MatrixETF Price (MDF)

MatrixETF (MDF) Price Now

MatrixETF price today is $0.000807 with a 24-hour trading volume of $289.37. MDF price is up 11.31% in the last 24 hours. It has a max supply of 1000Mil.
In order to search for real-time and historical information about MatrixETF (MDF) blockchain, including data related to blocks, transactions, addresses, and more, you may use MatrixETF (MDF) block explorers. Here are some of the most popular and useful MatrixETF (MDF) blockchain explorers out there:

• etherscan.io
• ethplorer.io

What is MatrixETF(MDF)?

MDF is a functional utility token which will be used as the medium of exchange between participants on the MatrixETF platform in a decentralised manner.

MatrixETF is the next generation of decentralized ETF platform supporting cross chain.personalized and diversified cross chain ETF portfolio to lower the bar for ordinary users to access the cryptocurrency market, and help them obtain diversified strategic exposure through a logistically convenient process, so as to achieve long-term stability.

What can MDF be Used for?

MDF is the governance token of MatrixETF community, including the following usage scenarios and utilities:

• In order to promote decentralised community governance for the network, MDF would allow holders to create and vote on governance proposals to determine future features of the MatrixETF platform (the right to vote is restricted solely to voting on features of the MatrixETF platform; it does not entitle MDF holders to vote on the operation and management of the Company, its affiliates, or their assets or the disposition of such assets to token holders, or select the board of directors of these entities, or determine the development direction of these entities, does not constitute any equity interest in any of these entities or any collective investment scheme; the arrangement is not intended to be any form of joint venture or partnership).
• As the native platform currency, MDF may be used to buy ETF products/ETFs available on the MatrixETF platform.
• The MatrixETF platform itself is simply a blockchain protocol which, by design, does not offer any resources for utilisation, so to enhance access to MDF and promote ecosystem growth, users would need to be incentivised to play the role of liquidity providers and stake their digital assets into the decentralised market making pools to provide the necessary liquidity for transactions. As compensation for opportunity costs, these liquidity providers which help to promote adoption of the MatrixETF platform by staking or including assets to liquidity pools in exchange for LP tokens would be rewarded with MDF (i.e. 21 "mining" on the MatrixETF platform), according to each user's relative contribution after various adjustment and correction parameters.
• Usage mining: Users may receive MDF token incentives for a variety of actions of utilising MDF platform, for example creating their own ETFs or participate in ETFs.
• Usage of MDF to pay fees would entitle the holder to discounts on handling fees and other fees.

MDF Allocation

MDF is a token deployed on Ethereum and Solana blockchain network, and its maximum supply limit is 1,000,000,000 tokens.

• IDO (0.5%): initial issue in IDO. PE (6.25%): Unlock 10% before listing, and the remaining will be unlocked once a quarter, which will be completed within 1 year.
• PE+ (2%): Unlock 15% before listing, and the remaining will be unlocked once a quarter, which will be completed within 9 months.
• Team (15%): 20% will be unlocked after 6 months of listing, and the remaining 80% will be unlocked linearly over the next 24 months.
• Consultant (3%): 20% will be unlocked after 6 months of listing, and the remaining 80% will be unlocked linearly over the next 24 months.
• Liquidity pool (1%): to create DEX liquidity pool.
• Community ecosystem and operation (27.25%): including air-drop, community promotion, various activities or proposal awards, 6% of which are unlocked immediately after the listing, and 94% will be unlocked linearly in 4 years.
• Matrix Vault (45%): the spending on ecosystem development, maintenance and enhancement will be voted by Matrix DAO community, and unlocked within 4 years, including usage and liquidity mining rewards, ETF incentives, community activities, etc.

MatrixETF (MDF) Community

• Twitter: https://twitter.com/MatrixETF
• Medium: https://matrixetf.medium.com
• Telegram: https://t.me/MatrixETF

What is MatrixETF (MDF) Contracts address?

• Ethereum: 0x1a57367c6194199e5d9aea1ce027431682dfb411