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What is MinePlex (plex)?
MinePlex (plex) is a CrossFi project on Ethereum that combines the stability and liquidity of traditional financial instruments with the security and transparency of blockchain technology.
The MinePlex blockchain is based on two tokens. The MINE token is non-volatile with a fixed value and gives access to the system's services. The PLEX token has a predictable price increase due to a mathematical algorithm. PLEX acts as a payment instrument and as an asset. The token pricing features solve one of the main problems of the crypto industry - currency volatility. Additionally, it creates an opportunity for users to receive a 20% monthly reward by staking MINE tokens. Rewards are awarded in PLEX tokens, which can be converted to USDT and the MINE token or sent to the exchange.
The decentralized MinePlex system is built on the multi-stage architecture of the Tezos blockchain, which allows for changes and updates without performing hard forks. The Liquid Proof-of-Stake (LPoS) algorithm implies ownership of MINE tokens. Unlike Delegated Proof-of-Stake (DPoS), the address itself is delegated, not the tokens. Thus, users always have access to their tokens and can use them at any time or change the delegate (Plexus Pool).
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What Is MinePlex?
MinePlex is a mobile crypto bank with its own blockchain and liquid token. It combines the stability and liquidity of traditional financial instruments with the security and transparency of blockchain technology. The MinePlex blockchain is based on 2 tokens - MINE and PLEX. MINE token provides access to the system's services, while PLEX token acts as a payment instrument and asset. Token pricing solves the issue of currency volatility and offers users an opportunity to earn rewards through staking. The decentralized MinePlex system is built on the Tezos blockchain.
Who Are the Founders of MinePlex?
The MinePlex team consists of over 50 experts in finance and the crypto industry. Vladislav Babitsky, the CTO, has extensive experience in IT and has successfully implemented numerous projects. Alexander Mamasidikov, the CMO, is an expert in crypto and digital marketing with a strong background in fintech and blockchain projects.
What Makes MinePlex Unique?
MinePlex aims to provide basic banking services for daily use of digital assets. The mobile application offers full-fledged banking services, crypto wallet, and crypto cards. The absence of offline offices saves time and costs, while the blockchain solution enhances security and user identification.
How Many PLEX Coins Are There in Circulation?
The total supply of PLEX tokens is 414,720,000. The token issuance occurs every block and is divided into 4 stages. MinePlex is built on the Tezos blockchain, which ensures the safety of the system through smart contracts developed in the Michelson language.
Where Can You Buy MinePlex (PLEX) Tokens?
PLEX tokens are listed on the regulated Estonian stock exchange STEX. The popular PLEX/USDT and PLEX/BTC trading pairs are available.
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