Currently our team is doing testing on eMLP. Just providing some update because i know many people are eager.
17 Feb 2023, 13:43
Currently our team is doing testing on eMLP. Just providing some update because i know many people are eager.
Some of the things we are doing is
1) our team will be using the buyback fees (approx $80k) to buyback MMF and ecosystem tokens to inject liquidity. If its insufficient, we will inject our team's share of tokens and just have it locked up perpetually
2) testing is going on at the moment, we want to ensure no exploit is possible at all.
3) some of the key things we are working on, tax / limit shorting of our tokens. This prevents the launch of madmex to have any negative impact on our native token price. We want it to mainly allow leveraging longs on our tokens
4) on top of that, because eMLP can be staked to earn MMF. Token like MSHARE, SVN, HKN, MTT can thus, all be staked there to earn MMF
Once again, we thank everyone for your patience. Its crucial that eMLP is launched securely because it can be super beneficial to the price and the growth of our ecosystem tokens.