Connect with us

Press Release

Mdex adopts a new IMO mechanism to launch Demeter: empower MDX to be the cradle of quality assets

Published

4 years ago

on

On September 13, Mdex launched the IMO for Demeter tokens and attracted over $350 million in participation.

At present, many projects on DApps are choosing to issue their initial tokens and establish liquidity in a decentralized way as it is more in line with the characteristics of the blockchain field. As a consequence, many blockchain entrepreneurs are looking for a launchpad that excels in issuing tokens and offering sufficient liquidity. This makes the competition for IDO functions enter a more refined stage: competitiveness and data playing the decisive factors.

Staking to earn new tokens: innovative IMO mechanism

IMO (Initial Mdex Offering) is an initial decentralized online exchange mechanism based on MDEX. The mechanism provides sufficient liquidity for projects while allowing users to participate more fairly.

By launching IMO under a new mechanism, MDEX not only finds more quality assets for users and but also empowers MDX. The first project under the innovative IMO mechanism is Demeter, a market protocol of decentralized cryptocurrency. DMT, the governance token of Demeter, is also issued through IMO with a liquidity pool created on Mdex.

The latest round of IMO on September 13 attracted 6,500 participants and raised a total of $350 million funds, on par with the achievements of Coinwind’s public offering in May. The highlight of this public offering is the rule of  “staking to earn new tokens” in the new IMO mechanism, with a total of over 1 billion MDXs participating in it.

The new mechanism allows users to participate in IMO with either MDX or xMDX, the Boardroom lock-in voucher. This rule frees up the liquidity of the MDXes locked in the board and provides all MDX holders with a fair opportunity to participate in the IMO. Lock-in voucher xMDX can receive different shares of tokens in the IMO, based on their different durations. Shares of tokens increase with the duration of the lock-in, i.e., the longer the lock-in period, the more tokens to be received for participating in the IMO.

For MDX holders, what’s even more exciting is that they are able to gain new tokens just by staking MDX, without losing their MDX or lock-in voucher xMDX positions.

Under the new IMO mechanism, participants can convert their lock-in profits into the platform tokens, which makes MDX “a gold shovel” for users. By exchanging the profits from lock-in revenue with new tokens, the platform introduces the compound interest method of investment, so that users can gain new opportunities with zero loss in their accounts.

Millions of active users: Mdex being “the first choice to launch projects”

IDO is a primary market which has always generated impressive yields. With the support of Mdex, however, it is even more valuable for investors to focus on IMO.

On May 25, Mdex conducted its first IMO, during which the Coinwind project attracted $380 million in participation, ending with a surprising number of 257 times the expectation. Meanwhile, 8,874 addresses participated in the IMO, with an exchange surpassing the expectation by over 25,726% and a token price increase by 500%, making it one of the most attractive projects. Such a heat and achievement made it impossible to even believe that it occurred right after the market crash on May 19.

After the launch of Mdex, it has quickly captured a large number of users, gathered super high liquidity, and became the headline DEX as well as the ideal IDO platform. Completing token issuance on Mdex not only ensures a large amount of active users of the platform, but also is an excellent publicity for the project itself, in terms of the promotion of its product and the building of its community.

User-friendly and community-oriented: Mdex being the cradle for high-quality assets

For entrepreneurs, Mdex is “the first choice for project launch”; in the eyes of investors, Mdex has an additional property of “the origin of multiple tokens”. Because of this expectation, Mdex has made the best professional judgment in project selection.

As the first project launched under the new IMO mechanism, Demeter is a protocol of decentralized lending and stablecoins based on Heco. It is now expected to become the MakerDao on HECO.

Demeter has introduced over-collateralization for lending. The innovation lies in that user’s credit limit will be generated according to their asset factor, which is based on their assets collateralized. The amount that users can borrow and mint stablecoins is restricted by the credit limit, so as to ensure the safety of the user’s property and that of the whole system.

Unlike traditional decentralized lending protocols, Demeter has optimized the interest rate model and collateral coefficient of its DeFi lending protocol. Demeter assets are more diversified, with the introduction of richer crypto asset types such as LP assets, collateral assets, NFT-fi assets, etc. This optimization breaks the restrictions of decentralized lending on collateral. As credit ratings have been conducted with these assets, the lending model between currencies is highly matched, while the algorithm of interest rate adjustment is more reasonable under the premise of ensuring security.

With the more diverse and secure lending service, DUSD, Demeter’s stablecoins demonstrate the same feature. Since DUSD is generated through multi-asset collaterals, it is much less risky and more stable than tokens generated based on single-asset collaterals.

Demeter has demonstrate its farsightness and practicality in innovatively breaking the ceiling of DeFi lending collateral asset, resisting the price volatility of decentralized stablecoins, and liquidation.

The new IMO mechanism brings fair opportunities to all MDX holders. The recently released Hunter program, which provides a total of $10 million to support quality projects, will further lift the competitiveness and attractiveness of Mdex in terms of IMOs. This will help build a new business ecology that covers more application scenarios and is deployed on more chains, providing global users with more convenient, high-performance, low cost and undifferentiated financial services.

