UpBots
  • 🥳Welcome to UpBots
  • 1. GETTING STARTED
    • 🤖What is UpBots?
    • 💭Who is UpBots For?
    • 💳MBXN Guide
      • MBXN Tokenomics
      • MBXN Contract
        • MBXN Contracts
      • Hold Program
      • SC Audit
    • 💵How to buy MBXN
      • Buy on DEX
        • Buy on PancakeSwap
        • Buy on Uniswap
      • Buy with credit card
    • 📱UpBots Mobile App
    • 🫂Referral System
      • Referral Terms & Conditions
  • 2. THE APP
    • 👾My Account
      • Create an account
      • Secure your account
    • 💰Portfolio Management
      • Connect a Centralized Exchange
      • DeFi Portfolio Tracker
        • Feature Explanation
    • 📊Algo Bots Rental
      • How it works?
      • Algo Bot Information & Analytics
      • Activate an Algo Bot
      • Activate a Future Algo Bot
      • Leverage
      • Check/Modify your Bots
      • Running Multiple Bots
      • Performance Fees
      • Algo Bot Access (MBXN Stakers)
      • Rent Your Algorithm
      • FAQ
    • 🖥️Create your Bot
    • 🚜Staking & Farming
      • How to add liquidity to MBXN-BUSD
      • Multilevel Staking (new)
      • How to Stake MBXN on UpBots
    • 📈Manual trade
      • 👶Manual Trade - Basic
    • 💰MBXN Wallet
  • 3.The Blockchain
    • 🦊Metamask
    • ⛓️MBXN Blockchain Networks
  • 4. Other
    • ✅Token Security
    • 📚Glossary
    • 📅Roadmap
    • ⚙️Changelog
    • 🌐Links
    • 🗣️Marketing Materials
    • ❓Q&A
  • Website
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  • What is MBXN used for?
  • 💡 More MBXN info

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  1. 1. GETTING STARTED

MBXN Guide

This section covers the fundamentals of MBXN, the UpBots platform utility token.

PreviousWho is UpBots For?NextMBXN Tokenomics

Last updated 10 months ago

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What is MBXN used for?

MBXN plays a central role in the operation of the UpBots platform and in creating a win-win ecosystem that rewards all participants for helping each other.

MBXN will primarily be used for subscription payments and performance fees between community members for the services they provide to each other such as training courses, Algo bot rental, copy trading and signal providing as well as other services available in the UpBots market place. Furthermore, MBXN is used to pay for performance fees, allows community members to rent their services and earn a percent of the profits when their clients win a trade.

MBXN also serves as a means of providing even more value to the community through holding a staking programs. This is achieved by creating staking pools and allocating a percentage of platform and performance fee profits to the pools. Over time this will develop into a more comprehensive hold program where MBXN holders can earn a host of additional benefits.

Core use case summary

  • Payments Platform subscriptions, signal provider subscriptions, training & other marketplace services are paid with MBXN .

  • Performance Social copy trading & bot algorithm rental. Works on a pay upon performance commission model. Indeed, in order to be fair to everyone, we think it is normal to pay fees only when you are in gain and always based on your capital. Thus, after allocating MBXN to a bot and connecting it to one of your accounts, MBXN will be deducted when you have made a gain. See the section about the performance fees for more information.

  • Referral Referrals earn MBXN for both the referrer and the referee, so members can invite their friends and earn MBXN .

  • Hold program Incentives for holding MBXN include free platform membership, higher referrals, free tools, and more.

  • Vehicle for platform reward programs.

💡 More MBXN info

💳
MBXN Tokenomics
MBXN Contracts
Hold Program
SC Audit