MC²Fi Liquid Locker is live in alpha on Monad and has not been audited. Deposits are permanently locked and non-redeemable — you exit by selling on the secondary market. Yields are variable and not guaranteed. See how custody and rug-risk are handled →
Vote-escrowed locks earn real protocol revenue. MC²Fi compounds it automatically, so the effective rate compounds far beyond a manual stake.
Trailing yield is computed from Neverland protocol revenue (DefiLlama) scaled by the veDUST reward share measured on-chain, divided by total veDUST value (voting power × DUST price), then annualised. The auto-compound figure is an APY; the manual figure is a simple APR — the gap is the compounding edge, not extra emissions. Yields are variable, not guaranteed, and depend on protocol revenue, the DUST price and lock conditions — past performance does not predict future results. External benchmarks (lending, liquid staking) are illustrative. MC²Fi is alpha, unaudited software and deposits are non-redeemable. Not financial advice.
Auto-compounding turns weekly USDC revenue into a far higher effective APY than holding or staking by hand.
Compound, buyback-burn and premium-capture are each accretive to DUST backing per token by construction. USD value still moves with the DUST price.
One liquid ERC-20, bridgeable anywhere. An adapter per protocol means new veNFTs in ~50 lines.
A thin adapter (~50 lines) plugs each ve-protocol into the same core. We prioritise by revenue durability, lock mechanics and liquidity — our own assessment, not a rating agency's, and not investment advice.
| Protocol | Asset | Revenue source | Revenue stability i | MC²Fi rating i | Status |
|---|---|---|---|---|---|
| NeverlandMonad | veDUST | Lending interest + liquidation fees, paid weekly in USDC | Early / growing | Live · v2 Beta | |
| AerodromeBase | veAERO | DEX swap fees + vote bribes | High / proven | Adapter — Q2 2026 | |
| PharaohAvalanche | vePHAR | Concentrated-liquidity swap fees + vote bribes | High / proven | Planned — Q3 2026 | |
| BlackholeAvalanche | veBLACK | DEX swap fees + 100% of vote bribes | Moderate / new | Evaluating |
704 lines of Solidity across vault, oracle and adapters — small surface, fully documented. Tests are not a substitute for an audit.
Security model →The vault is non-redeemable by design — the underlying veNFT is locked permanently so it can never be drained. Your liquidity is the wrapper token, not the lock.
No deposit fee. A 10% performance fee applies to claimed revenue only.
Your exit price depends on secondary-market liquidity and can sit below NAV. Directing all yield to buybacks below NAV supports the price but does not guarantee a peg.
Straight answer: it's alpha, unaudited software, so smart-contract risk is real. Here's exactly what the design does and does not let the operator do.
The contracts have not been through a formal audit. Today the operator key is a single signer; a multisig is planned for public launch. Only deposit what you can afford to lose, and verify every address on-chain yourself.
A dedicated rug-resistance write-up is in progress in the docs. Until an audit is complete, treat this as experimental.