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What currency is mai (what currency is m coin)

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what currency is mai

what currency is mai token based on Ethereum blockchain. The goal is to enable people to create a free and decentralized financial system without smart contracts According to the introduction, mai is a network composed of three main modules: asset storage, trading platform, and lending agreement. The assets are stored in accounts on two platforms, called depositors and lenders (Deposits). Users can use this application for collateral to generate DAI; The borrower, on the other hand, needs to convert their digital currency into DAI and then transfer these funds to the bank, or borrow from DAI or USDC in other ways

What is M-coin?

The “M-coin” displayed on the M-coin official website is a decentralized digital asset trading platform, and its issuance mechanism is similar to Bitcoin. It is a smart contract developed based on ERC20 tokens. The project is led by the Singapore blockchain investment fund DraperDragon, and is co invested by other globally renowned institutions such as Coinbase, OKEx, and Huobi

It is reported that M-coin is a Cryptocurrency exchange developed based on ERC2.0 protocol. M-coin is launched by the mBTC team and supports multiple digital currency transactions and mining methods.

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