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Token Utility

Current Token Utility

  1. 1.
    Staking
    • Liquidity Mining Program on Dfyn Network
      • Users can stake currently stake their $MATRIX tokens in 3 different pools on Dfyn.
          • To participate in the Single Asset Pool, users will have to stake $MATRIX to get $MATRIX rewards.
          • For every token locked, you will get 0.3 $MATRIX tokens. Basically, for every $MATRIX token you stake, you’ll receive 0.3 $MATRIX as a reward in 6 months.
          • This pool will start on October 14th, 2021.
          • This pool will end in April 2022.
          • 60% APR
          • The pool staked and rewards accrued can be claimed linearly over the period of 6 months.
          • Ecosystem Pool #1 — $MATRIX / $ETH (Renewed)
            • This pool features the $MATRIX / $ETH pair.
            • Rewards for this pool will be $MATRIX tokens.
            • 10000 $MATRIX tokens per day will be given out as rewards
            Ecosystem Pool #2 — $MATRIX / $DFYN (Renewed)
            • This pool features the $MATRIX / $DFYN pair.
            • Rewards for this pool will be $DFYN tokens.
            • 1750 $DFYN tokens per day will be given out as rewards with a total amount of 52,500 $DFYN for the duration of the pool. (The rewards for this pool has changed)
  2. 2.
    Discount Fees
    • Currently, $MATRIX holders will receive a discount fee for trades made on Matrixswap.
  3. 3.
    Single-Sided Staking
    • Click here to participate in Single-Sided Staking - https://perp.matrix-labs.xyz/stake
    • MATRIX tokens will also be available to stake within our own platform allowing users to earn more tokens with an APR of 60% + rewards generated from trading
    • Stakers on our platform will also receive certain benefits such as trading discounts, exclusive access to future events, and more.