

The meme finance (MEFI)



0xe13879194578C6F1A591a96C45B65022c43CEc07
About The meme finance
$mefi is the underlying token of our protocol.
While not required to use our protocol, $mefi holders will be able to borrow ETH at a higher percentage for their collateral. Non-$mefi holders will receive ETH equivalent to up to 50% of their collateral’s valuation. $mefi holders, on the other hand, will receive up to 75%.
Put simply, holding $mefi significantly reduces your risk of having your entire stack of a meme coin liquidated because you’re utilizing fewer tokens as collateral.
Additionally, $mefi holders won’t be required to pay any interest on the borrowed ETH.
While not required to use our protocol, $mefi holders will be able to borrow ETH at a higher percentage for their collateral. Non-$mefi holders will receive ETH equivalent to up to 50% of their collateral’s valuation. $mefi holders, on the other hand, will receive up to 75%.
Put simply, holding $mefi significantly reduces your risk of having your entire stack of a meme coin liquidated because you’re utilizing fewer tokens as collateral.
Additionally, $mefi holders won’t be required to pay any interest on the borrowed ETH.
In case of missing or misleading information pleaseID: 65419

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Volume $0.0
All Time HighNov 6, 2022, 5:15 PM
$0.0006185-98.90 %
All Time High LPNov 6, 2022, 9:38 PM
$135,654 -90.88 %
The meme finance FAQ
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Launched on Oct 10, 2022
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