MM ETF is the first decentralized ETF protocol that runs on METF token. The DTF term is thus coined by our team as the DEX Traded Fund, being the first of its kind.
Each METF token is backed by a basket of assets (e.g., MMF, METF-MMF LP Tokens etc etc) in the METF Assets Under Management (AUM), giving it an intrinsic value that it cannot fall below. All of these assets come from the MM Finance DEX, and hence form part of the DEX Traded Fund.
The DEX Traded Fund seeks to track high performing assets in the MM Finance DEX, with strong value accrual strategies that will be outlined in this set of docs.
WEB Site: metf.finance