Multichain (BSC) wallet

What is Multichain (BSC) (MULTI)?

This is the BNB Smart Chain deployment of MULTI, the governance token of the Multichain cross-chain router, the bridge protocol that grew out of Anyswap. The router moved assets between chains by locking them on one side and minting a bridged version on the other, and MULTI was the token attached to that protocol's governance and fee model rather than to any single chain.

The part a holder has to know: the Multichain service stopped operating in 2023, its routers were halted and bridged balances that depended on them were left without a working redemption path. MULTI on BNB Smart Chain did not disappear with it. It remains a transferable BEP-20 balance, but it is a governance token for machinery that is no longer running, and it should be judged as that and nothing else.

MULTI also exists as separate deployments on other chains, each a distinct contract with its own supply on its own network. They are not interchangeable balances, and sending to an address on the wrong chain does not convert anything. Tangem keeps each network's balance as its own line and names the network on the confirmation screen before the card is tapped to sign, so the chain you are about to spend on is visible while you can still stop. Reviewing that screen is on you, but with a token that has same-ticker twins elsewhere, having it stated plainly at signing time is worth something.

Supported networks in Tangem (1): BNB Smart Chain.