Morbex Introduction

bestearningtips (49)in #morbex • 3 years ago

Morbex Introduction

Morbex is a decentralized AMM protocol incorporating multi-strategy yield optimization. We use secure financial instruments and advanced gamification models to make banking engaging, transparent and accessible.

MORBEX FINANCE
Giving your savings the opportunity to grow.

Low fees
Why pay more? Morbex runs on Binance Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin.
Trading fees are lower than other top decentralized exchanges too, so that's a double win for you!

Decentralized
Trade directly from your wallet app.
Unlike centralized exchanges like Binance or Coinbase, Morbex doesn’t hold your funds when you trade: you have 100% ownership of your own crypto.

Earn BEX with Yield Farms
Stake LP tokens, earn BEX. You take on a little more exposure to market fluctuations than with the Staking Pools, but can earn higher APR to offset the risk.

Earn Trading Fees
No farm? No problem. Even if your trading pair isn’t supported on the Farms page, you can still earn trading fees when you stake your tokens in Liquidity Pools (LPs).

What is BEXFLIP?
When you stake your $BEX, you auto-magically receive $BEXFLIP that will be used as proof-of-stake.
With the $BEXFLIP received you are able to stake for rewards in the Staking Pool.

How can I stake BEX?
You can stake your BEX on the "Staking" page by clicking on the little "+" sign after approving the contract, choose the amount you want to stake and confirm.

What is the difference between staking and farming?
STAKING: In order to stake your $BEX you don't need anything else than... well... $BEX.
FARMING: In order to farm you need to provide liquidity to one of the pools on the farming page and then stake your LP tokens.
Both have their own advantages and disadvantages. Which one to choose is up to your strategy.

How do I farm?
In order to farm you first have to provide liquidity to one of the pools which you can find on the "Farm" page.
After providing liquidity and receiving your LP tokens then select the pool you joined from the "Farm" page, approve the contract and then click on the little "+" sign, choose the amount you want to stake and confirm.

What happens if I sell my BEXFLIP?
Please do not sell/exchange your $BEXFLIP.
If you sell your $BEXFLIP you won't be able to unstake your $BEX as you need the same amount of $BEXFLIP to do so.

Roadmap

Token Distribution

How do I connect my wallet to MORBEX?
In order to connect your wallet you have to click on the "Unlock Wallet" button on the top-right corner of the page. After that, look for the wallet you want to connect to MORBEX and click "connect". Approve the connection and you're good to go.

Ticker: BEX
Max Supply: 10,000,000 BEX
Chain: Binance Smart Chain (BEP-20)
Mining: 60%
IFO: 10%
Private Sale: 5%
Ecosystem: 10%
Team: 8%
Marketing: 5%
Lottery: 2%

3 years ago in #morbex by bestearningtips (49)

$0.00