Meuna 💊
@meuna_io
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29,260
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Making on-chain access to the price action of the real world-asset classes (RWAs) possible.
DeFi
Joined September 2022
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![Key L. Sparks [HiAtUs]](https://pbs.twimg.com/profile_images/1204803369061228546/KIRq4gJ_.jpg)
Oh, yes.
Prepare to test Meuna on a new chain: ETH Goerli (Testnet) 💊
Mainnet Ethereum to be supported as well once the product migrates out of the testnet period.
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A list of new assets to shortly be supported on the testnet next up:
• Chinese Yuan $RMB 🇨🇳
• Indian Rupee $INR 🇮🇳
• Brazilian Real $BRL 🇧🇷
• Saudi Riyal $SAR 🇸🇦
Long or short in a decentralized manner with Meuna.
Minted exclusively with $HAY by
@Helio_Money
.
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We are about to democratize the airdrop experience 💊
Transparent yet bot and whale resistant – prepare for the Stochastic $MEU Distribution (SMD).
*Glossary: stochastic pattern is one that may be analyzed statistically but may not be predicted precisely.
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New feature incoming from Meuna Labs: Minter Stake 💊
Any synthetic asset created using $HAY by
@Helio_Money
is going to automatically earn additional passive income.
Turn notifications on.
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Enjoying the market? 💊
Here is the last easy entry for airdrop while we prepare for the launch, made in a simple
@Galxe
campaign:
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Get your 💊 pills ready.
And prepare for... $MEU airdrop?
Details to follow. Until then – engage and use our testnet.
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It’s time 💊
Meuna’s mainnet, a synthetic RWA protocol built on top of
@Lista_DAO
, is launching this June.
The mainnet information, timelines and airdrop campaign details are on the way.
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Introducing Meuna 💊
A decentralized way to bring the real world assets on chain in a synthetic form.
With assets minted through the $HAY destablecoin, Meuna is built to provide non-interruptible tradfi experience.
Stay tuned for the testnet info – details coming this week 🩻
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Meuna's objective is to provide decentralized access to the price action of the real-world asset classes on chain.
To reach such a goal, one needs to process secure and precise prices at ultra-low latency.
Let's learn how
@PythNetwork
empowers our platform in doing so.
🧵 ↓
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We are on a full track towards a public testnet, currently processing private testers' responses 💊
So, here is:
a) your
#airdrop
hunt alert for the future $MEU token
b) your first engage "to be considered early" tweet
Until then... Get your $HAY busy by farming that $CAKE 🥞
The $HAY (
@Helio_Money
) Farm and Syrup Pool are now live!
👨🌾 $HAY-USDT Farm:
🥞 Stake $HAY, Earn $CAKE:
👉 APR will drop as liquidity increases.
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Meuna. Mainnet launch. Referral codes.
Do you have yours? Well, not a problem, no one does yet.
A hint: interact 💊
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We have successfully uploaded a copy of Meuna's lightpaper on the
@BNBCHAIN
and
@Nodereal_io
newly released
#Greenfield
Testnet.
Check it out here:
And give a try to yourself! (Find test BNB here: )
📣 The wait is finally over 📣
With the release of Congo -
#Greenfield
Testnet, we are excited to share our support and long-term contribution to
#BNB
Greenfield from DAY ONE:
🧰 DCellar
🔮 GreenfieldScan
💪
#RPC
& Data Indexing
Let's Unpack:
1/5🧵
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Update: still going through formal security audits, apologies for the delay!
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If you are interested in learning more about
@PythNetwork
's architecture, we recommend reading "Pyth: A New Model to the Price Oracle."
Meanwhile, get ready to join our incentivized testnet. Coming live later this week!
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By pairing decentralized stablecoins (HAY by
@Helio_Money
) with reliable price feeds from
@PythNetwork
,
@meuna_io
is able to provide secure, independent and uninterrupted access for users to synthetic real-world assets such as ForEx, commodities, or index funds on
@BNBCHAIN
.
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To enable on-chain access to RWAs, our system by its design depends on the oracles to establish the minting (shorting) prices and trigger the liquidations.
And so, it is imperative for Meuna's products to have uninterrupted access to accurate data (price feeds) in the real-time.
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2. Oracle Update Frequency:
On-demand price updates, allowing the asset prices to be updated every block (3 seconds for BNB Chain). In contrast, ChainLink offers price updates at predetermined intervals (1 minute for BNB Chain) or when the price deviates by 0.5% or 1%.
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*Employing the confidence intervals in place of price triggers enables the acquisition of precise data amidst highly unstable market circumstances, thereby fulfilling an indispensable operational requirement for Meuna.
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We have selected
@PythNetwork
over other alternatives to help us deliver tradfi access to Meuna users.
Why? ⚡️
1. Data Sources:
Price feeds provided directly from the data owners, such as exchanges and trading firms (as opposed to the data coming from the node operators).
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3. Circuit Breaker:
Pyth does not use price triggers to prevent certain prices from being pushed. Instead, it uses "Confidence Intervals" to ensure continuous price availability.
Competition uses price triggers with an accepted bound established when a feed is created.
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@bnbchain
Please grant me some
#BNB
into 0xff5C1d902f59ee466E95d1Ad12dc2F51c44394Fa to test
#BNBGreenfield
, the decentralized data economy.
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