MOVE X Cross-chain
Provide a long-term holding incentive for MOVE, provide ways to earn passive income - no DeFi platform is complete without an Earn component.
MOVE token was launched with the reflections feature, which is a strong offering for holders - each sell generates reflections that are distributed among holders.
However, this does not incentivize long-term hold and can vary significantly depending on the volume on any given day. A better, long-term incentive is staking.
MOVE X Earn will first allow you to stake MOVE for a variable APY and/or farm the MOVE-BNB pair, receiving extra rewards in MOVE. By providing liquidity, users can earn additional MOVE. There will be various tiers, depending on the locking period.
We are exploring the possibility of further expansion of MOVE X Earn to aggregate and offer staking and farming rewards across different coins. Similar solutions already exist, but are fragmented, incomplete, and do not have the possibility to assess the safety of a stake or a farm.
With cross-chain technology, it could be possible to optimize yield on farms across different chains, and stake/farm tokens available only on the respective chains.
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