Mew Finance
Mew Finance is a decentralized finance (DeFi) platform operating on the Ergo Blockchain. Launched in October 2024, it aims to provide a suite of innovative, accessible, secure, and user-centric financial applications. The platform is known for its distinctive visual theme and focus on community engagement.
Platform Overview
Mew Finance launched with six core products in Q4 2024, providing a comprehensive DeFi ecosystem on the Ergo blockchain. The platform features a distinctive visual theme and strong focus on community engagement through its tier system and partnerships.
- Six Core Products: DEX, Mart, Store, Fund, Tools, and Fun services
- Tier System: Revenue sharing and benefits for active community members
- High Liquidity: MEW token ranked 3rd most liquid on Ergo blockchain
- Community-Driven: Strong focus on user engagement and partnerships
Mew DEX
A decentralized exchange designed for simple and fast token trading on Ergo, with zero fees for Tier 6 members and revenue sharing for eligible tiers.
Tier System
Six-tier system offering revenue sharing, zero DEX fees for top tiers, and MEW Kitty NFTs providing additional benefits and recognition.
Products, Services & Community FeaturesClick to expand
Products and Services
Mew Finance launched with six core products in Q4 2024:
Mew DEX
A decentralized exchange designed for simple and fast token trading on Ergo.
Mew Mart
A marketplace for trading various tokens and NFTs within the Ergo ecosystem.
Mew Store
A marketplace focused on physical assets, including collaborations like the Sigma Shop.
Mew Fund
A platform facilitating community-driven investments.
Mew Tools
A collection of utilities to assist users with blockchain transactions.
Mew Fun
A lottery service developed in collaboration with ErgOne, aimed at improving liquidity for both projects.
MEW Tier System
Mew Finance utilizes a tiered system to reward user engagement and investment in the platform. Higher tiers offer greater benefits.
Benefits:
- Revenue Sharing: Tier 4, 5, and 6 members share 5% of the service fee revenue (from Mart, Store, Tools, Fund).
- DEX Fee Revenue Sharing: Tier 6 members exclusively share 5% of the DEX fee revenue.
- Zero DEX Fees: Tier 6 members enjoy zero fees on transactions made through Mew DEX.
MEW Kitty NFTs: Associated with the tier system, these NFTs provide additional benefits or recognition. As of Q4 2024, 25 out of 50 had been claimed.
Q4 2024 Snapshot:
Revenue Share Distributed (Q4 2024): 93.48 ERG (equivalent to 8,113.08 MEW) was distributed to eligible Tier ⅘/6 members.
Liquidity
MEW Token
As of the end of Q4 2024, the MEW token was reported as the 3rd most liquid asset on the Ergo Blockchain (after RSN and SigUSD), with approximately $200,000 in DEX liquidity.
Liquidity Boosting
A "Mew Christmas Sale" in Q4 2024 successfully sold 20,000 ERG worth of MEW tokens. All ERG proceeds were used to increase the liquidity of the MEW token.
Partnerships
Sigmanauts
Partnered to launch the "Sigma Shop" on the Mew Store, offering Ergo-based merchandise.
ErgOne
Collaborated to integrate the Mew Fun lottery, aiming to boost liquidity for both Mew Finance and ErgOne.
Ergosanta
Partnership details and collaboration benefits within the Ergo ecosystem.
In a Nutshell
Mew Finance represents a comprehensive DeFi ecosystem on the Ergo blockchain, combining innovative financial products with strong community engagement through its tier system. With high liquidity, strategic partnerships, and a focus on user-centric design, Mew Finance is building a sustainable and engaging DeFi platform for the Ergo community.