MFEV Blockchain Coin (MFEV)

The MFEV Coin is the native currency of the MFEV Network and platform, just like ETH on Ethereum.

MFEV Network utility:

• Transaction fees: Being the native currency on the MFEV Network , MFEV Coin is required to pay fees to the network in order to approve transactions.

• Validation Token holders can stake MFEV Coin to become a validator. The minimal staking requirement is 100,000 MFEV Coins. The network is growing, currently there are 2 validators.

• Voting Validators vote on protocol changes with their staked MFEV Coin which means validators with higher amounts of MFEV Coin staked can have a bigger vote on network upgrades and governance changes (until phase 2 where delegation is activated)

• Staking (for delegators) Any MFEV Network holder can choose one or more validators to delegate any amount of MFEV Network they wish. They receive a share of the MFEV Coin block rewards proportionate to the share of their stake in the total stake, minus the minimum 10% fee paid to the validator(s).

• Payments As MFEV Coin is the native currency on MFEV Network, sending it does not require interactions with smart contracts. Thus, MFEV Network transfers are potentially faster and less costly in terms of transaction fees.

IMPORTANT: Merely possessing any amount of MFEV Coins does not endow holders with any rights to participate in the governance of the MFEV Network platform or any revenue streams related to its real-world performance.

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