According to DeFi Pulse, there is $1.9 billion in crypto assets locked in DeFi right now. According to the CoinDesk ICO Tracker, the ICO market started chugging past $1 billion in July 2017, just a few months before token sales started getting talked about on TV.
Debate juxtaposing these numbers if you like, but what no one can question is this: Crypto users are putting more and more value to work in DeFi applications, driven largely by the introduction of a whole new yield-generating pasture, Compound’s COMP governance token.
Governance tokens enable users to vote on the future of decentralized protocols, sure, but they also present fresh ways for DeFi founders to entice assets onto their platforms.
That said, it’s the crypto liquidity providers who are the stars of the present moment. They even have a meme-worthy name: yield farmers.
Where it started
Ethereum-based credit market Compound started distributing its governance token, COMP, to the protocol’s users this past June 15. Demand for the token (heightened by the way its automatic distribution was structured) kicked off the present craze and moved Compound into the leading position in DeFi.
The hot new term in crypto is “yield farming,” a shorthand for clever strategies where putting crypto temporarily at the disposal of some startup’s application earns its owner more cryptocurrency.
Another term floating about is “liquidity mining.”
The buzz around these concepts has evolved into a low rumble as more and more people get interested.
The casual crypto observer who only pops into the market when activity heats up might be starting to get faint vibes that something is happening right now. Take our word for it: Yield farming is the source of those vibes.
But if all these terms (“DeFi,” “liquidity mining,” “yield farming”) are so much Greek to you, fear not. We’re here to catch you up. We’ll get into all of them.
Which is why we have decided to use a great example to break it down to you so that while you learn you can also invest your money which makes it a win win situation.
WE SHALL BE DISCUSSING ABOUT MONIBOOKS
DEFINITON OF MONIBOOKS
MoniBooks (MNBKS) is a platform built for cooperative farming based on defi. The company has launched a new product — the MNBKS token. Very favorable conditions have been created for investment and prospects for the development of the project, entering new trading platforms to conquer the global Internet space for trading tokens. MNBKS token. is an investment for all interested users. The company provides income to its investors by distributing rewards among users according to the number of tokens provided and the storage time of tokens on the betting platform. Directly, the MoniBooks platform allows you to use the MNBKS token for betting, farming, rewarding, voting and management.
The MoniBooks Advantage:
Minimized Risk
Interest Account aims to give you high-yield returns as fast and as easy as possible. That’s why our new product is one of the most intuitive and accessible in our portfolio.Withdraw Whenever
Your funds are never locked as it often happens with a traditional bank savings account. You are free to withdraw the funds at any time with a single click.Hold Score
To generate profitability, HOLD or use the trade option within the exchanges where MNBKS is available! Enjoy the DeFi technology to optimize your earnings.Passive Income
You are guaranteed to earn a fixed interest on your asset. Watch your savings grow every day, withdraw whenever you want. Money works for you 24/7, even while you sleep.
TOKENOMICS
Token Name: MoniBooks Token
Token Type: ERC20
Picture: MNBKS
Decimals: 18
Hard and fast Supply: 550,000.00 MNBKS
Understanding: 0x1981c31678fb5f427ad3f15ca08f0b1cb0c7504e
DISTRIBUTION
Treasury : 220,000 (40% : Liquidity, etc)
Team : 110,000 (20%)
Private Sale, Auction Sale/Marketing : 220,000 (40% - Private monetary sponsor, airdrops, bounties and advancing/exercises)
It is with great joy that we pronounce our representative arrangement on bounce.finance stage. The emblematic arrangement is for early adopters to buy $MNBKS at a restricted expense and use it to secure more $MNBKS through the MNBKS/ETH pool on the stage.
Guidelines on how to Buy $MNBKS
Go to https://bounce.finance/ or https://app.bounce.finance/ site and enter pool ID (# 5188) or Pool NAME (MoniBooks Sale) on the point of arrival. The Official Token Contract address is: 0x1981C31678Fb5f427AD3f15Ca08F0b1cb0c7504e
Use Google Chrome to relate your Ethereum wallet to participate in the ricochet pool.
Send your ETH to exchange for MNBKS tokens, the amount of MNBKS tokens you get relies upon the Ratio (1500/ETH).
MNBKS tokens will be dispatched off customers' wallets following the exchange has been executed successfully.
The Company's Site
https://app.bounce.finance/governance
https://www.monibooks.com/farms
A very convenient post mining program that is provided on the platform is:
- MNBKS-ETH
Deposit MNBKS-ETH UNI-V2 LP - USDC-ETH
USDC-ETH UNI-V2 LP deposit - WBTC-ETH
Deposit WBTC-ETH UNI-V2 LP - DAI-ETH
Deposit DAI-ETH UNI-V2 LP
ABOUT THE TEAM
The company has a team of professional specialists. The company consists of highly motivated and experienced professionals in many areas of financial activity. Due to the regulatory uncertainty of DeFi, the founding members are semi-anonymous. The average type of customers ranges from individual online entrepreneurs to banks and financial corporations ready to save their savings during the global crisis. The favorable conditions provided by the company allow the growing user to safely make transactions on a secure system and earn money from mining pools.
The economic policy of the company conducts a number of measures to introduce its products of the company’s investment token as a bounty company and an airdrop.
The development of the company’s economic policy is designed to fulfill a specific goal of introducing its products and services to the masses of ordinary users and availability. The airdrop is designed for 2000 participants, for a distribution amount of only 50,000 MNBKS. distribution will take place in the last week of April 2021.
Conclusion
MoniBooks(MNBKS) is a DeFi Stake and Yield Farming Platform. It is an 100% community owned DeFi Protocol for liquidity farming and dApps
Monibooks is a great project with good concept and the reward from investing in it is bound to be so much,Hurry up and invest in it.
For more information, please visit the links below:
Website: https://www.monibooks.com/
Telegram Channel: https://t.me/monibooksyfchannel
Telegram Group: https://t.me/joinchat/G1AYLvmApuVbHkEE
Twitter: https://twitter.com/MonibooksYF
Medium: https://medium.com/@monibooks
Smart Contract: https://etherscan.io/address/0x1981C31678Fb5f427AD3f15Ca08F0b1cb0c7504e
Exchange: https://app.uniswap.org/#/swap?inputCurrency=0x1981C31678Fb5f427AD3f15Ca08F0b1cb0c7504e
Bitcointalk Username: Maniecool
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1692995
Telegram: @maniecool_XRM
POA: https://bitcointalk.org/index.php?topic=5314563.msg56319271#msg56319271
No comments:
Post a Comment