MCDEX will launch Liquidity Mining on July 8th.

Earlier this week, we officially launched our decentralized perpetual contracts on Ethereum with an on-chain AMM/off-chain order book hybrid model. The most unique and innovative aspect of our ETH-PERP contract is the introduction of the AMM (Automated Market Maker), which generates the funding rate, provides on-chain liquidity, and ensures complete decentralization. The AMM acts as a money lego for smart contracts to trade with our on-chain perpetual contracts, enabling them to arbitrage, speculate, and manage their portfolios.

Thanks to our supportive community who give us feedback. We will continue to devote ourselves to our mission of making investing in DeFi more accessible. Now, it’s time for another milestone. We will enable liquidity mining on July 8th.

To put it simply, users can get MCB by providing liquidity to the AMM. Here are a few points to keep in mind:

  1. The total supply for this round: 410,000 MCB

For details, you can join our Telegram Group and follow MCDEX on Twitter.

Building MCDEX V3 (Decentralized Perpetual) | Trade #PerpetualContracts - #Permissionless #1000x Uni’s capital efficiency #Anyone can create any market

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