Fredrick Amankwah's Contact Details

Fredrick Amankwah's Company Details

Mrweb Finance

, , • 6 Employees
Internet

MrWeb Finance is a decentralized financial ecosystem. The network integrates a variety of DeFi features, including Staking, Liquidity Mining/Yield Farming, DeFi Lending, DEX, and Token Bridge. MrWeb Finance intends to offer some of the highest staking/farming rewards in the market. As such, Mrweb Finance hopes to become more popular in the market soon. What Problems Does MrWeb Finance Attempt to Fix?MrWeb Finance seeks to help new users avoid some common pitfalls DeFi investors encounter. For one, the platform runs on Tron's blockchain, so it's much cheaper to operate and far more scalable. For comparison, Ethereum can handle around 13 transactions per second (tps). Tron can handle 2000 tps. More scalability directly equals lower fees. For example, Ethereum, the world's #1 DeFi blockchain, was built to raise its fee to help slow down market use during congestion. This strategy has backfired, and now the entire network is congested with delays and record gas fees. The added scalability provides MrWeb Finance with the ability to scale up to meet customer demand when needed.AMA TokenMrWeb Finance introduces a new native cryptocurrency AMA. The AMA token serves a vital role in the network in terms of user interactions. Users can stake, yield farm, and lend out this token. It's also how you pay your fees and receive rewards. Notably, there is only 100,000,000 AMA scheduled for release in total.