What Is Stakeborgdao?
Marginswap coin is a decentralized trading protocol that natively supports spot and cross margin swapping of assets on AMMs like Uniswap and SushiSwap. Using you can trade a wide variety of tokens, much like you already do on existing protocols, but with leverage. Margin trading is possible due to Bond lending, i.e., lenders supply crypto assets to the protocol, which traders borrow for their trades.
Marginswap Coin Storage Key Points
|Coin Name||Marginswap Coin|
|Circulating Supply||6,786,894.00 MFI|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Why Choose Margin Swap
Marginswap offers the features of a centralized exchange, aka CEX, on the blockchain. Trade knowing that your funds are under your control.
Marginswap access billions of dollars worth of on-chain liquidity for all your swaps
Liquidity is sourced from multiple decentralized exchanges (DEXs)
No hidden fees. All transactions are verifiable on-chain
Earn MFI for using Marginswap and stake it to receive fees generated by the protocol and participate in governance.
Marginswap DAO governance controls all aspects of the protocol.
The smart contracts have been reviewed by professionals and audited by experts in the crypto space.
What can you do on Marginswap
Marginswap coin is the true heart of DeFi, powering the ecosystem with liquidity. It supports trading, lending, and borrowing for hundreds of crypto assets. So…
Swap hundreds of tokens with up to 5x leverage.
Cross Margin Trading
Leverage is not isolated to a single pair. Trade across multiple assets with ease and earn MFI.
Earn interest and MFI continuously by lending cryptocurrencies to the protocol.
Polygon Support and Incentivising lending
Marginswap are looking forward to supporting Polygon, an EVM compatible chain with a lot of liquidity on the chain’s Sushiswap and native exchange Quickswap. Combined, both DEXes command a total of over $2 Billion worth of liquidity. They will be live on Polygon on the 9th of June with margin trading support for $ETH $WBTC $DAI $USDC $MATIC $USDT $WBTC $LINK $AAVE
About a week after deployment on Polygon, $MFI incentives will be activated for lenders of crypto assets.
Staking and v1.0 on Ethereum
They are finally at the point where they can safely move the platform from the Beta to v1.0! So, the 23rd of June will mark v1.0 and the beginning of staking for $MFI holders.
Since the Certik audit and Code423n4 competitive audit, the Marginswap protocol has undergone rigorous testing and usage by beta users and they successfully pushed fixes for issues reported by users.
Permissionless Isolate Margin
Marginswap coin trading is commonly offered in one of two different flavors: isolated or cross margin. They launched with a cross margin system, which means that the health of a margin trader’s portfolio is calculated jointly, such that gains in one asset can balance out potential losses in another
MFI distribution plan and liquidity mining event
The token distribution is designed from the get-go to drive adoption of the protocol. That is why the remaining MFI tokens will be distributed to users and early adopters of Marginswap
The Marginswap dev team is pleased to announce the hiring of John Jordan as the protocol’s UI and Web3 Development Lead. An advanced on-chain spot and margin trading protocol for crypto assets, allows traders to trade a wide variety of assets with up to 5x leverage. The new addition to the team John Jordan is a Web3 engineer with a wealth of experience in technical leadership positions.
John led the development of a donation app for Mastercard and you can check out the app here. They also worked at Origin Protocol, leading the development of a calendar-based scheduling system that powered various fractional usage listing types for the blockchain-based marketplace.