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RugDoc Review
MMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. The MLP token can be minted/burned in exchange for an index of underlying assets that are used to create futures on the exchange. This set up is very similar to Gains Network. Token utility comes from using some of the fees of the protocol to buyback and burn MLP.
🚨 We recommend these kind of complex projects to pass reputable audits and KYC verifications as there is a risk of governance mishandling. Before investing, we also recommend users to conduct their own due diligence checks. The codebases tend to be large and complex with various risk vectors. We are classifying the whole Project as [Not Eligible]. 🚨
- ⚠️ Not KYC’d with RugDoc
- ⚠️ No reputable audits as of date
- ✅ Honeypot Check Passed
- ⚠️ Liquidity is not locked and can be dumped at any time. Please clarify with the project on liquidity locking or burning
- Current Total Supply: 20,093,569 (no hardcap)
- Payout Method: Dividend (% depends on protocol usage)
⚠️ Triple check the contract you interact matches the one reviewed here (0x0d5…8F8)
*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.
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Disclaimer: This is done with our best knowledge and effort, nothing can be known for certain – always DYOR and risk management. This is NOT financial advice. Use the information presented here to inform your own decisions. Referral links may be included on any outbound link.