Moon Defi

Ademola Balogun
3 min readDec 12, 2020

What is Moon Defi?

Moon Defi is an ethereum based protocol for swapping ERC 20 tokens without the need for and order books. Traditional cryptocurrency exchanges do require buyers and sellers to create demand before and exchange of tokens can happen. This creates a problem of liquidity when one side of the market is not fulfil. Moon Defi solves this problem in an innovative and efficient way.

Why Moon Defi?

Moon Defi is an innovative solution to today’s swapping problems. The followings are the advantages of Moon Defi:

1) Fully decentralized protocols for automated liquidity provision in the Defi.

2) No company, no KYC and no middle man.

3) Moon Defi was designed with a very minimal fee structure.

4) Lots of use cases — staking, lending etc.

Features of Moon Defi

- Liquidity Pool & Liquidity Provider

Moon uses liquidity pool which are tokens locked in smart contract. Tokens are enough for users to exchange among themselves using ethereum as a conduit. Additionally, anyone can create a new pair in a new liquidity pool for any token any time. Liquidity providers are however those who contribute to the pool. These can be anyone.

- Moon DeFi Liquidity Staking (Farming)

Liquidity providers benefit from contributing to the pool by earning LP tokens. These tokens can be used in the platfor staking program to gain MOON at a very profitable rate. They earn as high as 30%-45% for staking LP tokens. Users can also stake other tokens with the same ERC-20 protocol, including MOON — the native token of MoonDeFi to get APY of 30–40%.

- Moon DeFi Token (MOON)

The Moon Defi native token is MOON. The token, MOON will be used to carry out many activities in the platform. With a professional and methodical marketing strategy, high interest rates and attractive rewards, owning this coin will certainly bring high value in the future for any investor. Additionally, staking MOON token attracts the highest interest rates.

- Community-led Growth

Moon DeFi is particularly well positioned for community-led growth, development, and self-sustainability. The introduction of MOON (ERC-20) serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.

MOON Allocation

- 210 million MOON have been minted at genesis and will become accessible over the course of 4 years. The initial four year allocation is as follows:

o 69.00% to MoonDeFi community members 144,900,000 MOON

o 18.25% to team members and future employees with 4-year vesting 38,325,000 MOON

o 12.50% to investors with 4-year vesting 26,250,000 MOON

o 0.25% to advisors with 4-year vesting 525,000 MOON

o A perpetual inflation rate of 2% per year will start after 4 years, ensuring continued participation and contribution to MoonDeFi at the expense of passive MOON holders.

Moon Defi is the best crypto asset you can have in your portfolio at this period. Its high yield reward program is second to none and I encourage every smart person to buy this.

For more information, kindly click on the links below:

Website: https://moondefi.org/

Whitepaper: https://moondefi.org/docs/whitepaper.pdf

Medium: https://medium.com/@moondefigroup

Telegram channel: https://t.me/moondefiofficial

Telegram group: https://t.me/moondefiofficialgroup

Twitter: https://twitter.com/moondefi_info

Reddit: https://www.reddit.com/user/moondefi

Proof of Authentication: https://bitcointalk.org/index.php?topic=5291354.msg55813191#msg55813191

Author BTT Username: ademicho123

Forum profile link: https://bitcointalk.org/index.php?action=profile;u=1249349

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