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Mugen

DEFI
A multichain aggregator that uses protocols with sustainable models to generate yield

Core Concept of Mugen

Mugen Finance is a multichain aggregator that uses protocols with sustainable models to generate yield. Mugen Finance operates as a yield aggregator using a two token system in order to help individuals gain access to a more diverse set of yields. There are 3 key parts to the protocol: the treasury, the Mugen and xMugen tokens. The protocol operates with two primary goals in mind:

  • To allow individuals to gain exposure to multiple yields from multiple chains in a simple way with Layer Zero's messaging protocol and native treasuries on the respective chains
  • To help individuals learn more about the space and become confident in their abilities to use tools without the need for a typical interface. This includes tools like etherscan, github, and more.

The reasoning behind this stems largely from the motivation to start the project in the first place. Many projects have strayed away from the original ethos of the space. Mugen wants to help guide individuals to understand why it was set up in this way in the first place and to gain the confidence that they can use the tools that move the space back in that direction. In Mugen, this looks like decentralized governance and a wide array of guides to help users slowly move in that direction.

Mugen is transforming the yield management industry by connecting multiple public Decentralized Apps (DApps) and the messaging protocol of Layer Zero. Allowing anyone to generate yield by simply holding Mugen. Representing a variety of yield sources from different chains, with different strategies.Mugen is transforming the yield management industry by connecting multiple public Decentralized Apps (DApps) and the messaging protocol of Layer Zero. Allowing anyone to generate yield by simply holding Mugen.

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