The AP3X token has been listed on MEXC’s global cryptocurrency exchange, according to a statement from the Apex Fusion Foundation. On March 13, trading for the native Apex Fusion token begins on MEXC, where it is paired against USDT.
A rewards pool of around 2850,000 AP3X has been established to commemorate the AP3X token’s introduction on MEXC. Traders that commit MX tokens during the promotional time will get this. The listing is a component of MEXC’s web3 project showcase on Kickstarter.
The Kickstarter event will be open to MEXC users who have held at least 25 MX for a minimum of 24 hours. To ascertain the portion of the 2850,000 AP3X pool that is airdropped to qualified participants, the exchange will take snapshots of user balances.
As a multifunctional utility token with staking capabilities, the AP3X token fuels the Apex Fusion ecosystem. PRIME Chain, the specialized staking layer that serves as the basis for more extensive economic activity within Apex Fusion networks, is where the token is minted.
PRIME staking is already being used by more over 180 operators to help secure and decentralize the network. Holders of AP3X tokens may also take part in this process via liquid staking, where they can contribute to network security and get annual rewards of around 10%.
In order to pay network fees and provide governance across the blockchain networks that make up the Apex Fusion ecosystem, AP3X is used. Future Apex Fusion innovations, such as the introduction of NEXUS, an L2 for smart contract execution that is compatible with EMV, will also heavily rely on the token. Furthermore, VECTOR, a UTXO-based L2 for quick and inexpensive transactions, will be supported. Reactor Bridge, which facilitates smooth cross-chain transactions, is one of the other important milestones on the Apex Fusion roadmap.
The AP3X listing on MEXC will improve worldwide access to Apex Fusion’s native token and increase liquidity. Crypto users will find it simpler to get AP3X and use it to explore the expanding Apex Fusion ecosystem as a result.
Using state-of-the-art technology, Apex Fusion interconnects isolated UTXO and account-based networks to enable seamless asset transfer, development, and expansion across various yet compatible protocols, therefore unleashing the full potential of blockchain. The PRIME Chain, which is the foundation of Apex Fusion’s ecosystem, is run by a decentralized network of validators using the Ouroboros proof-of-stake consensus mechanism, which is known for becoming increasingly secure with scale.
