My Liquidity Partner (MLP) Token Debuts On LBank Exchange ⋆ ZyCrypto

My Liquidity Partner (MLP) Token Debuts On LBank Exchange

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On June 23, 2022, My Liquidity Partner (MLP) launched on LBank Exchange.

My Liquidity Partner (MLP) lets liquidity partners receive a weekly passive income from a significant DEX with over $1 Trillion U.S. Dollars in trading activity by utilizing their crypto within the liquidity pools. On June 23, 2022, at 22:00 (UTC+8), its native token MLP was launched on LBank Exchange, furthering its global reach and assisting it in realizing its objective.

My Liquidity Partner

With the help of My Liquidity Partner (MLP), liquidity partners can generate additional weekly passive income from their crypto holdings without having to spend all day staring at the charts. With the help of its cutting-edge algorithms and knowledgeable staff, it can offer its liquidity partners a WEEKLY return on their investment because it uses their cryptocurrency within the liquidity pools and runs on Uniswap. It promises to match its liquidity partners’ ETH or BTC with its own committed cryptocurrency.

Liquidity Partners of MLP receive a partnership fee on their Ethereum (ETH) that ranges from 0.75 percent to 2.50 percent. The option for the partner is to pick between weekly payouts and “Hyper-Compounding.” These Liquidity Partners also have access to BTC, SHIBA, and USDC pools. The USDC pool has a little lower weekly return rate but is valued for its stability due to its merits (being a stable coin). Since the minimum deposit is 0.5 BTC, the BTC pool is for individuals who want to take part in a greater payout pool. It also features a pool for crypto natives who own SHIBA. (*Promotional offers and limited-time specials may still be available.)

Users of MLP will be able to benefit from a number of features, including returns estimated at 117 percent annual percentage return and 218 percent annual percentage yield with hyper-compounding, as well as no lock-in period so users can withdraw at any time. Additionally, the platform, not the liquidity partner, assumes all ongoing risks related to pool administration.

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MLP has a global team of professionals working for it, and it offers a platform that has been expertly created with sophisticated smart contract automation. Each partner must undergo a thorough KYC approval prior to interacting on this highly secured platform, which has customer support representatives available every day.

MLP Token

As a gesture of appreciation for its Partners’ engagement in the program, My Liquidity Partner offers the MLP token to its current Liquidity Pool Partners as a loyalty award. By using the MLP token, those who cannot afford to join the pool can still benefit from the platform and have access to quick liquidity while doing so. On a number of the biggest decentralized exchanges, the token will also be a staking and farming token.

Based on ERC-20, MLP has a total supply of 10 billion (or 10,000,000,000) tokens, of which 8% will be used for the token sale, 10% for incentives, 30% will be used to provide liquidity on DEX and CEX, another 30% will be used for LP rewards, 8% will be used for a reserve fund, 7% will go to the team and advisors, 5% to the community, ambassadors, and partners, and the remaining 2% will be used for other purposes.

Anyone interested in the My Liquidity Partner program will be able to simply acquire and sell the MLP token on the LBank Exchange by June 23, 2022, at 22:00 (UTC+8). MLP’s listing on LBank Exchange will surely aid in its business growth and increase market visibility.

Source: https://zycrypto.com/my-liquidity-partner-mlp-token-debuts-on-lbank-exchange/