Mangata X is a community-owned exchange for experienced traders and experimental tokens. It serves as an innovation lab, fully embodying the spirit of Kusama: innovation, experimentation, and chaos. Mangata X will build bridges with Ethereum and other networks, and open channels to Parachains to host the latest experimental parachain and protocol tokens within the Kusama and Ethereum ecosystems.
$MGX is the native token of Mangata X. Its core functions include:
use in Proof of Liquidity;
algorithmic buy and burn;
governance, managing a diversified treasury and DEX-owned liquidity, liquidity incentives, and whitelist for liquidity certificates.