$REX Token

Learn about the $REX token, its utility, staking rewards, and how it powers the Meme Dealer ecosystem

What is the $REX Token?

The $REX (REX•BLOCKCHAIN) rune token is the core utility token that powers the entire Meme Dealer ecosystem. As the platform’s main token, provides unique benefits and plays a central role in the platform’s reward distribution system. Buybacks from platform revenue, and daily staking rewards from EVERY token ever released on the platform.

The $REX token is not exclusive to the Meme Dealer platform, but the RuneX ecosystem as a whole. Find out more about RuneX at https://RuneX.Tech

$REX is the platform’s main token and serves as the backbone of Meme Dealer’s reward system.

Key Features of $REX

1. Enhanced Staking Rewards

When you stake $REX tokens, you gain access to multi-token rewards from across the entire platform:

• Cross-Platform Rewards: Receive rewards in multiple different tokens
• Penalty Redistribution: Benefit from early unstaking penalties paid by other users
• Daily Distributions: Automatic reward processing every 24 hours

2. Fee Revenue Sharing

$REX stakers receive a portion of platform fees via buybacks:

• Platform Fee Share: Percentage of all platform transaction fees (Minimum 25% of Meme Dealer revenue will go to REX buybacks)

How $REX Staking Works

Staking Process

1. Stake Your REX: Lock up REX tokens for 3 months
2. Receive Multi-Token Rewards: Get daily rewards from penalty redistributions
3. Benefit from Platform Growth: Share in platform fee revenue via buybacks

$REX staking follows the same 3-month lock period as other tokens, but provides enhanced reward opportunities.

Reward Distribution System

$REX stakers receive rewards from multiple sources:

1. Penalty Redistributions

When users unstake other tokens early, a portion of their penalties comes to $REX stakers:

• 20% of staking penalties from all tokens go to $REX stakers
• 25% of vesting penalties from all tokens go to $REX stakers
• Automatic distribution based on your $REX stake proportion

2. Platform Fee Revenue

$REX stakers receive a share of platform transaction fees:

• Proportional distribution based on staked amount
• Multiple token types from various platform activities
• Daily processing of accumulated fees

Daily Reward Calculation

Your daily $REX staking rewards are calculated as:

Your Daily Reward = (Your Staked REX / Total Staked REX) × Daily Reward Pool

Example:

• You stake: 1,000 $REX
• Total platform REX staked: 100,000 $REX
• Your share: 1% of all rewards
• If daily reward pool is 500 tokens, you receive 5 tokens

$REX Staking Benefits

Multi-Token Rewards

Unlike staking other tokens (which reward you in the same token), $REX staking provides:

Diversified Rewards: Receive rewards in multiple different tokens from across the platform. This means automatic exposure to nearly every meme launched on Meme Dealer.

Platform Growth Benefits: As more tokens are traded and staked, your reward potential increases

Penalty Capture: Benefit from the penalties paid by users who unstake early on any token

Enhanced Utility

$REX provides unique platform utilities:

• Fee Discounts: Reduced trading fees when holding $REX
• Priority Access: Early access to new token launches and features

Understanding $REX Rewards

Reward Sources

Your $REX staking rewards come from:

1. Cross-Platform Penalties:
   • 20% of all staking penalties platform-wide
   • 25% of all vesting penalties platform-wide
2. Platform Fees (Buybacks):
   • Transaction fees from swaps
   • Fees from token launches
   • Other platform revenue

Reward Processing

• Daily Distribution: Rewards processed automatically every 24 hours
• Proportional Sharing: Based on your percentage of total $REX staked
• Multi-Token Delivery: Receive rewards in various tokens
• Automatic Compounding: Rewards added directly to your balance - no claiming required

$REX staking rewards depend on platform activity. More users staking and trading means higher reward potential.

Getting Started with $REX Staking

Step 1: Acquire $REX Tokens

• Purchase Through Meme Dealer: You can swap BTC for $REX via Meme Dealer - this is the recommended approach
• Alt Secondary Markets: Purchase from other users on platforms like Magic Eden

Be careful for fake $REX tokens. The official $REX token has the on-chain Rune name of REX•BLOCKCHAIN and is Rune #987 - This well never change.

Step 2: Stake Your $REX

1. Navigate to your Holdings page
2. Find your $REX tokens
3. Click “Stake” and enter the amount
4. Confirm the 3-month staking period. Just like staking any other token on Meme Dealer there will be penalties if you unstake early. Always be thoughtful about your stakes.

Step 3: Start Earning

• Immediate Effect: Begin earning rewards from the next distribution cycle
• Daily Processing: Check your balance daily for new rewards on the Rewards page
• Compound Growth: Your rewards accumulate over time

Best Practices for $REX Staking

Stake for Full Periods: Avoid early unstaking penalties by planning your 3-month commitment carefully

Monitor Rewards: Check your daily rewards to understand platform activity and growth

Plan Your Stakes: Remember that $REX follows the same early unstaking penalty structure as other tokens

$REX vs Other Token Staking Within Meme Dealer

Feature	$REX Staking	Other Token Staking
Reward Type	Multi-token rewards	Same token rewards
Reward Sources	Platform-wide penalties + fees	Token-specific penalties
Fee Benefits	Platform fee sharing	No fee sharing

Frequently Asked Questions

Q: How is REX different from other tokens on the platform?

A: REX is the platform’s main utility token that provides cross-platform rewards, while other tokens are community-created meme tokens with their own DAOs.

Q: Can I unstake $REX early? A: Yes, but you’ll face the same penalty structure as other tokens (Up to 70% penalty depending on time remaining).

Q: How often are rewards distributed? A: $REX staking rewards are processed and distributed automatically every 24 hours.

Q: What happens if no one else is staking on the platform? A: Your rewards depend on platform activity. If few people are staking or unstaking early, the reward pool may be smaller.

Q: Can I stake $REX and other tokens at the same time? A: Yes! You can stake multiple different tokens simultaneously, each with their own 3-month periods and reward systems.