Updated: Moonwell Apollo MFAM Token Transparency Report

Token Distribution:

The only way to earn MFAM is by using the Moonwell Apollo protocol. MFAM is awarded to users of the Moonwell Apollo protocol, Safety Module stakers, and liquidity providers on the Solarbeam exchange, as consideration for their interaction with and expansion of the Moonwell Safety Module. The following is an example of the initial rewards which will be made available to the Moonwell community and awarded proportionally to each user, who provides liquidity to the Moonwell Protocol:

  • 12,641 MOVR per week
  • 3,500,000 MFAM per week
  • 644,000 MFAM per week
  • 38,353 MFAM per week

Token Information:

Token Name: MFAM
Total Supply: 1,000,000,000
Contract: 0xbb8d88bcd9749636bc4d2be22aac4bb3b01a58f1
Decimals: 18

MFAM Token Allocation:

50% Liquidity Incentives — Community incentives & liquidity programs

About Moonwell

Moonwell is an open lending and DeFi protocol built on Moonbeam and Moonriver. Moonwell Apollo is Moonwell’s deployment on Moonriver.

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Lunar Technology Foundation

Lunar Technology Foundation

The Lunar Technology Foundation is responsible for fostering the development of the Moonwell protocol and its ecosystem.