Listing: MESE.ioListing Date: September 28, 2020Pair: ARCC/MESXIssuer: IBMR.ioProtocol: Algorand ASACirculating Supply: 10,000,000 MESXMaximum Supply: 5,000,000,000 MESX https://algoexplorer.io/asset/438831
The World’s First Index Fund Exchange Token Powered by DeFi
MESX is an index exchange token that is supercharged by our community through DeFi. Your liquidity farming yields build the foundation and value of the token and every single trade on MESE.io brings 50% net trading revenue back to an ever growing MESX Index Pool. MESX is:● The index fund token of MESE.io giving exposure to the microequities on the exchange ● Hybrid DeFi model with an exchange token that gives revenue share through increased contributions to the Index fund's pool of assets while replenishing the MESX staking pool at the same time ● Backed by a pool of the listed tech stocks on MESE.io and ARCC, the Asia Reserve Currency Coin
The new token model combines both exchange token and DeFi token economics bringing increased liquidity which allows for a virtuous circle of revenue, staking and token value.
MESX as an Index ETF was issued with 10,000,000 (10M) tokens backed by $10,000 for an initial price of 0.001 USD per token.
For every $10,000 worth of new contribution, only 2,500,000 (2.5M) will be issued, creating an increasing scarcity model based on equity contribution exceeding newly issued circulation supply.
MESX's max supply is 5,000,000,000 (5B) tokens for circulation.
50% of Net Transaction Revenue on MESE.io is used to buy new contributions to the Index Pool.
Upon hitting the maximum supply cap, 5% of Net Transaction Revenue will continue to buy new contributions to the Index Pool indefinitely with no new issuance of supply.
MESX is paired with ARCC. Both MESX and ARCC can be simultaneously staked.
Every new contribution to the Index Pool also releases new supply. 10% of the new supply automatically goes towards replenishing the MESX staking pool!
Acts as the underlying assets for the Index Fund, which is composed of the assets listed on the MESE.io Microequity Stock Exchange, including ARCC.
New contributions of assets will always be selected from the assets listed on MESE.io. Any new type of asset for the Index Pool must be listed on MESE.io first as a microequity to be included.
The Index Pool acts as the 'Buyer of Last Resort' when the price of MESX falls below the valuation of the Index Pool (total holdings + rate of growth).
The ARCC in the Index Pool is used to buy back MESX from the market.
This decision will be made by the professional management team that also manages the IBMR.io Reserve. This function will transition to the IBMR Monetary Council.
MESX II and Onwards
The DeFi Index Exchange Token Model of MESX will form the basis for subsequent Index ETF's with MESX as a core component.
This will continue the virtuous circle of the Hybrid DeFi model allowing future new users to participate in wealth creation and revenue sharing while rewarding current users with continued gains.
TOKEN FUND FLOW EXAMPLE CALCULATION
MESX will have 25% of its initial supply available for staking rewards. i.e. 2,500,000 MESX Round 1 = +25% early adopter value
50% Net Transaction Revenue Share of MESE.io goes to the contribution of new equity purchases for the Index Pool.
Consequential for every new $10,000 in equity contribution, only 50% of supply of the value of the equity will be released. i.e. Supply is only increased by 50% of the equity value after the initial launch.
10% of all new supply goes to the MESX DeFi Staking pool.
EXAMPLE:Round 1, Launch: 10,000 USD Equity Pool7,500,000 MESX in circulation2,500,000 MESX in staking pool
Round 1, User Value:+25% of supply for staking rewards
Round 2, 1st Contribution20,000 USD Equity Pool (10,000 R1 + 10,000 R2) =5,000,000 MESX New Supply Released =+ 4,500,000 MESX into circulation+ 500,000 MESX into staking pool
Resulting in:15,000,000 MESX Total Circulation3,000,000 MESX Total Staking Pool
Round 2, User Value:+33% increase in equity value per MESX token+16.6% increase in staking pool
This Hybrid DeFi structure between an exchange token and DeFi liquidity provider mechanism increases liquidity to allow for a virtuous circle of revenue, staking and equity token value.
Sign Up & Register
Just by registering on MESE.io, you will receive the MESX microequity, which represents an index composition of all the microequity listed on MESE.io.
Buy Some ARCC
MESX can only be bought with ARCC as a trading pair. ARCC itself will be made available for free through ARCC.one when it launches in November 2020!
Both MESX and ARCC can be staked. The MESX/ARCC pair lets you accumulate value regardless of which token you are holding. Even as you trade between the pairs, you still gain value from being in either position!
Enter the DeFi
50% of the net transaction trading revenue goes to buying and increasing the MESX pool of equity! As the trading volume grows, so will the equity pool and the MESX staking pool. Unlike other tokens, the staking rewards will always be there!
USER & SERVICE RESTRICTIONSMESE.io is for financial inclusion and targeted for emerging and developing markets. The following markets are restricted from the use of this website, platform and services: USA and all USA jurisdictions including but not limited to: American Samoa, Guam, Northern Mariana Islands, and Puerto Rico. Restrictions also extend to any USA financially sanctioned jurisdictions, such as, but not limited to: the Balkans, Belarus, Burma, Cote D'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe.
IMPORTANTBefore using the services on this site, please refer to the Terms & Conditions. For avoidance of doubt, any microequity digital tokens on MESE.io are only a digital value representation based on the held listed equity shares by MESE.io and these microequity digital tokens are not fractional ownership and are not ownership and do not confer or give any ownership rights of any listed equity shares whose representative value has been tokenized as microequity token increments.