BitMEX to Launch BMEX Token in 2022, Announces Airdrop
Major crypto derivates exchange BitMEX said it will launch its token, BMEX, in 2022, in two phases.
The first phase, an airdrop, “starts now,” the company said, adding that “from now until the end of March, you’ll be airdropped BMEX according to your trading volume.”
Meanwhile, the second phase, coinciding with the launch of BitMEX Spot in early Q2, will see BMEX become tradeable on BitMEX, they added.
“BMEX will have a maximum supply of 450 million tokens, vested over a period of up to 5 years. The large majority of BMEX will be spent to reward users and grow the BitMEX ecosystem. An allocation of 20% is reserved for BitMEX employees and another 25% for our long-term commitment to the token and ecosystem,” the company explained in its FAQ.
