Mensa Protocol V3
Flash Loan:
Flash Loan is an underlying feature that every public chain should have. Mensa Protocol provides the foundational programmable flash loan service for Fantom.
As a #BuildonOpera project, Mensa Protocol is committed to providing Fantom with the most liquid and secure lightning lending feature at a low cost. Safety always comes first.
Fees from Flash Loan will continue to be all shared to MENSA Pool stakers.
Security & Transparency:
Mensa Protocol V3 has been fully audited by NONEAGE Technology.
To be more transparent, they introduced Fantom community leader FTM Alerts, one of the biggest DEXs SpiritSwap and the earliest Liquity front-end operator Liquity.Fi to join as thei multi-signers in V3 to jointly manage team assets.
Migration:
Mensa Protocol V3 migration will take place over a period of 45 days. Within 45 days (before 9th Dec. 2021), all users can exchange $MENSA 1:1 for a new token $MSA to continue to participate in Mensa Protocol’s ecology and governance.
They have migrated MENSA/USDC and MENSA/FTM liquidity located on SpiritSwap to MSA/USDC and MSA/FTM with an equal percentage.
Mensa Protocol
Mensa Protocol is a decentralized lending platform based on Fantom chain, which aims to provide platform users with a decentralized and secure market.
