Moonwell Apollo MFAM

1. Summary

Ranks

Liquidity

39

Developer

-

Social

79

Momentum (beta)

0

Stack Rank™

-

Price

$0.000425040000 -0.4%

Market Cap

$254,445.00 (#5654)

Supply

558.37M / 1.00B

Tags

Avalanche Ecosystem Moonriver Ecosystem Moonbeam Ecosystem

More Metrics

Price
52W High price	$0.004764008200
52W High date	29th Mar 2024 (10 months ago)
All Time High (ATH) Date	24th Feb 2022 (2 years ago)
ATH Price	$0.22
% From ATH	-99.46%
All Time Low (ATL) Date	12th Oct 2023 (1 year ago)
ATL Price	$0.000390870000
% From ATL	203.26%

Supply & Trading Volume
Trading Volume (24h)	$2.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	558.37M

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Description

Moonwell Apollo (MFAM)

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Moonwell Apollo (MFAM)

Moonwell Apollo is a decentralized protocol focused on open lending and borrowing DeFi solutions. It is deployed on Kusama's Moonriver network, which serves as an incubation and development platform for projects before they are moved to Moonbeam, its sister network. A key component of Moonwell Apollo is the MFAM token, which acts as a governance token, ensuring that users have a voice in project direction and decision-making processes.

Key Features

1. Security and Trust: Moonwell Apollo has partnered with top security firms to ensure robust smart contract audits and ongoing support.
2. User Experience: The protocol is designed with intuitive user interfaces to encourage widespread adoption.
3. Education and Information: Comprehensive resources are available to the community, including tutorials, guides, and announcements.
4. Community Engagement: Moonwell fosters a connective and collaborative environment

Governance

1. Foundation Grants: Strategic initiatives are supported through a discretionary grants process managed by the Moonwell Foundation.
2. Community Grants: The community proposes and votes on projects through a decentralized, MFAM token-based governance framework.

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