Moonwell

Moonwell is a decentralized finance (DeFi) protocol that enables seamless lending and borrowing. $WELL, the native token, plays a pivotal role in a governance-driven and community-focused ecosystem.

Moonwell is a decentralized, secure, transparent, and profitable exchange. It utilizes blockchain technology and modern finance to create a robust, secure, and profitable ecosystem.

Moonwell Token's unique features aim to provide a sustainable and profit-pulling ecosystem to its users. Designed as a utility token, Moonwell Token serves as the token for the Moonwell ecosystem, enabling its holders to participate in governance and staking.

Moonwell operates through liquidity pools where users deposit assets and receive mTokens representing their share of the pool. These mTokens automatically accrue interest, which fluctuates based on supply and demand dynamics governed by algorithmic interest rates.

Borrowers must maintain collateral above their borrowed amount to ensure the system’s stability. Moonwell supports multiple blockchain networks and a wide range of assets.