Decentralized exchanges have brought a significant breakthrough in bootstrapping liquidity

provision mechanisms. However, all known DEX economics models presently suffer from a

crippling affliction. There is a gross misalignment between the growth trajectory of these

decentralized exchanges, and the value capture mechanisms of their native token. This may

be the most significant open problem plaguing the entire DeFi ecosystem and threatening its

long term sustainability and even survival. In this paper, we present a new economics

structure and foundation that intends to solve this ecosystem wide problem.

xExchange is rearchitecting some of the key product elements to build a product that

significantly improves the value accrual mechanisms for MEX and xMEX tokens, including a

capped maximum supply for MEX tokens and a novel concept for xMEX tokens with wide

foundational implications: the Energy they hold.

MEX is the token powering the xExchange. It is required for the governance of the decentralized exchange platform, as fuel for the perpetual decision-making process that will maintain the xExchange ahead of the curve in terms of innovation, operational model, listing policies, and other actions aimed at creating a sustainable value cycle for its stakeholders. Furthermore, the MEX token is designed as a value capture mechanism and incentive vehicle that will allow the compelling attributes of the economical advancements it enables to scale with its adoption.

CHECK MORE INFO : https://coinmarketcap.com/currencies/xexchange/#About 

https://xexchange.com/x-exchange-economics.pdf 

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