Before we delf into what we know about MatrixETF, what do you understand by the term “TOKEN”?
A token refers to a virtual currency. These tokens represent fungible and tradable assets or utilities that reside on their own blockchain. These tokens are usually created, distributed, sold, and circulated through the standard initial coin offering (ICO) process, which involves a crowdfunding exercise to fund project development. Tokens can be used for investment purposes, to store value, or to make purchases. Tokens are created through an initial coin offering, which represents the cryptocurrency version of an initial public offering (IPO). Tokens are created by cryptocurrency companies that want to raise money. Investors who are interested in the company can purchase these tokens. Investors can use crypto tokens for any number of reasons. They can hold onto them to represent a stake in the cryptocurrency company or for an economic reason—to trade or make purchases of goods and services.
MatrixETF is the next generation of decentralized ETF platform that supports cross-chain. The token for MatrixETF is MDF. The key feature of this project is that it is managed by The Decentralized Autonomous Organization (DAO) called MatrixDAO. MatrixDAO launched several lead conceptual funds as a foundation for platform startup and then gradually transited to community autonomy to jointly determine the construction and implementation of ETF products. As a MDF holder, you can participate in community governance and make decisions of what kind of ETF products MatrixETF creates, as well as investment strategies.
Now the MDF token is deployed on the Ethereum and Solana network. It is cross-chain enabled, and the team is working tremendously to making it available for other networks. The maximum supply limit of the MDF token is 1,000,000,000 with 62.3% availability on Ethereum network and the remaining 37.7% availability on the Solana Network.
MDF UTILITIES
- Participate in DAO Community Governance.
- Staking mining
- Participate in liquidity mining.
- Addition of Ecological Value.
- Improve values by getting profits from different ETF portfolios.
- Buy ETF products.
MDF is made available for trading in
- Raydium
- Gate.io
- Mexc
- Uniswap
Conclusively, I advice you to stack up your bags with MDF tokens and enjoy the benefits in participating in the DAO Community Governance and also enjoy other benefits as an MDF Holder.
