Review on Multiplier by Christian Patrick
My review on multiplier project.
Hi guys our case study for today will be built around "Multiplier". what then is it all about?
Multiplier is a non-custodial lending protocol that is been hosted by the binance smart chain. It is however,offering speedy and flash loans. Being app durable it is equipped with the basic and fundamental background layout that is exclusive to any other platform. so far, multiplier incentivizes is yielding farmers In various sectors of agriculture with an MXX token. The MXX token was recently launched on the 29th of September,2020. The token is positioned to neutralize liquidity for those lending or even those depositing through a derived interest rates and yield.
From experience I can say that it primary assignment is framed around liquidity Minning which is by far used by farmers. It is a situation where farmers mints a new token in exchange for their liquidity on the platform which in turn creates a pathway loop system.
I have found on it platform a maximum of 18million MXX tokens which shows that it is readily available and such tokens are in circulation and distributed against users in proportions of their effect and general contributions felt on the platform.
Pros
- It is app durable which is available on Google Play Store.
- It offers reward based on contributions of individuals.
- It is free,fast and reliable to use.
- It offers vast loans.
- It generates liquidity by functional agricultural farmers investment.
Cons
- None.
