Summary

Multi-Chain Lend (MCL) is an algorithmic money market system designed to bring secure and unique lending and borrowing opportunities like flash loans onto the Binance Smart Chain. The protocol designs are architected and forked based on Aave with revenue sharing components for liquidity providers and token holders that govern the protocol. bMXX, a BEP-20 token, will be the governance token of Multi-Chain Lend (MCL).

AAVE

Multi-Chain Lend (MCL)

Token Chain

Ethereum

Binance Smart Chain

Token Ticker

Aave (Aave)

(100 Lend : 1 Aave)

bMXX

Conversion rate (100 MMX : 1 bMXX)

MXX converted to bMXX are burned

Token Utility

· Protocol Governance

· Safety Module

· Earn Aave (Aave)

· Protocol Governance

· Revenue Sharing

· Participation Incentives (earn bMXX)

Interest Type

· Fixed

· Variable

· Fixed

· Variable

Flash Loan

Yes

Yes

Borrow Fees

Starting at 0.25% of loan origination fee.

· 80% Swap to LEND token and Burned

· 20% for referral integrators

0.001% of loan origination fee.

Distribution:

· 70% to Liquidity Provider

· 20% Governance Pool

· 10% Reserve Pool

Flash Loan Fees

0.09% fee

· 70% for Liquidity Provider

· 24% Swap to LEND token and Burned

· 6% for referral integrators

0.06% fee

Distribution:

· 70% to Liquidity Provider

· 20% Governance Pool

· 10% Reserve Pool

Liquidation Fee

5% - 15%

10%