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Home All Events - Ape O'Clock Moneyrain Yield Farm Launch


Aug 05 2022

TimePacific Time

1:40 am

Your Time

  • Timezone: America/New_York
  • Date: Aug 05 2022
  • Time: 4:40 am



Moneyrain Yield Farm Launch

New farm launch on BSC from the Waterfall / Moneyrain team.

  • Farm:
    • 3% deposit fee for non-natives, 0% for natives
    • No harvest lockups
    • No transfer tax
    • ❌ Unknown emission rate
    • 1-2% referral commission
  • Tokens:
      • 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
      • Can be staked in the traditional yield farm beginning Aug. 5
    • 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
  • 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
    • 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
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