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SDEXEX
SDEX Explorer Token (SDEXEX)
$0.0000144
0.00005 XLM
$0.000011
Low
$0.0000145
High
Market Cap
$283.4K
Volume Today
856 XLM
Trades Today
95
Trustlines
9507
Circulating Supply
19,616,636,589
Supply Status
Locked
SDEXEX is a utility asset created to incentivize SDEX Explorer users.
The tokens are used for placing advertisements on the website.
50,000,000,000 SDEXEX have been minted from the start, and the issuing account was locked so that no more tokens can be minted.
20,000,000,000 SDEXEX (40%) allocated to our team for developing and supporting SDEX Explorer.
30,000,000,000 SDEXEX (60%) allocated for distribution among our users. Check the Distribution tab for more information.
Every time someone pays for an advertisement on our website, those tokens are burned, which means the total supply will decrease over time.
A new asset will be created when all the tokens are burned (total supply reaches 0). There could be other situations when a new asset is required, but in that case, the decision of issuing a new token will lay on a public vote among our users.