Multiswap is an entire technological stack of DeFi solutions, built as a
fully decentralized and autonomous infrastructure, managed by smart
contracts, on top of which additional applications can be built.
MSWAP is the native utility token that is used for:
- Protocol’s Governance voting is weighted by MSWAP for decisions related to protocol parameters and upgrades of the smart contract. It can be compared to MakerDAO’s governance where stakeholders vote on current and future parameters of the protocol.
- Vote pools’ governance, where one’s governance is weighted based on their share in the pool.
- Vote pool’s size of a certain currency determines said currencies position on the list.
- Vote pools receive 5% of fees and interest collected from lending and swap pools for the currency they vote for.