Midas.Investments CeDeFi Migrated to Ethereum (ETH) Blockchain

Midas.Investments (MIDAS), a new generation multi-currency farming machine, shares the details of its migration to Ethereum (ETH) and reveals its upcoming plans.

Midas.Investment’s CeDeFi Platform Token Migrates to Ethereum (ETH)

According to the official statement shared by the team, Midas. Investmentsa multi-product yield farming ecosystem, moved its core native asset MIDAS to Ethereum (ETH) from Fantom (FTM).

Hello, Midas Community!

The migration of $MIDAS from Phantom to #Ethereum blockchain has been completed🔥🔥

Deposits, exchanges and withdrawals for $MIDAS has been resumed, go to our platform and check it out👉 pic.twitter.com/xWqelEKKdH

— Midas.Investments (@Midas_platform) 9 November 2022

Previously, the token worked on Fantom (FTM), an EVM compatible blockchain. With the migration towards Ethereum (ETH), the team of Midas.Investments is focused on integrating the design into a more robust and thriving DeFi platform.

This in turn will give Midas.Investments customers access to the largest liquidity ecosystem in Web3, to maximize the utility of the MIDAS token and interact with various dApps on Ethereum (ETH).

Midas CEO and founder Iakov Levin is excited about the impact this migration could have on the sustainability and interoperability of his protocol:

Given the active development of the Ethereum ecosystem – including the growing number of decentralized applications and the involvement of users and developers – our team has decided to migrate MIDAS from Fantom to Ethereum. This migration will open up new opportunities for the continued development of the $MIDAS token in the DeFi ecosystem, further expanding its utility.

As such, Midas.Investments’ core token MIDAS was swapped for the eponymous Ethereum-based ERC-20 element.

Mobile application will be published in the 1st quarter of 2023

In addition to technical advancements, the new announcement will maximize the rewards of MIDAS token holders due to increased liquidity supply to the mechanisms.

Following this release, the Midas.Investments team is set to introduce new products under its umbrella, including a decentralized finance (DeFi) protocol.

In addition, MIDAS holders will introduce new strategies for CeDeFi pools and have a say in approving new partnerships with Web3 and Web2 projects.

In Q1, 2023, the Midas.Investments team is going to unveil its own mobile application for retail users.

$MIDAS Token Roadmap📍

Migrating to the Ethereum Blockchain…
Liquidity Pools on UniSwap…
What will be next?!

Check the road map and find more information about $MIDAS on our website: https://t.co/xvC736mTZy#MidasInvestments #CeDeFi #Ethereum pic.twitter.com/R6MaNvZ3Ft

— Midas.Investments (@Midas_platform) 17 November 2022

By Q4 2022, Midas.Investments and MIDAS tokens passed the milestone of 7,000 participants. Additionally, the market cap is now over the $100,000.00 mark. Despite the markets still being caught in a painful recession, the net amount wagered exceeds $70 million in USD equivalents.