AdEx Network Faces Crucial Community Vote on Decentralization

Share this article

AdEx will launch the project’s first community vote this month. Community members will decide on different ways to continue developing the protocol. 

AdEx is an advertising platform trying to solve advertising fraud and privacy issues.

One of the proposals asks the community how many ADX tokens the platform should create next year. A larger supply means a higher rate of interest. The largest supply is 150 million.

AdEx launched an incentivized staking program in September 2020. At that time, the protocol created 7 million new ADX tokens to distribute to bonded stakers. Users who staked at that time are earning anywhere from 120% to 400% returns.

Only users holding ADX-LOYALTY tokens can vote on the upcoming vote. ADX holders can stake tokens in the AdEx Loyalty Pool to earn voting rights.

This pool also offers passive income at 10% to 50% interest.

The protocol is enticing users to move their tokens off of exchanges and into the AdEx ecosystem. Users will earn rewards and control over the protocol’s future for doing so.

With users in control, AdEx is decentralizing its operations.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Source: Read Full Article