Quomodo et ubi emere MUX Protocol ( MCB )

Quid est MCB ?

What Is MCDEX (MCB)?

MCDEX is a decentralized exchange (DEX) for futures built on the Ethereum layer-two scaling solution Arbitrum and Binance Smart Chain. According to the MCDEX team, it is designed to prioritize censorship resistance, security, and self-custody. Trading is permissionless, meaning anyone can trade, provide liquidity, or create new markets at will. Instead of using a traditional order book model, MCDEX uses an automated market maker to provide liquidity for traders. This allows MCDEX to solve the liquidity problem by allowing anyone to provide liquidity and make a reasonable profit doing so. The protocol’s declared goal is to allow anyone to create perpetual markets and trade in them, which is why there are several market participants on MCDEX: AMMs, operators, liquidity providers, traders, keepers and delegators.

Who Are the Founders of MCDEX?

MCDEX was launched by Liu Jie, who used to be a developer at Chinese tech giant Baidu. He developed a distributed system and created a distributed database called Doris and a mining software called Minerbabe, a management tool for GPU mining. He launched MCDEX in 2019 and a V2 version in 2020, which was plagued by liquidity issues. The current V3 version is the latest iteration and backed by several renowned investors like Delphi Digital, Alameda Research, and Multicoin Capital. In addition to raising $6M from institutional investors in 2021, MCDEX also raised $1M from its community.

What Makes MCDEX Unique?

The V3 version of the MCDEX perpetual futures product launched on BSC and Arbitrum and allows users to enjoy excellent liquidity while paying minuscule fees. Users can trade up to 500ETH or 40BTC without any slippage with up to 25X leverage on Arbitrum. Moreover, they enjoy all features of centralized exchanges, such as stop-loss and limit orders. Trading is only possible through automated market makers.

Another unique feature is the permissionless creation of markets. The role of creating markets and setting the initial parameters, such as the margin rate and AMM risk parameters is fulfilled by operators. Operators also need to pay for or provide oracle services. By creating markets, they can profit from trades by charging management fees.

Another role is that of liquidity providers, who can provide liquidity to the AMMs. Liquidity providers benefit from trading fees at a fixed ratio, profits from spread and slippage, funding payments paid by traders, and liquidation penalties. The AMM design of MCDEX minimizes the risk liquidity providers take on in several ways:

  1. LPs can receive funding payments.
  2. The spread between the best ask and the best bid payment can be increased.
  3. The AMM may change prices to incentivize traders to take a contrarian position.

The final roles in the ecosystem are keepers, who can take over accounts with insufficient margin and liquidate accounts that fall below the margin. Delegators can operate accounts but cannot withdraw from them. The goal of delegators is to separate hot and cold wallets and realize the custody of trading strategies.

Related Pages:

Check out dYdX (DYDX) — one of the most popular decentralized exchanges.

Check out Perpetual Protocol (PERP) — a decentralized exchange for trading futures.

Read our deep dive about decentralized liquidity pools.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many MCDEX (MCB) Coins Are There in Circulation?

The total supply of MCB is 10 million. The current circulating supply of MCB is 2.2 million. 10% of the total supply has been vested to the team, advisors, and investors according to the following split:

  • Dev Team: 484K
  • Advisors: 75K
  • Angel investor: 109K
  • Private token sale: 332K, Price 2.5USD/MCB

Daily MCB issuance depends on the protocol’s trading volume:

Daily Trading Volume: <= $8.7M - Daily MCB may be issued: 1,300, MCB for investors: 0

Daily Trading Volume: <= $10M - Daily MCB may be issued: 1,500, MCB for investors: 150

Daily Trading Volume: <= $40M - Daily MCB may be issued: 6,000, MCB for investors: 3,525

Daily Trading Volume: >= $46M - Daily MCB may be issued: 6,900, MCB for investors: 4,200

How Is the MCDEX Network Secured?

MCDEX has an ongoing bug bounty with Immunefi of up to $100,000. The protocol is DAO-governed and was audited by Quantstamp and Certik. After several months of testing, the MCDEX V3 was finally launched on Arbitrum and BSC. MCDEX is an ERC-20 token on Ethereum.

ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. Ethereum is one of the most popular blockchains for DAOs and is secured by a proof-of-stake consensus mechanism that requires miners to stake 32 ETH. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

Arbitrum is a popular layer-two solution that works with optimistic rollups. These rollups take the bulk of the computational workload off the Ethereum mainnet, at the expense of vastly increased withdrawal times.

Where Can You Buy MCDEX (MCB)?

MCB is available on FTX, BKEX, Uniswap (V3), PancakeSwap (V2) and LBank.

