Tag: Rebase
Hacker Siphons Close to $300K in OHM Tokens From the Olympus DAO
On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM […]Moonshoot Finance Announces Auto-Staking and Auto-Compounding Protocol
The Moonshoot Finance team is pleased to announce its auto-staking and auto-compounding protocol that offers the higher revenue.
While highlighting the benefits of the protocol, the developer team noted that it offers the following:
• Fastest and highest fixed APY of about 383,025.80%.• Automatic staking and compounding in each user's wallet.
• 96 times rewards daily – every 15 minutes.
• Fully KYC on Interfi and Pinksale.
• No minting to a wallet.
• Multiple use cases such as games, NFT, exchange, Launchpad, and staking.
Moonshoot Features
- Moonshoot Treasury
The Treasury supports the MIF whenever the $MST token's price drops drastically. It also funds new Moonshoot projects, investments, and markets Moonshoot projects.
- Moonshoot Insurance Fund
The MIF is the project's insurance fund that supports its long-term sustainability and price stability. To achieve this goal, it maintains a 0.02355% rebase rate that is paid to all $MST token holders.
The team explained what it intends to achieve with the MIF. According to the team, it was set up to prevent flash crashes through price stability, reducing downside risk greatly, and achieving the Moonshoot Protocol's future growth and long-term stability, among other things.
Towards this end, “5% of all trading fees are stored in the Moonshoot Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.”
- The Fire Pit
The Fire Pit is where 2.5% of all traded $MST is burned. The amount of burned tokens is determined by the trading volume. The Fire Pit grows in size according to the volume; thereby reducing the token's circulating supply while stabilizing the Moonshoot Protocol.
- Moonshoot Auto-Liquidity Engine (MALE)
The Moonshoot Auto-Liquidity Engine is designed to “inject automatic liquidity into the market.” Each buy or sell transaction attracts a 4% tax fee that is automatically stored into an Auto-LP wallet. The protocol's smart contract contains a mechanism that takes half of the wallet's balance and buys BNB automatically at the current price market.
The other half of the wallet balance will be used for liquidity and therefore give a 50.50 BNB/Moonshoot that will be “automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.”
MALE does this every 48 hours and thereby allow $MST token holders to sell their assets at their convenience with little or no market slippage. That's also a brilliant way to maintain protocol stability and ensure that the APY is upheld throughout the Moonshoot's lifespan.
How to buy the $MST token
To purchase the $MST token, click the link below:
https://app.bogged.finance/bsc/swap?tokenIn=BNB&tokenOut=0x1168aD5AA9A6A2D6c688E714B7a3e0C8535C6182
Moonshoot Contract: 0x1168aD5AA9A6A2D6c688E714B7a3e0C8535C6182
Audit: https://github.com/AuditRateTech/Smart-Contract-Audits/blob/main/Moon_Shoot_0x1168aD5AA9A6A2D6c688E714B7a3e0C8535C6182.pdf
Social Media
Twitter: https://twitter.com/MoonshootFnance
Facebook: https://www.facebook.com/MoonshootFinance-110327348284625
Telegram: https://t.me/moonshoot_finance
Company Name: Moonshoot
Email: [email protected]
Website: https://www.moonshoot.finance/
Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking
PRESS RELEASE. Crypto changes quickly, with new tax laws and regulations coming to several countries in 2022, impacting how people need to report their crypto gains on taxes. New regulations in the US are a hot discussion topic among crypto investors, with a bill coming to fruition severely increasing the reporting needs for crypto brokers…
The post Crypto Taxes 2022: Here’s What You Need to Know According to CoinTracking appeared first on Bitcoin News Miner.
An In-Depth Look at the Shiba Inu Ecosystem
Today’s crypto world resembles a constantly developing ocean of new tokens, coins, platforms, NFTs, and Metaverses. We’re happy to see the crypto adoption worldwide, though, in this whole new world, it might be hard sometimes to keep up with all the updates of your favorite crypto and remember the original purpose. In this article, we […]
The post An In-Depth Look at the Shiba Inu Ecosystem first appeared on CoinRabbit.
Titano Finance recovers all stolen funds from Valentine’s day hack and prepares for a smart contract upgrade
Crypto Exchange Bit.com Will List LEASH and Bone on Spot Market
Bit.com, one of the leading high-performing crypto exchanges, has announced to list LEASH and BONE on its spot market. From February 10, 2022at noon (UTC) platform will support the deposit and withdrawal of the two listed tokens. LEASH/USDT and BONE/USDT trading pairs will be available simultaneously on bit.com. LEASH and BONE are part of the Shiba Inu ecosystem In 2021, Shibu Inu “barked” the most, becoming the dog-themed crypto’s alpha. Shiba INU (SHIB), Leash (Leash), and Bone (Bone) are the three tokens that make up the Shiba Inu ecosystem (BONE). The Shiba Inu ecosystem’s most significant component is the SHIB token. LEASH and BONE are part of the Shiba Inu ecosystem, one of the most popular meme coins. LEASH, also known as “Doge Killer,” is designed to incentivize liquidity providers (LPs). Created initially as a rebase token (stablecoin), it is now “released” from any underpinning asset. BONE is touted as the potential governance DAO token for Shiba Inu’s community, the very aptly named ShibaArmy. “It may seem bizarre to many serious investors how meme tokens can easily grab the spotlight in crypto space. However, I would argue that these meme tokens explored another frontier of community movement, amassed by collective fondness, developed by community creativity, and contributed to by borderless participants. All of whom are utterly spontaneous and full of surprises.” noted Toya Zhang, Chief Marketing Officer of bit.com. Bit.com to Launch Crypto Economy’s First Bitcoin Cash Options Market Bit.com, a Matrixport derivatives exchange, had announced the launch of the first bitcoin cash perpetual swaps and options on January 21. According to the exchange, there were no options market for bitcoin cash before the product’s launch, and the company feels there is an opportunity for improvement in this area of crypto derivatives. Bit.com is a full-service cryptocurrency exchange founded by Matrixport, a Singapore-based integrated financial services organization. Bit.com has been operating since August 2020, covering BTC, ETH, and BCH endless futures and options products, with a particular focus on being the first to launch BCH options. Bit.com is the second-largest trader in the BTC and ETH options market in terms of volume.
The post Crypto Exchange Bit.com Will List LEASH and Bone on Spot Market appeared first on Cryptoknowmics-Crypto News and Media Platform.
Hector Finance Launches its Stablecoin $TOR
Hector Finance has successfully launched TOR, its much-awaited stablecoin, and a key component in the Hector ecosystem. Hector Finance has ... Latest Intelligence
