On-chain Ethereum MicroStrategy Token
On-chain Overview
Contract ETH
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Bought-back / Burned
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LP Token ID
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Ready
What is MicroETH
MicroETH is an innovative on-chain token protocol that uses ETH as its reserve asset, combining the stability of collateralized reserves with the openness and transparency of blockchain technology.
How it works
- Total supply: 10 billion $MicroETH, all allocated to liquidity provision (paired with USDC, 1% trading fee)
- LP: Permanently locked in the contract
- Fees: All USDC from trading fees is used to buy ETH and accumulate it in the contract
- ETH reserves: ETH held in the contract can only be used to buy and burn $MicroETH — it cannot be transferred elsewhere