Following recent events in the market, we would like to outline how Midas infrastructure is designed and provide an update on our operations. All Midas operations continue to function as designed. Redemptions are processed as requested, with all mTokens performing in accordance with their defined parameters. Transparency, accountability, and integrity remain at the core of Midas’s infrastructure and vision for on-chain finance. Midas does not manage assets or risk. Instead, Midas provides the tokenisation infrastructure through which qualified asset managers can issue tokenised products providing exposure to underlying strategies. All on-chain assets are verifiable in the public domain, and off-chain assets are verified by independent agents, including @Ankura_Consult and @eoracle_network. All asset managers on the platform are responsible for providing ongoing communication on risk management over the course of the market developments. Midas amplifies these updates through official channels to ensure visibility and transparency.

Introducing mWildUSD, a pre-deposit vault is structured to provide early access to a tokenised certificate referencing stablecoin yield strategies on the Plasma blockchain. Built in partnership with @WildcatFi & @PlasmaFDN & @ethena & @Re7Labs

Introducing mF-ONE, a tokenised certificate issued by Midas that tracks the performance of @FasanaraCapital’s flagship F-ONE private credit strategy. Now live on @MorphoLabs, use mF-ONE as collateral to borrow USDC with liquidity from vaults curated by @SteakhouseFi.