Monsoon Finance MCASHPrice $ 0.000284

Monsoon Finance, a multi-chain privacy protocol, overcomes existing blockchain challenges by providing private transactions to any and every smart contracts blockchain. It aims to solve privacy issues with tools like a Multi-chain Privacy Bridge and a Multi-chain Privacy DEX.

Monsoon Finance will restore the fundamental right of privacy and anonymity. This is possible with the help of Monsoon cash, a fork of Tornado cash that will provide privacy features. It has already started with Binance Smart Chain and is planning to start with Polygon soon.

Similarly, with Monsoon Finance, the user can deposit assets on one chain and privately withdraw them on any other chain. This is to provide more flexibility to users and improve their overall experience with the platform along with advanced privacy features.

Lastly, by using the Monsoon Discovery Network, users can deposit an asset on one chain and privately swap it for any asset on any other chain with top in-class privacy features. This not only provides flexibility but also an overall sense of security as well.

USE CASES

MCASH is the utility token of Monsoon Finance and a fork of Tornado Cash for Polygon and BSC.

By acquiring MCASH tokens, users can participate in protocol governance and weigh in on its modifications. In addition, all fees generated by the protocol are used to buy back and burn MCASH tokens. Once $MCASH is publicly available, users can easily mine it on Monsoon maintaining their anonymity. The more you use it, the more say you have in the evolution of the protocol.

$MCASH will be the medium of exchange and used as a primary mode of payment on the Monsoon Protocol.

Additionally, MCASH will be used for staking and liquidity pools in the ecosystem.