Ask about Matter DefiProtocol Information
Matter DeFi is a yield farming platform aimed to incentivize providing liquidity on SpicySwap DEX. Users may stake SpicySwap LP Tokens to earn the protocol token MTTR. Matter DeFi's flagship feature is the contract-level automatic buyback and burn of the MTTR token. Automatic buyback ensures that there is lasting buy pressure for MTTR, leading to truly sustainable yields. All fees generated on staking and unstaking are used to buyback the MTTR token on SpicySwap.
Category:Yield
Methodology
TVL: TVL counts the liquidity of both Matter Core & Matter Live farms. Tokens held in Matter's contract are pulled from TZKT API & relevant pool data is retrieved using SpicySwap API: https://spicya.sdaotools.xyz/api/rest. View code on GitHubCompetitors
Frequently Asked Questions
What is Matter Defi?
Matter DeFi is a yield farming platform aimed to incentivize providing liquidity on SpicySwap DEX. Users may stake SpicySwap LP Tokens to earn the protocol token MTTR. Matter DeFi's flagship feature is the contract-level automatic buyback and burn of the MTTR token. Automatic buyback ensures that there is lasting buy pressure for MTTR, leading to truly sustainable yields. All fees generated on staking and unstaking are used to buyback the MTTR token on SpicySwap.
What is Matter Defi's TVL?
Matter Defi currently has $18,568 in total value locked. TVL has decreased 0.9% over the past 30 days.
What chains does Matter Defi operate on?
Matter Defi operates on Tezos. Tezos holds the largest share at 100%.
How does Matter Defi's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Matter Defi ranks #237 by TVL. The category holds $4.355b across 553 protocols, and Matter Defi accounts for 0% of that total. Other leading protocols include Pendle, Spark, and Convex Finance.