Venus1100
Active member
Moonwell is a Polkadot smart contract parachain Moonbeam-based open lending DeFi protocol. It allows users to over-collateralize and lend cryptocurrencies, similar to well-known lending products such as Aave, MakerDAO, Compound, and others. Following in the footsteps of the Polkadot ecosystem, Moonwell first deployed test products on Moonriver, Moonbeam's companion network, before launching on the main website.
Moonwell Apollo (MFAM is listed on MEXC) is a Moonwell project deployed on Moonriver, while Moonwell Artemis is directly deployed on Moonbeam. Moonwell Apollo (MFAM) was launched in February 2022, and its TVL has already surpassed 240 million US dollars after only a month. It currently supports six types of asset lending: MOVR, BTC, WETH, KSM, USDC, USDT,FRAX.
Moonwell Artemis will be available on Moonbeam in April 2022. It currently supports six asset lending currencies: GLMR, BTC, WETH, DOT, USDC, and FRAX.
Moonwell Apollo (MFAM is listed on MEXC) is a Moonwell project deployed on Moonriver, while Moonwell Artemis is directly deployed on Moonbeam. Moonwell Apollo (MFAM) was launched in February 2022, and its TVL has already surpassed 240 million US dollars after only a month. It currently supports six types of asset lending: MOVR, BTC, WETH, KSM, USDC, USDT,FRAX.
Moonwell Artemis will be available on Moonbeam in April 2022. It currently supports six asset lending currencies: GLMR, BTC, WETH, DOT, USDC, and FRAX.
