📣 MEX Joins the MEMEX Upgrade Plan: Entering a New Track

MEX has officially joined the MEMEX ecosystem upgrade and will soon launch the development roadmap for the new platform token, MMX.

As part of this transition, the original MEX mechanism has been adjusted: 1️⃣ MEX minting has stopped 2️⃣ Lock-up periods have ended — users can now withdraw all remaining MEX immediately (with withdrawal gas fees reduced to the current ENI mainnet level).

From here, users have two clear paths forward:

1. Participate in the MMX Launch
2. Join the Buyback Programme

1. Participate in the MMX Launch

💎 Entry: https://daoaas.io/mex 🗓 Time: 1 Oct, 15:00 (SGT) — 7 Oct, 14:00 (SGT)

Exchange Rules:

• Based on the amount of EGAS consumed during MEX minting and withdrawals, users can cancel all minted MEX to obtain an equivalent MMX launch quota (denominated in USDT).
• The obtained MMX quota can then be used to participate in the MMX launch.
• All cancelled MEX will be burned.
• MMX LP will be locked for 30 days, then released linearly within 180 days after maturity.

💡 Important Tip: The amount of MEX required for redemption must match the total historical MEX minted by that address. If your balance is insufficient, you must make up the difference. (Note: MEX consumed as withdrawal fees in the past does not count toward this total.)

Example:

• User A total minted MEX: 1,000,000
• Total EGAS consumed in minting & withdrawal: 200 EGAS
• User A can obtain an MMX launch quota worth 200 USDT
• If User A has already sold 200,000 MEX and their current balance is 800,000 MEX, they must add 200,000 MEX to complete redemption.

2. Participate in the Buyback Programme

🗓 Time: Expected to begin after March 2026 📌 Rule: Users can cancel and burn all MEX to reclaim all EGAS consumed during minting.

📘 Tutorial: https://daoaas-1.gitbook.io/daoaas-docs/daoaas-docs-1/mmx-zone/mex-zone/tutorial-how-can-mex-users-use-mex-to-participate-in-the-mmx-launch

✨ With this upgrade, MEMEX is paving the way for a stronger, more sustainable ecosystem. Whether through the MMX launch or the buyback programme, MEX holders now have new opportunities to engage and benefit from the next stage of growth.