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What is Dexlab?
Dexlab is a platform that allows you to issue Solana-based tokens without coding. It utilizes the Serum Decentralized Exchange (DEX)'s central order book, enabling fast transactions, shared liquidity, and monetization features.
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What Is Dexlab (DXL)?
Dexlab is a platform that simplifies launching on Solana by providing a token minting lab, a launchpad, and a dedicated DEX for all listings. The platform operates on the Solana blockchain, known for its high scalability and low fees.
DXL is the native utility token used for:
- Processing transaction fees and data storage.
- Running validator nodes on the network through staking DXL tokens.
- Participating in governance votes to allocate network resources.
Dexlab tools include:
- A decentralized exchange for trading any listed asset.
- The 'LIST YOUR MARKET' feature, allowing market owners to list their market on our DEX.
- The 'LAUNCHPAD' for public token sales by projects utilizing Dexlab for IDO.
- The 'MINTING LAB' feature, enabling users to create and list SPL Tokens and NFTs.
- BOT support for traders utilizing our API.
How Many DXL Coins Are There in Circulation?
Dexlab launched its mainnet on July 31, 2021, with 1 billion DXL tokens created at genesis. The token distribution is as follows:
- 19.5% reserved for Mining Pool and Rewards.
- 15% allocated for Marketing and Community, with a 2-year lock-up period.
- 15% dedicated to Development Incentives, with a 3-month lock-up period.
- 10% allocated to the Liquidity Fund.
- 5.5% allocated to Strategic Investors, with 15% unlocked at TGE and 10% quarterly thereafter.
- 4% allocated to Seed Investors, with 15% unlocked at TGE and 10% quarterly thereafter.
- 15% reserved for the Ecosystem Reserve, with a 3-month lock-up period.
- 10% allocated to the Team, with a 1-year lock-up period.
- 4% allocated to the Advisory Board, with a 1-year lock-up period.
- 2% allocated to the IDO, with no lock-up period.
Where Can I Buy Dexlab Tokens (DXL)?
DXL tokens are available for trading on our platform, Dexlab. Our aim is to list DXL on various Serum-based exchanges, as well as major centralized exchanges.
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Popular Q&A
- In terms of market value, how does the stock of DXL compare to other digital currencies? Can DXL be considered a top-performing digital currency in terms of market value?2021-11-26
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- Can you explain the importance and meaning behind the DXL logo in the cryptocurrency industry? How does it contribute to the overall branding and recognition of the project?2021-11-26
- In what ways does the DXL logo symbolize the principles and objectives of the cryptocurrency community?2021-11-26