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MEXC, a leading cryptocurrency exchange, has announced the addition of FRAG, a new and innovative crypto project, to its platform. Starting July 1, 2025, users will have the ability to trade FRAG/USDT in the exchange's Innovation Zone, with deposits already open. Withdrawals will be enabled from July 2, 2025. This move is part of MEXC's ongoing efforts to expand its lineup of cutting-edge crypto projects.
To enhance user experience, FRAG will also be available on MEXC Convert starting July 1 at 9:30 UTC. This feature allows users to instantly swap FRAG with other tokens at fixed rates, eliminating slippage, fees, and the need for order matching. This seamless integration is designed to make the trading process more efficient and user-friendly.
FRAG is designed to address some of the core challenges in the world of staking. Its primary goal is to simplify and standardize staking processes, ensuring fair reward distribution through Active Validation Services (AVS). This project aims to unlock more opportunities for users to earn passive income across different assets, making staking easier, smarter, and more flexible.
The total supply of FRAG tokens is 1,000,000,000, with a use case focused on staking infrastructure and optimized yield strategies. The token distribution is carefully allocated across five major segments to ensure balanced growth, development, and community involvement. The breakdown includes 30% for the ecosystem and community, 22% for investors, 15% for airdrops, 13% for the foundation, and 20% for core contributors. This allocation aims to support the project's long-term initiatives and reward early supporters and contributors.
FRAG is launching in MEXC’s Innovation Zone, a dedicated space for newly listed and cutting-edge crypto projects. While this provides early access to promising tokens, it also comes with high volatility, which investors should be aware of. Price swings can be sharp, especially in the early days of trading.
The arrival of FRAG on MEXC opens up fresh opportunities for users who want to explore the future of staking. With instant swaps and zero-fee conversions through MEXC Convert, the exchange is making it easier than ever to access and manage promising new tokens like FRAG. This development underscores MEXC's commitment to providing a diverse and innovative range of crypto assets to its users.
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