🌈veMMF

Lock your MMF up, vote for emissions and earn bribes at the same time.

Lock xMMF for veMMF to receive a share of platform profits & use veMMF tokens to receive yield farming boosts!

For users/xMMF holders

  1. Lock your xMMF tokens at https://arbimm.finance/xmmf to get veMMF tokens. These tokens will represent your voting power. The more tokens you have, the more say you have in directing the future of the protocol. When your xMMF tokens are locked up, you will be able to still earn APR. Remember, longer lock-ups equates to a higher boost in the amount of veMMF tokens you have. This incentive is provided to those who believe in the protocol long term, and are willing and able to lock their MMF tokens for longer periods of time.

  2. Head to our liquidity gauge page at https://arbimm.finance/governance This page will allow you to vote for projects that you believe in. You can assign a weightage, between 0%-100% for each project that you believe in, and your veMMF tokens will be allocated accordingly. Some projects might choose to bribe you into voting for them. This is represented in the voting dashboard where you can see the type of tokens you will be paid in, and the amount that will be released to you in the next cycle. Each voting cycle takes 2 weeks, and any rewards that you are entitled to from the previous cycle will be disbursed across this 2 week period.

  3. At the end of each cycle, liquidity farms will be created for projects based on the amount of veMMF tokens that has been used to vote for each project. As a xMMF/veMMF holder, you can continuously take part in the governance process to direct the future of liquidity in the Arbitrum ecosystem. At the same time, you get to earn bribes from projects that seek to build liquidity on the MM Finance DEX.

For projects

  1. You will be able to register your protocol through the MM Finance team manually by sending us on telegram to https://t.me/utanboss

    • Token logo SVG (no background)

    • Wallet address you wish to whitelist for depositing into the governance bribe pool

    • Your token address and symbol

    • The LP you would like your token to be formed with (eg, USDC or wETH or MMF)

  2. Once our site is up, the whitelisted wallet address will be able to contribute your native tokens into the governance bribe pool directly.

  3. After each voting cycle, your project's token will be added/updated into the MM Finance masterchef. After your project finish 1 cycle, farm will automatically be created.

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