The Metaplex Foundation, in partnership with Mutant Labs, has introduced the launch of MPL-404, an modern framework and on-chain protocol that integrates fungible and non-fungible property in an idea often known as “hybrid DeFi.”
Mutant Labs, recognized for its experience in hybrid DeFi options on Solana, has contributed its SPL-404 swap program to the Metaplex Program Library (MPL) to increase the capabilities of MPL-404 and improve the event of recent hybrid DeFi applications and instruments.
This initiative goals to reinforce Solana’s performance and assist its progress as a most popular blockchain for digital property and web3 functions.
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