Thread by @AlphaInsiders

🚨 Primex’s Tokenomics Announced / 35% To Community

Primex Finance is a Multichain liquidity protocol for non-custodial margin trading / The just announced their coming token $PMX

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⭕️What Is the Primex Token $PMX
PMX is both a governance & utility token. In addition to enabling holders to vote on important matters related to the protocol’s future via the community governance process, it also serves as an incentive for different participants of the Primex

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PMX will be distributed across the following major categories: community, Treasury, team and advisors, strategic investors, and inflation.
The community category includes several subcategories: early community rewards, public sales, grants, private sales (Notaries), and more

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35% of the initial PMX supply will be allocated to different members of the Primex community
🔸Early Users who have been actively participating in the Primex ecosystem since the launch of the Alpha and Beta testnets.

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🔸Early Lenders who participate in liquidity mining and provide liquidity to Primex’s first Buckets.
🔸Early Traders who trade, especially with margin, on Primex.
they will announce the rules of this category’s token distribution at a later date.

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⭕️Mainnet Beta
In the Mainnet Beta stage, only a non-transferable version of the PMX token will be present in the ecosystem. Transfers will be allowed only to and from some protocol contracts (Treasury, Reserve, etc.)

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You might still have time as the team said people can still apply for the Early User program.
app.primex.finance
I will keep you posted.
More info
blog.primex.finance/introduction-t…
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