🗝️Value Capture

1. Share Trading Fees

For every swap on MantaDEX, a fee is charged, which is then taken and distributed to liquidity providers. During the First-Mine-Reward Period, all of the 0.3% fee is distributed to liquidity providers.

Since the Full Launch Period, an additional 0.1% fee will be charged for trading, and these fees will be distributed to those who stake their MANDEX tokens.

1. Governance

MANDEX tokens can be used as a certificate for community members to participate in on-chain governance, as holding MANDEX grants governance rights in MantaDex.

During the first stage, the First-Mine-Reward Period, the Governance functionality is not available for use. It will only be accessible to community members during the Full Launch Period. This means that users will have to wait until the Full Launch Period to participate in the platform's governance and decision-making processes.

• Holding 6,000,000 MANDEX tokens grants the right to make proposals.

• At least 30% of circulating MANDEX holders need to vote to pass a proposal.

• For a proposal to pass, at least 50% of the voters need to vote in favor (Agree).

• There is a default 7-day voting period for proposals.

• There is a 2-day delay in execution after voting closes.