[Week 4, September 2022] MEVerse Weekly Report]

5. News & Updates

🔶 MEVerse DEX MEFI Token Block Emission Updates

On Sep 28th, 2022, at 09:00 UTC, MEVerse DEX MEFI Token block emission is adjusted to 0.088 per Block from 0.11 per Block. Also, the MEVerse DEX’s Docs have been updated as it adjusted. Please refer to Docs.

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

1,241.5 USDC swap to 17,451 MEFI
Liquidity Provide 17,228 MEFI with 1,242.5 USDC
Liquidity Provide 70,000 MEV with 13,413 MEFI
80,750 MEV to transfer Burn address

(*Total: $5,354 based on MEV $0.013, based on MEFI price at $0.071)

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

Thank you.

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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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