Liquidity providers deposit funds into Mummy Finance and receive trading fees from traders (supply-side fees).

Mummy Finance is a non-custodial exchange for spot and perpetual contracts built on Fantom, Optimism, and Arbitrum. Mummy Finance was founded by an anonymous team and was launched in December 2022.

MMY tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue).

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Mummy Finance

# Mummy Finance Token incentives Methodology

## 1. Overview

Token incentives measures the daily value of escrowed MMY (esMMY) tokens claimed by users from the Mummy protocol's staking rewards system. This metric quantifies the economic value of token-based incentives distributed to liquidity providers and stakers across multiple chains. The calculation captures claim events from staking tracker contracts and converts the escrowed token amounts to USD value using consistent pricing methodology.

## 2. Data sources

- **Blockchain events**: Parsed `Claim` events from Mummy protocol's `StakedMmyTracker` and `StakedMlpTracker` contracts deployed on Arbitrum, Fantom, and Optimism
- **Token metadata**: Token registry containing MMY token symbols and identification data
- **External data**: End-of-day price feeds for MMY tokens, specifically using Fantom MMY prices for consistency across all chains

## 3. Step-by-step calculation

### Component A: Escrowed token claim extraction
- **Purpose**: Extract all escrowed MMY token claim events from staking contracts across supported chains
- **Logic**: Collect `Claim` events from both `StakedMmyTracker` (for MMY staking rewards) and `StakedMlpTracker` (for MLP liquidity provision rewards) contracts on Arbitrum, Fantom, and Optimism. Each claim event contains the user address, claim amount, and transaction details. All claims represent escrowed MMY tokens that must be vested over one year before becoming liquid MMY tokens. To ensure consistent pricing across chains, all token addresses are standardized to use the Fantom MMY token address while preserving the original chain information in a separate field.
- **Key fields**: `block_timestamp` for timing, `address` for the claiming user, `amount` for escrowed MMY quantity, `transaction_hash` and `log_index` for event identification

### Component B: Token metadata enrichment  
- **Purpose**: Add token symbol and identification data to the claim events
- **Logic**: Join claim events with the token metadata registry using the standardized Fantom MMY token address to retrieve token symbol information. This provides consistent token identification across all chains since all events use the same token address reference.
- **Key fields**: `symbol` for token identification, token address mappings for consistent referencing

### Component C: Daily aggregation and USD conversion
- **Purpose**: Aggregate claim amounts by day and convert to USD values
- **Logic**: Group all claim events by daily boundaries using timestamp truncation, summing the total `amount` of escrowed MMY tokens claimed each day. Apply business classification metadata including market sector as 'derivatives', business segment as 'perpetual', and business line as 'Escrowed token incentives'. Convert token amounts to USD using end-of-day MMY price feeds from Fantom, applying decimal corrections to ensure proper token unit representation.
- **Key fields**: `timestamp` truncated to day level, aggregated `token_incentives` amounts, USD conversion factors

### Final aggregation
- **Combining components**: Sum all daily escrowed MMY claim amounts across both staking tracker contracts for each chain, maintaining chain-level granularity while using consistent Fantom-based pricing
- **Currency conversion**: Apply end-of-day MMY token prices from Fantom to convert escrowed token amounts to USD values, with decimal corrections for proper unit scaling
- **Time aggregation**: Aggregate to daily boundaries with timestamp truncation, ensuring consistent daily reporting periods
- **Final calculation**: The final metric value represents the total USD value of escrowed MMY tokens claimed on each day, standardized across chains and validated through schema enforcement with forward-filling for data continuity

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

Mummy Finance

Token incentives

Token incentives

Competitive landscape

Chain breakdown