What is MDP
MBAex Digital Pass, or "MDP" for short, is an innovative digital asset issued on the MBAex platform. The current amount in circulation is 660 million units, featuring and utilizing the characteristics of blockchain assets technology.
MDP is an ERC 20 standard token based on the Ethereum blockchain.
Methods of Distribution
The MDP asset being issued consistently at the moment are slated at 660 million,based on the following distribution criteria:
1. EMIB : 330 million MDP;
2. MBAex keeps 300 million MDP is reserved for EMIB 's bonus.
3. 30 million MDP is reserved for distribution to the platform community contributors and charity events.
1.The leading free-flow fee reduction mechanism
The MBAex platform is proud to introduce the premier MBAex membership, as this allow MBAex members to enjoy value-added services such as fee reductions on unlimited trade transaction.
MDP(s) will be deducted as/for members’ fee. This utilized MDP(s) will be purged and recorded on the MDP's blockchain browser.
Example : (The fee will be adjusted according to the market needs.)
10 MDP every 30 days, 5% reduction of transaction fee in this account (no transaction number and amount limit)
20 MDP every 30 days, 10% reduction on transaction fee of thisaccount (no transaction number and amount limit)
30 MDP every 30 days, 20% reduction of transaction fee on this account (notransaction number and amount limit)
40 MDP every 30 days, 30% reduction in transaction fee for this account (notransaction number and amount limit)
60 MDP every 30 days, 50% reduction of transaction fee in this account (notransaction number and amount limit)
2. Enterprise-level Value-added Services:
MDP is utilized for payments on all value-added online services and online application of blockchain assets on MBAex’s platform.
3. Transaction “fuel” for decentralized blockchain exchange
The MBAex’s platform will revolutionize the future of decentralized blockchain exchange with the advent of MDP’s launch, as it will be the asset to“fuel” MBAEX's decentralized trading platform. You are required to utilize MDP to trade on MBAex.