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FEX tokens represent the dividend rights and interests of the FEX platform. The initial number of issuance is a constant 30 million pieces, and will never be issued. After issuance, 20% of the trading income generated by the platform will be used to repurchase FEX tokens on the market every quarter. Tokens will be destroyed and the number of tokens in circulation will never increase, making the value of FEX in the market higher.
In addition to the stable appreciation of FEX tokens, in order to increase its investment and use value, the FEX platform has innovatively added a lending function to the basic functions. There are FEX tokens in the user's account, you can apply independently, guaranteed by the FEX platform, you can loan other currencies of equivalent value to other users on the platform (only currencies that have been launched on the platform are supported), and the lender will charge part of the interest.
1. The team holds 10 million tokens, and some of the tokens held by the team have a lock-up period. 2 million tokens are released every year, and all are released in 5 years.
2. The FEX Foundation holds 7 million pieces.
3. 3 million pieces are the allotment share.
4. 10 million is the snap-up share.
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