What is MathChain?
MathChain (MATH) is the native token of the MathChain ecosystem, a Layer 2 EVM-compatible AppChain designed to support seamless cross-chain applications, staking, and DeFi infrastructure. Built by the team behind MathWallet, MathChain connects over 100 blockchains—including Ethereum, BNB Chain, Polkadot, and Cosmos—while offering decentralised tools like MathSwap, MathVault, MathPay, and the MathDAppStore. MATH is used for governance, transaction fees, staking rewards, and access to premium services across the ecosystem.
How does MathChain work?
MathChain is an advanced, modular blockchain infrastructure built with:
- Architecture: Operates as a Layer 2 AppChain using Polkadot’s parachain model and shared security. It supports EVM for Solidity smart contracts and CosmWasm for upgradable smart contracts.
- Cross-chain support: Compatible with Cosmos IBC and Polkadot XCMP, enabling asset transfers and dApp interactions across 100+ chains.
- Consensus: Runs on Delegated Proof of Stake (DPoS) via VPoS (Validator Proof of Stake) pools where users stake BTC, ETH, DOT, and MATH.
- Tokenomics:
- Total supply: 200 million MATH.
- Transaction and cross-chain fees are burned to create deflationary pressure.
- Rewards follow a halving cycle every two years.
- 90% of staking rewards go to users, 10% to a governance treasury.
MathChain is integrated with MathWallet, allowing seamless asset management, staking, NFTs, and DeFi interaction.
What are the potential use cases for MathChain?
MathChain powers a diverse suite of real-world Web3 applications:
- MathWallet: Manages assets, NFTs, and staking across 100+ blockchains.
- MathVault: Provides liquid staking and yield farming through VPoS pools.
- MathSwap and MathPay: Enable decentralised token swaps and crypto payments.
- MathDAppStore: A platform for discovering and interacting with multi-chain decentralised apps.
Key industries and sectors:
- DeFi: Staking, yield farming, and lending with cross-chain liquidity.
- Web3 wallets and infrastructure: Targeting both retail and institutional users.
- NFTs, gaming, and payments: Supporting seamless interactions across networks.
Strategic partnerships include:
- Investors: Binance Labs, Fenbushi Capital, Multicoin Capital, and others.
- Ecosystem integrations: Polkadot parachains and Cosmos IBC for interoperability.
What is the history of MathChain?
MathChain originated from MathWallet, launched in 2018–2019 as a multi-chain wallet project. The MATH token was introduced in 2019 as an ERC-20 asset, later evolving into the native token of MathChain.
Notable milestones:
- 2019: MATH token launched with support for over 25 chains and the start of VPoS mining.
- 2020s: Expanded to over 100 supported chains and announced MathChain’s mainnet.
- Present: Continues development with a ~$10M market cap and ~$0.04 token price as of late 2025.
Major developments:
- Transition from Ethereum ERC-20 to MathChain-native token.
- Regular halving events and token burns to support long-term sustainability.
- On-chain governance used for upgrades and decision-making, with no hard forks.
MathChain has evolved into a comprehensive, cross-chain Web3 infrastructure platform backed by strong VC support, aiming to simplify DeFi and asset management at scale.