As a result of feedback from the community, a proposal for reduction of Multiplier’s V2 governance staking rewards was initiated by the DAO team on 26th October 2021 and passed on 29th October 2021.

90.87k stakedBMXX voted “YES: reduce by 75%” (96.95%)
2.76k stakedBMXX voted “YES: reduce by 50%” (2.95%)
100 stakedBMXX voted “YES: reduce by 25%” (0.11%)
0 voted “NO”

The DAO team’s executor will implement the reduction of bMXX rewards for governance staking from the current 1,200 bMXX daily payout to 300 bMXX daily payout.

The community may review the governance rewards again in the future should bMXX price becomes favourable for an increased payout. The DAO team thanks everyone in the community who voted and participated.

Links: Website | Medium | Twitter | Telegram | GitHub

The proposal to migrate >50% of bMXX’s total liquidity to Biswap and apply for Biswap’s $10M funding from Multiplier Governance passed on 28 October 2021.

The team will migrate and list bMXX on Biswap in the coming days.

112.25k stakedBMXX voted “YES” (98.22%)
2.03k stakedBMXX voted “NO” (1.78%)

1) DAO treasury will add additional 12.5k BNB / 12.5k bMXX to Biswap.
2) Migrate >50% of bMXX’s total liquidity from ApeSwap to Biswap.
3) Apply for Biswap’s $10M funding.

Keep an eye out for further announcements regarding this listing, as well as other promotional campaigns and progress of applications!

Links: Website | Medium | Twitter | Telegram | GitHub

The journey towards decentralization continues with the release of the new Multiplier Governance!

The decision-making power rests with the community now, so whether these proposals go through is up to you!

We invite you to actively participate in the governance of the Multiplier Lending Protocol!

How to Submit a Proposal

Step 1
Users are strongly advised…

Our first decentralized application - Simplified Stable Bonds (SSB), as well as the MXX to bMXX converter/bridge will be deprecated on 1st November 2021.

All SSB contracts have reached their maturity and are ready to be claimed. For users that have previously created SSB contracts, please claim your minted MXX tokens before 1st November 2021.

The MXX to bMXX converter will also cease services on 1st November, in tandem with the closure of the SSB platform.

For further questions, please approach any of our friendly admins in Telegram or Discord. Thank you for your continued support!

Links: Website | Medium | Twitter | Telegram | GitHub

Multiplier has recently begun shortlisting community members who are keen to bring the Multiplier lending protocol to the next level, and we’re finally ready to announce our confirmed 9 Council Members.

Council Members

Telegram IDs

  1. Finball
  2. JosephReddy
  4. SupermanR
  5. Kelverbird
  6. deeply_blue_sea_999
  7. Happydefi
  8. Heidefi
  9. Holla123456

Stay tuned for continued DAO updates coming soon.

Links: Website | Medium | Twitter | Telegram | GitHub

Multiplier is proud to announce the 14 winners of the recent Mr. Multiplier NFT Campaign. These 14 winners are the top lenders and borrowers on Multiplier V2 and will get to walk away with a cool NFT each!

Stay tuned to our next announcement on the next upcoming campaign!

14 NFT Winners List

Top Lenders

BNB: 0x2e…db5a
ETH: 0x6b…c877
BTCB: 0x79…8c73
BUSD: 0xcc…1f8e
USDC: 0x48…93d0
USDT: 0x89…e1be
DAI: 0x48…93d0

Top Borrowers

BNB: 0x79…8c73
ETH: 0x89…e1be
BTCB: 0x79…8c73
BUSD: 0x48…93d0
USDC: 0xca…9d6d
USDT: 0xd6…cc54
DAI: 0xb1…0b59

*NFT Prizes will be distributed to wallets mentioned above within 7 days.

Links: Website | Medium | Twitter | Telegram | GitHub

Full Decentralisation

The Multiplier Team is excited to announce that we will be launching the Multiplier DAO.

Multiplier will put in place a governance framework that will allow us to transition from a team-run protocol (centralised) to a community run protocol (decentralised).

The Multiplier team will gradually empower community protocol over the…

Multiplier Finance is proud to bring you our very own Mr. Multiplier NFTs! Only 42 Mr. Multiplier NFTs will be created, each unique in its own way.

These limited edition NFTs will be distributed through a lending and borrowing competition on Multiplier V2 lending protocol, whereby the top lenders and…

New Lending & Borrowing Incentives!

Multiplier is proud to announce the official launch of V2 on 19th August 2021, which includes the launch of incentivized lending and borrowing pools!

After launching V1 in late February 2021, the lending protocol has since grown to over 25 million in cross-chain TVL with over 7000 token holders!



Untold Multiplying

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