iMLX

Fixed-Term MLX Staking and IFO Allocations

What is iMLX?

iMLX will determine the maximum MLX commit limit in the MetapleSwap IFO public sales. For example, if you have 200 iMLX, you will be able to commit 200 MLX in any upcoming IFO public sales.

iMLX is NOT a new token, it is a numerical metric being used by the MetapleSwap IFO system.

How is iMLX calculated?

The number of iMLX you have is based on the number of MLX staked in the fixed-term MLX staking pool and the total staking duration of your current fixed-term staking position.

iMLX works based on a staking duration threshold for all iMLX users.

If your staking duration is above the threshold, the number of iMLX you have is equal to the number of the MLX in your staking position.

If your staking duration is below the threshold, the number of iMLX you have will be linear decreased and adjusted.

If your staking position is ended, the number of iMLX you have is 0.