Mummy Finance have started as builders on Fantom Opera, we have always strived for the best for this chain and have consistently contributed our utmost efforts. Unfortunately, a recent incident of Multichain has caused concern among Fantom users regarding the potential loss of blue-chip tokens and stablecoins. However, we are pleased to inform you that thanks to the swift response of the Fantom Foundation, in close collaboration with LayerZero and Axelar, we have managed to ensure the safety of Fantom Opera.
Now, it is time for Mummy Finance to adapt to the prevailing circumstances. Mummy has consistently provided the finest platform for perpetual trading and swapping blue-chip tokens and stablecoins on Fantom Opera. However, we are thrilled to announce that we are taking a step further to expand our offerings. With great enthusiasm, we are introducing Skeleton Finance, the V3 AMM DEX, which supports an array of new assets such as WBTC, WETH, USDC, USDT, and DAI, as well as native tokens of other protocols. These assets are made available through our partnership with LayerZero and Axelar, and the platform will be launching on Fantom Opera.
What is Skeleton?
Skeleton Finance aims to revolutionize the world of DEX on Fantom as the FIRST AMM DEX to support liquidity for both blue-chip tokens and stablecoins which is provided by Layer Zero and Axelar, Skeleton will offer seamless connectivity and enhanced liquidity options. Leveraging the full spectrum of advantages provided by PancakeSwapV3, such as Concentrated Liquidity, Smart Router, and Flexible Fees, Skeleton Finance is poised to deliver a cutting-edge trading experience to its users.
Furthermore, Skeleton Finance will address the prevailing issue of low liquidity for blue-chip tokens and stablecoins on Fantom Opera. Through its innovative solutions, Skeleton aims to provide robust liquidity options that will effectively tackle this problem, ensuring a more vibrant and efficient trading environment for these assets.
For liquidity providers: Concentrated Liquidity for optimal capital efficiency
Experience a new level of liquidity provision with Skeleton’s groundbreaking Concentrated Liquidity model. This innovative approach optimizes fund utilization by strategically allocating them within precise price ranges, eliminating inefficiencies in traditional pools. Skeleton surpasses Uniswap V3 and other platforms with lower tick ranges, dynamic fees, and impressive earning fees of up to 10% exclusively for Meme protocols. Collaborative efforts with DEX aggregators are underway to enhance trading fees and drive growth within the Fantom network. Discover unmatched liquidity benefits and elevate your trading endeavors with Skeleton Finance.
For traders: Optimal trading rates for your favorite tokens
Backed by strategic partners and liquidity providers, Skeleton Finance grants users access to extensive liquidity through smart router technology. This combination instills confidence in traders, ensuring they receive the most favorable rates. By continuously scanning available pools, the advanced routing engine optimizes returns for each transaction, allowing Skeleton users to consistently maximize profits and enjoy a smooth trading journey.
For protocols: The perfect partners with limitless benefits
Skeleton aligns with the mission of Fantom, aiming to promote widespread crypto adoption and enhance accessibility and integration of new protocols. It strives to become the liquidity backbone of these launching chains, offering a go-to platform for ANY protocols to place liquidity. Our goal is to make DeFi user-friendly and extend the advantages of scaled Fantom to a wider audience.
What’s coming next?
Skeleton Finance has not yet released its own token, as we are patiently waiting for a more opportune moment to launch it. During this period, we will diligently collect contributions from our early supporters, which will be considered towards achieving the goal of conducting an airdrop of our token. Rest assured, we are carefully planning and strategizing to ensure that the token release aligns with our broader objectives and provides maximum value to our community.
- Mummy Finance V2 is on its way, bringing a host of new trading tools, assets, and features to turbocharge trading activities across all operating chains.
- Exciting campaigns with lucrative rewards await early users of Skeleton.
- We have lined up more partners for both Mummy and Skeleton.
Stay tuned for more thrilling news to come!
Connect with us:
Website: https://www.skeleton.finance/
Twitter: https://twitter.com/mummyftm
Discord: https://discord.com/invite/xqSJaw8sUB
Telegram: https://t.me/mummyftm
Linktree: https://linktr.ee/mummyfiftm
