MasterDEX Rolls Out Most Awaited Airdrop for $MDEX Tokens

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MasterDEX Rolls Out Most Awaited Airdrop for
MDEX Tokens
In a landmark move, MasterDEX has unveiled its
much-anticipated "First Loyalty Package",marking
its inaugural airdrop designed to foster
community cohesion and reward its
dedicatedmembers. This program is meticulously
tailored for the LCX Community, with holders of
LCXtokens being on the receiving end of MDEX
tokens. MDEX is destined to serve as
thequintessential ecosystem utility token,
pivotal to the operations of MasterDEX. An
initialminting of 300 million MDEX is set at
genesis, with a structured release over a 5-year
timeline.A notable 51 of the total tokens,
translating to 153,000,000MDEX (153 million
MDEX),are allocated for the community's
benefit. The First Loyalty Package is allocated
17 of the totalsupply, amounting to a
substantial 51,000,000MDEX tokens (51 million
MDEX).
The eligibility criteria for this exclusive
Loyalty Package are clear and concise. LCX token
holders, as of 10th October 2023, are earmarked
to benefit from this airdrop. The holdings can
bein a non-custodial wallet or directly on the
LCX platform, which is also spearheading
thedistribution of MDEX tokens to all eligible
LCX token holders.
As per the official announcement, the
distribution of MDEX tokens is slated for 12th
December2023. On this milestone date, the
Community Allocation will be available for claim,
in line withthe vesting schedules attributed to
each allocation. MasterDEX's ambition transcends
meredistribution it is eyeing a synchronized
listing of MDEX on a variety of centralized
anddecentralized exchanges on the distribution
day. This initiative is in concert with
severalecosystem partners and market makers to
ensure a seamless listing on multiple trading
venuesimmediately following the distribution.
The distribution mechanism is orchestrated to be
conducted on-chain, wherein all eligible
LCXtoken holders will receive MDEX tokens as
rewards on a pro-rata basis, in harmony with
thetoken economics.
Heres a delineation of how to qualify and claim
your MDEX tokens
? Eligibility Retain LCX tokens on or before
10/10/2023 in a non-custodial wallet or on the
LCX platform. It's crucial to note that
currently, other centralized platforms
like Coinbase and Kraken are not supporting this
Airdrop, although dialogues are ongoing
to secure their support.
? Claiming MDEX Tokens
? For LCX token holders on the LCX platform On
12/12/2023, MDEX tokens will automatically
materialize in your main wallet, with no further
actions required.
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? For LCX token holders at Non-Custodial
Wallets Users are necessitated to visit the
claim page at MasterDEX.xyz on or after
12/12/2023 to receive their MDEX tokens
on-chain, pro-rata in alignment with the token
economics.
To mitigate the risk of scams or phishing
endeavors, holders are urged to ensure they are
connecting their wallets exclusively to
https//masterdex.xyz/ and to remain vigilant
against anyfraudulent or cloned websites.
Additionally, MasterDEX has engineered an MDEX
airdrop calculator to illuminate the amountof
MDEX tokens one would receive. For instance,
holding 0.1 of LCX tokens (950,000 LCX)would
entitle you to 51,000MDEX. Further details about
the Airdrop are expounded here.
This airdrop exemplifies MasterDEX's unwavering
commitment to cultivating a robust
community and reciprocating the early supporters
and believers of the LCX and MasterDEX
ecosystem. With the imminent distribution and
listing of MDEX tokens, MasterDEX is
decisively laying down a robust groundwork for
its forthcoming ventures in the DeFi landscape.
Telegram https//t.me/masterdex_xyz
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