Welcome to Coindecimal DMC Airdrop updates, in this guide we are going to teach you how to participate, and claim DMC Coin Airdrop, and also provide you with details about the project precisely.
What is DMEX (DMC)
DMEX (Decentralized Mining Exchange) is the world first decentralized mining power financial service platform. They convert mining power into NFT asset based on the Erc721 protocol to enable easy sale and transfer of the mining power.
DMEX develops innovative ways to convert mining power into NFT tokens and enable the sales and trading of those cloud mining power.
It also provides a variety of Defi options, such as follows:
- NFT backed loans
- Liquidity mining
- Behavioral mining
- NFT staked mining, etc.
While allowing miners to lock in the expected profits in advance, users can also actively participate in the mining activities and reap awards with confidence.
At the same time, as a decentralized platform, DMEX uses the DAO mechanism to make decisions over major events on the platform.
This can ensure that all platform participants can vote for governance, participate in platform governance on an equal and fair basis, and protect their right and interest from being infringed upon.
How Does DMEX Works
- Enter DMEX platform
- Purchase mining power with USDT
- Automatically receive a daily mining income from the mining power NFT in possession
- The purchased NFT can be transferred or assigned to Defi at any time.
How to Participate in the DMC Airdrop
To participate in the Decentralized Mining Exchange airdrop, head over to the DMC coin page on CoinMarketCap.
When you are there, scroll down to see the list of instructions for participating in the airdrop. The most important step is to login to your CoinMarketCap account, which you can do here.
Once you are logged in, follow the instructions on the coin details page or below.
- Add DMC to your CoinMarketCap watchlist: https://coinmarketcap.com/currencies/decentralized-mining-exchange/
- Join the DMEX Telegram group: https://t.me/DMEX_Chat
- Follow these accounts on Twitter: (a) https://twitter.com/DMEX_finance (b) https://twitter.com/CoinMarketCap
- Complete the retweeting task by retweeting the @DMEX’s pinned tweet
- Submit your HECO address (Compatible with Ethereum/ERC-20)
DMEX will verify the task completion status, select the lucky users, and airdrop $DMC to your nominated ERC20 address within seven business days of the end of this airdrop event (on or before 13 Aug).
DMC Tokenomics
The token issued by the DMEX platform is called DMC (Decentralized Mining Coin for short). As the equity token of the DMEX platform, DMC holders can participate in the future development and governance of the DMEX platform and share the success of the DMEX platform.
Token Information
- Name: DMC
- Total Issuance: 100 million
- Block Time: 3 seconds on average (based on Heco chain)
- Block Reward: 50DMC for every block
- Half Period: The reward will reduce by half every half calendar year
Conclusion
As the platform token for DMEX, DMC is an important tool for platform efficiency, not an investment product. Owning DMC does not mean granting it owner the ownership, control, and decision making power over DMEX.
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