Mummy Finance is a swap and perpetual DEX that offers a variety of trading options and high liquidity for a wide range of blue chip crypto assets. The platform represents a new type of decentralized exchange due to the continuous innovation promoted by its developers.

Mummy Finance aims to become the solution for all traders who want to keep control of their capital and enjoy the best trading experience on Fantom Opera, with distinctive advantages.

• Reduced liquidation risk via Chainlink Price Feeds

• Optimal price without incurring additional cost

• Open position through a simple swap interface

MUMMY is the platform's utility and governance token, holding the token unlocks a variety of benefits.

MMY Rewards provide benefits for long-term users of the protocol, these rewards come in the form of Escrowed MMY and Multiplier Points

MLP is the platform's liquidity provider token

MLP consists of an index of assets used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on (the total worth of assets in the index including profits and losses of open positions) / (MLP supply).

Holders of the MLP token earn Escrowed MMY rewards and 60% of platform fees distributed in FTM. Note that the fees distributed are based on the number after deducting referral rewards and the network costs of keepers, keeper costs are usually around 1% of the total fees.

As MLP holders provide liquidity for leverage trading, they will make a profit when leverage traders make a loss and vice versa.