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Can you hear that sound? A Uniswap-like DEX with low fees, no risk of front-running, and managed by the community? That is the proposition of Mute, a decentralized exchange that promises to offer greater privacy and security than other options.

Using zkRollups to Power Up Ethereum

Mute uses zkRollups, a layer-2 scaling solution for Ethereum that validates and batches transactions before then sending them to the Ethereum mainnet for confirmation. Numio has partnered with Mute and plans to work collaboratively as they integrate zkSync into their ecosystems.

By using layer-2 solutions like zkRollups to provide faster, cheaper, and quieter service to crypto users – while also giving them the privacy and security they expect.

What are the $MUTE and $VOICE tokens?

$MUTE is the gas of the Mute ecosystem and is used to pay fees, while $VOICE is the governance token. Together, they form the chorus that helps the whole protocol run. Many protocols don’t take DAO seriously. Mute plans to offer proportional representation to its user base when the future direction of the protocol is decided. It gives them a $VOICE. Users can buy $VOICE using ETH.

What do $VOICE and $MUTE do?

Holders of more than 500 $VOICE can make ecosystem or funding requests using Voice Control, the governance dApp. Proposals are ratified by holders of 40k+ Mute. Funds are then sent to an appropriate smart contract submitted to Mute protocol for finalization. Then, a wider vote is taken from all Mute holders. Participating in voting accrues rewards in both $VOICE and $MUTE, allowing for active members in increasing the protocol’s wealth benefit directly.

There is a fixed supply of 44,000 $VOICE tokens and just under 32 million MUTE tokens. Trading fees are to be decided but will start at 0.3%, with the funds sent to the liquidity providers. Power traders who hold large amounts of $MUTE will be able to sidestep these fees. There is also a 1% fee from removing from the staking dock. This is locked permanently to provide liquidity to the protocol. The Amplifier program can also increase user rewards if they buy and stake $MUTE and further increase the liquidity of the token. Both $MUTE and $VOICE are ERC-20 tokens.

There will also be liquidity provision programs to attract popular projects to the AMM to provide liquidity to it. The Mute team is currently leading these choices, but these will most likely be decided by the DAO in the future when community members get their $VOICE.

Keeping Exchanges Quiet

Mute is a quiet, efficient, decentralized exchange that keeps its users’ business private while also letting them take an active role in the governance of the protocol through the use of its twin token $VOICE. It plans to give users a fast and flexible version of their favorite decentralized apps, while also using zkRollup tech to drastically reduce the associated fees of using Ethereum. Whisper it, but Mute could have the sound and the fury to outshine the noise of the crypto markets and provide the secure, powerful, and efficient DEX experience that crypto traders crave.

How can I get MUTE?

Getting MUTE is easy on Numio. You can use your credit or debit card to purchase ETH or USDC, which can then be exchanged for MUTE*, you can swap or trade it for other ERC-20 tokens (up to 100x cheaper than other wallets), and you can send or receive it as a payment. Whatever way you choose you can be sure that you are always in full control of your MUTE.

*direct MUTE purchases coming soon.

Download Numio to get Mute

How can I get MUTE?

Getting MUTE is easy on Numio. You can use your credit or debit card to purchase ETH or USDC, which can then be exchanged for MUTE*, you can swap or trade it for other ERC-20 tokens (up to 100x cheaper than other wallets), and you can send or receive it as a payment. Whatever way you choose you can be sure that you are always in full control of your MUTE.

*L2 trades for other tokens coming soon

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