Unlocking $EMDX Token Utility: Navigate Fee Discounts Across Holding Tiers

EMDX
3 min readMay 10, 2024

From May 23 at 00hs UTC, $EMDX tokens offer users a pathway to substantial trading fee discounts on our platform. This article outlines how by purchasing and holding EMDX tokens, traders can gain access to reduced fee structures, while also detailing the additional benefits of achieving higher trading volumes.

Fee Discount Structure 👐

Our fee discount model is designed to benefit both high-volume traders and dedicated token holders. Users can achieve various fee discount tiers either through scaling trading volumes or by increasing their EMDX token holdings.

Here is a concise overview of the available tiers and corresponding fee reductions:

How It Works

Traders can choose to scale their trading volume to ascend through the fee tiers or secure a fixed amount of $EMDX tokens to instantly qualify for the corresponding tier’s benefits.

This structure rewards both trading activity and loyalty to the EMDX ecosystem, providing flexibility in how benefits can be accessed.

This dual benefit enriches the user experience and enhances the utility of the EMDX token within our ecosystem.

Where to swap to $EMDX Tokens

$EMDX tokens are currently available on Trader Joe, accessible via both the Arbitrum and Avalanche networks, in a USDC/EMDX liquidity pool.

By following this link, you will be directed to the interface shown below. Simply select the USDC/EMDX token pair, and you’re ready to swap your USDC for $EMDX tokens.

When does this token utility feature begin?

We anticipate activating the fee discount based on token holding by approximately May 18th at 00 hs (give or take two days).
Stay tuned to our social media channels for the latest updates and confirmations.

$EMDX Token Staking

In the coming weeks, EMDX will launch staking programs designed to enhance the value of our tokens. Token holders will benefit from more than just fee discounts; they will also earn yields through token staking. This dual benefit enriches the overall value proposition for our users, promoting both savings and earnings.

Start trading now: 🔗app.emdx.io

Join us and start enjoying a more efficient and cost-effective trading environment! 💹

Stay tuned for further updates and enhancements to our platform, and thank you for being a part of our growing community.

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