Moneyrain Yield Farm Launch

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

DETAILS

• Farm:
  • 3% deposit fee for non-natives, 0% for natives
  • No harvest lockups
  • No transfer tax
  • ❌ Unknown emission rate
  • 1-2% referral commission

• 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
    • 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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