From DefiLlama
Jump to navigation Jump to search

Moonwell is an open lending & borrowing DeFi protocol built on Moonbeam and Moonriver.

MFAM Token

MFAM is the native governance token of the Moonwell Apollo protocol. MFAM can be staked in the Moonwell Safety Module, which backstops the Moonwell Apollo protocol in the event of a shortfall event.

Token on Moonwell Apollo

Users can lend and borrow 6 different assets (MOVR, BTC, WETH, USDC, USDT, FRAX)