access to Trading Bot
Community may access trading bots in conjunction with the Mandala Exchange, provided they hold MDX tokens.
Social Trading and Leaderboards
In order to access the social trading features of the Mandala platform users will be required to hold a certain amount of MDX
Users will receive discounted fiat on-ramp processing fees based on their MDX holdings
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.