Multichain veMULTI Rewards for Q4 2022

$939K USDC to be distributed

  • Q3 Multichain bridge fees: $2,200,877.26
  • Q3 Multichain bridge cost (gas fee): $112,664.66
  • veMULTI Q4 rewards: $939,695.67 USDC ($2,088,212.60*0.9/2)
  • Note: Multichain overall bridge fee for Q3 is $2,316,712.90. Due to altcoins price drop and slippage loss, actual bridge fees are $2,200,877.26.
  • Total veMULTI USDC distribution for Q4 2022 — $939,695.67
  • MULTI circulating supply — 18,639,320
  • MULTI price — $3.8 (Five-day average price starting from Oct 8th)
  • Average locking duration — 4 years

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Multichain (Previously Anyswap)

Cross-Chain Router Protocol (CRP), an infrastructure for cross-chain interoperability, envisioned to be the ultimate router for Web3 https://multichain.org/