Token Utility
WARNING: Protocol token not yet released, beware of SCAM
Increased revenue from deals
Traders can burn tokens on the platform and receive an increased profit % for arbitrage transactions (up to 60%) In order to get a 10% premium a trader must burn 100 tokens, this is the maximum possible value.
Example: If a trader burns 10 tokens, he will get 1% bonus
As a result of this burning, 80% of tokens are permanently gone from circulation and 20% are returned for provide liquidity to the pools
Priority
Tokens HOLD on the wallet increase the priority of the orders queue (In the case of several similar orders)
Liquidity
Each quarter, the protocol uses LMX of the proceeds to add tokens back as LP, this will reduce the volatility of the token and make it more liquid
Revenue
Tokenholder can lock the $LMX for a certain period of time to get arbLMX, which allows them right to receive a share of the profits on each network
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