Q1/ Are you forced to transition from LKMEX V1 to V2?
A: No, if you don't do it, you will just have the normal unlock schedule. And you will still get the benefits of the V2. You still get all the energy based on the average locking time.
If you don't convert your LKMEX to V2, you cannot speed up unlocking your LKMEX for a removal fee.
Also, you cannot add more energy to it if you don't convert it to V2.
- Capped Supply. Will be 0 in 8 years
- MEX will immediately be 3x less inflationary than Dex 1.0
- MEX will be the entry point to the entire DEX 2.0
- Fully transferable
- Buyable with On-Ramp
- Usable for payments in xPortal, xSpotlight, xMoney and soon more
- Top-up cards.
- Usable as liquidity in xExchange
- Bonus pack to those who convert it to LMEX
From which 760k are the last portion for the Team, being released on 4th of January 2023.
It is not yet known what the team will do once the vesting period is over, they can keep it there, transfer it to their wallet or do whatever they want, it's their hard earned income.