Phase 1: Status Overview
- Modulax Mainnet is live and operational
- Native $MDX token has been deployed on the Modulax L1 network
- No native DEX or Bridge yet (currently in development)
- Strategy: Launch ERC-20 mirror token on Ethereum to bootstrap early community, raise operational liquidity, and prepare for cross-chain utility
MDX Token Status Summary
Version | Network | Status | Purpose |
---|---|---|---|
MDX Native | Modulax Chain | Live | Primary asset for governance, rewards distribution, and onchain utility |
MDX ERC-20 | Ethereum | Launching Soon | For fundraising, community building, and airdrop qualification |
Step 1: Deploy $MDX on Ethereum (ERC-20)
- Objective: Create a fundraising and community outreach layer on Ethereum
-
Key Actions:
- Deploy a mirrored MDX token as ERC-20
- Provide fair launch access or LP event to raise ETH
- Lock or time-vest team tokens transparently
-
Benefits:
- Access to Ethereum user base and wallets
- Enables early adopters to participate
- Serves as a base for future bridging to Modulax
Step 2: Daily Airdrop to ERC-20 Holders
- Incentive mechanism to reward early supporters on Ethereum
- Eligibility: Must hold at least 0.5% of MDX ERC-20 total supply
- Daily Rewards:
ERC-20 Holding (%) | Daily Native Airdrop (MDX) |
---|---|
0.5% | 1,000 MDX |
1.0% | 2,000 MDX |
2.0% | 4,000 MDX |
- Duration: Continues until native DEX and Bridge go live
- Note: Rewards are distributed on the Modulax chain, not Ethereum
Phase 2: Launching the Core Modulax Ecosystem
1. Native DEX Deployment
- Build an onchain AMM-style or hybrid orderbook DEX
-
Initial trading pairs:
- MDX / USDC
- MDX / WETH
-
May include:
- Yield farming or liquidity mining
- LP position staking for boosted rewards
2. Bridge Implementation
- Build secure bridging between Ethereum and Modulax
- Technical options: Validator-based or light-client model
-
Functionality:
- Move ERC-20 MDX to Modulax seamlessly
- Allow bridging of USDC, ETH, and other stablecoins/assets
Enhancements (Under Evaluation)
MDX Staking Portal (Ethereum Side)
-
Allows ERC-20 holders to:
- Stake MDX and qualify for native airdrop
- Receive multipliers for longer staking durations
Airdrop Tracking Interface
-
Frontend UX for users to:
- Connect wallet
- Monitor daily airdrop accrual
- View reward claim status
- Subscribe to Telegram or Twitter alerts
Phase 3: Native-First Ecosystem
-
Transition campaign:
- Encourage ERC-20 holders to bridge to Modulax
- End airdrop campaign once native infrastructure is live
-
Deploy native utility modules:
- Governance DAO
- MDX-native staking
- Quantum Vault and launchpad access
Why This Blueprint Works
-
Aligned Incentives:
- Fundraising and airdrop mechanisms are tied to real holding behavior
-
Transparent Execution:
- Ethereum-side deployment allows tracking and open auditing
-
Bootstraps Community Before Tech Goes Live:
- No need to wait for DEX or bridge before building support
-
Reduces Sell Pressure:
- Airdrops tied to daily holding, not one-time snapshot farming
-
Smooth Cross-Chain Transition:
- Clear path from ERC-20 to Modulax-native economy
Summary Table: Execution Plan
Phase | Component | Status | Objective |
---|---|---|---|
1 | Mainnet | Live | Base infrastructure |
1 | MDX Native Token | Live | Onchain utility, rewards, and governance |
1 | MDX ERC-20 Token | Launching Soon | Fundraising and early support layer |
2 | Native DEX | In Development | Real trading activity and price market |
2 | Cross-Chain Bridge | In Development | Migration and capital flow |
3 | Governance Tools | After DEX | Full decentralization and proposals |
3 | Vault and Utility Modules | After DEX | Native staking and tools |
Conclusion
Modulax’s strategy is built on clarity, execution, and community-first incentives. The goal is not just to raise capital or generate short-term attention, but to establish a resilient infrastructure for the long term.
This is infrastructure built to scale into the quantum era.
Website: https://modulax.org
GitHub: https://github.com/Modulax-Labs
Telegram: https://t.me/modulaxofficial
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