[Week 1, October 2022] MEVerse Weekly Report]

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