Many have asked regarding the fees on Madmex Cronos. Our team has plans to do the buybacks soon, once eMLP is launched.
09 Feb 2023, 12:59
Many have asked regarding the fees on Madmex Cronos
Our team has plans to do the buybacks soon, once eMLP is launched.
Why? our team will be using the funds to buyback most of the assets in the basket of eMLP, meaning like, MMF, SVN so on and so forth.
This will help provide initial liquidity for eMLP so more users can trade these assets. This will solve the initial of potentially low liquidity.
Hope this provide clarity on some of the questions that you guys might have!