Important Links – 

Official website link: Click Here

Alternative websites: Click Here and Click Here

Ann Channel: Click Here

Telegram Chinese: Click Here

Telegram English: Click Here

Telegram Russian: Click Here

Discord: Click Here

Twitter: Click Here

Medium: Click Here

Youtube: Click Here

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

StealthEX Now Offers 2,000+ Cryptocurrencies for Instant Exchange

Published

1 day ago

on

June 5, 2025

By

StealthEX has achieved a groundbreaking milestone in its mission to democratize crypto exchanges: the platform now supports instant exchanges between 2,000 cryptocurrencies. This exponential growth represents not just a numerical increase but a fundamental expansion of possibilities for crypto enthusiasts, traders, and investors worldwide.

In a crypto ecosystem where accessibility often determines success, StealthEX continues to eliminate barriers between users and the vast digital asset landscape. This latest expansion marks an increase in cryptocurrency selection, solidifying StealthEX’s position as one of the most comprehensive instant crypto exchange platforms.

The Expansion Explained: How StealthEX Has Transformed the Crypto Exchange Landscape

The journey to 2,000+ cryptocurrencies reflects StealthEX’s unwavering commitment to creating the most inclusive crypto exchange environment possible. This expansion opens doors to entire blockchain ecosystems previously difficult to access.

Through strategic partnerships with leading liquidity providers, StealthEX has integrated hundreds of additional tokens spanning DeFi innovations, metaverse projects, and emerging layer-1 protocols. Each addition undergoes a rigorous security assessment to maintain platform integrity.

Beyond direct exchanges, StealthEX offers a robust Crypto Exchange API, ideal for integration into wallets, blockchain ecosystems, and third-party projects. This powerful tool allows partners to access StealthEX’s extensive cryptocurrency selection and liquidity while maintaining their brand identity. Additionally, the platform provides comprehensive affiliate tools for businesses looking to generate revenue through crypto exchanges. These integration options extend the reach of StealthEX’s 2,000+ cryptocurrencies far beyond the main platform.

User Benefits: Unleashing Unlimited Possibilities

Having access to over 2,000 cryptocurrencies transforms how users can interact with the digital asset space:

  • Unmatched Portfolio Diversification: Spread investments across more assets than ever before, from blue-chip cryptocurrencies to emerging gems with explosive growth potential.
  • Early Access Advantage: Discover and acquire tokens from groundbreaking projects before they reach mainstream exchanges.
  • Cross-Ecosystem Trading: Move seamlessly between different blockchain ecosystems without the complexity of multiple exchange accounts.
  • Complete Investment Freedom: Implement sophisticated investment strategies that were previously impossible due to limited asset availability.

The ability to access this vast selection of crypto assets in one place creates unprecedented opportunities for traders and investors looking to optimize their digital asset strategies.

Market Context: Setting New Industry Standards

StealthEX’s expansion to 2,000+ cryptocurrencies places the platform at the forefront of the exchange industry. While many leading exchanges offer between 200 and 500 coins, StealthEX’s selection is approximately 4x larger than the industry average.

The increased diversity of available cryptocurrencies addresses a crucial need in the market: access to the long tail of crypto assets that often represent innovative technologies and use cases. Blockchain experts have frequently highlighted how fragmentation in accessibility creates barriers to adoption and limits the potential of interconnected crypto ecosystems.

The timing of this expansion is particularly significant as the market experiences increased interest in altcoins and sector-specific tokens. Recent market data indicates growing demand for access to a broader range of digital assets, particularly in specialized sectors like DeFi, gaming, and infrastructure tokens.

How to Access the Expanded Cryptocurrency Selection

Getting started with StealthEX’s expanded selection couldn’t be simpler:

1. Visit StealthEX.io or open the mobile app.

2. Select any of the 2,000+ cryptocurrencies from the drop-down menus.

3. Enter the amount to exchange and the recipient address.

4. Send the deposit to the generated address.

5. Receive the exchanged crypto—usually within minutes!

The full list of all available cryptocurrencies includes detailed information about each asset and current exchange rates.

Pioneering the Future of Crypto Exchange

This expansion to 2,000+ cryptocurrencies is just the beginning of StealthEX’s vision for a borderless crypto ecosystem. The company is committed to continuing its growth trajectory, with plans to integrate new blockchains, tokens, and features in the coming months.

“Breaking the 2,000 cryptocurrency barrier represents a pivotal moment in our mission to make the entire crypto universe accessible to everyone,” says Maria Carola, CEO of StealthEX “We’re building a future where users never have to worry about whether their preferred token is supported—if it exists in the crypto space, you’ll likely find it on StealthEX.”

Crypto enthusiasts are invited to experience the freedom of unlimited crypto exchange by visiting StealthEX today and exploring the expanded selection of 2,000+ cryptocurrencies!

