Mdex is a composite DeFi ecosystem that integrates DEX, IMO, and DAO. There are many things that one can do in the ecosystem ranging from trading mining, conducting liquidity mining, using the wallet, fun repurchase, and more.

To trade mining, there is a mobile version and a PC version. It helps to go through the guide to understand DAO Governance rules, Fun repurchase, using the wallet, and a range of other stuff.

The noteworthy application scenarios are rewards to stake MDX to get rewards, repurchase and burn, and others.

Recently MDEX partnered with X World Games to launch the joint event of staking on the MDEX platform.

For clarity, X World Games is a decentralized gaming ecosystem built on the Binance Smart Chain and Ethereum. Players and creators can obtain the X World Games (XWG) Tokens through various innovative games. The first game launched on the platform is Dream Card, inspired by Pokemon TCG.

The partnership’s focus is to make non-crypto gamers engage in blockchain gaming and own NFT assets within the engaging environment. The staking event does the job of adjusting the weight of trading, staking, and liquidity to optimize profit and efficiency.

The staking event at MDEX is much awaited: Users can engage in staking $XWG/$BNB LP on the MDEX-Liquidity platform to rake in rich rewards in the form of $MDX tokens. This staking session lasts for 45 days.

The MDEX Protocol operates from Huobi Blockchain, which deploys AMM to fund Liquidity Pools. In addition, the partnership enables the MDEX platform to provide various incentive mechanisms to users, which will consist of LP pools, pairs, and listings.

The users of both platforms can access the unique option of Trading Mining. In addition, users can also win rewards through Trading Mining. The rewards can be used to engage in trading activities at MDEX. Thus, the liquidity of the platform will be boosted, increasing the number of trading options.

If you are new to MDEX, it helps to understand concepts like crypto Faucet, crypto debit cards, web 3.0, yield farming, and crypto farming.

It is important for new entrants to understand that crypto faucets are not getting rich soon schemes.  The simple the task, the less the reward. The purpose of crypto faucets is to give free cryptocurrencies to people so that they will learn about digital assets and invest in them.

Usually, users register on the crypto faucet by entering their details along with their wallet address. After solving a task on the website, the reward earned goes to a micro wallet. There are bitcoin faucets, Ethereum faucets, Litecoin faucets, Bitcoin Cash Faucets, Monero Faucets, and more.