What is MULTI?
Non-custodial reserve and payment currency used for creation of MULTI BONDS
The goal of MULTI is to build a policy-controlled currency system, in which the behaviour of the MULTI token is controlled at a high level through governance.
MULTI can function as a global unit-of-account and medium-of-exchange currency whilst still enabling the system for growth and wealth creation by investing in MULTI BONDS.
MULTI BONDs are backed by baskets of assets, including tokenised real world assets such as EnreachDAOs nFIAT, giving each Bond an intrinsic value that it cannot fall below.
MULTI BONDs absorb dormant or dying liquidity on decentralised exchanges of assets approved through MACRO governance with two main strategies for token holders swapping into MULTI BONDs: bonding, staking and lending.
Bonding provides MULTI-nFIAT LP by swapping permissible assets (approved by governance) and nFIAT; in exchange for a discounted LP token asset.
Staking enables MULTI BOND holders to develop passive income strategies by depositing MULTI-nFIAT LP tokens onto the Yaggr Liquidity Network to yield MACRO, that enables high level governance control of MULTI policies and backed by yield bearing CRV tokens
MULTI tokens on various blockchains are open source technology brought into existence by MULTI DAO.
Last modified 1mo ago
Copy link