MMF’s Burrow Public Sale

Hybrid CDP and fractional collaterised stablecoin platform launch on Cronos, by the MMF team.

DETAILS

• Will be held on MMF launchpad, here and will last 24 hours
• Max supply: 300,000,000 BURROW
  • 78.33%: Global Farming Incentives
  • 15%: Treasury (unlocked linearly)
  • 1.67%: Initial Liquidity
  • 5%: MMF launchpad
• Public sale price: $0.10 / BURROW (in SVN)
• This will use the overflow method, where contributors will get pro-rata allocation if the sale exceeds the hardcap
• BURROW will be a governance token for MMF Money
• MUSD fees from CDP on the MMF money platform will be distributed to BURROW holders
• Funds of the presale will be distributed as follows:
  • 67% of SVN raised will be burnt
  • 33% of SVN raised will be used to form initial liquidity

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