Multiplier MCL v2 Litepaper
Multiplier Finance is delighted to announce that we have released the Litepaper for Multi-Chain Lend (MCL) V2. MCL V2 would be released by Q3 2021 and would be deployed on Binance Smart Chain, followed by Cardano.
Inspired by Aave and other leading protocols, MCL V2 Litepaper introduces key changes that improve on various aspects of MCL V1, which include lenders and borrower incentives, revised protocol revenue models and deflationary mechanisms. Brand new features such as batch flash loans, collateral swaps, MCL liquidation bot, and statistics APIs will also be introduced in MCL V2.
Multiplier made waves back in February 2021, when it established liquidity pools across two chains and migrated its users seamlessly from Ethereum to BSC, while keeping a shared token supply. MCL now has more than 6000 holders across Ethereum and BSC. The plan to establish MCL V2 on Cardano would see Multiplier exist across 3 chains, boosting cross-chain mobility, Multiplier’s user count and TVL.
Litepaper Link: https://mcl-docs.multiplier.finance/mclv2/
