Megaton Finance MEGA
1. Summary
- Description
-
Megaton Finance is the first autonomous financial protocol on the TON network. It provides users with yield farming opportunities, such as swaps and pair deposits. The protocol combines the Automated Market Maker (AMM) DEX business model prevalent in the DeFi ecosystem, a scalable multi-chain economy, and the unique characteristics of the TON netwo...
Megaton Finance is the first autonomous financial protocol on the TON network. It provides users with yield farming opportunities, such as swaps and pair deposits. The protocol combines the Automated Market Maker (AMM) DEX business model prevalent in the DeFi ecosystem, a scalable multi-chain economy, and the unique characteristics of the TON network.
Features
- WTON Gateway: Allows users to utilize assets linked to the TON coin on networks like Ethereum and Polygon.
- Swap: Enables the trading of Jetton standard tokens based on liquidity pools, using the Uniswap v2 AMM equation.
- Pair Deposit: Allows users to deposit assets in various pools and receive liquidity provider tokens as proof of their share in the pool.
How It Works
Megaton Finance operates as an automated market maker, using liquidity pools maintained by smart contracts. The liquidity pool consists of two tokens, such as WTON, ETH, and USDT. The base price for each token is automatically adjusted using the Uniswap v2 AMM equation, enabling traders to buy or sell tokens without a counterparty.
MEGA Token
- Governance Token: MEGA is a governance token used to maintain the ecosystem of Megaton Finance. Initially, tokens were distributed to liquidity providers.
- Token Supply: Total supply of MEGA tokens is 100,000,000.
- Token Distribution: Initially, 1,000,000 MEGA (1% of total supply) was allocated for marketing and LP incentives. The tokenomics include a daily mining volume of 18,750 MEGA and a halving period of 4 years.
Megaton Finance operates as a decentralized, trustless protocol governed by its community through the MEGA token.
| Price | |
| 52W High price | $0.21 |
| 52W High date | 20th Sep 2023 (1 year ago) |
| All Time High (ATH) Date | 13th Mar 2023 (1 year ago) |
| ATH Price | $1.98 |
| % From ATH | -97.26% |
| All Time Low (ATL) Date | 5th Aug 2024 (2 months ago) |
| ATL Price | $0.04 |
| % From ATL | 24.16% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $58,232.00 |
| Total Supply | 99.74M |
| Max Supply | 1.00B |
| Circulating Supply | 17.73M |
MEGA
How does Megaton Finance's (MEGA) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-7.7%
MEGA
-6.1%
Similar Market Cap
60 Day Return
-14.7%
MEGA
-33.7%
Similar Market Cap
1 Year Return
-58.8%
MEGA
-46.5%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 15,321 |
| Active Discord Users | 83 |
| Telegram Users | |
| Twitter followers | 32,405 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://megaton.fi/ |
|---|---|
| Explorer | https://tonscan.org/address/EQBf6-YoR9xylol_NwjHrL... |
| @Megaton_Fi | |
| /r/MegatonFinance |
What is the correct contract address for Megaton Finance?
| The-open-network | EQBf6-YoR9xylol_NwjHrLkrTFAZJCX-bsd-Xx_902OaPaBf |
|---|
Has Megaton Finance been audited for security?
No security audits found for this project.
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