[Week 1, October 2022] MEVerse Weekly Report]

MEVerse
2 min readOct 7, 2022

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5. News & Updates

🔶 MEVerse DEX MEFI Token Block Emission Updates
On Oct 13th, 2022, at 09:00 UTC, MEVerse DEX MEFI Token block emission will be adjusted to 0.066 per block from 0.088 per block. After the updates, MEVerse Docs will be updated as well.

MEVerse DEX
MEVerse DEX Docs

🔶 MEVerse DEX Protocol Fund Usage
MEVerse Team has proceeded buyback and provided liquidity to sustain value of MEFI.

Details are as follows.

📍Details
* 202.6 USDC swap to 2,866 MEFI
* Liquidity Provide 2,867 MEFI with 202.6 USDC
* Liquidity Provide 11,492 MEV with 2,326 MEFI
* 12,710 MEV to transfer Burn address

(*Total: $907 based on MEV $0.014, based on MEFI price at $0.070)

We will continue to do our best to sustain the value of MEV and MEFI with protocol fund.

Thank you.

🔶 Pocket Battles: NFT War AMA

MEVerse’s first onboarding project, Pocket Battles: NFT War will hold an AMA session about the Season2 minting and future update plan on October 7th, 11:00 UTC, on the MEVerse Discord Channel.

✅AMA schedule: 11:00 UTC October 7th
✅AMA Link: MEVerse Discord

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About MEVerse

MEVerse, with its lightning-fast speed and low fees, is the most optimum platform for Metaverse, covering Entertainment, P2E games, DeFi, NFT, and others. MEVerse provides a customized multi-chain structure with an easy development environment for MApps and a fast and convenient environment for participants.

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Feel free to join and connect with us through our official channels below:

Website: https://www.meverse.sg/

Twitter: https://twitter.com/MEVerseOfficial

Telegram: https://t.me/MEVerse_EN

Discord: https://discord.com/invite/meverseofficialchannel

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MEVerse

Optimum Blockchain Metaverse Entertainment Platform