Meow Protocol Overview

What is Meow Protocol?

Meow Protocol is a Decentralized Finance (DeFi) lending and borrowing protocol with a focus on offering a variety of asset categories within Ethereum and Scroll network. Users will get derivative tokens called mTokens upon depositing or supplying assets.

Main Features
Audited by the top security companies in the Scroll ecosystem
Meow Reputation system
Permissionless
Blockchains
ScrollEthereum

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Frequently asked questions

Upon deposit and redemption, the interest-bearing derivative tokens, known as mTokens, are minted and burned. The value of the mTokens, which are safe to store, transfer, and exchange, is fixed at a 1:1 ratio to the value of the matching deposited asset. By steadily raising their wallet balance, mToken holders receive all interest that is accrued by the mToken reserves.

Meow Protocol is currently only available for Scroll and Ethereum networks. They have plans of expanding to other blockchains in the future.

The quantity supplied is not restricted to a minimum or maximum; it is at your discretion. It is essential to note, however, that the transaction cost of the procedure may surpass the anticipated earnings for extremely small amounts. When providing exceedingly small amounts, it is advisable to consider this.

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