MSWAP

MUFTSwap price 
MSWAP

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Self-reported circulating supply
 
95,653,235 MSWAP
Total supply
 
1,024,000,000 MSWAP
Max. supply
 
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Self-Reported Tags
PlatformSportsCollectibles & NFTsShow all


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About MUFTSwap

MUFTSWAP is DEX (Swap, Staking & Farming) + Sport NFT (SNFT) Marketplace on Binance Smart Chain. MUFTSwap Token (MSWAP) is the mineable governance token of the platform. Together with its co-native token MUFT, MSWAP strives to offer a more user-oriented, sustainable and innovative Dual-Governance DeFi Protocol Ecosystem that inevitably will deliver to users products which will provide extremely high APRs due to the MSWAP Staking/Farming Reserve. Futhermore, both co-natives are used for distributing profits generated to liquidity providers, rewarding users for staking the token (along with other tokens) and project governance.

Consequently, in its ultimate stage of development, the project will introduce the Proof-of-Dualism (PoD) protocol, thanks to which the platform will govern and utilise its functionally as efficiently as possible in terms of user's incentives and project's market sustainability and further development.

However, MUFTSwap also include (and yet developing) many more innovative features which will definitely help out our users in terms of being much more tuned in regards MUFT's Developmental Growth, as well as, to have much better transparency regarding their personal MUFT Reflection Rewards (MUFTRR).

MSWAP has no max supply. That decision appeared as necessary due to the requirement of gaining greater sustainability in terms of Yield Farming/Staking, 'Fans Voting Power', "Football Predicitons", "Football Games" and SNFT usecases wherein token's governance is concerned. However, the project aims to create many "Burning" usecases and events, thanks to which the total supply will be regulated in fair dynamics.

1,024,000,000 MSWAP tokens have been minted at the start. 900 Million of them went at farming/staking reserve (contract) and will be distributed to the community proportionally; 60% to "Devil's Farms" and 40% to "Red Pools".