Social Links:

Twitter: https://x.com/stealthex_io
Telegram: https://t.me/StealthEX

Continue Reading

Press Release

NinjaChess Launches Globally with $20,000 Prize Pool for Season Alpha — Sponsored by Spirex Exchange

Published

2 days ago

on

June 4, 2025

By

The future of chess launches today—with a ninja twist. NinjaChess, a first-of-its-kind play-and-earn chess game, is now live as a Telegram app, combining classic strategy, ninja powers, and crypto rewards. Backed by Spirex Centralized Exchange, the debut Season Alpha features a $20,000 prize pool, open to all players worldwide.

Reinventing Chess for the Web3 Generation

NinjaChess transforms traditional chess with ninja abilities like Stun, Trap, Invisibility, and more—turning every game into an unpredictable duel. Players can use AI-assisted moves, customize their ninja avatars, and earn cryptocurrency through competitive play.

No downloads needed. The game launches directly within Telegram, making it easier than ever to battle, climb the leaderboard, and earn crypto anywhere, anytime. Just open the app, challenge opponents, and let your strategy shine.

“NinjaChess is designed to be fast, fun, and rewarding—and launching on Telegram brings it right into players’ hands,” said the founding team. “With Spirex Exchange powering our crypto economy, the path is set for global chess domination.”


Season Alpha marks the beginning of NinjaChess’s ranked competition. The top players will share in a $20,000 prize pool, with new game modes and tournaments rolling out soon.

In Partnership with Spirex Exchange

As a leading centralized exchange, Spirex is the official sponsor of Season Alpha, supporting the infrastructure, economy, and vision behind NinjaChess’s blockchain integration.

What’s Next

  • PvP Money Matches – Wager tokens, winner takes all.
  • Tournaments – Multi-table battles with high-stakes rewards.
  • NFT Customization – Own and personalize your ninja.
  • Mobile Expansion – Deeper integration across devices.

About NinjaChess

NinjaChess is a turn-based, strategic game that integrates the timeless rules of chess with specialized “ninja powers” and blockchain-based rewards.

NinjaChess reimagines the classic game of chess by integrating specialized “ninja powers” and blockchain-based rewards. Players can expect a fresh and dynamic approach to the timeless strategy game, enhancing both casual and competitive play.

Visit –  Ninjachess.xyz
Join Telegram – https://t.me/ninjachessxyz

About SpireX

SpireX is a fast-growing cryptocurrency exchange offering over 300 tradeable currencies and some of the lowest fees on the market. 

Focused on providing a secure and reliable trading environment, SpireX continuously strives to add value for its users by listing top-tier projects, building new products, and launching exclusive reward campaigns.

https://www.spirex.io/
https://x.com/SpireX_Official
http://t.me/SpireX_Exchange

Continue Reading

Press Release

TradeSta Launches “Collateral Back” Campaign: 50% collateral back on First Liquidation for Traders

Published

2 weeks ago

on

May 21, 2025

By

TradeSta, the next-gen decentralized perpetuals trading platform built on Avalanche c-chain, is giving traders a second chance — literally.

Starting Tuesday 20th May 2025, the platform has launched its TradeStaCollateralBack campaign, offering a 50% refund on collateral (up to $25 USDC) for users who get liquidated on their first trade during the promotional period.

This bold new initiative is part of TradeSta’s mission to make high-leverage DeFi trading more accessible, transparent, and forgiving for newcomers and seasoned traders alike.

The campaign runs from Tuesday, May 20 through Tuesday, June 3, 2025 at 23:59 UTC.

“At TradeSta, we’re building more than just another DEX — we’re creating a trading experience that’s fast, fair, and actually puts the user first,” said Kieron Cartledge, Founder and CEO of TradeSta. “This campaign is our way of saying: it’s okay to take a swing — we’ve got your back if you miss.”

🔥 Here’s How It Works

Eligible users who open a position and get liquidated during the campaign will receive 50% of their collateral back, up to $25 USDC — no strings attached.

To qualify:

  • Minimum position size: $10 USDC
  • Minimum leverage: 10x
  • Must be the first loss from that wallet during the campaign
  • Refunds are processed in USDC on Avalanche C-Chain
  • Payouts sent within 72 working hours of liquidation

Whether you’re trading BTC, ETH, AVAX, gold, oil, or even RWAs, TradeSta gives you full control from start to finish. No KYC, no signups, just pure onchain execution — with lightning-fast trades, real-time pricing via Pyth Network.

✨ Why This Matters

Trading with leverage can be intimidating, especially for new users exploring DeFi for the first time. TradeSta’s campaign reduces the fear factor by offering a real incentive to test the waters — without getting burned.

“It’s not about encouraging risk,” Cartledge added. “It’s about rewarding participation and showing the community that DeFi doesn’t have to be cold, complex, or unforgiving.”

🚀 About TradeSta

TradeSta is a self-custodial perpetuals trading platform that allows users to trade crypto, commodities, FX, and real-world assets with up to 100x leverage — all without giving up control of their funds. Built on Avalanche & powered by Pyth Network, TradeSta combines DeFi values with CEX-like performance.

Start trading today at https://tradesta.io

Continue Reading

Trending