DeMountain Finance ROI dApp Launch

New Avarice fork on BSC.

DETAILS

• Stake $MOUNT (native farm token) to earn a share of the $MATIC dividends from the Daily Auction pool and interest paid in $MOUNT
• $MOUNT can only be purchased or sold on the dApp
• Only staked $MOUNT, not $MOUNT tokens can be sold
• $MOUNT is purchased using $MATIC by participating in the Daily Auctions
• $MOUNT can be staked for up to 300 days staking period
• Staked $MOUNT and dividends can only be withdrawn at the end of the staking period
• Bonus $MOUNT is also distributed at the end of the staking period; calculated based on the staking period — the longer the stake time, the higher the bonus percentage
• Active stakes can be traded on the dApp
• Daily Auctions
  • users deposit $MATIC to receive $MOUNT tokens
  • 90% of $MATIC in the auction pool is distributed to stakers, 8% for team, buybacks, and marketing
  • dividend payouts are capped at 60 days
  • no minimum or maximum deposit
  • supply of $MOUNT in the auction pool decreases by 5% daily (see tokenomics)
• Users can borrow and lend $MATIC using active stakes as collateral
• Fees: 8% on Daily Auction deposits
• Referral commission — (paid in $MOUNT) 3% Referrer / 15% Referee

• Tokenomics
  • $MOUNT (“DeMountain”) is the native farm token
  • Total supply: 3,000,000; allocated to Daily Auction
  • $MOUNT token value and price is determined by the amount of $MATIC invested into the system

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