The Mercurial cryptocreal collaborating with FTX plans to deeply modernize – Bits Media

Mercurial decentralized financing platform is going to update its brand, Community and tokenomics.

The modernization of the project is related to the situation in the crypto, Including with a spoiled reputation due to cooperation with FTX cryptocurrencies and its beneficiaries From Alameda. Mercurial platform, providing loans on the blockchain SOLANA, Already released a new token and transferred the current holders of the old Mer token to a new setting.

At the next stage, Defi Mercurial plans to create a decentralized autonomous organization (DAO), to give the community more opportunities for making important decisions. Besides, Mercurial promises to launch credit storage facilities and pools of automated market marquers (AMM) As a separate project called Meteora.

AMM enables users to trade with each other not directly, And with a smart contract. AMM is always ready to buy or sell cryptoactive at the price closest to the market. Mercurial will launch and spread the new still unnamed token as part of Meteora, and also spread it among current Mer holders. Vote for future changes and updates for the Meteora project will allow the created DAO.

Now many cryptocurrencies are introducing updates to their policy and economics. for instance, Now the Sushiswap community is discussing the possibility of suspension of remuneration to XSushi holders.