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Cryptocurrencies: 23380
Exchanges: 117
Market Cap: $$3.24T
24h Vol: $66.78B
Dominance: BTC: 64.9% ETH: 9.5%
ETH Gas: 29 Gwei
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bMXX is the governance token of Multi-Chain Lend (MCL). The protocol design is based on Aave for architecture and forks, and a revenue sharing component is added. Depositors earn interest on MCL by providing liquidity to lending pools, and borrowers can take out loans from these pools. Users who pledge bMXX in the governance module will receive 20% of protocol revenue (loan origination and flash loan fees), as well as 400 bMXX distributed daily. Users who deposit and provide liquidity will enjoy 70% of the agreement income.