Introduction
Marking the new era of trading on Fantom
Last updated
Marking the new era of trading on Fantom
Last updated
Mummy Finance have started as builders on Fantom Opera, we have always strived for the best for this chain and have consistently contributed our utmost efforts. Unfortunately, a recent incident has caused concern among Fantom users regarding the potential loss of blue-chip tokens and stablecoins. However, we are pleased to inform you that thanks to the swift response of the Fantom Foundation, in close collaboration with LayerZero and Axelar, we have managed to ensure the safety of Fantom Opera.
Now, it is time for Mummy Finance to adapt to the prevailing circumstances. Mummy has consistently provided the finest platform for perpetual trading and swapping blue-chip tokens and stablecoins on Fantom Opera. However, we are thrilled to announce that we are taking a step further to expand our offerings. With great enthusiasm, we are introducing Skeleton Finance, the V3 AMM DEX, which supports an array of new assets such as WBTC, WETH, USDC, USDT, and DAI. These assets are made available through our partnership with LayerZero and Axelar, and the platform will be launching on Fantom Opera.
Skeleton is the Automated Market Maker (AMM) that ushers in a new era of trading on Fantom Opera. Leveraging the concentrated liquidity market maker concept pioneered by Uniswap V3, Skeleton strives to enhance capital efficiency and address the limitations of the traditional automated market maker model's original formula. It is positioned to be the pioneering native liquidity layer, founded on principles of collaboration and community empowerment.
Experience a new level of liquidity provision with Skeleton's groundbreaking Concentrated Liquidity model. This innovative approach optimizes fund utilization by strategically allocating them within precise price ranges, eliminating inefficiencies in traditional pools. Skeleton surpasses Uniswap V3 and other platforms with lower tick ranges, dynamic fees, and impressive earning fees of up to 10% exclusively for Meme protocols. Collaborative efforts with DEX aggregators are underway to enhance trading fees and drive growth within the Fantom network. Discover unmatched liquidity benefits and elevate your trading endeavors with Skeleton Finance.
Backed by strategic partners and liquidity providers, Skeleton Finance grants users access to extensive liquidity through smart router technology. This combination instills confidence in traders, ensuring they receive the most favorable rates. By continuously scanning available pools, the advanced routing engine optimizes returns for each transaction, allowing Skeleton users to consistently maximize profits and enjoy a smooth trading journey.
Skeleton aligns with the mission of Fantom, aiming to promote widespread crypto adoption and enhance accessibility and integration of new protocols. It strives to become the liquidity backbone of these launching chains, offering a go-to platform for ANY protocols to place liquidity. Our goal is to make DeFi user-friendly and extend the advantages of scaled Fantom to a wider audience.
At Skeleton, we embrace the concept of a "fair launch." There are no VC investments, seed rounds, or private token sales. We are dedicated to distributing our airdrop and token supply equitably among a diverse range of participants. Skeleton is a project owned by the community, actively involving them in the co-creation process. We firmly believe that true progress comes from placing trust in the community and fostering complete community ownership as we collaborate towards a brighter future.
Skeleton has been meticulously crafted to provide users with a seamless trading experience accompanied by unrivaled capital efficiency. It incorporates an array of exceptional features, such as concentrated liquidity, non-fungible liquidity, and flexible fee structures. These elements work in perfect synergy to optimize trading operations and elevate user satisfaction to new heights.
