11 min readNov 17, 2020


Hello, GreatDrop community

We recently hosted our 11th AMA with MULTIPLIER FINANCE on 17th November, at 09:00 AM UTC (16:00 WIB), with our guest from the MULTIPLIER FINANCE:

  • D.R DUDLEY, Marketing Director

Many of you might have participated or many of not, So here we are up with the AMA transcript for those who missed the AMA session.

Introduction Questions Asked By GreatDrop Team

Q1: Can you tell us more about yourself and MULTIPLIER?

Hello everyone, my name is Dudley and I’m the Marketing Director of Multiplier Finance.

MULTIPLIER was established in early 2019 as a licensed crypto lender, we transitioned to DeFi and officially launched our first protocol on 9th September 2020.

We have also launched an AMM DEX and will soon launch our 3rd protocol on Binance Smart Chain, Multi-Chain (Lend)!

Missed out on Aave? Don’t miss out on Multi-Chain (Lend)! An Aave-fork on Binance Smart Chain.

Q2: What is Multi-Chain (Lend)?

MULTIPLIER is in a joint collaboration with Bramah Systems to build a DeFi lending protocol similar to Aave, but on Binance Smart Chain.

Multi-Chain (Lend) allows users to lend and borrow crypto with variable and stable interest rates.

The main differences between us and Aave are increased revenue-sharing for token holders, lower rates for flash loans, and quicker transactions with lower gas fees due to the architecture of the Binance Smart Chain.

As it stands, Multi-Chain (Lend) will be the first to launch Flash Loans on Binance Smart Chain.

Maybe this medium article can help,

Q3: How do flash loans work?

Flash loans require zero collateral.

The flash loan is approved if it used and paid back in full within the same block it was issued.

However, if the loan is not paid back within the same block, the entire transaction fails and the user is only liable for gas fees incurred.

With gas fees of about 1 cent on Binance Smart Chain, this enables users to actively experiment with Multi-Chain (Lend) Flash Loans.

Q4: How will Multi-Chain (Lend) create utility for the native token?

The underlying native token for the Multi-Chain (Lend) platform is bMXX.

bMXX is a governance token that can be converted from MXX tokens.

Users who stake their bMXX tons in the governance pool will;
1. Right to govern the protocol
2. Earn a share of platform revenue in the various tokens (i.e BUSD, BNB)
3. Mint bMXX

For more information regarding Multi-Chain (Lend), you may refer to our litepaper:

Q5: Sounds exciting. Now, can you tell us more about Multi-Minionaire?

All you need to do is complete the mission instructions in each of the mission channels in our Discord.

Each mission you complete will give you one level. Once you reach 5 levels, you will win 10 bMXX tokens! Even before the official launch of Multi-Chain (Lend)!

Here’s an example of one of the missions:
1. Join our official Telegram Group and post a thoughtful question.
2. Post a screenshot of your question in Discord #Mission3.

It’s that simple. Join now!

Q6: How does Multi-Minionaire work?

Multi-Minionaire is a Discord-based mini-game that rewards community participants for learning about and sharing Multiplier’s upcoming launch on Binance Smart Chain, Multi-Chain (Lend).

Users will be able to start minting bMXX tokens before the launch!

All you need to do is complete 5 missions that can be found in our discord channel, and start earning bMXX rewards!

We shall be adding new missions! So make sure you join in the fun and start earning bMXX today!

Q7: What is the reason for Multi-Minionaire?

While Multi-Chain (Lend) is in development, we hope to incentivize the community to learn more about the platform features and what it has to offer.

Multi-Minionaire aims to build the community by allowing them to receive bMXX before the official launch.

For more mission details and rules of Multi-Minionaire, please refer to this medium post:

Q8: Please tell us more about the “Community Leadership Initiative”?

The Community Leadership Initiative is aimed at recruiting individuals who are able to grow the community exponentially together with us.

Applicants who are interested in community management and marketing are encouraged to apply.

If you have significant crypto followers, it will be highly advantageous as well!

Please email with the relevant information and we will contact you if you are shortlisted.

Anybody can apply!

Q9: Can you tell please What are the rewards for the “Community Leadership Initiative”?

Basically, there are 3 levels:
- Multi-Leader
- Multi-Ambassador
- Multi-Governor

Each level will earn higher rewards.

