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Aug 20 2022

TimePacific Time

5:30 am

Your Time

  • Timezone: America/New_York
  • Date: Aug 20 2022
  • Time: 8:30 am



MM Optimizer Token Presale

Cross-chain launch of MM Optimizer platform on Polygon, from the Mad Meerkat Finance (MMF) team.

  • Presale Details
    • Presale will take place on MMF launchpad, here, and will run for 1 day
    • Commit MMF tokens to get MMO tokens
    • Presale price: 10 MMO / MMF
    • Listing price: Unknown
    • Presale allocation: 300,000 MMO
    • Presale uses Overflow method — users can commit any amount, and if presale is oversubscribed, their final allocation is proportional to their share of the total contributions and any excess MMF tokens is refunded
    • Presale fund allocation;
      • 50% — Liquidity (MMO / MMF LP)
      • 50% — Burnt
    • No vesting — 100% of presale tokens unlocked at token launch
  • Mechanics & Features
    • Auto-compounding vaults for yield farmers;
      • Single-stake MMO pool — stake MMO to earn MMF tokens
      • Single-stake MMF pool — stake MMF to earn MMO tokens
      • $MMO / MMF LP farm — stake LP token to earn MMF tokens
      • Stake MMO (Cronos) — Earn MMO (Polygon)
      • Other MMF farms — Stake LP token to earn the respective token of the pool, as well as MMO tokens
    • Fee structure;
      • 30% — Performance fee (distributed as rewards for the MMO staking pool)
      • 0.5% — Withdrawal fee (only on farms), if withdrawal happens within 72 hours of deposit
  • Tokenomics
    • $MMO is the governance and utility token
    • MMO is minted proportional to the amount of MMF earned in performance fees — 1 MMF = 0.115 MMO minted
    • Deflationary mechanism — minting is reduced as MMO price goes up
    • Max supply: 5,000,000
      • ❌ No information on how the token supply is allocated
  • Roadmap includes scaling cross-chain on BSC, AVAX, HECO, and many more


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