Megaton Finance Logo

Megaton Finance MEGA

Megaton Finance header image

1. Summary

Ranks

Liquidity
64
Developer
-
Social
73
Momentum (beta)
87
Stack Rankā„¢
-
Price
$0.06 -2.1%
Market Cap
$984,031.00 (#2823)
Supply
12.94M / 99.74M
Tags
Price
52W High price $1.11
52W High date 8th Apr 2023 (1 year ago)
All Time High (ATH) Date 13th Mar 2023 (1 year ago)
ATH Price $1.98
% From ATH -93.46%
All Time Low (ATL) Date 26th Feb 2024 (4 months ago)
ATL Price $0.08
% From ATL 71.41%
Supply & Trading Volume
Trading Volume (24h) $86,167.00
Total Supply 99.74M
Max Supply 1.00B
Circulating Supply 12.94M
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.

2. Price

MEGA

2.1. Market Performance

How does Megaton Finance's (MEGA) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

28.4%

MEGA

-16.1%

Similar Market Cap

60 Day Return

29.0%

MEGA

-20.4%

Similar Market Cap

1 Year Return

-87.2%

MEGA

-28.0%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 15,470
Active Discord Users 102
Telegram Users
Twitter followers 34,461
5. News

No recent news found.

7. More Information

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...
Twitter @Megaton_Fi
reddit /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.

Are you the owner of Megaton Finance? Edit it here

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