Midas mRe7SOLPrice

(MRE7SOL)

Midas mRe7SOL is a tokenized certificate issued by Midas Software GmbH. It provides on-chain exposure to yield strategies based on Solana (SOL) performance, structured as a blockchain-based debt instrument. It's an integral part of Midas's Liquid Yield Token (LYT) framework, offering a unique type of asset within the decentralized finance (DeFi) landscape. This innovative structure aims to bridge traditional finance with the crypto-native world by offering regulated, yield-bearing on-chain products.

Midas mRe7SOL generates yield by providing exposure to actively managed yield strategies that reference the performance of Solana (SOL). These strategies are designed to capture and optimize yield from the underlying SOL assets. The token's value is based on the Net Asset Value (NAV) of these underlying strategies after fees, meaning its performance directly reflects the success and profitability of the managed SOL-centric operations. It aims to offer a transparent and regulated way for investors to access potential gains from Solana's ecosystem.

The Liquid Yield Token (LYT) framework is designed to create a new class of on-chain assets that possess composability within DeFi protocols and interoperability across institutional and crypto-native systems. Unlike stablecoins, LYTs like mRe7SOL have a floating reference value that fluctuates based on the underlying asset's performance, thereby eliminating de-pegging risks. Midas mRe7SOL is a foundational component of this framework, representing a tokenized certificate that provides regulated exposure to specific yield strategies, thus leveraging the LYT structure for transparency, compliance, and dynamic value.

Midas mRe7SOL is issued under a regulated base prospectus, which has been officially approved by the Finanzmarktaufsicht Liechtenstein (FMA), the financial market authority of Liechtenstein. Midas emphasizes its commitment to a robust regulatory framework and compliance, including adherence to an EU-approved prospectus. This regulatory oversight aims to provide investors with a higher level of confidence regarding the token's legitimacy, operational integrity, and adherence to established financial standards within the European Union.

No, mRe7SOL is not a stablecoin. Unlike stablecoins that aim to maintain a fixed peg to a fiat currency or other stable asset, mRe7SOL, as a Liquid Yield Token (LYT), has a floating reference value. Its value fluctuates based on the Net Asset Value (NAV) of the underlying actively managed Solana (SOL) yield strategies, after accounting for fees. This dynamic value proposition means mRe7SOL's price will naturally change, reflecting the performance of the yield strategies and eliminating the de-pegging risks associated with stablecoins.

While Midas mRe7SOL tokens are not yet listed on all major exchange platforms, they are designed to be accessible. Information regarding their availability on various platforms will be updated as they become tradable. Potential avenues for acquisition and trading include Web3 wallets, decentralized exchanges (DEXs) that support the token's network, or through other centralized exchanges as they list the asset. Investors should consult official Midas channels for the most current information on trading venues.