MEX Unlocker

Contract to swap LKMEX into MEX tokens for a fee. You should be holding your LKMEX, but if circumstances change, you can swap it out for MEX here.

Tokenomics

LKMEX was designed to enable long-term holding and reduce MEX sell pressure on the Maiar DEX. While LKMEX can be used for providing liquidity, it cannot be swapped for other assets on the DEX. This is great for the exchange, however individuals may find themselves in a situation where they need to swap LKMEX for MEX to get liquidity.

Reasons why individuals may need to swap:

• DEX Strategy: You overestimated your LKMEX/MEX ratio in your strategy. Now you have too much LKMEX and you need to re-balance it to keep your strategy's ratio

• Cash Out: You had grand plans of holding, but now you want to buy a house or you had a baby and need those funds. It's like cashing out a CD early; you may take a hit on what you could earn long-term, but you'll have instant access to your money.

• Volatility: The short-term price is too volatile and you would like to swap into a more stable coin.

• Trading: You see short-term opportunities for trading and need liquidity now.

Isn't this bad for MEX token?

We are firm believers in both the short and long-term success of the Maiar DEX. We are in it for the long-haul and are willing to hold LKMEX for many years.

Any selling pressure on MEX created by this contract will be offset by us buying more MEX to provide liquidity to the contract.