What is Megaton Finance (MEGA)

Megaton Finance or MEGA is the first autonomous financial protocol on the TON network. It provides users with lucrative yield farming options, including swaps and pair deposits. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (MEGA/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is Megaton Finance (MEGA)
What is Megaton Finance (MEGA)

What is the Main Function of Megaton Finance?

Megaton Finance serves as a conduit that can bridge the isolated TON blockchain ecosystem and extend to Layer 1 networks like Ethereum. As the first autonomous financial protocol on the TON network, Megaton Finance offers a range of yield farming opportunities such as swaps and pair deposits.

Furthermore, TON is now accessible to users through Megaton Finance. The platform’s framework combines the Automated Market Maker (AMM) DEX business model that is widespread in the DeFi ecosystem, a scalable multi-chain economy, and the unique attributes of the TON network.

Key Features of Megaton Finance

AMM Mechanism

The Automated Market Maker (AMM) is a ground-breaking trading mechanism that has revolutionized on-chain cryptocurrency trading. Unlike the traditional buy/sell order book approach, traders can now engage in free trading using liquidity pools established by liquidity providers. Liquidity providers, in turn, earn trading fees based on their liquidity contributions, resulting in significant profits.

Megaton Finance Multichain Token Economy

As an Autonomous Finance Protocol, Megaton Finance has its roots in KLAYswap. It is the largest AMM DEX on the Klaytn chain, boasting over one million monthly active users (MAUs) and a total value locked (TVL) of $2.1 billion in the previous year. The multi-chain token economy leverages the extensive user base and liquidity of established platforms such as KLAYswap and Meshswap. This will increase the network dominance of the new protocol rapidly. By linking each protocol via the multi-chain token economy, various reward opportunities are created through token economy convergence, transcending chains. Furthermore, the platform expands the TON network ecosystem by continuously distributing rewards to Megaton Finance users via these rewards.

Where to buy MEGA Token

You can find MEGA Token here at MEXC! We are listing MEGA/USDT in our Innovation Zone!

What is the Price of MEGA Tokens?

The price of the MEGA token is $1.87 per unit. It has a market cap of $18,896 and a fully diluted market cap of $191,260,514. It also has a 24-hour trading volume of $93,692. You can check the live price of their token right here!

How to buy MEGA Tokens

You can buy MEGA Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “MEGA” using the search bar to see the available trading pairs. Take MEGA/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of MEGA you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy MEGA] to confirm your order. You will find the purchased MEGA in your Spot Wallet.

You can find a detailed guide on how to buy MEGA Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok
Wilbur strives in two ecosystem – Sports and Blockchain. Hit him up now to talk about all things crypto related!