Dear Users,
MINAX Brand Asset Exchange is pleased to announce that DeRing (Code: DeRing) will be listed for trading on January 9, 2025, at 11:00 (UTC+8). DeRing is pioneering the integration of health management with Real World Assets (RWA), transforming individual health data into tradable digital assets and expanding the application boundaries of digital assets.
I. Listing Asset Information
- Asset Name: DeRing
- Asset Code: DeRing
- Total Supply: 90,000,000 units
- Initial Circulation: 4,500,000 units
- Initial Reference Price: 0.1 USDT
- Initial Valuation: 9,000,000 USD
II. Listing Trading Arrangements
- Listing Time: January 9, 2025, 11:00 (UTC+8)
- Supported Trading Pair: DeRing/USDT
- Trading Mode: 24/7 real-time trading, no price fluctuation limits
- Deposit & Withdrawal: Not yet supported; subject to further updates.
III. Brand Background and Highlights
DeRing is a leading health tech company combining innovative AI, blockchain, and smart hardware to help users improve their health conditions and reward healthy habits. We are committed to creating a global community focused on health, wellness, and cutting-edge technology through a Decentralized Physical Infrastructure Network (DePIN).
- Market Performance: Average monthly revenue of 5 million USD; projected annual revenue of 60 million USD.
IV. Asset Buyback and Lock/Unlock Mechanisms
Buyback Mechanism:
- The brand plans to distribute 10% of DeRing’s selling price in brand assets for each unit sold and allocate 15% of the selling price for market buybacks and destruction.
- All buyback and destruction details will be publicly disclosed on the blockchain to ensure transparency and facilitate investor supervision.
Lock and Unlock Mechanism:
- Initial circulation is 4.5 million units.
- The remaining 85.5 million units will be unlocked proportionally to the buyback amount.
V. Important Notes
- Risk Notice: The market involves risks, and investments require caution. Brand asset prices may fluctuate significantly due to market demand, brand promotion, macroeconomic factors, etc. Please understand the risks before investing and make informed decisions. MINAX only provides trading support and is not responsible for investment outcomes.
- Account Security: Please ensure account information security and complete identity verification to participate in trading smoothly.
Additional Information:
- The information in this announcement is for reference only and is subject to actual conditions.
- MINAX reserves the final interpretation right of this announcement.
- For any questions, please contact official customer support: support@minax.io.
Thank you for your support. MINAX is dedicated to driving innovation in asset branding and creating a win-win trading platform for brands and investors worldwide.
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MINAX Operations Team
January 4, 2025
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【Risk Warning】The market carries risks, and investments should be approached with caution. Brand asset prices may fluctuate significantly due to market changes, and investors may incur partial or total losses of their funds. Users should independently assess their financial situation and investment objectives before making decisions. As a trading platform, MINAX does not bear responsibility for users’ investment outcomes.