MULTI token
Overview
MULTI serves as the native token for the Multichain protocol, previously known as Anyswap, which operates as a cross-chain bridge and interoperability platform. The token facilitated governance voting, network staking for security, and transaction fee payments. In July 2023, Multichain suffered a significant security breach that led to an operational halt and loss of user funds, severely affecting the token's functionality.
Within The Counterparty graph, MULTI connects to 3 tracked entities, most strongly to Multichain, Multichain, Lighter Unveils Multi-Asset Margin Starting With ETH.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Multichain | 95% |
supports_token | Multichain | 95% |
covers | Lighter Unveils Multi-Asset Margin Starting With ETH | 70% |
Frequently asked questions
What is MULTI?
MULTI is a governance tracked in The Counterparty knowledge graph. It is connected to 3 other tracked entities, most strongly to Multichain, Multichain, Lighter Unveils Multi-Asset Margin Starting With ETH.
What type of entity is MULTI?
MULTI is classified as a governance (token) in The Counterparty knowledge graph.
What is MULTI connected to?
In The Counterparty knowledge graph, MULTI is linked to 3 other tracked entities, most strongly to Multichain, Multichain, Lighter Unveils Multi-Asset Margin Starting With ETH.