MUX is a decentralized leveraged trading protocol allowing zero price impact trading, up to 100x leverage, no counterparty risks for traders and an optimized on-chain trading experience. In addition, MUX is the first multi-chain native protocol unifying pooled liquidity across deployed chains to maximize capital efficiency.MCB Token MCB is the protocol’s main token. Users can lock MCB to receive veMUX which entitles them to protocol income and MUX rewards.

Mai Protocol V3 is an AMM-based decentralized perpetual swap protocol. Perpetual swap is one of the most popular derivatives that have no expiration date, supports margin trading, and has its price soft pegged to index price. MCDEX have designed an AMM especially for perpetual trading and it is able to reach 1000x Uniswap’s constant product formula capital efficiency. Furthermore, anyone can create their own perpetual market with the price feed of the underlying asset and choose any ERC20 as collateral. Lastly, anyone can trade perpetual swaps without permission. Traders’ assets are in the smart contract in a noncustodial way and the process of trading is conducted on-chain completely.

MUX Protocol

MUX is a decentralized leveraged trading protocol.

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The Federal Reserve and New York Department of Financial Services are hitting a US bank with a multi-million dollar fine for violating the Bank Secrecy Act. The agencies say Metropolitan Commercial Bank (MCB) will pay a total of $29.5 million in penalties for allowing criminals to open new accounts and misdirect a staggering $300 million. […]
The post Billion-Dollar Bank Pays $29,500,000 Fine for ‘Massive Fraud’, Allowing Criminals to Access $300,000,000 appeared first on The Daily Hodl.

The Daily Hodl

Billion-Dollar Bank Pays $29,500,000 Fine for ‘Massive Fraud’, Allowing Criminals to Access $300,000,000

Kunji Finance to Launch IDO on Poolz Finance and GameFi

MUX Protocol MCB

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Billion-Dollar Bank Pays $29,500,000 Fine for ‘Massive Fraud’, Allowing Criminals to Access $300,000,000

Kunji Finance to Launch IDO on Poolz Finance and GameFi