What is Munchkin?

Munchkin Farm
4 min readJun 20, 2021

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Munchkin Protocol, a robust DeFi protocol built on Ethereum and Binance Smart Chain (BSC), allows issuance, trade, and management of decentralized derivative assets.

Affordable Solution

The protocol facilitates affordable solutions for the creation of synthetics by reducing the collateral amount. The inherent mechanism lowers costs with minimal usage of oracles.

Trustless Architecture

A DeFi protocol powered by smart contracts, its inherent infrastructure eliminates trust barriers for trade and settlement of derivatives.

Community Driven

Built and governed by the community of MUNCH token holders to enable a fairly distributed and decentralized infrastructure.

Limitless Possibilities

Build tokens that track the price of any asset in real time. Create customizable financial contracts comprising multiple assets.

Munchkin Protocol Ecosystem

TRADE DERIVATIVES

Gain unlimited exposure to several instruments from multiple derivative assets such as stocks, bonds, equities, digital assets, futures — raised as tokenized assets. Trade derivatives with tight spreads, low margin requirements, and innovative hedge instruments with no liquidation risks.

MANAGE ASSETS

Manage all your assets and positions from Munchkin’ non-custodial wallet so that the control of your funds remains in your hands. Track your trading history and overall portfolio balance from your wallet.

COLLATERAL

Munchkin offers affordable solutions to create synthetic assets tracking prices in real-time. Manage your collateral with a user-friendly and intuitive trading platform.

TRUSTLESS ARCHITECTURE

Exchange synthetic assets leveraging the seamless features of a traditional exchange platform in a peer-to-peer, transparent, and trustless architecture.

MINIMAL TRADING FEES

Trade decentralized derivative assets with low fees and industry-grade standards along with deep liquidity.

STAKING

Earn MUNCH tokens for providing liquidity to the Munchkin ecosystem. On our leading decentralized exchange (DEX), you can earn an APY as high as 220%* by participating in the Munchkin network. For instance, stake global companies stocks like Tesla and receive annual returns of up to 220%

Asset management

DECENTRALIZED NETWORK

Munchkin provides a transparent way to settle synthetic assets on its exchange platform by connecting asset managers to investors in a decentralized and peer-to-peer infrastructure.

TESTED TOOLS

Get first-hand access to expert-tested asset management tools and infrastructure to create, rebalance, and manage your crypto portfolio.

DIVERSIFY

Customize and diversify your cryptocurrency portfolio by including multiple assets as per your own preferred trading strategy.

ASSET MANAGERS

Asset managers can create their own baskets and get users to join their portfolio strategies.

TRACK HISTORY

Users can analyze trading records and track the history of asset managers before investing their funds into baskets.

Social trading

EXPERT INSIGHTS

Gather insights from leading experts with a successful track record of trading.

PREFERRED TRADES

Follow the trading patterns of your preferred trader in real time.

NOVICE TRADER TOOL

Beginners can access first-hand expert trades by following the trading patterns of experienced traders.

TRANSPARENCY

Munchkin Protocol offers complete transparency on the performance of collective strategies, how they are set up, and operated.

CUSTODY

With Munchkin, you are always in control of your assets at all times. It facilitates a non-custodial way of storing and exchanging decentralized derivatives.

SECURITY

Munchkin provides an intuitive, low-cost, and secure way of setting your account and following the trading patterns of expert investors.

Liquidity Locked

We locked 100% of the entire supply on Uniswap,forever! We want to make sure our community members can trade safe and secure.

Roadmap

Roadmap

2020 Q3

Prospective Business Plan Developed

Market Research

Idea and Concept Formation

2020 Q4

Project Planning

Technical Scope Study

Munchkin Protocol Prototype

Team Recruitment and Development

2021 Q1

Seed and Private Sale Round

Prepare for Launch

Litepaper Release

Branding, Website Launch

2021 Q2

Munchkin Tokensale (Pre-sale and Public sale)

Token Listing on DEX

Smart Contract Audits

Munchkin Protocol Testnet Launch

Decentralized Derivative Exchange Testnet Launch

Token Listing on Centralized Exchanges

2021 Q3

Munchkin Protocol Mainnet Launch

Staking and Liquidity Mining Operations

Decentralized Derivative Exchange Product Launch

Community Building

Decentralized Asset Management Testnet Launch

2021 Q4

Polkadot Integration

Launch of cross-chain interoperability

Exhibit to Dubai Expo 2021

Decentralized Asset Management Mainnet Launch

Set up of Hackathons, conventions, and more

2022 Q1

Industry Partnerships

Social Trading Testnet Launch

Social Trading Mainnet Launch

2022 Q2

Options Trading Testnet Launch

Options Trading Mainnet Launch

2022 Q3

V2.0 Launch

UX/UI Improvements

2022 Q4

More Tradeable Exchanges

Expanding our Userbase

FAQ

What is Munchkin?

Munchkin is a protocol that facilitates an open infrastructure to create, settle, and exchange synthetic assets.

What are decentralized derivatives on Munchkin?

A financial derivative is a contract, between two parties, that derives its value based on the performance of an underlying asset. Munchkin Protocol facilitates a trustless architecture to issue, trade, settle, and manage decentralized derivative assets.

Are synthetic assets on Munchkin Protocol backed by real-world assets?

No, Munchkin offers the advantages of trading assets without the regulatory requirements or hassles of trading real-world assets. Synthetic tokens track the real-time price of the underlying asset and give exposure to their price without actually owning the real-world assets.

How does Munchkin Protocol track the real-time price of any asset?

The protocol tracks the price of any real-world asset through the use of oracles that send information from real-world to smart contracts.

Does Munchkin facilitate trading derivatives of assets other than digital assets?

Yes, the protocol allows a user to trade decentralized derivatives of any asset including cryptocurrencies, futures, bonds, indices, stock, commodities, and more. The possibilities are limitless.

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Munchkin Farm

Munchkin Protocol, a robust DeFi protocol built on Ethereum and Binance Smart Chain (BSC)