Article Summary, Automatically Generated By AI
Summary of Moox Protocol
- MOOX (v2) is a wrapper token that addresses issues with rebase mechanism and high sell fees in v1.
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New features in v2 include:
- Fully decentralized integrated lottery
- MOOX staking
- v2 retains tax-free liquidity providing and LP token staking features.
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MOOX (v1) holders can switch to v2 at a fixed ratio on
https://moox.one/swap
. - v1 will continue to function, and switching from v2 to v1 is also possible.
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Introducing Moox Protocol: Pioneering the Future of Decentralized Finance
MOOX (v2) has been meticulously crafted as a wrapper token, designed to surmount the limitations imposed by the rebase mechanism and the hardcoded, relatively high sell fee inherent in its predecessor.
Beyond addressing these issues, the ecosystem has been augmented with a fully decentralized integrated lottery and MOOX staking features. Furthermore, the tax-free liquidity provision and LP token staking features have been retained in V2.
MOOX (v1) holders can seamlessly transition to MOOX (v2) at https://moox.one/swap, with a predetermined conversion ratio. Notably, v1 will continue to function as usual, and, leveraging the genesis liquidity of v1, a reverse switch from v2 to v1 is also available.