Convert Manifold Finance FOLD to Fabs FABS

Manifold Finance provides solutions encompassing the middleware market for decentralized finance applications and protocols for both scaling and usability purposes. Part of our mission is helping scale the Ethereum ecosystem, which is where the idea of ‘middleware strategies’ comes into play. Our solutions can be thought of as an ‘APY strategy’ that you might find with something like Yearn Finance, except instead of providing capital (e.g. through depositing into a strategy with Yearn), we create applications that provide services that generate revenue (a prime example being YCabal).

FABS is a memecoin launched on LUKSO. The cryptocurrency was created as a tribute to Fabian Vogelsteller, who was the original author of the ERC20 token standard while at the ETHEREUM foundation and who has created his own blockchain with LUKSO. The project aims to capitalize on the popularity of meme coins, and strives to establish itself as one of the top meme-based cryptocurrencies on the LUKSO blockchain. FABS appeals to the cryptocurrency community by instituting a no-tax policy and being up-front about its lack of utility, keeping things pure and simple as a memecoin and tribute to the founder of LUKSO.