Moneyrain mUSD Protocol Genesis Launch
Tomb fork on BSC from the Waterfall / Moneyrain team, with an additional dividends token.
DETAILS
- Genesis will run for 48 hours, distributing a total of 20,000 mUSD
- MUSD-BUSD – 7000 mUSD, 0% deposit fee
- MONEYRAIN – 7000 mUSD, 0% deposit fee
- WBNB – 3000 mUSD, 1% deposit fee
- BUSD – mUSD, 1% deposit fee
- Tokens:
- MONEYRAIN
- Once the presale ends, MONEYRAIN can be staked in the BUSD dividend pool, here
- Can be staked in the genesis pools with no deposit fee
- 80% of funds from the protocol’s NFT sales will be used to buyback and burn MONEYRAIN
- Can be staked in the $mSHARE farms with no deposit fee
- mUSD is the algo-stable, pegged to BUSD
- mPOWER is the governance token
- Deposit mUSD, receive mPOWER 1:1
- 20% of mUSD minted in the boardroom goes the the mPOWER staking contract
- Redeem mPOWER from the contract at a 1:?? ration – as people deposit and the protocol mints mUSD, the contract gains mUSD, increasing the ratio
- mSHARE is the shares token, with a max supply of 55,001
- 5500 for the team, vested over 12 months
- 1 for initial liquidity
- 50,000 for farm rewards over 12 months
- mBOND is the bonding token
- MONEYRAIN