As the value of MX continues to increase, MX holders, like Tesla stock holders, have received “stock” appreciation gains.
Holding MX is the same as holding stocks. Holders can enjoy a series of rights such as asset appreciation and voting to get a token listed. Specifically, MX holders can enjoy a 20% commission deduction when trading spots; voting and renewal of crypto assets can receive transaction fee rewards; participating in the lottery of SpaceM and M-Day activities qualification or bonus for the number of tickets; participating in MX DeFi staking and getting corresponding mining asset rewards.
The total supply of MX is 1 billion. Starting July 2019, the platform will buyback 100% of MX earned as trading fee and burn it every month. At present, about 390 million MX has been burned.
Since 2020, the MXC trading platform has conducted a total of 8 SpaceM and 16 M-Day events, and initiates vote to list, renewal voting, and MX DeFi mining activities every month. MX holders will have greater chance to win the asset lottery and win more staking rewards, as well as gaining rewards such as trading fee dividends.
At the same time, as the value of MX continues to increase, MX holders, like Tesla stock holders, have received “stock” appreciation gains.