What is Moonwell (MFAM)

MFAM(trade it here) is Moonwell Apollo's native governance token. Moonwell is an open decentralized finance protocol split into Apollo and Artemis. Apollo will be deployed on Kusama's Moonriver network as the basis for project incubation and development in preparation for deployment on Moonbeam, the sister network that hosts Artemis. Trade MFAM with mexc.com.

 

MFAM Ecosystem 
Kusama’s Parachain, Moonriver

Moonriver is Kusama's parachain (user-generated individual L1 blockchain) released in June 2021. There is an active set of 64 collators and infrastructure providers that provide API endpoints for connecting to the network. Projects can also run their own nodes to access their own private endpoints.
Moonriver offers a continuously incentivized canary network that works as a companion network to Moonbeam (deployed on Polkadot).  Trade MFAM with mexc.com.On Moonriver, projects are evaluated in real-world economic settings before being transported to Moonbeam once they have proven themselves.
Kusama, the L1 blockchain that acts as a more experimental counterpart to Polkadot, was built on Substrate and was founded by Polkadot founder, Ethereum co-founder and former CTO Gavin Wood.

MFAM Token

The Moonwell Apollo protocol's native governance token is referred to as MFAM. The Moonwell Safety Module, which supports the Moonwell Apollo protocol in the event of a shortfall occurrence, is where it can be staked. It can also mean "Moonriver Family."

How to buy MFAM on MEXC?
You can buy MFAM on MEXC following the steps: 

1.Log in to your MEXC account and click [Trade]. Click on Spot.
2.Search “Moonwell Apollo” using the search bar to see the available trading pairs. Take Moonwell Apollo as an example.
3.Scroll down and go to the Spot box. Enter the amount of MFAM you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy MFAM] to confirm your order. You will find the purchased MFAM in your Spot Wallet.