Moonwell ApolloPrice(MFAM)
Details Moonwell Apollo (MFAM) Price information (USD)
The current real-time price of MFAM is $0.0000048. In the past 24 hours, MFAM has traded between $0.0{5}4750 and $0.0000049, showing strong market activity. The all-time high of MFAM is $0.2190, and the all-time low is $0.0{5}3640.
From a short-term perspective, the price change of MFAM over the past 1 hour is
Moonwell Apollo (MFAM) Market Information
Moonwell Apollo (MFAM) Today's Price
The live price of MFAM today is $0.0000048, with a current market cap of $2,981.886. The 24-hour trading volume is 24.11. The price of MFAM to USD is updated in real time.
Moonwell Apollo (MFAM) Price History (USD)
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What is MOONWELL APOLLO (MFAM)?
When is the right time to buy MFAM? Should I buy or sell MFAM now?
Before deciding whether to buy or sell MFAM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MFAM technical analysis can provide you with trading references.
Future price trend of MFAM
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MFAM.
How much will MFAM be worth tomorrow, next week, or next month in ? What about your MFAM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MFAM Price Prediction
How to buy MOONWELL APOLLO (MFAM)
Convert MFAM to local currency
MFAM Resources
To learn more about MFAM, consider exploring other resources such as the whitepaper, official website, and other published information:
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MOONWELL APOLLO (MFAM) FAQ
What is Moonwell Apollo (MFAM) and what is its primary utility?
MFAM is the native token of Moonwell Apollo, a decentralized lending and borrowing protocol based on the Moonriver network. While it serves as a governance token allowing holders to vote on protocol upgrades, its utility has expanded through recent updates. It now includes mechanics where it can be utilized within a Stability Pool to maintain protocol solvency or as part of newer ecosystem expansions, such as the Virtuals network, where it acts as a security and governance asset.
What is the difference between the MFAM and WELL tokens?
Moonwell manages two distinct protocol deployments. Apollo (MFAM) is deployed on Moonriver, which is Kusama's parachain, and often functions as an incubation environment for testing new features. Artemis (WELL) is the governance token for deployments on Moonbeam, Base, and Optimism. Users interact with MFAM specifically when utilizing the Moonriver-based lending markets.
How can users stake their MFAM tokens?
Users can stake MFAM by connecting a Web3 wallet to the Moonwell Apollo dApp. After ensuring the network is set to Moonriver, users navigate to the Safety Module or Stability Pool sections. Staking involves approving the smart contract and depositing tokens. This process helps secure the protocol by providing a backstop against potential liquidity gaps or protocol deficits.
What are the rewards for staking MFAM and what is veMFAM?
Staking MFAM provides two main types of rewards: protocol emissions and liquidation gains. Stability Pool participants may receive discounted collateral from liquidated positions during market volatility. Furthermore, users can lock their tokens to receive veMFAM (vote-escrowed MFAM). This non-transferable version represents a user's voting power and typically provides a multiplier to increase staking reward yields.
What security measures are in place and how does the unstaking cooldown work?
Moonwell Apollo employs audits from top security firms to mitigate smart contract risks and utilizes a Safety Module as a financial backstop. To ensure protocol stability and prevent rapid liquidity outflows, an unstaking cooldown period is enforced. Once a user initiates an unstake request, they must wait 10 days before a 2-day withdrawal window opens, during which they can successfully move their tokens back to their wallet.
Where can MFAM be traded and can it be used on other networks?
MFAM is available for trading on decentralized exchanges within the Moonriver ecosystem and on centralized exchanges such as LBank. Although native to the Moonriver network, MFAM's reach has expanded through integrations with the Virtuals network. These integrations allow the token to be used as a security and governance asset in broader AI and gaming ecosystems, though its primary lending functions remain on its home chain.
