Moneyrain mUSD Protocol Liquidity & Dividends Launch
Tomb fork on BSC from the Waterfall / Moneyrain team, with an additional dividends token.
At this time, liquidity will be launched for the MONEYRAIN token, and staking MONEYRAIN for BUSD rewards will be available.
DETAILS
- Presale Info:
- The presale will be held on Pinksale, here, and will last for 6 hours
- Max supply: 50,000 MONEYRAIN
- Initial supply: 10,000
- 6000 for the presale
- 3528 for liquidity
- The remainder is likely for Pinksale fee, although they don’t specify
- Initial supply: 10,000
- Presale price: unknown, this presale is using the “fair launch” model
- Listing price: unknown, dependent on presale price
- Softcap: 10,000 BUSD
- 60% of presale funds go to liquidity, locked for 370 days with Pinksale
- ❌ There is no information on where the remaining presale funds go
- 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