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0.01463584 USD
% Change
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Market Cap
131M USD
Volume
1.86M USD
Circulating Supply
9B
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SmarDex SDEX: New Buy Back & Burn Mechanism
SmarDex is expanding to multiple chains this week. A new “Buy Back & Burn” mechanism will be automatically enabled on all new chains. This mechanism will use a portion of the fee from each trade to purchase SDEX, which will then be sent to a dead address, effectively reducing the supply of SDEX and making it deflationary.
A migration module will be available on the SmarDex website for the Ethereum network, allowing LPs to easily migrate their LP-tokens to new campaigns. The same applies to staking. Further official updates are expected.
Event date: July 2023 UTC
SmarDex.io
@realsmardex
@realsmardex
🔔Major Announcement🔔
this week, SmarDex goes multichain! 🌐🚀
A new 'Buy Back & Burn' mechanism will now be auto-enabled on all new chains. 🔥💹
Every trade will auto-use a fraction of the fee to buy $SDEX, sending them to a dead address, forever reducing supply. 👻💸
So, $SDEX turns deflationary! 💰📉
To mark the occasion, new farming campaigns will launch on $ARB, $MATIC, and $BNB. We're also redeploying farming campaigns on Ethereum to sync with the new mechanism. 🌾🚜
On our site, you'll find a migration module for the Ethereum network, letting LPs easily migrate their LP-tokens to new campaigns. Same goes for staking. 💻🔄
Keep an eye out for further official updates. 👀📢
this week, SmarDex goes multichain! 🌐🚀
A new 'Buy Back & Burn' mechanism will now be auto-enabled on all new chains. 🔥💹
Every trade will auto-use a fraction of the fee to buy $SDEX, sending them to a dead address, forever reducing supply. 👻💸
So, $SDEX turns deflationary! 💰📉
To mark the occasion, new farming campaigns will launch on $ARB, $MATIC, and $BNB. We're also redeploying farming campaigns on Ethereum to sync with the new mechanism. 🌾🚜
On our site, you'll find a migration module for the Ethereum network, letting LPs easily migrate their LP-tokens to new campaigns. Same goes for staking. 💻🔄
Keep an eye out for further official updates. 👀📢
SDEX Price Changes After Event Publication
2.10%
1 day
6.96%
2 days
58.65%
Now (Added 1 year ago)
The event is about to begin
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Added by
Leisan
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