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Midas Launches Two New DeFi Structured Products on Etherlink

Midas expands its institutional-grade tokenization suite with mMEV and mRe7YIELD, leveraging Etherlink’s speed and compliance to enhance access to structured yield products.

Summary

Midas has introduced two new tokenized DeFi strategy products, mMEV and mRe7YIELD, on Etherlink, targeting institutional investors. These ERC-20 tokens build on previous successes, having locked in $11 million in total value. The products aim to provide compliant, self-custodied investment options, facilitating complex strategies efficiently and bypassing traditional intermediaries.

Terms & Concepts
  • DeFi: Decentralized Finance, a blockchain-based form of finance that does not rely on traditional financial intermediaries.
  • ERC-20: A standard for fungible tokens on the Ethereum blockchain, allowing for interoperability between different tokens.
  • MEV (Miner Extractable Value): The profit that miners can make through their ability to include, exclude, or reorder transactions within the blocks they produce.