{"data":{"id":11251,"name":"Dexlab Classic","symbol":"DXLC","slug":"dexlab","category":"token","description":"## What Is Dexlab (DXL)?\r\n\r\nDexlab is a platform that makes launching on Solana easy with a token minting lab, a launchpad and a dedicated DEX for all listings.  The platform runs on the Solana blockchain, which offers high scalability and very low fees.\r\n\r\nDXL is the native utility token that is used for:\r\n\r\n* Fees for processing transactions and storing data.\r\n* Running validator nodes on the network via staking DXL tokens.\r\n* Used for governance votes to determine how network resources are allocated.\r\n\r\nDexlab tools include: \r\n\r\n* Decentralized Exchange for users to be able to trade any asset listed\r\n* LIST YOUR MARKET feature which allows market owners to list their market in our DEX\r\n* LAUNCHPAD for public sale of tokens by projects utilizing Dexlab for IDO\r\n* MINTING LAB feature which allows users to create and list an SPL Token and NFT\r\n* BOT support for traders who want to use our API \r\n\r\n## How Many DXL Coins Are There in Circulation?\r\n\r\nDexlab launched its mainnet on July 31, 2021 with 1 billion DXL tokens created at genesis. \r\n19.5% is reserved for Mining Pool and Rewards.  15% for Marketing and Community, with a 2 year lock up. 15% for Development Incentives, with a 3 month lock up. 10% for Liquidity Fund. 5.5% for Strategic Investors, with 15% TGE unlocked, 10% quarterly.  4% for Seed Investors, 15% TGE unlocked, 10% quarterly.  15% for Ecosystem Reserve, with a 3 month lock up.  10% for the Team, with 1 year lock up. 4% for the advisory board, with a 1 year lock up. 2% for the IDO, with no lock up.  \r\n\r\n### Where Can I Buy Dexlab Tokens (DXL)?\r\n\r\nDXL is available for trading on our platform, Dexlab.  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