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MCB numerus cryptarum commutationum inscriptus est, dissimiles aliae crypto- currencies principales, cum fiats pecunia directe mercari non potest. Tamen facile adhuc potes hunc nummum emere primum Ethereum ab aliquo fiat-ad-crypto commutationum et postea transferre ad commutationem quod offert hoc nummum commercium, in hoc ductore articuli per singula vestigia ad emendum MCB te ambulabimus. .

Gradus I: Register fiat-ut-Crypto Exchange

Unum e maioribus cryptocurrencie emere debebis, hoc in casu, Ethereum ( ETH ). In hoc articulo te per singulas duas permutationes usitatis fiat-ad-crypto usitatarum ambulabimus, Uphold.com et Coinbase. Utraque commutatio suum feodum consilia et alia, quae singillatim pergamus, habent. Commendatur ut utrumque probes et unum quod tibi maxime decet instare.

uphold

Idoneam pro US negotiatoribus

Lego fiat-ad-Crypto Exchange pro details:

MCB

Cum unus ex popularibus et commodis fiat-ut-crypto commutationibus, Upholdo haec commoda habet:

  • Facile est emere et mercari inter multa bona, plus quam 50 et adhuc addere
  • Currently plus quam 7M users terrarum
  • Potes applicare ad DATUM card Uphold ubi bona crypto expendere potes in ratione tua sicut normale debitum card! (US modo sed erit in UK postea)
  • Facilis utendum est mobile app ubi aerarium ad ripam vel aliam altCoin commutationibus facile subtrahere possis
  • Nulla feoda occulta et aliqua alia ratione feodorum
  • Sunt limitata buy/vendere ordines pro provectis utentes
  • Deposita frequentissima pro Dollar Pretium Averaging (DCA) facile constituere potes si cryptos diu terminus tenere velis.
  • USDT, quae est una e popularibus USD solidorum stabilium subnixum (plerumque a crypto quae pecunia fiat a reali subnixa ut minus volatilia sunt et fere tractari possunt ut fiat pecunia cum peggedo) praesto est, hoc commodius est si altcoin quod vis emere tantum habet paria negotiatione USDT in altcoin commutatione ut per aliam monetam conversionem ire non debes dum altcoin emisti.
Ostendere Details Gradus
MCB

Typus inscriptionem tuum et preme 'Next'. Fac ut verum nomen tuum praebeas sicut UpHold opus erit pro ratione et identitate verificationis. Fortem tesseram elige ut ratio tua hackers vulnerari non possit.

MCB

Confirmatio recipies email. Aperi et preme in nexum intus. Tunc requiris ut validum numerum mobilem ad constituendum duos factores authenticas constituat (2FA), est extra tabulatum ad securitatem rationis tuae et valde commendatur ut hanc plumam inversam serves.

MCB

Sequere gradum proximum progredi ad verificationem identitatem tuam consummare. Hi gradus sunt aliquantulus arduum, praesertim cum exspectas rem emere sed sicut quaevis alia Instituta nummaria, UpHold regitur in plerisque regionibus sicut US, UK et EU. Hoc facere potes ut commercium-off utendo fideli suggestu ut primum cryptam emendi facias. Bonum nuntium est totum processum quem vocant Cognosce-Your-Customers (KYC) nunc plene automated et non plus quam XV minuta perficere debet.

Gradus II: Buy ETH cum fiat pecunia

MCB

Semel processum KYC peractum est. Rogaberis, ut rationem solutionis adiungas. Hic potes vel eligere fidem/debitum card vel uti translatione argentaria. Superioribus feodis onerari potes secundum fidem tuam in societate electronica et pretia volatilia cum chartis utentibus, sed etiam emptionis instantiam efficies. Cum translatio argentaria vilior sed tardior erit, secundum regionem commorationis tuae, aliquae nationes instantiam pecuniae depositum offerent cum humilibus mercedibus.

MCB

Nunc omnes positi sunt, in "Transact" sub "Ex" agro, elige tuum fiat monetam, et deinde "Ad" agrum elige Ethereum , preme praevisum ad tuam transactionem recensendam et preme confirma si omnia bona spectant. .. et congrats! Crypto primo emptionem modo fecisti.

Gradus III, Transfer ETH ad AltCoin Exchange

Sed non efficitur nisi. Oportet nos in MCB ETH . Sicut MCB nunc inscripta est in PancakeSwap docebimus te per quomodo ad tuam ETH in suggestu convertas. Secus alia centralised commutationum conversionis gradus paulo diversus erit in PancakeSwap cum sit commercium decentralized (DEX) quae te non requirit ut rationem subcriptio nec per quemvis processum KYC pertranseas, in DEX negotiando te requirit ut tuum disponas. clavem privatam proprium ad altcoin crumenam tuam, et suggeritur te extra curam scripti clavi privati privati, quia si claves tuas perdidisti, significat accessum ad nummos tuos in aeternum amittes et nulla subsidia adiuvabit ut bona tua recuperaas. a tergo. Etsi recte administratum est, securius est res tuas in pera privata condere quam in pera. Si adhuc incommoditas es cum DEX utendo adhuc modo, reprehendo si MCB praesto est in quavis alia traditione centralised commutationum in tab supra. Alioquin hos gradus diligenter sequamur.

