mefi runs on a very simple financial model, where the users can provide their alt/meme coins as a collateral and borrow Ethereum. As soon as a user repays the borrowed Ethereum the alt/meme coins that are provided as a collateral will be released to the user. 

We all know how stressful it is when you are holding a alt/meme coin that you love to hold for long term and you are all in. But as the number of projects that are launching every minute, hour , making you miss a 10x or 100X opportunity.

Don’t worry meme finance got you covered. You don’t want to sell your GEMS (Erc 20 tokens) to get in and out of a newly launched alt/meme coins or a short term pumps. Just provide your GEMS (Erc 20 tokens) as a collateral and borrow Ethereum, play with the new launches and double/triple/10x the borrowed Ethereum and repay the borrowed amount with a very minimal interest and get your Collateral (Erc 20 tokens) back.

what makes mefi unique?

mefi is the only finance protocol that allows people to borrow Ethereum for low cap tokens/gems, meaning that users have a greater amount of choice.

mefi provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.

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