What can you do with $MFX?
The $MFX token has three principal utilities:
- Providing liquidity for rewards: 22.5% of the total supply will be allocated for this purpose.
- Rewarding users who lock their tokens in staking pools, reducing the circulating supply, and securing the ecosystem: 25% of the total supply will be allocated for this purpose.
- Buying & Burning tokens: the team will use 10% for that to sustain the positive token price growth over a longer time period
(The team is open to new token utilities as well. Implementing them is a part of the product roadmap.)