Zug, Switzerland — The Apex Fusion Foundation announced that the AP3X token was listed on MEXC’s global crypto exchange. Trading for the native Apex Fusion token opened on March 13 at 13:00 UTC, where it is paired against USDT.
To mark the launch of the AP3X token on MEXC, a rewards pool of more than 2,850,000 AP3X has been created. This pool will be allocated to traders who commit MX tokens during the promotional period. The listing is part of MEXC’s Kickstarter program, which spotlights emerging web3 projects.
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MEXC users who held a minimum of 25 MX for at least 24 hours by March 13 are eligible for the Kickstarter event. The exchange will take snapshots of user balances to determine the share of the 2,850,000 AP3X pool that will be airdropped to eligible participants.
AP3X: Powering Apex Fusion and Staking Rewards
The AP3X token powers the Apex Fusion ecosystem and operates as a multi-purpose utility token that includes staking. The token is minted on PRIME Chain, the dedicated staking layer that provides a foundation for broader economic activity across Apex Fusion networks.
More than 180 operators are already participating in PRIME staking to help secure and decentralize the network. Through liquid staking, AP3X token holders can also participate in this process and earn annual rewards of around 10% for contributing to network security.
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AP3X: Network Utility and Future Developments
AP3X is used to cover network fees and facilitate governance across the blockchain networks that comprise the Apex Fusion ecosystem. The token will also play a key role in future Apex Fusion developments, which include the launch of NEXUS, an EMV-compatible L2 for executing smart contracts.
In addition, it will support VECTOR which will serve as a UTXO-based L2 for fast and low-cost transactions. Other major key deliverables on the Apex Fusion roadmap include Reactor Bridge for seamless cross-chain transactions.
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The listing of AP3X on MEXC will deepen liquidity and enhance global access to Apex Fusion’s native token. In the process, it will make it easier for crypto users to acquire AP3X and use it to explore the growing Apex Fusion ecosystem.
About Apex Fusion
Apex Fusion interconnects isolated UTXO and account-based networks through cutting edge technology to unlock blockchain's full potential by enabling effortless asset transfer, development, and growth across diverse yet unified protocols. At the core of Apex Fusion's ecosystem lies PRIME Chain, maintained by a decentralized network of validators employing the Ouroboros proof-of-stake consensus protocol, renowned for becoming more secure as it scales.
