[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 Protocol Fund Usage
MEVerse Team has proceeded buyback and provided liquidity to sustain value of MEFI.
Details are as follows.
* 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.
🔶 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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