Megaton Finance MEGA Price $ 0.0992

Megaton Finance is the first autonomous financial protocol on the TON network that provides yield farming opportunities such as swaps and pair deposits. Users can now use TON (Toncoin), previously unavailable on the TON Network in Megaton Finance. Megaton Finance has a structure that combines the AMM (Automated Market Maker) DEX business model prevalent in the DeFi ecosystem, the scalable multi-chain economy, and the unique characteristics of the TON network. Megaton Finance is not just an AMM mechanism protocol that provides revenue. Megaton expects that it will become the gateway to Web3 through continued upgrades and integration with Telegram in the future.

Megaton Finance is an instant swap protocol that operates with an on-chain liquidity pool, where liquidity is guaranteed by automated market-making (AMM) mechanisms. It is an on-chain swap service that allows anyone that has any WTON or oToken-type cryptocurrency to become a liquidity provider and earn income from transaction fee commissions.

MEGA is a governance token that maintains the ecosystem of Megaton Finance, and the initial quantity issued through inflation is provided to LP (Liquidity Provider). When the staking function is added to Megaton Finance, MEGA staking participants will receive MEGA as a reward. MEGA can be distributed through ecosystem contributions such as pool deposits and staking, or acquired through transactions, and can be used as follows:

• Users can receive inflation reward by using MEGA for pair deposit services
• Users can participate in MEGA staking and receive MEGA inflation reward (TBD)
• MEGA can be used for governance voting on the protocol’s agenda (TBD).