Multi-Chain Capital (MCC) offers a seamless way for the decentralised finance users (DeFi) to make the most from the yield farming investments. Operating on twin protocol – Ethereum and Binance Smar chain, the MCC returns the yields that are available on the various Layer-1 chains and offers them to the Ethereum users.
The holders of the MCC crypto can take the dual advantage of profits earned from farming at the same time keeping it in their investment portfolios. The MCC token on Friday was gaining traction within the investors as it saw a price rally by 19% and a volume spike by 92%.
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MCC has, in fact, been doing reasonably well in December following the news of US $60 million investment of Binance in Multichain on 19 December. Since then, the token has seen steady rally which saw its price jump to US$0.00005096 on 30 December. In fact, in the past one week it has been one of the few crypto tokens which has steadily maintained rally of close to 16%.
Besides, the MCC protocol on Friday also announced its future roadmaps, wherein it announced that tax reduction from 10% to 8% and extending its period of locked liquidity to 100 years to showcase the long-term plans of the project commitment to the project. This, the MCC believes, would help them to sustain trading volumes at the same time will help them to get ready for its flagship DeFi product, which is expected to come out in the Q1 2022.
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Why choose MCC crypto?
Multi-Chain Capital (MCC) is governed by its native token MCC and is 2981 on CoinMarketCap. The MCC token was trading at US$0.00004805 with a trading volume of US$3,213,837. At the time of drafting, MCC 17.26%, with a fully diluted market cap of US $48,052,597 and a maximum supply of 1,000,000,000,000 MCC coins.
The Multi-Chain Capital would hope that the ambitious DeFi project will help it to kick on and establish itself as a strong player in the DeFi space. Whether it is able to do it or not only time will tell, but the token has got the momentum on its side as it enters 2022.
