About MixTrust-3rd Project of OKX Jumpstart Mining

 Digital Assets    |      2022-08-08

About 

MixTrust is a decentralized synthetic asset issuance protocol based on Ethereum, and provides a decentralized cross-chain trading platform for synthetic assets: seamless asset synthesis, decentralized cross-chain transactions, and cross-chain mortgage lending.

 

Overview

MixTrust is a decentralized synthetic asset issuance protocol based on Ethereum, and provides a decentralized cross-chain trading platform for synthetic assets: seamless asset synthesis, decentralized cross-chain transactions, and cross-chain mortgage lending. At present, users can use synthetic assets for liquidity mining to obtain benefits in the MXT’s product ecosystem.

MixTrust will build an open, distributed, and decentralized DeFi ecosystem, and coordinate diverse finance through the MXT DeFi ecosystem. To build an integrated financial ecological service platform based on public chains, distributed networks, smart contracts, Oracle networks, cross-chain protocols, and financial Dapps, to bring new value changes to the DeFi Field.

MixTrust will serve as an open DeFi underlying protocol network to support participants in different financial fields and blockchain developers to complete development assistance for different business systems, while providing open basic modules for different DeFi scenarios to meet the business needs.

NULS will be the first public chain to release a cross-chain DeFi platform based on the MXT protocol. The DeFi platform based on MXT will support the cross-chain collaborative interaction of different DeFi products.

 

 

Distribution and Lockup Duration

Category

Ratio

Strategic reserve deployment

20%

Founding team

15%

Marketing

30%

Technology development

15%

Ecological construction

20%

Unlocking mechanism:

Strategic reserve deployment: 20%, 5% will be unlocked upon launch, and the remaining will be unlocked in two years.

Founding team reserves: 15%, no lockup.

Marketing: 30%, no lockup.

Technology development: 15%, 7.5% will be unlocked upon launch, and the remaining will be unlocked in two years.

Ecological construction: 20%, 5% will be unlocked upon launch, and the remaining will be unlocked in two years.

 

Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.




A step-by-step guide to purchasing and selling crypto on OKX,


Step 1: Log in to your OKX account
Before you can start buying or selling cryptocurrency on OKX, you must first log in to your OKX account. If you do not yet have an account, click Sign up and complete the registration process.
Step 2: Select Buy/Sell
Once you have logged in to your OKX account, click Buy Crypto in the upper left-hand corner of the screen to get started.
Step 3: Select your purchasing method
The next step is to choose how you would like to buy or sell . There are two primary options on OKX: Express and P2P trade.



Finally, simply confirm your transaction details.


Sign up and log in with the App to claim your Mystery Box worth up to $10,000