According to BABYDOGE's tokenomics, 10% of each BABYDOGE on-chain transaction will be charged, of which 5% will be re-distributed to BABYDOGE holders, and 5% will be returned to the developers to be added to BABYDOGE's liquidity pool. Meanwhile, in order to cover the integration cost of the platform, MEXC will charge an additional 10% of the BABYDOGE on-chain transaction.
Therefore, the actual on-chain deposit amount to MEXC is 80% of your initial deposit amount.
The specific re-distribution plan for BABYDOGE holders on MEXC is as follows:
- MEXC will take snapshots of users' BABYDOGE asset holdings at a random time point each day, and distribute dividends based on each individual users' average BABYDOGE holdings across the snapshot period;
- The BABYDOGE dividends will be distributed on a weekly basis after Tuesday, for the previous week's worth of dividends for each user (the specific time of distribution can be found in the airdrop records: Assets > Deposit and Withdrawal History > Other records);
- The specific amount of BABYDOGE dividends will be based on the actual amount of BABYDOGE tokens received by the platform, MEXC does not charge any fees.
For more information regarding the listing, please refer to: MEXC Will List Babydoge (BABYDOGE) in Assessment Zone & Launch API Trading - Trade to Share 3,000 USDT Giveway!
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The MEXC Team,