FameEX GLOBAL to List Enzyme

! Listing

FameEX GLOBAL will list Enzyme (MLN) on April 3.

About MLN

Enzyme, formerly known as Melon, is a decentralized protocol built on top of Ethereum and designed to manage assets on the network. The protocol gives users the ability to create, administer, and invest in customized on-chain investment structures.

The Enzyme platform streamlines various asset management activities, such as fund creation, investment requests, and transaction execution. To use the platform's services, users incur an expense called Asset Management Gas Unit (AMGU), which is paid in ETH. The governing body of the Enzyme Council, the DAO, has the power to adjust the price of AMGU based on the prevailing conditions on the network.

The native token Enzyme, MLN, follows a monetization and burning model. Every year, 300,600 MLN tokens are minted, the distribution of which is determined by voting. The primary purpose of these tokens is to compensate the work of developers and participants who support the operation of the platform. After receiving fees in ETH, the Melon contract purchases MLN and conducts the burning procedure every 30 days.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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