Touch of Midas (TOM) Finance is a DFI project initiated by The Midas Touch Gold (TMTG) Co., Ltd. registered in Hong Kong and engaged in cryptocurrency. TOM Finance will be released in two phases. The first phase will be in November Update, the second phase will be updated in early 2021.
In the first stage, participants can obtain mining rewards TOM tokens by staking LP tokens in the pool (such as the TMTG-LBXC pool in TOM Finance). The second phase of TOM Finance will be updated in early 2021. The second phase will build its own decentralized finance, so that all mapping functions and decentralized financial product functions can be used on the TOM Finance platform.
Because there is no venture capital and private investment and no pre-mining and allocation, TOM Finance will eventually be a user-centric and transparent decentralized financial project.