Leaders will receive a $2,000 MXX monthly allowance.
Ambassadors $3,000 MXX monthly allowances.
Governors $4,000 MXX monthly allowances.

On top of that, each level qualifies for its own rewards pool. The rewards pool is based on the total community rewards from the Multi-Minionaire program.

Example: If the community receives 100,000 USD in BMXX, the Leaders will share 10% of that in the Leaders Rewards Pool.

Leaders Rewards Pool = 10% of community rewards
Ambassador Rewards Pool = 15% of community rewards
Governor Rewards Pool = 20% of community rewards

Governors also receive 1% foundation allocation which is about 70,000 bMXX!

Q10: What is the ideal profile for a “Community Leadership Initiative” candidate?

Anybody who has a large crypto following, and is eager to be involved in Multiplier’s day-to-day community-building efforts.

Check out our article for more:

Currently, we have a lot of reward programs for our community before we launch our next protocol in about one month.

There’s the Multi-Minionaire program, where everyone wins a guaranteed 10 bMXX for completing 5 simple missions, as well as the leadership program with up to $4000 monthly allowance.

Also, we have regular AMAs, so do join our community today!


Questions asked on Twitter for MULTIPLIER FINANCE team

Q1 from @Rosanela08

How can Simplified Stable Bonds (SSB) offer 1000% interest rate in 9 months, keeping it sustainable to the platform and not inflationary?

We were in the distribution stage of our token roadmap with the first and second protocols, SSB and Takoswap, whereby we give out tokens to actively grow and create a vibrant community.

Multi-Chain (Lend) is the next stage which is utility. Token holders whose stake will have a share of the platform revenue.

Having a utility for the token is essential in motivating token holders for the long term, as it creates value.

So start minting MXX in our SSB platforms today!

Q2 from @OkanBoysan29

Safety and security are always the most important issues. How will the team resolve if there is an unfortunate security problem on the Multiplier? Has the team thought of a workaround for this problem?

Multiplier was a CeFi lender back in early 2019, and security has always been at the forefront of everything we do; users’ funds are of utmost importance.

Back then, we collaborated with notable security firms such as Coinbase Custody and JUMIO.

After transitioning into DeFi, we have always engaged leading cybersecurity experts to audit our protocols. SSB was audited by CertiK, and Takoswap was audited by Bramah Systems.

Also, we employ a manual mint factor system, as opposed to a price oracle. This helps with security as well, because most security issues are targeted towards the price oracle.

Our next Multi-Chain (Lend) protocol on BSC is built by Bramah Systems, and who else better to build a secure protocol than cybersecurity experts.

Furthermore, we will continue to engage another auditor to ensure that the protocol is as safe as can be.

Here is our SSB audit report:

Q3 from @bimasuryaatmaj1

Partnerships are essential for Adoption, and the progress of a project, so can you tell us what partner #Multiplier Finance has now and in the future?

MULTIPLIER has partnered with Bramah Systems to build our next protocol, Multi-Chain (Lend).

Bramah Systems has previously audited prominent firms such as dYdX and mStable, and is led by managing partners Jonathan A. Haas, and Benjamin A. Small, PhD.

Mr. Haas has built a variety of scalable security systems focused on static analysis and privacy-by-design that touch millions everyday.

Dr. Small holds multiple patents related to trading technologies and was previously COO of Gemini Exchange and CTO of Genesis Global Trading.

You may refer to this article for more information:

Q4 from @satoshin_1996

What is meant by Multi-Minionaire? How to participate in the program, so you can get bMXX tokens. And one more thing, are bMXX and MXX different tokens? So what is the use of the bMXX token?

Multi-Minionaire is a Discord-based mini-game ( that rewards community participants for learning about and sharing Multiplier’s upcoming launch on Binance Smart Chain, Multi-Chain (Lend).

Complete 5 missions that are stated in:

Users shall gain 1 level after completing each mission, which will be reflected in his Discord name.

Upon achieving level 5, the Multi-Minionaire will receive 10 bMXX tokens. bMXX rewards are tabulated twice a month; 1st to 15th, and 16th to 31st. Multi-Minionaires will receive their rewards within 3 working days of the end of each window.

