“Cute Dog” Coin Mochi Inu ($MOCHI) Bridges Gap Between Memecoins and Decentralized Finance

×

Error message

  • Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
  • Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).

Mochi Inu ($MOCHI) is the latest entry into the memecoin ecosystem and differentiates itself by successfully combining both memecoins and decentralized finance (DeFi), two of the most popular crypto subsectors, into a single coherent ecosystem.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Wednesday, December 15, 2021
Information
Tags: 
Finance, Security, Professional Services, Technology, Software, Face, Decentralized finance, TVL, Ecosystem, INU, Cryptocurrency, Mochi
Geotags: 
NEW YORK
⚠generated by AI ↴
Summary
Key Points: 
  • Mochi Inu ($MOCHI) is the latest entry into the memecoin ecosystem and differentiates itself by successfully combining both memecoins and decentralized finance (DeFi), two of the most popular crypto subsectors, into a single coherent ecosystem.
  • And unlike many complicated decentralized applications that can be difficult to navigate, Mochi Inu has a simple and easy-to-use interface.
  • Mochi Inu was developed to bridge the gap between memecoins and DeFi, providing users with a cute doggy meme coin plus access to a decentralized finance ecosystem.
  • Mochi Inu is an autonomously governed, non-custodial, decentralized finance protocol with a cute doggy meme coin community.


Mochi Inu ($MOCHI) is the latest entry into the memecoin ecosystem and differentiates itself by successfully combining both memecoins and decentralized finance (DeFi), two of the most popular crypto subsectors, into a single coherent ecosystem. In addition, Mochi will soon enable community members to earn staking rewards and accumulate Mochi tokens at a discounted rate from a bond marketplace.

Memecoins, which are primarily community-driven, have gained significant momentum during the past two years. DeFi has also emerged as a trailblazing sector in cryptocurrency, with a current total value locked (TVL) of approximately $260 billion (Source: DeFiLlama).

“The protocol is designed to help ordinary people participate in crypto and overcome many of the obstacles they face in traditional markets,” said Azeem Ahmed, founder of Mochi Inu. “Unlike meme stocks, which seem often suppressed, the Mochi DeFi-memecoin ecosystem has free markets where every user has equal access. And unlike other memecoins, Mochi is backed by a DeFi protocol that can include staking, bond markets and stablecoins.”

The Mochi coin is run and governed by code built on decentralized infrastructure that enables truly free markets for users. Unlike most cryptocurrency, where purchases are made at market prices, Mochi bond markets may enable users to hedge against volatility by buying Mochi token bonds at discounted rates, which can be automatically staked to start earning rewards. And unlike many complicated decentralized applications that can be difficult to navigate, Mochi Inu has a simple and easy-to-use interface.

Mochi Inu was developed to bridge the gap between memecoins and DeFi, providing users with a cute “doggy” meme coin plus access to a decentralized finance ecosystem.

Mochi Inu is an autonomously governed, non-custodial, decentralized finance protocol with a “cute doggy” meme coin community. MOCHI can be tracked on CoinMarketCap and CoinGecko. Additional information is available at mochi.fi.

Copyright: 
Copyright Business Wire 2021