👑 Midas Gold is another DeFi product after Midas Dollar added to the Midas DeFi ecosystem. Midas Gold (MDG) — The Golden Incentive Plan for Midas Economy on Binance Smart Universe has been born, to reward the stakeholders of Midas Economy such as Mi-Vault, Mi-Dex etc.
🧭 In the first phase of Midas Gold, we will focus on developing:
- MDG yield farming
- Launchpools — stake MDG in order to earn tokens with the projects participating in IDO on Midas Gold
- Automated Market Making
More to come on the Midas DEFI Roadmap with high synergy between DEFI products and existing ecosystems.
💡 Unique mechanism MDG
A 4% fee will be given to the Golden DAO Fund when you participate in pool farms (not including MDG).
No dev fund.
Besides that, these will happen when you harvest prizes:
- 10% minted MDG to re-incentivise for the farm pools.
🧮 Token allocation
- Token name: MDG
- Contract Address: 0xc1edcc306e6faab9da629efca48670be4678779d
- Initial Max Supply: 1 million
🌈 How to earn MDG
This is a fair-launch liquidity yield farming for every stakeholder of Midas Economy. There will be neither presale, nor pre-mine, nor dev fund, nor token distribution for Midas team.
Note: During the first hour of farming, the MDG-pools multipliers are set to 0x
☝️ MDG Touch
We will announce soon
💞 Triple rewards:
- MDG (0.2 per block in the first week. Then reduce 2.5% every week)
- MDO (0.01 per block)
- bCash (0.01 per block)
In the first 10 days, 75% rewards will be locked and disbursed 2% every day from the 11th day to the 50th day.
For rewards distributed after the 10th day, you can claim 100% right after being awarded.
Come and enjoy a prosperous life in the Midas Golden Economy!
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