Multi-Chain Lend is Live on BSC
Multiplier is proud to announce the official launch of Multi-Chain Lend (MCL) lending protocol with flash loan support on BSC!
MCL is an algorithmic money market system designed to provide secure and unique lending and borrowing opportunities on Binance Smart Chain. Depositors earn interest by providing liquidity to lending pools, while borrowers may obtain loans from these same pools.
The protocol designs are architected and forked based on Aave, with additional revenue sharing components for lenders and stakers.
Initially, MCL supports a range of Chainlink oracles, including Price Feeds for BNB-USD, BUSD-BNB, BTC-BNB, USDC-BNB, USDT-BNB, DAI-BNB, and ETH-BNB.
Users who deposit and provide liquidity will enjoy 70% of protocol revenue (loan origination and flash loan fees). Users who stake bMXX in the governance module will receive 20% of protocol revenue, as well as a share of 400 bMXX distributed daily. The remaining 10% goes to the Reserve Pool.
MCL is the first to support flash loans on BSC, which allows users to borrow instantly and easily; no collateral required.
MXX holders may begin converting their MXX to bMXX through the conversion platform (please note that there is a 15-minute timelock for conversions as an added layer of security).
MCL Safety & Security
Multiplier treats safety of users’ funds with utmost priority, and ensures that all protocols are thoroughly audited before release.
MCL currently has a public bug bounty program, a successful audit by CertiK, an ongoing second audit by Kudelski Security, and users’ assets will be covered by CertiKShield.
Multiplier continues to schedule an ongoing series of audits by other leading cybersecurity firms to ensure that the MCL protocol is as safe and secure as possible.
About Multiplier
Multiplier began as a CEFI Lender in 2019 before building DEFI protocols in 2020, such as Simplified Stable Bonds (SSB) Yield Farm and TakoSwap AMM DEX.
Multiplier launches MCL in 2021, a lending protocol on Binance Smart Chain with flash loan support and revenue sharing components.
The development of MCL and previous protocols are fully backed by the Multiplier team. No token sale has been conducted to date.
Official MCL Addresses
bMXX:
0x4131b87f74415190425ccd873048c708f8005823
LendingPool:
0xbc3534b076edb8e8ef254d81b81dc193c53057f7
LendingPoolCore:
0x208b95c0e8722fd52b54694a9ec90385c24c8dc1
stBMXX:
0xd68eed7a178069db86df8db77770ce5eb846dba0
LendingPoolAddressProvider: 0xcc0479a98cc66e85806d0cd7970d6e07f77fd633
RewardVault(70%):
0xa3d1dc17e24f51e698d2918a595154decaec01ed
RewardVault(20%):
0x586e3304178d8df3ad9b1cce6606ad93dcb1eafe
RewardVault(10%):
0x6a751c6855605e7ec7d71ce1d02bcd7abc594d01
