AN INTRODUCTION TO MOONDEFI
MoonDefi is a fully decentralised system of Crypto Exchange that enables token swapping through automated equations. The tokens traded in MoonDefi are Etherunm based. It allows the traders to Exchange their tokens without having to consult anyone.
The MoonDefi Exchange has a Liquidity pool. The pools have a combination of the MOON and other tokens. Participants in MoonDefi contribute Etherum crypto tokens to the pool. Those who contribute to the pool are referred as the Liquidity providers. The Liquidity Providers are rewarded with MOON tokens (which represent their share in the Liquidity pool and also redeemable by depositing equivalent value) for their contributions to the pool. The LP tokens can be staked and also earn profit. Transactions in the pool are charged a very low fee.
MOON LIQUIDITY
MOON is the basic token of MoonDefi exchange. It is an ERC 20 token. Most transactions done in MOONDEFI are based on MOON tokens. The value of MOON appreciates with the interest earnings on activities in the Liquidity pool. MOON tokens, together with other tokens are staked in the LP. A fee of 0.03% is charged on all transactions in the pool, these earnings from the pools are shared to Liquidity providers/MOON holders. Thus, giving rise to demand for MOON. Thus, leading to increases in Its value. The MOON has a high staking interest and yields good rewards to its holders.
The Moondefi has a set of 29 pools with allocation of 1,000,000 MOON.
TOKEN ALLOCATION
MoonDefi Exchange has allocated 210,000,000 MOON for the project. They are allocated as follows;
∆ management team/employees will receive 18.25%
∆ MoonDefi community users is allocated 69.00%
∆ 12.50% for investors
∆ the advisors will receive 0.25%
The tokens are expected to be accessed within 4years, after which a 2%/ rate is attached to it.
MOONDEFI COMMUNITY
Governance
MOON holders possess the right to the governance and taking decisions in the MoonDefi community. They are the owners of the governance, treasury and protocol fee switch. They ensure the management decisions are in line with the rules and regulations of the industry.
The MoonDefi will try many experiments to foster its growth. Such as funding public goods and ecosystem grants.
Development
MoonDefi is positioned to lead growth and development in cryptocurrencies exchange. This will be achieved through their financial concepts which have brought thousands of investors into the community, and multibillion dollar fund.
MoonDefi has also provided free and secured access to financial services, and has proven that there is need for such services.
They owe these developments to the historic fund providers who initially staked their fund to the community.
CONCLUSION
MoonDefi is an equation automation decentralised crypto Exchange that is based on Etherum tokens. It has proven to have liquidity prospects. Moondefi has brought some investors into the cryptosystem through their financial concepts which guarantee a good return on the investor. MOON token has also proven to be liquid and promises to stand the test of time.
🔴 Project Website/Social media and Other Links:
🌐 Website: http://moondefi.org
🕊 Twitter: https://twitter.com/moondefi_info
✉️ Telegram Channel: https://t.me/moondefiofficial
✉️ Telegram Group: https://t.me/moondefiofficialgroup
♻️ Medium: https://medium.com/@moondefigroup
🐣 Reddit: https://www.reddit.com/user/moondefi
AUTHOR'S DETAILS
Bitcointalk Username: Onyiiok
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2766257
Proof of Authentication: https://bitcointalk.org/index.php?topic=5291354.msg55634281#msg55634281