Mercurial Finance logo
WebsiteRaydium LaunchpadGate LaunchpadFTX Launchpad

Mercurial Finance (MER)

IDO
IEO

Mercurial is building DeFi’s first dynamic vaults for stable assets on Solana, providing the technical tools for users to easily deposit, swap and mint stable assets.

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Overview

Project industryBlockchain Infrastructure
Product typeService

What is Mercurial Finance

Mercurial is building DeFi’s first dynamic vaults for stable assets, providing the technical tools for users to easily deposit and mint stable assets, generating liquidity for their own requirements or offering them to ecosystem participants with such demands.

To optimize performance, assets will be dynamically used to facilitate a wide range of use cases, from low slippage swaps, lending, flash loans and external third-party decentralized protocols. Key transactions like withdrawing and swapping in the same transaction are made possible thanks to the strong performance capabilities of Solana.

To further increase the availability of pegged assets in the Solana ecosystem, we will allow the creation of synthetics, like mUSD or mBTC. These assets can be added to our vaults to both improve liquidity for other stables, as well as ease the interaction with other third-party decentralized protocols.

Details

IDO (Raydium Launchpad): May 19, 2021 - May 19, 2021
IEO (Gate Launchpad): May 13, 2021 - May 14, 2021
IEO (FTX Launchpad): May 13, 2021 - May 13, 2021
Token supply: 1,000,000,000 MER
Total tokens for sale: 4,000,000 MER
Hard cap: 400,000 USD
Raised: 500,000 USD

Legal

Blockchain Platform: Ethereum

Token info

Ticker: MER
Token price in USD: 1 MER = 0.1 USD

Project team

Siong
Siong
Lead
Ming
Ming
Co-Lead
Loi
Loi
Co-Founding Advisor
Andrew
Andrew
Head Researcher

Social media

Mercurial Finance web-siteMercurial Finance MediumMercurial Finance TelegramMercurial Finance X (Twitter)

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