Eden Network <> Manifold Finance

Since our migration into Eden Network to focus on the infrastructure side, we have been following and discussing with many projects in the MEV space and Manifold Finance was of course one of them. Manifold has worked and launched a SushiSwap integration to bring protection to users on their favorite dapp frontend.

We look forward to working with Manifold Finance in the future with the goal of giving traders a better experience and protection on the dark forest. The Manifold team is currently testing the inclusion of Eden as one of the endpoints to send their transactions.

To reinforce the collaboration even further, both projects will be performing a $250,000 treasury token swap.

For the swap, the price calculation will be based on the 7 day TWAP from CMC values for both tokens:

• Manifold Finance (https://coinmarketcap.com/currencies/manifold-finance/): $27.43
• Eden Network (https://coinmarketcap.com/currencies/eden-network/): $1.06

With the above calculation, Eden Network will be sending 238,850 $EDEN tokens and receiving 9115 $FOLD tokens

About Eden Network

Eden Network is a user-focused priority transaction network on Ethereum. By staking 100 EDEN tokens, traders get access to Eden’s priority network, where transactions are prioritized over the public transaction pool and protected from malicious bot attacks.

Eden Network also has products for block producers and institutions. By joining Eden Network, mining pools can augment their income by accepting supplementary EDEN token rewards. Institutions can take advantage of Eden’s slot auctions, where consistent access to priority blockspace is auctioned off to the highest bidder.

Eden Network currently supports ~40% of Ethereum’s Hashrate. See latest hashrate figures here: https://app.edennetwork.io/

About Manifold Finance:

Manifold Finance provides solutions encompassing the middleware market for decentralized finance applications and protocols for both scaling and usability purposes. Part of our mission is helping scale the Ethereum ecosystem, which is where the idea of ‘middleware strategies’ comes into play. Our solutions can be thought of as an ‘APY strategy’ that you might find with something like Yearn Finance, except instead of providing capital (e.g. through depositing into a strategy with Yearn), they create applications that provide services that generate revenue (a prime example being YCabal).