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Midas mevBTC

Midas mevBTC

Project
ethereumEthereum EcosystemYield-Bearing TokensMidas Liquid Yield Tokens

About

mevBTC is a token structured to track the performance of BTC-denominated strategies deployed across on-chain markets and ecosystems. It provides tokenized exposure to a set of strategies designed to maintain BTC-based positioning while interacting with decentralized protocols. The underlying strategy is monitored by MEV Capital, acting as the appointed Risk Manager, responsible for overseeing protocol selection, risk parameters, and ongoing operational monitoring.

MEVBTC/USDT

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History

2022
Dec 27, 2022security incidentmajor

Midas Investments collapses, loss of user funds