MINI XRP (MXRP)
  • MXRP
    • Introduction
      • Abstract
    • MXRP Seed Sale
    • MXRP Initial Dex Offering
    • MXRP DEX
      • MXRP Lending System
      • MXRP Staking System
      • MXRP Token Locking Mechanism
      • Token Swapping Functionality
        • Constant Product Automated Market Maker
      • Portfolio Management
    • MXRP Wallet
    • Liquidity Pools
    • DAO Development
      • DAO Treasury
    • Website Advancements
    • IDO Launch Pad (Token Creator, etc)
    • MXRP Development Reserve
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  1. MXRP

MXRP Initial Dex Offering

The MXRP DEX aims to raise $500,000 USDC through its Initial DEX Offering (IDO). During this event, 200,000 tokens will be available for purchase. The funds will be allocated to various critical areas to ensure the platform's success and sustainability. Below is a detailed breakdown of the fund allocation:

Total Funding Goal: $500,000 USDC

Primary Interface Development

  1. DEX Development (Primary Interface): $80,000 USDC

  2. Wallet Application Development (Primary Interface): $40,000 USDC

  3. Liquidity Pools (Primary Interface): $100,000 USDC

  4. DAO Development (Secondary Interface): $20,000 USDC

  5. DAO Treasury + 50,000 Tokens (Secondary Interface): $5,000 USDC

  6. Website Advancements (Secondary Interface): $25,000 USDC

  7. IDO Launch Pad (Token Creation, etc.) (Primary Interface): $150,000 USDC

  8. MXRP Development Reserve (Secondary Interface): $80,000 USDC

Allocation Categories

  • Primary Interface: Funds will be primarily used for these developments to ensure the core functionality and robustness of the MXRP DEX platform.

  • Secondary Interface: Any extra funds will be used to develop secondary advancements to enhance the platform further.

Summary

The MXRP Initial DEX Offering (IDO) fund allocation is strategically designed to ensure the development of essential features and functionalities while also setting aside resources for future enhancements. By prioritizing primary interface developments and allocating funds for secondary advancements, the MXRP DEX is well-positioned to deliver a secure, user-friendly, and highly functional decentralized exchange platform. With 200,000 tokens available during the IDO, participants have the opportunity to invest in a promising DeFi project and contribute to its growth and success.

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Last updated 10 months ago