Project Update — July 2022
Future Polygon Expansion and Treasury Update
Key Highlights:
- 33,000+ Holders of $MCC on Ethereum, Binance Smart Chain and Fantom.
- 5,870+ MultiNodes Created Across Ethereum, Binance Smart Chain and Fantom.
- Total Treasury Value is now at $19M
- Future Expansion to the Polygon (MATIC) Network
Future Expansion
In the coming months, Multi-Chain Capital will be expanding to additional chains to increase market penetration. As the future of blockchains evolve, we firmly believe that the future will continue to be Multi-Chain.
The lowest hanging fruit are the current popular EVM-Compatible (Ethereum Virtual Machine) chains, and our first focus will be on Polygon (MATIC). As the industry expands, our target focus on individual chains will evolve to capture the latest trends.
Treasury Update
The total Multi-Chain Capital Treasury Value is now $19M. It is divided into high, medium and low-risk categories to optimize returns while containing risk.
High Risk:
The major positions in $ETH and $FTM have been de-risked considering the future volatility present in the market.
Medium Risk: Convex Finance
The investments in $cvxCRV are currently staked in Convex Finance, earning ~18.2% APR.
All $CRV and $CVX rewards are harvested and compounded back into Convex, while the stablecoin earnings are are used to buy back $MCC.
Low Risk:
The remainder of the treasury is held in stablecoins to preserve capital and is awaiting future accumulation periods.
Additional Information:
- Website:
https://mchain.capital - Discord:
https://discord.com/invite/4GwbcQNa7P - Telegram:
https://t.me/MultiChainCapital - Twitter:
https://twitter.com/MulChainCapital - Medium:
https://multichaincapital.medium.com - Buy on Uniswap on Ethereum:
$MCC on Uniswap - Buy on PancakeSwap on Binance Smart Chain:
$MCC on PancakeSwap - Buy on SpookySwap on Fantom:
$MCC on SpookySwap - Buy on Metis:
$MCC on Metis
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Node Income is subject to change over time.
