MuDEX
Decentralized Exchange for Music RWA
Overview
MuDEX (Music Decentralized Exchange) is a decentralized platform dedicated exclusively to trading and liquidity provision of music RWA (Rights-as-Assets) tokens registered through the BeatSwap Oracle.
It enables users to freely supply liquidity, trade copyright-backed assets, and participate in real-time royalty ecosystems.
Key Features
🎼 Exclusive Trading Assets
Only music RWA tokens recorded in the BeatSwap Oracle are eligible for trading.
All RWA tokens legally bind ownership with the underlying copyright.
💱 $BTX-Based Trading
All swap transactions and liquidity operations are executed exclusively in $BTX, BeatSwap’s native token.
⚖️ Automated Market Making (AMM) Pricing
MuDEX adopts an AMM (Automated Market Maker) model for price discovery.
Asset relationships in each liquidity pool follow: x × y = k, ensuring dynamic price adjustment based on supply and demand.
🧃 Liquidity Provision and LP Rewards
Anyone can supply liquidity by depositing RWA tokens and $BTX.
Liquidity providers (LPs) earn:
Swap fees proportional to their liquidity share.
Unstaked royalties generated by the RWA tokens in the pool.
🔎 Personalized Royalty Analytics for LP Holders
LP holders can access real-time royalty and usage data, filtered based on the RWA tokens underlying their LP tokens.
Enables individualized tracking of royalty performance by liquidity position.
Royalty access and analytics are based solely on LP holdings, independent of direct staking.
Trader Pathway to PoS Participation
Traders who purchase RWA tokens via MuDEX can subsequently access the RWA Launcher platform.
By completing KYC verification and registering the 'neighboring rights holder' Role in their Private Chain Credential,
they become eligible to participate in the PoS system.
Once enrolled, traders can stake their RWA tokens and begin earning daily royalties, the same as initial Launchpad participants.
This mechanism ensures open and ongoing entry points into the BeatSwap royalty economy, even from secondary market acquisitions.
Trading and Reward Flow
1
User supplies RWA + $BTX liquidity or swaps for RWA
2
User receives LP tokens (for liquidity) or RWA tokens (via trading)
3
LP tokens generate swap fees and unstaked royalties
4
Traders access RWA Launcher to complete KYC and Role registration
5
Traders stake RWA tokens in PoS system
6
Royalties are distributed based on staked RWA and LP holdings
Royalty and Revenue Structure
Liquidity Providers
Provide RWA + $BTX liquidity
Swap fees + unstaked royalties
Traders
Purchase RWA, KYC authenticate, stake RWA
Staking royalties
Technology Stack
BeatSwap Oracle: Immutable copyright metadata and usage tracking
MuDEX Smart Contracts: Swap engine (AMM), LP management
Private Chain: KYC credential management, Role registration, staking access
Wallet: Custody of $BTX, royalties, LP assets
Summary
Tradable Assets
BeatSwap Oracle-registered music RWA tokens
Trading Model
AMM (x × y = k) pricing
Trading Currency
$BTX
Liquidity Rewards
Swap fees + unstaked royalties
Trader Participation
RWA Launcher access → KYC → Role registration → PoS staking
Personalized Analytics
Royalty tracking based on LP or staked RWA holdings
Transparency
100% on-chain trading, liquidity, ownership tracking