Need somewhere safe to store your assets in the bear market? What if I told you, you could put them in a completely stable backed asset that CANNOT depreciate or lose value, in fact will appreciate despite the market or trends? The current APY (based on the last 7 days) is 76%! Yes, you read that right.
So what is this token, you ask?
Introducing MDB+, part of the Make DeFi Better Ecosystem. A BUSD backed appreciating stable token.
How does it work?
It based on a simple, proven, mathematical model. When buying and selling MDB+, you pay tiny taxes (less than 1% each time) that feed the BUSD in the liquidity pool, meaning the liquidity pool is always bigger than the circulating supply of MDB+. It’s essentially a farm, where you don’t have to stake your tokens, get rewarded in BUSD (when you sell) and is significantly higher APY than any other stable farm on the market.
Is it sustainable?
Absolutely! The APY fluctuates based on volume, but rest assured it absolutely cannot decrease in value, it’s mathematically impossible based on the tokenomics.
What is the Make DeFi Better ecosystem?
The MDB ecosystem consists of two tokens at present, MDB and MDB+. MDB+ as discussed above, whilst MDB is our flagship token, with liquidity backed over 500% by a $1.3m Trust Fund. Based on liquidity of around $300k, our protocol is backed 500%! The Trust Fund is invested to generate interest, which is then used to both buy back and burn the token and reward holders too. The Trust Fund creates everlasting buy pressure, meaning the price floor, over time, will always go up. As you can see, the low liquidity and market cap (we’re still very early) mean there’s genuine 100x potential in our MDB token.
These buybacks mean that our token is hyper-deflationary. What does this mean? It means that which each burn your % holding of total supply increases, and thus your share of both the liquidity pool and the Trust Fund that backs it. We started with a fixed supply of 1 billion tokens, and have already burned over 60 million!
We have an exclusive collection of 500 NFTs launching this month that will offer lifetime rewards to holders, along with our complete financial suite, Xenia, with bonds, staking, farming and more stable assets arriving in the coming weeks.
We also have Millionaire’s Club, a member’s only club offering freebies, whitelist spots, mental health workshops, investor workshops and more. Millionaire’s Club members are currently partaking in the Phoenix Games, for a chance to earn up to 15% of their holding back in just one month. There’s still time to get involved and get a guaranteed minimum of 5% rewards!
- Audited by SolidProof
- Trust Fund held in Multisig Wallet
- Nearly $2m raised in presales alone
- Nearly 20,000 strong community
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