“MXX” is MULTIPLIER FINANCE’s ERC-20 token and “bMXX” is the BSC token. Users can use a one-way bridge to convert their MXX to bMXX through Multi-Chain (Lend) at a rate of 100:1.

bMXX Token Overview and Uses Cases

  • Protocol Governance, bMXX token holders can participate and govern various components of the protocol and vote on changes to protocol parameters
  • Revenue Share, Users who stake bMXX will earn 20% of protocol revenues, which comprise loan origination and flash loan fees.
  • Ecosystem Participation Incentives, bMXX rewards for participating in various protocol initiatives like staking rewards, liquidity mining, and governance.

Q5 from @TrinhDucLuong9

Can you give me 3 main reasons why I should invest MULTIPLIER FINANCE in the long term?
What is the advantage of keeping this token for a long and short term?

1. If u missed out on Aave, here’s another chance! An Aave-fork on Binance Smart Chain — Multi-Chain (Lend).

2. Flash Loans are mostly used in Ethereum, as it stands, we will be the first on BSC to have flash loans. And gas fees are about 1 cent on BSC!

3. We are serious about building decentralized protocols, we’ve burned our own team’s allocation and burned even more tokens in our new tokenomy structure.

Questions asked by our GreatDrop community members during live Session to MULTIPLIER FINANCE team

Q1 from @T_ashish08

Could you give us an overview of the tokenomics? Is the token designed to rise and fall with the success of the platform? And does it include any scarcity paths such as stake, store, or burn?

We’ve just released our new litepaper with new tokenomics.

An important thing to note is that we will soon convert MXX tokens to bMXX tokens in the ratio of 100:1, and bMXX tokens when staked, will earn a share of the revenue from Multi-Chain (Lend) on Binance Smart Chain.

We’ve recently burned our team allocation tokens to the tune of around 200 million MXX, and we regularly burn MXX when new Simplified Stable Bonds contracts are created.

Q2 from @Dmsaly14

What is the % interest rate of holding $MXX token ?
And how long can I enjoy this % return while I hold $MXX ?

MULTIPLIER has a SSB (Simple Stable Bonds) product. It allows a user to stake an eth/erc20 token (such as ETH, USDC, BAL), and make an ROI return of 200%, 400%, or 1000% based on the tenure of the contract. For this SSB product, a total of 1 billion MXX token has been allocated for users.

For the MXX that the users minted from SSB contracts, they can eventually convert and utilize it as a governance token o the Binance Smart Chain (BSC) and earn more rewards on our upcoming Multi-Chain Lend platform.

Q3 from @MOBILE1286

What is your strategy for marketing and for Mass Adoption ? How do you evaluate the support from the community?

Thank you for being one of the first to join our channel @themultiplierio.

We currently hold daily AMAs to regularly educate crypto users from around the world about our DeFi protocols.

We also arrange a variety of reward programs, such as the Multi-minionaire program, whereby if you complete 5 simple missions in our discord, you are guaranteed to earn 10 bMXX!

There are many ways to evaluate support, some simple ways that anyone can do is to see the number of active online users in our community channels. You may also check the number of wallets that hold MXX tokens using our contract address in etherscan.

Q4 from @socsociu

Trust and security is very important in any business, what makes investors, customer and users safe secure when working with your project?

Safety and Security are always our top priority. What I can say is that no platform can be considered entirely risk free.

However, we take every possible step required to minimize the risk as much as possible by keeping the protocol code public and open source, while engaging reputable external auditors to audit our protocols.

Additionally, we have also partnered with Bramah Systems (, who previously audited prominent firms such as dYdX and mStable, and is led by managing partners Jonathan A. Haas, and Benjamin A. Small, PhD, is in a joint collaboration to build a DeFi lending protocol — Multi-Chain (Lend) on the Binance Smart Chain.

Please see our post on medium:

Q5 from @patelven

Do you have any Coin Burn or BuyBack systems or have you any Token Burn plans to increase the value of Token & attract investors to invest in your project also?

We recently conducted a burn of 205,000,000 MXX, which was the foundation’s first token vesting. This burn was meant to show our commitment to the market.
You can read more about the burn here:

We are currently working on a new Tokenomy and will be announcing further burns in the coming weeks. Hopefully, these send a good signal to the market that we are here for the long run.

I’m not sure if anyone here knows, but previously we held an AMA, where 88 winners won 88 USDT each!

Soon we will also have a Christmas promotion! So please join our community this Christmas and have fun!





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