MC2 Finance, introduced by Marine Popoff, bridges the gap between traditional finance and decentralized finance (DeFi), providing a solution that allows users to create digital asset portfolios within seconds. The platform, co-founded by Popoff and Christoph Richter, is designed to facilitate the trading and backing of comprehensive investment strategies rather than individual tokens. MC2 Finance sets itself apart from other platforms by prioritizing risk-based returns and consistency over short-term profits. This is achieved through rigorous data analysis and expert validation, with expertise being verified through on-chain data and social proof.
Richter explains that social interaction is at the core of Web3 and the future of trading. MC2 Finance not only allows users to follow experts on the platform but also connect with them outside, such as in Telegram communities. Users can ask about strategy details and potential risks, and experts can provide exclusive strategies to their followers through Social Tokens. These tokens are linked to MC2 Finance’s token, have a one-click setup, and are fully automated. Social Tokens also come with unlimited liquidity thanks to unique tokenomics, aiming to foster a strong community and simplify trading.
Popoff emphasizes the importance of on-chain and verifiable information about influencers and experts, ensuring that users can find the real pros. MC2 Finance allows users to create multiple strategies and share the most successful ones with their community. In the future, users will even be able to share their results with an on-chain verifiable watermark, significantly increasing trust compared to a simple screenshot.
Richter highlights the significance of engaging new generations like Gen Z, who already invest in crypto. MC2 Finance aims to cater to their interests by providing transparency and understanding of where things come from, leveraging their affinity for internet-native solutions.
MC2 Finance is currently running a spot trading contest in partnership with Cointelegraph, welcoming participants until March 6, 2024. The platform measures success based on the percentage return on a user’s strategy, regardless of the trading amount. However, adding money to a strategy is prohibited to maintain fairness. MC2 Finance plans to expand to include more DeFi primitives, such as liquidity provisioning, staking, lending, and perpetuals, to enable users to create true crypto-native strategies. The platform also intends to add securities like stocks to digital asset portfolios and collaborate with more chains and launch additional trading contests.
Richter emphasizes the importance of making multi-layered strategies for “stacking” DeFi protocols accessible to a wider audience to unlock the full potential of DeFi. MC2 Finance is currently deployed on Ethereum and BNB but is looking to expand to other chains. The platform’s unique structure includes social interaction, DeFi trading, and a reputation and analytics system. To ensure continuous improvement and community involvement, MC2 Finance follows a hybrid approach, making the source code of components available to trusted partners for testing and improvement before implementing optimal solutions on-chain for decentralization and open-source access.
Regarding institutional players, MC2 Finance offers custody flexibility, allowing them to choose between MC2 Finance’s account abstraction wallet or their preferred custodian for asset custody. Custodians can subscribe to strategies that meet their quality and risk criteria, ensuring asset safety and compliance. For example, MC2 Finance works with PWC, whose experts can create strategies based on ESG tokens and the PWC database, automatically exiting the strategy if it violates the criteria.
While MC2 Finance’s current focus is on decentralized exchanges and fostering a decentralized network, the platform is actively exploring future expansion possibilities, including potential integration with centralized exchanges.
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