MCF Token

MCF token is the governance token of the overall MCF ecosystems. Holders of MCF tokens are entitled to create proposals and vote on proposals for the future health of the MCFinance protocol.

MCF is MCFinance's native protocol utility token that is issued with the ERC-20 token standard on Ethereum. The utility of MCF is designed to incentivize and facilitate transactions and governance of MCFinance.

• Token Contract Address : 0xE33AE4E795114279721047484E5ad5cc7DF24fcB

The utilities of the MCFinance native token (MCF) is as follows:

• Token Utility 1: Liquidity Mining - Incentives for Early LPs -L1

• Token Utility 2: Community Liquidity Mining - Wide distribution in communities - L2

• Token Utility 3: Revenue Share - Holders and stakers will be eligible for receiving 0.025% of the total transaction fee of 0.3%. The collected 0.025% will be converted to MCF as rewards and distributed to MCF holders and stakers.

• Token Utility 4: On-Chain Governance

MCF token is used to determine the changes of future plans, parameters, and overall protocol's direction. MCF holders must keep this in mind and wisely vote in governance.