To meet the ever-evolving needs of the world, there is a parallel world being built and grown stronger every day, decentralized transactions. Decentralized exchanges (DEXs) do not require middlemen or custodians to facilitate trading.
Although there are many new platforms released to users, each has its own limitations. And below, a completely new platform will be introduced to you, a more complete platform, an upgraded platform of many other ones nowaday.
MoonDeFi’s protocol
The first thing you should know is the protocol of this platform. Since its inception, the MoonDeFi Protocol (”MoonDeFi”) has served as trustless and highly decentralized financial infrastructure.
Inspired by Ethereum’s vision, they have long committed to the ideals of permissionless access, security, and immutability, all indespensable components for a future where anyone in the world can access financial services without fear of discrimination or counterparty risk.
Instead of requiring buyers and sellers to create liquidity, MoonDeFi creates markets automatically. And unlike modern centralized exchanges, it is a decentralized exchange, there is no middleman at all, and nothing is called an intermediary, either.
There is one more special thing about the platform, that is that traders can exchange Ethereum tokens (tokens that are being built on the Ethereum blockchain) on MoonDeFi without having to trust anyone with their money. Anyone can lend their cryptocurrency to the liquidity pool and collect fees. This is done by an equation that automatically determines and balances the value based on actual needs. This is one of the first completely decentralized protocols to provide automated liquidity in Defi.
Liquidity Farming (Staking)
The innovative Defi platform MoonDeFi has recently made liquidity mining available to users. After the Liquidity Providers contribute their coins to the pool, they will receive LP tokens. Liquidity Providers can use those tokens to participate in the Staking Program with a high profit rate. The reward will be distributed among users who deposit funds to the liquidity pool and join this program.
Besides, Staking program is also applied for holders of other tokens.MoonDeFi automatically searches for the latest and most efficient DeFi platforms. It then optimizes productivity with the latest algorithms that can find highly profitable, at the same time very affordable groups for the user. Users then benefit at a steady rate of interest through farming.
At MoonDeFi, when users stake a coin/token, they will receive an interest of 30-40% a year, but when users become a liquidity provider and stake their LP tokens, the interest can go up to 45%, a number that is truly different from those of other platforms. Besides, MOON, the native token of the MoonDeFi platform itself, is the one with the highest APY of 150%. It is only issued in a certain small number of 210 million tokens.
The farming program will go live November 16 2020 12:00am UTC. The initial program will run until February 16 2021 12:00am UTC and target the following 29 pools on MoonDeFi:
- MOON
- MOON/WBTC
- MOON/ETH
- MOON/DAI
- MOON/UNI
- MOON/USDC
- MOON/USDT
- MOON/LINK
- WBTC/USDC
- ETH/USDT
- ETH/USDC
- ETH/DAI
- ETH/LINK
- ETH/UNI
- ETH/WBTC
- USDC
- DAI
- WBTC
- TUSD
- BUSD
- AUSDC
- PAX
- UNI
- LINK
- AAVE
- MKR
- COMP
- CRV
- YFI
1,000,000 MOON will be allocated per pool to LPs proportional to liquidity.These MOON are not subject to vesting or lock up.
After 30 days, governance will reach its vesting cliff and MoonDeFi governance will control all MOON vested to the MoonDeFi treasury. At this point, governance can vote to allocate MOON towards grants, strategic partnerships, governance initiatives, additional liquidity mining pools, and other programs.
MOON Allocation
210 million MOON have been minted at genesis and will become accessible over the course of 4 years. The initial four year allocation is as follows:
- 69.00% to MoonDeFi community members 144,900,000 MOON
- 18.25% to team members and future employees with 4-year vesting 38,325,000 MOON
- 12.50% to investors with 4-year vesting 26,250,000 MOON
- 0.25% to advisors with 4-year vesting 525,000 MOON
A perpetual inflation rate of 2% per year will start after 4 years, ensuring continued participation and contribution to MoonDeFi at the expense of passive MOON holders.
With 20% of tokens already available to be claimed by historical users and liquidity providers, the governance treasury will retain 49% of MOON supply to distribute on an ongoing basis through contributor grants, community initiatives, liquidity farming, and other programs.
MOON will vest to the governance treasury on a continuous basis according to the following schedule. Governance will have access to vested MOON starting November 1 2020 12:00am UTC.
Year | Community Treasury | Distribution % |
Year 1 | 57,960,000 MOON | 40% |
Year 2 | 43,470,000 MOON | 30% |
Year 3 | 28,980,000 MOON | 20% |
Year 4 | 14,490,000 MOON | 10% |
Team, investor, and advisor MOON allocations will have tokens locked up on an identical schedule.
So, in summary, MoonDeFi is a more complete version of other DeFi platforms, with the transaction fee earnings of 0.3% of trading for Liquidity Providers and the staking interest up to 45% annually.
An Announcement from the MoonDeFi Team
Currently, airdrop & bounty and marketing programs are being launched, the total reward is up to 10 million MOON, equivalent to 10 million USDT. All interested parties need to do is to follow the airdrop bot t.me/moondefi_airdropbot and write blog content or make videos about the project, with each individual reward being up to 150 MOON (~150 USDT).
For more detailed information on these two programs, please visit this link.
MOON TOKEN SALE
MoonDeFi is carrying out a Token Sale at the moment. Users who would like to participate in MOON Token Sale should contact moondefi.org.
Symbol: MOON
Token type: ERC-20
Total Sale: 32,000,000 MOON
- Pre-Sale (3 Dec 2020 – 31 Dec 2020) :8,000,000 MOON – Price: 0.25 USDT
- Public Sale Round 1 (01 Jan 2021 – 31 Jan 2021): 12,000,000 MOON – Price: 0.5 USDT
- Public Sale Round 2 (01 Feb 2021 – 28 Feb 2021) : 12,000,000 MOON – Price: 0.75 USDT
MoonDeFi Community
MoonDeFi Contact
MoonDeFi contract & token addresses
- Contract: 0x765b2d50dE69219A418383F79a4973568d537F90
- Token: 0x71924a8d733ae1bbc18d243e1deb56e767440eb6