Project Update — July 2022

Future Polygon Expansion and Treasury Update

Multi-Chain Capital
3 min readJul 31, 2022

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.

View Portfolio Allocation on Zapper

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:

Disclaimer:

The platform Multi-Chain Capital (the “Platform”) may not be available or appropriate for use in all jurisdictions. By accessing or using the Platform, you agree that you are solely and entirely responsible for compliance with all laws and regulations that may apply to you. You further agree that

Multi-Chain Capital

has no obligation to inform you of any potential liabilities or violations of law or regulation that may arise in connection with your access and use of the Platform and that we are not liable in any respect for any failure by you to comply with any applicable laws or regulations (as applicable).

You expressly agree that you assume all risks in connection with your access to and use of the Platform. Additionally, you expressly waive and release us from any and all liability, claims, causes of action, or damages arising from or in any way relating to your access to and use of the Platform, including, inter alia, loss of funds, exploits or catastrophic failure.

You expressly understand and agree that your use of the Platform is at your sole risk. We make and expressly disclaim all representations and warranties, express, implied or statutory, and with respect to the Platform and the code proprietary or open-source, we specifically do not represent and warrant and expressly disclaim any representation or warranty, express, implied or statutory, including without limitation, any representations or warranties of title, non-infringement, merchantability, usage, security, suitability or fitness for any particular purpose, or as to the workmanship or technical coding thereof, or the absence of any defects therein, whether latent or patent. The Platform provided on an “as is” and “as available” basis, without warranties of any kind, either express or implied, including, without limitation, implied warranties of merchantability, fitness for a particular purpose or non-infringement. You acknowledge that no advice, information, or statement that we make should be treated as creating any warranty concerning the Platform.

We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Platform.

Node Income is subject to change over time.

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Multi-Chain Capital

You buy $MCC, we farm on multiple chains and return the profits to holders.