BMX has deployed on Mode, an exciting and rapidly growing L2 network built on Optimism Superchain. All mechanics are mostly the same as BMX on Base, with the liquidity token MLT composed of bluechips and USDC. Similar to BLT on our deployment on Base, MLT earns fees from all trading activity on BMX on Mode.
The wrapped liquidity token, wMLT, has all the benefits expected from the Yearn-architectured wrapped liquidity vault token, wBLT. These include automatically compounding rewards, possible advantageous liquidity with other tokens in DEX pairs, and enhanced borrowing power due to the automatically compounding rewards, increasing its value over time, essentially self-repaying debt.
Where is BMX: Wrapped Mode Liquidity Token available for purchase?
You can exchange WMLT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading BMX: Wrapped Mode Liquidity Token is Velodrome Finance V2 (Mode), notably the WMLT/USDC pair, which saw a trading volume of $ 1.47 in the past day.
What is the highest value BMX: Wrapped Mode Liquidity Token (WMLT) has ever reached?
BMX: Wrapped Mode Liquidity Token (WMLT) reached its peak price at 2.3 $ on 01 October 2024, approximately a year ago ago. Presently, the current price is -40.86% lower than this all-time high.
What is the historical minimum price for BMX: Wrapped Mode Liquidity Token (WMLT)?
The minimum price reached for BMX: Wrapped Mode Liquidity Token (WMLT) was 0.6771 $, documented on 08 August 2024, more than a year ago. In comparison, the current price is 100.85%, it above this historical low.
What is the fully diluted valuation of BMX: Wrapped Mode Liquidity Token (WMLT)?
The fully diluted valuation (FDV) of BMX: Wrapped Mode Liquidity Token (WMLT) stands at $ 10,454.36. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of WMLT tokens. The realization of this FDV might take several years depending on the emission schedule of WMLT tokens.