We’re excited to announce the upcoming launch of Buy & Lock, a new protocol-owned liquidity initiative designed to enhance and strengthen $IDEX’s on-chain presence.
Starting next week, this program will make a significant leap toward decentralization and accessibility by reinvesting 100% of protocol fees back into the ecosystem.
100% of protocol fees will be reinvested and locked:
50% to buy $IDEX tokens
50% paired with the purchased $IDEX and added to a Uniswap V2 liquidity pool on ETH L1
This brings $IDEX off of centralized order books and on-chain for enhanced access. As protocol volume grows, so does on-chain liquidity.
Uniswap V2 Pair: 0xFCFe058EFA0bE5BCcFdD45e2C079997935FE0A64
As always, stay tuned for more updates.
— The IDEX Team