Converte ETH in BNB in Biance

PancakeSwap DEX est similis Uniswap/Sushiswap, sed procurrit in Binance Smert Catenam (BSC), ubi omnia signa BEP-20 mercari poteris (obstantibus ERC-20 signis in stipite Ethereo); dissimilis Ethereum, valde mercedibus negotiationem minuit dum in suggestu negotiatur et nuper popularis fit. PancakeSwap aedificatur in foro factoris automated (AMM) systematis quae in liquido usore-fundato lacunis nititur et propterea perfecte operari potest sine ordine tradito ex commutationibus centralised.

In summa, sicut MCB signum est BEP-20 currendi in Binance Smart Catena, via celerrime emendi est tuum ETH ad Binance transferre (seu commercii in tabula infra pro negotiatoribus US inscripti), eam in BNB converte, deinde mitte ad vidulum tuum per Binance Smart Catenae et permuto tuum BNB pro MCB in PancakeSwap.

US mercatores debent considerare subscriptionem in commutationibus infrascriptis.

Cum de Binance vel commutationibus supra suggessisti, caput ad paginam pera et elige ETH et depositum deprime. Exemplar ETH inscriptionem et caput ad Sustentare retrahe, ETH huic inscriptioni subtrahe et exspecta eam ut pervenias, hoc debet accipere circa 15-30 minuta secundum usum retis ETH reticuli. Cum advenit, mercatum tuum ETH ad Coin binance (BNB).

Transfer BNB ad peram

Hic processus subtilissima pars subit, nunc opus est crumenam tuam creare ut utrumque BNB et MCB contineat, plures optiones peram tuam creandi sunt, optima optio est ut pera ferrata utatur, ut Leodegarius Nano S vel Ledger Nano X. Securae sunt ferramenta quae varias ordines securitatis ad bona tua tuenda praebent, tantum habes verba sementem in loco tuto recondere nec umquam eam online (id est sementem locutiones ad nubem operas/repono /email, et praeterea photographicam eius facere non potui). Si in crypto scaenae aliquantisper manere cogitas, valde commendatur ut peram ferrariam accipias.

Vel aliter crumenam tuam creare potes, MetaMask hic utemur in exemplo ut tibi ostendam quomodo crumenam erigas.

Add MetaMask extensio ad Chrome

Commendimus Google Chrome vel Fortis Pasco hic utens. Vade ad Chrome Web Store et quaere MetaMask, fac extensio a https://metamask.io pro salute oblatum et deprime Adde Chrome.

MetaMask

Perge cum "Incipias" et tunc deprime "peram creare" in proximo velamento, omnes instructiones in proximo screen legere ac deinde deprime "Agre"

MetaMask

Proxima tesseram securam elige ut crumenam MetaMask tuam obtineat, haec tessera clavis privatis vel seminis locutiones non est, tantum opus est hac tessera ad accessionem Chrome Extensio.

MetaMask

Hic subit tergum phrasis generationis gradum, in screen videbis indicem verborum temere apparentium post te deprime "verba secreta revela", scribe haec verba in chartam descende nec umquam eas in online, usquam serva. Pro extra securitatem potes etiam considerare capsulam Cryptosteel a Ledgero ad tuas locutiones secure et physice reponendas.

CryptoSteel Capsule Solo

Postquam verbum semen tuum conservasti, confirma in altero velo eas comprobando. Et factum es! Tips iterum legas ut tibi probe conscius sis quaestiones securitatis et omnia facta preme, nunc crumena tua parata est. Nunc preme in iconem MetaMask in vecte extensionis in navigatro et crumenam tuam cum tessera resera. Statera initialem tuam postea debes videre.

MetaMask

Nunc paratus es deponere tuum BNB ad crumenam, caput ad PancakeSwap, preme "Iungo" in summo et elige MetaMask.

PancakeSwap

Si hoc primum tempus tuum est coniungere cum MetaMask debes statim interrogari si vis addere Binance Smart Catenae retiacula ad MetaMask tuam, fac cum hoc passu procedere sicut magni momenti est quod fac tibi BNB mittis via recta ornatum. His additis reticulum, transibit ad retiaculum in MetaMask et BNB stateram tuam videre poteris in Vinculo Smert binance. Nunc inscriptio effingo ut clipboard strepitando propter nomen.

