Information

Matter Defi (MTTR)

Total Value Locked$56,749

TVL by Chain

Tezos$56,749

Key Metrics

Staked$3,148

Protocol Information

Matter DeFi is a yield farming platform aimed to incentivize providing liquidity on SpicySwap DEX. Users may stake SpicySwap LP Tokens to earn the protocol token MTTR. Matter DeFi's flagship feature is the contract-level automatic buyback and burn of the MTTR token. Automatic buyback ensures that there is lasting buy pressure for MTTR, leading to truly sustainable yields. All fees generated on staking and unstaking are used to buyback the MTTR token on SpicySwap.

Category:Yield

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Methodology

TVL: TVL counts the liquidity of both Matter Core & Matter Live farms. Tokens held in Matter's contract are pulled from TZKT API & relevant pool data is retrieved using SpicySwap API: https://spicya.sdaotools.xyz/api/rest. View code on GitHub

Competitors

KordFi ($229,435)Flame DeFi ($2,681)