Mercurial Finance (MER) - Solana's first Multi Token Stable Swap. It delivers swaps for stable coins and forex pairs, allowing liquidity providers to leverage dynamic fees to boost LP revenues and granting users power to participate in decision-making through its DAO program.
Mercurial Finance, in addition to offering models for stablecoins, also uses x:y ratios in its pricing models (not 1:1 ratio like stable pairs). Mercurial Finance tries to use them on assets that fluctuate in a predictable range, like as Forex pairs.
MER Token is a utlity and governance token for Mercurial Finance which now supports only four stable tokens: USDC, USDT, PAI, and wUST. Total MER Token Supply is 1,000,000,000.
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