Governance token

What is MFI?

MFI is the native asset of the Marginswap protocol, and you can earn it by adopting the protocol (lending, trading, and staking). MFI has several functions:
  • Governance: MFI holders decide the future of the protocol through on-chain votes
  • Reward: Bond lenders, traders, and liquidity providers receive MFI incentives for using the protocol, granting them a voice in the protocol's governance
  • Liquidation: To act as a keeper or liquidator, MFI will have to be staked (liquidators receive 5% of the total value of each liquidated trade)
Token distribution plan
For more details click here