Mozart Finance is the coolest DeFi project on the Binance smart network
Mozart Finance, a project that plans to go live on the Binance Smart Chain, is proud to present a presale token that will come soon after a successful smart contract audit. ImmuneBytes' audit is the first smart contract for its native token, PIANO.
The audit is proof that the platform values its customers and their funds highly. As such, Google sees this move as the first among many heralding community confidence in its protocol.
The DeFi Ecosystem is building a deflationary agricultural ecosystem through a combination of technology and deflationary mechanisms for the best benefit to its users.
This takes into account the constant deception surrounding the DeFi space and, more than that, the failure of many young projects to achieve their goals. As a result, it puts forward its best strides towards developing sustainable, long-term options for DeFi users.
PIANO In Symphony
Based on the DeFi protocol, the ultimate goal is to make PIANO instantly a deflationary token that 'functions like a symphony'.
Born as a branch of Goose Finance, Mozart Finance hopes to be the next big factor in BSC, providing customers with many options that can be utilized to get a completely different prize. Likewise, it works in the direction of utilizing PIANO as a medium for safe pumps with an efficient combustion mechanism.
In addition, it creates an environmentally friendly yield agricultural pathway with an excessive APR, with additional plans for improvement on the best roads.
Mozart Finance Features
Mozart Finance leverages the capabilities of Binance Smart Chain to achieve its goal of creating a sustainable deflationary DeFi ecosystem. According to the development team, the network will be packed with features that are sure to grab some interest when it launches.
Here are some of the best features announced so far.
Agricultural product
Mozart Finance's core functionality is the yield farming protocol. The developer has announced that the platform will offer several pools that will provide the top APR to investors. Yield Farming is a better alternative to trading as it doesn't require intensive research. You lock your funds in the YF pool, and you receive rewards based on your level of participation.
PIANO
PIANO is the original DeFi and utility token for Mozart Finance. These tokens are designed to serve multiple purposes within the system. You can farm, play games, participate in IFO and a number of other cool profit generating functions using this token. You also receive a reward in this token. In addition, you get voting rights when you hold the PIANO.
Governance
Mozart Finance integrates a community governance system to give users more control over the development of the platform. PIANO holders can submit improvement proposals and vote on important issues in the network. Community governance mechanisms are becoming very popular in the DeFi sector as they provide a higher level of transparency to users.
Lottery
In the coming weeks, Mozart Finance intends to start a draw. The user will be able to participate in this game by holding only a certain number of PIANOs. More details will be released soon about this feature.
NFT support
Another upcoming feature to watch out for is network NFT support. NFTs are the hot stuff on the market today, with some selling for millions of dollars. Mozart Finance strives to provide support for this growing industry in the deflationary ecosystem. Users will be able to trade, collect and create NFTs using Mozart Finance.
Decentralized Betting
Mozart Finance will also venture into the decentralized world of betting. Users will be able to bet on their favorite games and get the winning tokens they win. Deflation betting is another fast-growing sector in the blockchain industry. The decision to provide support for this service could pay off for Mozart Finance.
Loan
As part of their inclusive approach to the DeFi market, Mozart Finance intends to support P2P lending protocols. DeFi's lending protocols put you in the bank's place. You can lend your funds to the lending pool and earn interest on your efforts. Best of all, the protocol is set up in such a way that you receive payments on time, regardless of whether lenders live up to their commitments.
IFO
One of the most attractive features for users and other blockchain projects is the network Initial Farm Offering option. IFO is considered more democratic and transparent than ICO. As such, they have seen rapid adoption by the DeFi company over the last few months.
Benefits of Mozart Finance
The main benefit that Mozart Finance users will enjoy is a deflationary mechanism which adds to the overall stability of the platform. Through a combination of various token burning mechanisms, Mozart Finance hopes to ensure better network longevity.
In particular, 1% of each transaction will be forfeited. In addition, the network performs random weekly burns based on current market conditions. Lastly, all unsold pre-sale and initial liquidity tokens must be burned. This burning strategy will allow Mozart's developers to maintain maximum control over the value of the platform's native token, PIANO.
Higher ROI
Another major attraction of Mozart Finance is their high APR. Developers have boasted that these rates will go far and beyond current industry standards. When combined with the deflation tactics that the platform is trying to implement, Mozart Finance hopes to provide a lucrative alternative for the DeFi community.
Security
Mozart Finance recently announced its intention to perform several code audits. The developers have signed a contract with ImmuneBytes to carry out their first audit. The platform promises to do more audits before the start of next week's pre-sales.
Without Rugs Attractive
In line with the developer's desire to provide more transparent yield farming options to the DeFi community, the platform integrates several consumer protections. Primarily, the network has arranged for its liquidity to be locked for 8 months after the completion of the pre-sale.
Cost Effective
Another reason investors may find Mozart Finance attractive is its lower transaction fees. Since the network relies on BSC and not Ethereum, it is not subject to the exorbitant gas fees found on other popular DeFi platforms. Recently, investors are looking for alternatives in the market to avoid this increase in gas costs.
History of Mozart Finance
Mozart Finance comes from a hard fork from Goose Finance. The platform is given a unique name because it comes from the same city as the famous composer Mozart. The company's pre-sale will launch next week. Users can participate using BNB, and early investors receive huge discounts.
A Public Presale of Brewing
Mozart Finance made mandatory preparations ahead of the presale which will start in March. The Protocol proposes three additional contracts to be audited prior to the launch of its pool and farm. Crews are estimated to be 5–10 days ahead of ImmuneBytes to complete the final reasonable contract audit.
The only challenge is launching a specific time and date for the presale.
PIANO has a complete inventory of 9,600,000 tokens with a printed supply of 100,000. The protocol plans to distribute:
- 61% of the token goes to his farm
- 30% to the music pool
- 9% for builders.
The 100,000 tokens that have already been printed will act as they initially provide:
- 55,000 tokens for token sale
- 40,000 for key liquidity
- 5,000 for advertising and marketing.
The presale comfortable close will likely be 800 BNB and the tough close at 2000 BNB, with 1 BNB meaning 27.5 PIANO. Customers want a minimum 0.2 BNB of their wallet to take part in the public presale. That said, you can increase it at any time by the amount set at 20 BNB.
50% of the BNB collected during the sale will be directed towards providing liquidity for the protocol. 45% will go to cash, while the remaining 5% will go to the developer's pocket. The Treasury Fund will assist in the buyback, advertising and marketing as well as future upgrades, and the burning of PIANO.
To increase the nature of deflation, 1% of each transaction is likely to be forfeited. Additionally, 50% of all fees will likely be used to reward PIANO token holders.
Conclusion
Mozart Finance summarizes the current drive for finding an Ethereum alternative in the DeFi space. This platform aims to offer a complete ecosystem that is deflationary and inclusive. Since Ethereum is at its highest in gas costs, Mozart Finance could prove a valuable asset in the future. For now, interested investors can find out more information about the project here:
ACCURATE INFORMATION
Website: https://mozartfinance.gitbook.io/mozart-finance/
Twitter: https://twitter.com/MozartFinance
English Telegram Chat: https://t.me/MozartFinance
Telegram Announcement: https: // t .me / MozartFinanceAnn
Author: Homio
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2865336
Komentar
Posting Komentar