MMFinance Announcements

🎊 $100 to Giveaway 🎊 ✅ To qualify: 1️⃣ Follow MMF & Maddy 2️⃣ RT this post 3️⃣ Tag 3 friends in the comments section ⏳ Winners will be picked in 48 hours! Like, Comment & RT here

The technological space is ever changing. New narratives are born year after year. Our team is certain that AI + Web3 will be the new game changer in 2024. This is our new product, and our spin on how we can capitalise on this wave. https://medium.com/@MMFinance/something-is-brewing-%EF%B8%8F-915897d10ebe 2/ If you've ever wanted a personal assistant that can help you book cheap flight tickets, organize your calendar/meetings; imagine WHAT IF we could emulate this in the Web3 world. Maddy precisely acts as a AI Web3 assistant to automate and safeguard everything that you could possibly want to do in the Web3 world. (People like @mcuban need not perform a Google search to perform tasks, and can simply instruct Maddy to do it - thus never getting phished ever again). 3/ At the same time, Maddy.gg is a huge undertaking, and we are on the lookout for KOLs who can provide huge value in helping us bring Maddy to the next level. We are now officially open to recruiting KOLs for Maddy.gg. Reach out to us if you wish to be a part of the next biggest and hottest product of the 2024 cycle!

Article will be released within the next 24 hours! 🕰️ While we wait, you can attempt to guess the name of the product! First to guess correctly or the closest to it when it ends will receive $200 USDC! 💵 Ends once article is launched. To qualify, you have to RT this post! Like, Comment & RT here

📌 In light of the latest news on Multichain, we encourage all users to revoke access on MULTICHAIN Steps to follow: https://support.metamask.io/hc/en-us/articles/4446106184731-How-to-revoke-smart-contract-allowances-token-approvals Please like and share so other MMF ecosystem users are aware. We will be removing support for MC as well. Like, Comment & RT here

🌐 Hi Burrow, we have successfully deployed and tested our new RPC/nodes on our backend setup. ⚡️ You should experience high loading speed now at our Arbitrum Dexes both v2 and v3. ⚙️ We will continue optimizing the sites to ensure a fast experience for all our users. Like, Comment & RT here

✅ New feature added. 🔁 Now you can toggle easily between Arbitrum One and Cronos without having to adjust your metamask or defi wallet RPC settings. 💡 More improvements on UI/UX to come. Team is still working on fixing some minor UI issues currently. We appreciate your patience! Like, Comment & RT here

🍀 The MMF (Cronos) v3 DEX has been launched! This will allow us to have a higher trading volume at lower TVL and emission rates! 📌 Liquidity providers should migrate their LPs to the v3 farms to continue earning emission rewards. 💰 New V3 farms here: https://mm.finance/farms Like, Comment & RT here

🔥 Cronos MM Finance V3 in Beta! 🤝 Hi Burrow, we thank you for patiently awaiting as our team toiled behind the scenes to deliver MM V3 for Cronos users. Today, the V3 DEX on Arbitrum is highly capital efficient, generating 4x more fees than the DEX on Cronos on lower emissions and dilution. We will be bringing these new features over to Cronos users shortly. 🔀 For now, we have implemented Cross-chain functionalities on our main mm.finance domain. Simply switching the chain in your metamask/browser extension should allow you to switch to the chain of your choice. Gone are the days where you would need to navigate to different domains e.g. cronosmm.finance or arbimm.finance etc for each different chain. We understand that this is a feature that has been asked for, and this V3 implementation is one of the most opportune moments for us to deliver this. Due to this huge change, there might be slight issues/bugs, do let us know if you encounter any of them, and we will get them fixed out of the way. 💰 On Cronos MM Finance, we will be enabling emissions for our V3 farms shortly, but in the meantime, you could definitely add liquidity to earn juicy trading fees, which will be way higher than what our V2 DEX was able to generate for you as a liquidity provider previously. Over time, we will trim out emissions on Cronos to reduce inflation, and transition towards a model that is reliant mostly on fees. 💡 Once Cronos V3 has been fully deployed, we will be deploying the same implementation on Polygon as well. Side note, our team has been invited by the Polygon ZK team to deploy on their ZK chain. We intend to bridge our Polygon MMF token onto the ZK chain as a part of our expansion plans. With all of the above done, we will be earning huge fees that goes back towards our regular buyback and burns of MMF tokens, pushing us towards a hugely sustainable narrative. Like, Comment & RT here

💰 To stay competitive and to increase trading volume on Cronos Madmex, we have lowered the fees of trading. Having increased trading volume will generally help to improve the price of MLP. ⚖️ In doing so, we will also reduce the amount of CRO weightage in the MLP pool as CRO has very low liquidity, which is optimal for leveraged trading. This will help protect value of MLP on Cronos as well. Like, Comment & RT here

🌊 30% of all the Madmex fees since the last fee distribution has been sent into the MLP pool to increase the value of MLP. 🔥 55% of the fees has been sent to the POL wallet for MMF buyback to support the price of MMF. 🚀 $DSF has been bought back to above peg. 🌉 10% of the fees has been cross-chained from Polygon onto Cronos for buyback of MUSD until it has achieved peg. Like, Comment & RT here

