- Multipool, a leading innovator in the blockchain and cryptocurrency industry, concludes its Fjord Foundry LBP with a sellout of all 5 million tokens.
- With the close of the LBP, Multipool launched their native token, $MUL, on Uniswap V3 today with a market cap of $13M.
- “The LBP has come to a close and we’ve sold out all 5 million tokens. With the close of the LBP, we’ve now launched $MUL on Uniswap V3. A big thanks goes out to the Multipool community and Fjord Foundry for such a successful LBP,” said Steven Murray, a Core Contributor at Multipool.
Multipool successfully concludes its Fjord Foundry LBP, launching $MUL on Uniswap V3 with a market cap of $13M.
Successful Conclusion of Fjord Foundry LBP
Multipool has successfully concluded its Liquidity Bootstrapping Pool (LBP) for Fjord Foundry, selling out all 5 million tokens. This marks a significant milestone for the company, showcasing the strong demand and community support for its innovative approach in the decentralized finance (DeFi) space.
Launch of $MUL on Uniswap V3
Following the successful LBP, Multipool has launched its native token, $MUL, on Uniswap V3. This launch provides an opportunity for enthusiasts who missed the LBP to trade $MUL on Uniswap. The initial market cap of $13M highlights the strong market interest and confidence in Multipool’s vision and offerings.
Innovative Features of Multipool
Multipool is designed to transform the trading landscape for real-world assets (RWAs) and cryptocurrencies. It features a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. These features ensure fairness and equality in trading, setting a new standard in DeFi trading.
Technological Advancements
Multipool utilizes world-class innovations, including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection. These advancements provide unparalleled efficiency and security in trading, making Multipool a preferred choice for traders seeking a decentralized exchange (DEX) with centralized exchange (CEX) appeal.
Conclusion
Multipool’s successful Fjord Foundry LBP and the subsequent launch of $MUL on Uniswap V3 mark significant achievements for the company. These developments highlight Multipool’s commitment to innovation and its ability to attract strong community support. As Multipool continues to enhance its platform with cutting-edge features, it is poised to set new benchmarks in the DeFi trading space.
