Multifinance Protocol

Best Balili
3 min readMay 30, 2022

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There are various projects launched on the DeFi space that works to make users financially independent. The DeFi space is a wide place for users to be a part of many profit platforms like the multifinance protocol. Some projects allow users to lock in funds, and pay them interests after a period.

Multifinance protocol is an example of such platforms. It is a multi level marketing DeFi orogocl that pays its users an APY of up to 635,713.69% APY.

The current price of the platform’s main token, MLM is not known yet. However, its total supply is 1,400,000. Its market cap is not yet known.

This MLM system is based on the DeFi 3.0 investing mechanism that allows users to start earning after their investment with the platform. This form of ‘investment’ referred to is a buy-hold system that rewards users for keeping a particular token.

Users are required to keep the MLM in their wallets to be able to receive the platform’s APY.

With this unique crypto, users can easily generate a steady income from their crypto portfolio. The platform pays a compounded interest of 0.025% every 15 minutes to users of multifinance. Once you invest in MLM with a large sum of money, by the time you check back next year, your profits would have skyrocketed. Multifinance also awards users who have invited their friends and family to the platform. They will be awarded with unlimited BNB by the platform.

Tokenomics

MLM is the main token of Multifinance, and it holds a lot of functions on the platform. The token is a BEP20 token that has a flexible supply, awarding its holders with a positive reward system.

The supply is made up of:

  • Insurance: 2.5% of the exchange fees from the platform will be kept in the platform’s insurance which will help maintain its system.
  • Treasury: 2.5% of trading fees will also be kept here to handle anything concerning new products and services relating to multifinance.
  • Sure-win lottery: 1% of exchange costs is used for this purpose, and will function every half a minute.
  • Multi-level marketing: 4% of exchange costs will be paid in BNB for the sole purpose of marketing multifinance. This is the original and largest stage in DeFi risking and rewarding protocol.

FOR MORE INFO CHECK BELOW LINKS :

Website : https://multifinance.io//

Whitepaper : https://docs.multifinance.io/tokenomics/usdmlm

Telegram : https://t.me/MultiFinance_chat

Discord : https://discord.gg/2ta63mCt8M

Twitter : https://twitter.com/MultiFiProtocol

Publishers Informations :
Forum Username: Bestdss
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3406283

POA : https://bitcointalk.org/index.php?topic=5399858.msg60237576#msg60237576

BEP-20 Wallet Address: 0x5915CEDf7DFd18fb2B7fA45d76369e31c503A531

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Best Balili

Woman of peace, I like equal rights amongst individuals. Educationist, Cryptocurrency is my dream.