What Is Midas (MIDAS)?

Midas (MIDAS) is a custodial platform for crypto investment that seeks to deliver passive income streams to cryptocurrency investors. The platform focuses on assisting people to achieve financial freedom by grasping opportunities and creating sustainable passive income streams in the DeFi market and crypto economy. As per Midas's website, this generation is fortunate to witness the fundamental modification in modern economics. Unlimited peer-to-peer transfer of value that started with another cryptocurrency gave the new generation unlimited opportunities. Midas's goal is to create an ecosystem of automatic tools to permit anyone to create sustainable passive income during the growth of the new economy. The Midas platform seeks to be a gateway between decentralized and centralized finances. Midas provides investors frontage to the growing DeFi market while efficiently handling the extensive portfolio of assets. The Midas team holds over 20 years of experience in investment. Iakov "Trevor" Levin is the CEO of the Midas platform. 

By utilizing various models of correlation, collateral asset models, volatility prediction, strategies, and hedging, the Midas DeFi team helps the traders achieve efficiency in every area of DeFi. The platform's professionals claim to work hard to create a portfolio for every asset established in the market situations. The DeFi designs complement one another, boast sustainable yield generation, and maintain robust risk managing policies. 

The MIDAS token is native to the platform. The token is designed to deliver yield and provide utility to traders. The MIDAS token was founded on the Fantom blockchain network with a total token supply of 5,000,000 coins. The token holders obtain 30% APY (Annual Percentage Yield) and other benefits from platform interaction. The Midas platform's goal for the token is to have an advantage in the DeFi world and establish a flywheel that enables the platform's growth, and the platform's growth transfers to the token value.