MEexchange is a leading trading platform dedicated to providing safe and efficient digital asset trading services to global users. Through continuous innovation and technological upgrades, MEexchange offers a global digital asset trading experience while actively participating in the promotion and application of blockchain technology. To further solidify its position in the digital asset trading field, MEexchange has introduced the native asset Mainnet-SMT Token (MSMT). This new digital asset will serve as the core of the MEexchange system, offering users more opportunities to participate and benefit.
The launch of MSMT marks MEexchange’s deep commitment to the digital asset ecosystem, aiming to create an open, secure, and efficient trading platform. The full name of the MSMT asset is Mainnet-SMT, with a total supply of 20 million tokens and a mechanism that ensures no additional tokens will ever be issued. MSMT not only represents users’ rights on the MEexchange platform but will also play a crucial role within the SMT blockchain ecosystem. As the native token of the MEexchange platform, it signifies users’ digital rights within the MEexchange ecosystem.
MSMT has several functions, including:
– Transaction Fee Deduction: MSMT holders can choose to use their tokens to offset transaction fees on MEexchange, enjoying lower trading costs. This encourages users to hold MSMT and actively participate in trading on the MEexchange platform.
– Community Governance: MSMT holders have the right to participate in decision-making within the MEexchange ecosystem, including proposals, voting, and more. This will encourage community members to actively engage in MEexchange’s decisions, contributing to the platform’s growth.
– Ecosystem Development: MSMT will be used to support the development of the MEexchange ecosystem, including the incubation of ecosystem projects and partnerships. By exploring various application scenarios for MSMT, MEexchange aims to drive the multidimensional development of its ecosystem.
MSMT Allocation Model
– Trading Mining (60%): The initial distribution of MSMT will be conducted through a two-year halving mining process, accounting for 60% of the total supply. This will incentivize users to actively participate in trading activities on the MSMT platform, fostering the platform’s prosperity.
– Public Round (10%): The public round will account for 10% of the total supply and will be used to support the overall ecosystem’s early operations, driving the long-term development of the SMT ecosystem and enhancing overall value.
– Market Cap/Technology (10%): Market cap and technology development each account for 5% of the total supply. These funds will be used for the development of the SMT blockchain ecosystem, including iterative upgrades and operations.
– Foundation (20%): The foundation portion, accounting for 20%, will be used to maintain the operations of the global foundation and preserve the value of digital assets, promoting the long-term stable development of the SMT ecosystem.
The issuance of MSMT will further enhance user engagement on the MEexchange platform and drive the prosperity of the entire ecosystem. MSMT is not only the native asset of the SMT blockchain platform but also a key element of the entire ecosystem. Through MSMT, users will be able to participate in community governance, enjoy trading discounts, and actively contribute to the ecological development of the SMT blockchain, jointly driving the platform’s growth.
Currently, MEexchange has opened free registration for users to receive experience funds to explore contract/smart quantification sections, with more trading tools gradually being made available for users to experience! In the future, MSMT will introduce more innovative sections, bringing more convenience and opportunities to MEexchange users.
