Main
Also known as
MER
Digital asset type
Building dynamic vaults for stable assets on Solana, providing the technical tools for users to easily deposit, swap and mint stable assets.
Blockchains
Blockchain
Smart contract
MERt85fc5boKw3BW1eYdxonEuJNvXbiMbs6hvheau5K
Overview
Mercurial is building DeFi’s first dynamic vaults for stable assets on Solana, providing the technical tools for users to easily deposit, swap and mint stable assets. The MER token is designed to accrue value for the holder via fees from swaps, commission from yield farms, and as collateral for synthetic stables like mUSD. MER is also intrinsically linked to the governance and growth of Mercurial, playing a crucial role in regulating the system across governance, insurance, and bootstrapping.
Funding
Funding rounds
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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OKEx Blockdream Ventures | The corporate venturing arm of the OKEx cryptocurrency exchange. | Initial investment. Round participant. |