🔁 On Arbitrum MM Finance, we see LP trading fees as high as 42% on the Arbitrum token. With an LP deposit amount of $1000, you can expect up to $511 of trading fees revenue alone (even more if you account for emissions). 🔥 This is a pleasant phenomenon to observe, due to the launch of our V3 DEX, and places us on an increasingly more sustainable narrative, where we can, and will trim emissions over time soon. Eventually, we will push MMF into an "ultra sound" narrative where we will lower inflation rate of MMF, and turn on the burn rate for MMF. For this to happen, we are currently actively seeking to lock in as much trading liquidity as possible, to create a "fee moat" where users seek to earn purely from trading fees alone. This is possible if we manage to lock in competitive amounts of TVL in our DEX. 👀 Moving forward, we will be seeking to onboard new projects and communities, and this is something to watch out for! Like, Comment & RT here

🔥 As part of our plan to reward our stakers, we have boosted xMMF single staking yields and its now at 188% APR with an approximately 0.5% daily ROI! 🏆 With that, MMF currently have the highest single staking APR pool on #Arbitrum 🔒 Our goal is to lock up even more MMF into xMMF and remove them from the circulating supply to create scarcity of our native token! 💧 Stake xMMF here: https://arbimm.finance/pools Like, Comment & RT here Like, Comment & RT here

🔓 Despite having enabled xMMF unlocks for over 6 hours, we are pleased to announce that users have maintained their confidence in holding MMF tokens instead of unlocking them to sell. A total of only 143413 (~$17k USD) MMF tokens have been sent for unlocking thus far, of which we believe that a large portion of these tokens will also end up going towards forming V3 liquidity in our MMF-WETH liquidity pool. 🔥 As it currently stands, we currently have 3.2mil MMF tokens that are locked as xMMF, and the current redemptions only account for a small 4% of unlocks (which is a backlogged amount). This is bullish indeed as it seems that users are inclined to hold MMF tokens on Arbitrum. We thank all of you for that. 📈 That said, our team will be doing 2 things to ensure that the price of MMF tokens remain healthy: 1) Boost xMMF single stake APR to reward loyal holders 2) Begin buybacks if MMF tokens start getting sold off due to unlocks 🚀 With that done, our team is now prepping to onboard promising new projects into our ecosystem. P.S. V3 launch on Cronos and Polygon coming soon! Like, Comment & RT here

🔥 As ETH token is one of the highest traded token and held on #Arbitrum, we have created a new farm for users to stake their MMF. This will help us lock up more MMF within the ecosystem and incentivize our native token liquidity providers. ☘️ Stake MMF/ETH LP > Earn xMMF 💧 Form liquidity here: https://arbimm.finance/liquidity 💰 Stake LP here: https://arbimm.finance/farms Like, Comment & RT here

🔁 Circulating supply of $MTT have always been below 30,000. Bulk of which is kept in DAO where 0 $MTT have been sold so far. DAO: 0x0AF5144418a4FE0dB19712A31955513B82108287 🔥 To reassure our users and to ensure circulating supply of $MTT will never exceed 30,000, we have carried out the burning of $MTT: https://cronoscan.com/tx/0x42be317d9f1af76fe090e091e360a440597cc70178472f37caafd77a2023effc Like, Comment & RT here

🔥 APR have just been boosted for the v3 LP farms! Earn more yields with us now. We have the highest staking yield on #Arbitrum. We are tapering emissions as TVL increases to ensure we provide a decent ROI for our LP providers! 1️⃣ Form LP here: https://arbimm.finance/liquidity 2️⃣ Stake LP here: https://arbimm.finance/farms Like, Comment & RT here

🔎 MMF v3 now tracked on GeckoTerminal Like, Comment & RT here

🔥 APR have been boosted for the v3 LP farms! Earn more yields with us now. We have the highest staking yield on #Arbitrum 1️⃣ Form LP here: https://arbimm.finance/liquidity 2️⃣ Stake LP here: https://arbimm.finance/farms Like, Comment & RT here

🍀 Yield Farming in MMF V3 Hi all, we understand some of you have queries regarding how yield farming/APR works in MMF V3. We've written a simple guide. In MMF V3, you will get to earn MMF + LP fees. As a general rule of thumb, 2 things affect the amount of APR you earn: - Amount of liquidity/TVL provided - The range you select The amount of liquidity provided is something everyone is familiar with, and we shall not dwell much on it. However, the range selected by you when yield farming, has the capability to greatly affect the amount of APR you earn. A $10k USDC WETH-USDC LP position has the capability to earn up to 600% APR, or as low as 43% APR (based on current emissions). Maximizing emission + LP rewards Generally, the smaller the range provided, the higher the amount of emission and LP rewards earned. Yes. The amount of emission is also affected by the amount of range that you have selected. The lower the range selected, the higher your IL would be. However, the intention of higher LP and emission rewards is intended to offset that. This is why you need to play around with the ranges to understand the amount of APR you are potentially getting. As an example, we have attached an image of a WBTC-USDC yield farming position that earns up to 547% APR. The premise for our settings is a range of $16000 - $34000. Our reason for selecting this range, is because we believe that BTC is likely to trade rangebound within this range for a period of time. While we may experience higher IL towards the upper and lower bounds of prices, we are not worried as we will only ever one day break our LP when prices of BTC one day get back to the current price of ~$31000 as it is today. With that in mind, we hope you can form your own hypothesis-es surrounding your yield farming positions, and to be able to enjoy a high yielding position! Like, Comment & RT here