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You Are Here: Coinworldstory » DEFI » MM Finance Defi Coins Review – A Detailed Review About MM Finance

DEFI

MM Finance Defi Coins Review – A Detailed Review About MM Finance

Cws Team
Last updated: 13/05/2023 5:53 PM
By
Cws Team
ByCws Team
One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He...
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MM Finance Defi Coins Review - A Detailed Review About MM Finance
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About MM Finance Defi

MM Finance Defi is an AMM & DEX on Cronos Chain that offers fee rebates via trade mining. They have the lowest trading fees on Cronos Chain. On top of that, they are the FIRST to introduce Protocol Owned Liquidity (POL) into DEX! MM Finance is the FIRST AMM & DEX on Cronos Chain that offers fee rebates via trade mining. They have the lowest trading fees on Cronos Chain. On top of that, we are the FIRST to introduce Protocol Owned Liquidity (POL) into DEX!

Quick Fact About MM Finance

Coin Basic Information
DEFI Coin Name MM Finance
ETH ADDRESSN/A
Price1-100 ( .001eth – .01 eth
Token symbolN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To Visit
Twitter Group Click Here To Visit Telegram Group
DocumentationClick Here To View
Official Project Website Click Here To Visit Project Website

As a Trader

You will find potential projects on MM Finance early and accompany them to grow up to massive predator through trading, farming, etc. Also, you will get free $MMF via trade mining rebates. You receive $MMF tokens for every trade you make! How awesome is that?

As a Project

You will find the best support on MM Finance Defi, including grants, arbitrage support, marketing support and network that stretches outside of the CRONOS Chain. Projects can reach out to to establish pools or farms.

Lower fees

MM Finance runs on Cronos, a blockchain with much lower transaction costs than Ethereum or Bitcoin. It is not a lot cheaper but roughly 100x cheaper!

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Decentralized

Unlike centralized exchanges, MM Finance doesn’t hold your funds when you trade: you have 100% ownership of your tokens, and you can trade directly from your wallet without anyone holding your funds! Power of DEX!

Earn

Earn $MMF and other tokens for free with high interest rates and APY!The annual percentage yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest. Unlike simple interest, compounding interest is calculated periodically and the amount is immediately added to the balance.

Lowest Trading Fees

With 0.17% Trading Fees (lowest in the space) you are guaranteed the best rates all the time when you trade via MM Finance.

Earn $MMF via Yield Farms

Stake LP tokens to earn $MMF. You get LP tokens through staking tokens in Liquidity Pools (LPs). The amount of $MMF rewards you will receive can be calculated via the APR (Annual Percentage Rate)

$MMF

MMF is the core token that powers the MM Finance ecosystem. Earn MMF from Trade Mining, Yield Farms, and Pools, buy it on the exchange, then explore its use cases:

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  • Stake it in Pools to earn free tokens
  • Use it in Yield Farms to earn more MMF

But that’s not all — there’s much more on the horizon for MMF !

Initial Allocation

  • 1% (5,000,000 MMF ) for Launchpad
  • 9% (45,000,000 MMF ) will be used for partnership with ecological construction, including marketing, promotional activities, liquidity management, – unlocked linearly in 9 months
  • 10% (50,000,000 MMF ) will be used for development – unlocked linearly in 20 months
  • 80% (400,000,000 MMF ) will be allocated to MMF community members
    • 40% can be earned by yield farm
    • 40% can be earned by trade mining
    • 20% can be earned by pool

Earn tokens via Pools

Stake $MMF to earn tokens contributed by partner projects. Partner projects provide us with their tokens to help increase their exposure via our platform or as payment for helping them set up farms!

Earn Trading Fees

Like other centralized exchanges, you can earn trading fees (0.10%) of all trades that goes through your pair when you stake your tokens in Liquidity Pools (LPs).

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Security

MM Finance Defi team will continue getting more auditor firms onboard to audit the codes as they continue building out platform. They would like to engage 3 different audit firms to help look through codes so that they are covered from all vectors of attacks. The goal is to create a secure platform for everyone that is free from exploits.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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