MMFinance’s Savana Liquidity & Genesis Pools Launch

New Hybrid OHM-TOMB fork on Cronos by the MMFinance team, that will accumulate MMF voting rights.

DETAILS

• Docs aren’t up yet for this protocol, refer to the Medium post for info
• Genesis pools will run for 48 hours
• Public sale price: 1 MMF / SVN
• Hardcap for public sale: 1,500,000 SVN
• Follows overflow method
• Protocol will start as a DAO, accumulate MMF tokens to lock for veMMF
• SVN is the algo-stable, pegged to the price of MMF
• MSHARE is the shares token
• MBOND is the bonding token
• Public sale funds will be used as follows:
  • 40% MMF will be burnt
  • 40% MMF to initial liquidity (locked in DAO treasury)
  • 20% MMF as Reserves
• For the first month, MMF team will be using the treasury funds to support the price of SVN to stay above peg
• SVN tokens will eventually be used for MMFinance Launchpads

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