88mph logo88mph

TVL: $3.90 M

+2.44% / 7 days

 

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Description[Edit][Issue]

88mph has a variety of features that make it a good place for earning a fixed yield rate on multiple assets. By depositing your assets the protocol will make sure you will get a fixed yield instead of a variable yield rate.

Benefits[Edit][Issue]

There currently is xMPH but that’s going to be phased out. Having veMPH offers a few opportunities for its holders, compared to just having MPH of xMPH.

Voting[Edit][Issue]

A user with veMPH will be eligible to vote on governance proposals.

Gauge Weight[Edit][Issue]

Each 88mph pool will be regularly allocated MPH incentives based on gauge weights. The depositors will earn these incentives automatically when they deposit their assets.

Rewards[Edit][Issue]

There will also be a form of revenue share according to the proposal. It now suggests to share 50% of the revenue accrued by the platform with the holders of veMPH.