Moonlander Announces Upcoming Launch on Cronos zkEVM
Oracle-Based Perpetual Decentralized Exchange Promises High Leverage Trading and Transparent, Low-Cost Transactions
Key Takeaways
Moonlander, an oracle-based decentralized exchange (DEX), will soon launch on the Cronos zkEVM, bringing high-speed and low-cost trading to the #CROFam community.
The platform offers up to 1000x leverage on perpetual trades, deep liquidity pools, and a familiar interface for both new and experienced traders.
Moonlander operates with two primary tokens: $FM, the native token for rewards, and $MLP, the core liquidity token. Both can be staked for additional rewards and yield.
Early adopters will be eligible for special rewards as part of the launch, with more details to be released soon.
Introduction
Moonlander, an oracle-based perpetual decentralized exchange (DEX), has announced its upcoming launch on the Cronos zkEVM. This innovative platform aims to transform perpetual trading by leveraging Layer 2 zk-technology, which enables high-speed transactions and reduces costs for traders. Designed with transparency and decentralization in mind, Moonlander provides a trading experience that caters to both beginners and seasoned traders alike.
The platform is set to offer significant benefits to users, including high-leverage trading of up to 1000x and deep liquidity pools that ensure minimal price impact. Moonlander’s user interface is designed to be intuitive and familiar to experienced traders, while also simplifying the trading process for newcomers to perpetual contracts.
Powering Moonlander: $FM and $MLP Tokens
Moonlander operates using two primary tokens: $FM and $MLP. The $FM token serves as the native asset of the platform, driving Moonlander's reward system. Users who stake $FM can earn additional tokens such as $CM and $zkCRO, with $CM offering further yield opportunities.
The $MLP token is the core liquidity asset on Moonlander, supporting the platform's deep liquidity pools. Staking $MLP not only grants rewards in $CM, but also allows for auto-compounding of protocol revenue, which directly contributes to increasing the value of $MLP.
Staking Opportunities and Rewards
The staking mechanism within Moonlander is designed to provide multiple streams of rewards for token holders. By staking $FM, users can earn $CM and $zkCRO tokens, and $CM itself can be further staked for additional yield. The auto-compounding feature for $MLP stakers ensures that a portion of the platform's revenue is reinvested into the liquidity pool, enhancing the token’s price growth over time.
Early Adopter Rewards
As Moonlander prepares for its launch, early community members will have the opportunity to earn special rewards. Further details about the rewards program are expected soon. In the meantime, users are encouraged to follow Moonlander's updates and join the community on Discord to stay informed about the latest developments.
For more information about the platform, including the official documentation, visit docs.moonlander.trade and follow @moonlandertrade on social media.