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  • Token Overview
  • Token Utility
  • Initial Distribution
  1. Moonwell Overview
  2. Tokens

MFAM Transparency Report

PreviousWELL Migration (Base)NextStake

Last updated 7 months ago

MFAM is the native governance token of the Moonwell Apollo protocol, empowering community members to actively shape the protocol's future. By delegating MFAM to an ERC-20 wallet address, community members have the ability to vote on and submit both Snapshot and onchain proposals, otherwise known as Moonwell Improvement Proposals. This report provides comprehensive information about the MFAM token and its initial distribution.

Token Overview

  • Name: MFAM

  • Total Supply: 1,000,000,000

  • Decimals: 18

  • Token Contract (Moonriver):

Token Utility

  1. Governance Participation: MFAM holders can vote on and submit both Snapshot and onchain Moonwell Improvement Proposals or choose to delegate their voting power to another DAO member who may vote on their behalf.

  2. Staking Rewards: MFAM can be to self delegate voting power and receive additional rewards for helping to backstop the protocol.

  3. Protocol Safeguard: The Safety Module acts as a safeguard for the Moonwell Apollo protocol in the event of a.

Initial Distribution

  • Liquidity Incentives

    • Address:

  • Long-Term Protocol & Ecosystem Development

    • Address:

  • Application Development

    • Address:

  • Contributors

    • Address:

Category
Allocation
Amount (MFAM)
Vesting Schedule
Vesting Status

Liquidity Incentives

50.00%

500,000,000

N/A

N/A

Long-Term Protocol & Ecosystem Development

20.00%

200,000,000

N/A

N/A

Application Development

20.00%

200,000,000

N/A

N/A

Contributors

10.00%

100,000,000

1 year lock, 1 year monthly vest

Complete

Note: This report is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.

🌙
0xbb8d88bcd9749636bc4d2be22aac4bb3b01a58f1
staked in the Moonwell Safety Module
shortfall event
0x45dd368e30c07804b037260071d332e547c874f0
0x5d6C4DCb86b8A761C062a5274a77AaD5F7209AA3
0xceA318618B4b956a84E5feBC1Cae1F4c33A01F8B
0x8568a675384d761f36ec269d695d6ce4423cfab1