MetaMask

Nunc caput ad Binance vel utram commutatio emisti BNB. Perge ad peram BNB et selige recede, in inscriptione recipienti, crustulum electronicum proprium tuum et fac ut sit recta oratio, deinde in retis translationis, fac tibi Catenam Smert delegi Biance (BSC) seu BEP20 (BSC)

MetaMask

Click submittere et sequi verificationem vestigia postea. Postquam feliciter abscedentem BNB tuum crumenam tuam brevissime perveniat. Nunc emere paratus es MCB tandem!

Caput ad PancakeSwap, eligere Trade> Exchange in sinistra parte

PancakeSwap

Vides interfaciem simpliciorem relative hic cum basically tantum duos campos, a et ad, et magnum globulum dicentem vel "Iungo Wallet" vel "PerMUTO".

PancakeSwap

Click in Pera Iungo si ita iam non fecisti. Aliter videre poteris stateram tuam BNB hic in ab agro, intra quantitatem quam vis pro MCB et inde in agrum, elige MCB ex stillicidio, debita MCB moles statim monstrare debet. Cognoscere et deinde cum "VERTO". In proximo screen, rem denuo confirma strepitando Confirm Swap. Nunc MetaMask pop sursum petere debet et si vis permittere PancakeSwap ut tuum BNB expendere, preme Confirm. Exspecta confirmationem velum donec ostendit "Transactioni submissa", gratulationes! Tandem emisti MCB !! Post brevem dum libram tuam MCB in pera MetaMask videre poteris.

PancakeSwap

Ultimus gradus: Store MCB confidenter in hardware reticulis

Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Ledger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

Si cogites servare ("hodl" ut quidam dicant, basically misspelt "tenere" quae per tempus divulgari possunt) tuum MCB per longum tempus, explorare poteris vias custodiendi salvam, licet Binance una est. tutissimum erat cryptocurrency permutationis causa caesim incidentes et pecunia amissa sunt. Propter naturam viduli in commutationibus semper erunt online ("Hot Wallets" ut eos appellamus), idcirco quasdam aspectus vulnerabilitates exponunt. Tutissima via recondendi nummos tuos modernos semper mittet eos in typum "Cold Wallets", ubi crumenam tantum aditus erit ad stipitem (vel simpliciter "ire online") cum pecunias mittis, casus reducens. caesim euentus. Scrinium chartaceum typum est peram frigidae liberae, est plerumque par offline generatis inscriptionis publicae et privatae, et alicubi scriptam habebis et eam servabis. Sed non est diuturna et varia pericula suscipit.

Pera hardware hic est certus melior optione perarum frigidarum. Solent USB-enables machinis quae clavem informationes crumenae tui in more durabili reponunt. Exaedificantur securitati militari et firmware earum artifices perpetuo conservantur et sic tutissimae sunt. Ledger Nano S et Nano Ledger Nano X suntque populares optiones in hoc genere, hae crumenae constant circa $50 ad $100 secundum liniamenta quae offerunt. Si bona tua tenes hae vidulae bonae sunt collocandae in opinione nostra.

Frequenter Interrogata

Buy MCB pecunia?

Non est recta via ad emendum MCB pecunia. Sed mercatus uti potes ut LocalBitcoins ad primum emptionem ETH et reliquos gradus perficies transferendo ETH ad permutationes AltCoin respectivas.

LocalBitcoins pari permutatione cum BitCoin est. Mercatum est ubi utentes Bitcoins emere et vendere et ab invicem possunt. Utores, mercatores appellati, tabulas faciunt cum pretio et methodo solutionis offerre volunt. Ex ementes e regione quadam viciniae in contionibus eligere potes. est postquam totus bonus locus est ut Bitcoins emeret cum alias rationes tuas optatae solutionis invenire non potes. Pretia autem plerumque in hoc suggestu superiores sunt et debitam diligentiam tuam facere debes ne scammed questus.

Suntne aliquae viae velox ad emendum MCB in Europa?

Ita re vera, Europa una facillima loca ad emendum cryptos generatim est. Etiam in ripis online sunt quae rationem simpliciter aperire potes et pecuniam in commutationibus transferre sicut Coinbase et Sustine.

Suntne alia tabulata ad emendum MCB vel BitCoin cum promeritum pecto?

Ita. facillime est etiam suggestu uti ad BitCoin emendi cum promeritum pecto. Repente cryptocurrency commutatio est quae cryptam celeriter commutare sinit et eam cum card argentaria emite. Interfacies eius usoris facillime utendi et emptionis gradus es satis sui explicationis.

Plus in MUX Protocol fundamentis ac pretio hic current.

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