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December 5, 2023
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Moai Finance Launches DEX on The Root Network
Moai Finance is set to bring an array of DeFi functionalities to The Root Network, including earnings, swaps, launchpad services, lending, and more.
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We are thrilled to share that Moai Finance has launched on The Root Network. Moai Finance is set to enrich The Root Network with an array of DeFi functionalities, including earnings, swaps, launchpad services, lending, and more. They are committed to contributing to and strengthening the diverse ecosystem that Futureverse and The Root Network has fostered.

Introducing Moai Finance

Moai Finance, a multi-chain DEX and DEX aggregator, is primarily focused on the XRP ecosystem. With the aim is to address the issue of liquidity fragmentation, a challenge arising from the limited sharing of $XRP between XRPL and various side chains. As a comprehensive DeFi solution, Moai Finance offers integrated liquidity provision and an array of financial services, including earning, swapping, lending, and staking.

Moai Finance in the The Root Network and Futureverse Ecosystems

As a versatile DeFi protocol, Moai Finance brings a suite of features to the The Root Network ecosystem:

  • Moai Swap: An AMM-based DEX for asset swap.
  • Moai Pool: Engage in liquidity provision to earn LP Fees, $ROOT incentives, and $MOAI rewards.

and more to come such as:

  • Moai Link: Our multi-chain bridge seamlessly connects Futureverse to other chains in the Moai Finance network, enabling a diverse asset support.
  • Easter Mode: This feature powers the cross-chain DEX aggregator, supporting various chains and assets, and enhancing the trading experience.
  • Moai Lending: A platform for depositing or borrowing a variety of assets.
  • Launchpad: A fair, auction-based platform supporting the token launch of new projects joining the network.

Fostering Community Growth

Moai Finance believe in putting the ecosystem and community first. To demonstrate their commitment, they will be allocating 10% of our total protocol revenue to The Vortex in the form of $MOAI, directly benefiting and enriching the The Root Network ecosystem.

Upcoming Milestones

Moai Finance has an exciting roadmap ahead, with several key developments scheduled:

  • Q4 2023: Launch of DEX, the initiation of FutureScore Quest: The Trade, and Campaign 1: Voyage to the Future.
  • Q1 2024: Launch of Moai Lending, expanding our DeFi offerings.
  • Q2 2024: The rollout of Moai Link and the eagerly anticipated Easter Mode, further enhancing our cross-chain capabilities.

Links

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