MoniBooks(MNBKS) is a DeFi Stake and Yield Farming Platform.
Introduction
Hello my friends, Gambangcity, on this occasion I will give a little information about the company that is extraordinary. because this company is the only company that has discussed world agriculture issues. And this company will break down the components that fuel the fast-growing yield agriculture and DeFi space these days. And Crop farming has been the flavor of cryptocurrency since May 2020, ever since Compound and other projects became famous.
In the crypto world, the fact that an investor is always looking for ways to increase profits or increase the number of coins he has in the form of trading, there is a fairly new concept which helps to increase the coin which is “Yield Farming”.
Yield Farming has become the latest trend among crypto enthusiasts. It also attracts many new users to the DeFi world.
Yield Farming (YF), also known as liquidity mining, is a way to earn rewards for holding cryptocurrency. In simple terms, it locks the token and receives the token reward. In return, the platform will provide those who lock up their funds and sometimes also share a portion of the fees with them to provide loans.The income that lenders receive through interest rates and fees is less significant. Crypto units just off the lending stage take over when it comes to tangible results. When the value of crypto lender tokens increases, users will get bigger profits, and this is a great opportunity for all of us when else let’s take advantage of this opportunity, and for more details contact the company website: https://www.monibooks.com /
What is MoniBooks?
MoniBooks(MNBKS) is a DeFi Stake and Yield Farming Platform. It is a decentralized staking platform that provides passive income to its investors by distributing rewards to users according to the amount of token staked and the retention time of the tokens on the staking platform. In addition, to yield farming strategies via smart contract, MNBKS provides security services for inexperienced users as a DeFi gateway and shows all on Blockchain to users for transparency purposes.
MoniBooks (MNBKS) is a DeFi Stake and Yield Farming Platform. It is a decentralized staking platform that provides passive income to its investors by distributing rewards to users according to the amount of token staked and the retention time of the tokens on the staking platform.
Farming:
1% fee from each transaction is distributed amongst all holders. Percentage received by holders is directly proportional to the amount of token held in wallet at the time of reward.
The token sale is for early adopters to buy $MNBKS at a discounted price and use it to earn more $MNBKS via the MNBKS/ETH pool on the platform.
How to Buy $MNBKS
1. Go to https://bounce.finance/ website and enter pool ID (# 5188) or Pool NAME (MoniBooks Sale) on the homepage.
The Official Token Contract address is
0x1981C31678Fb5f427AD3f15Ca08F0b1cb0c7504e
2. Use Google Chrome to connect your Ethereum wallet to participate in the bounce pool.
3. Send your ETH to swap for MNBKS tokens, the number of MNBKS tokens you receive is based on the Ratio (1500/ETH).
4. MNBKS tokens will be sent to users’ wallets immediately after the swap has been executed successfully.
THE PLATFORM
In the MNBKS staking platform, the next node creator or block generator is chosen via a specific formula where the node creator must bet their MNBKS token, so we use random to predict the submission. Create later using the formula to find the lowest hash value associated with the size of the stake.
So we try to achieve fairness instead of POW, where wealthy miners earn all the money. Since the stakes are public, each node can be predicted with reasonable precision that the next account will gain the right to forge the block.
The deposit reward will be provided by MoniBooks dAPP instead of the user who is making the transaction. MoniBooks uses Proof-of-Stake as a consensus mechanism. In Proof-of-Stake, to become a node validator, they need to stake their MNBKS Token in order to be elected as the next node validator. Thus, MNBKS Tokens will be given to the community of people who bet on their tokens.
The structured MoniBooks platform can be connected to a wallet, and investors can easily bet their tokens on the app. In the early phase of the project i.e. on the MoniBooks platform, investors can transfer their tokens to their wallet or another platform at any time without token locking time.
LIQUIDITY INCENTIVE MINING
In MoniBooks, the users can provide liquidity to the stake and farming pool. The user that provides liquidity will be receiving liquidity incentive mining rewards. These rewards are provided in the form of MNBKS Tokens.
THE MONIBOOKS ADVANTAGE
1. Minimized Risk
Interest Account aims to give you high-yield returns as fast and as easy as possible. That’s why our new product is one of the most intuitive and accessible in our portfolio.
2. Passive Income
You are guaranteed to earn a fixed interest on your asset. Watch your savings grow every day, withdraw whenever you want. Money works for you 24/7, even while you sleep.
3. Withdraw Whenever
Your funds are never locked as it often happens with a traditional bank savings account. You are free to withdraw the funds at any time with a single click.
4. Hold Score
To generate profitability, HOLD or use the trade option within the exchanges where MNBKS is available! Enjoy the DeFi technology to optimize your earnings.
Token Details
● Token Name: MoniBooks
● Token Symbol: MNBKS
● Decimal: 18
● Tracker: Etherscan
● Price: 1 (MNBKS) 0.005 ETH
● Token Type: ERC-20
● Total Supply: 550,000 MNBKS
● Contract Addresss:0x1981C31678Fb5f427AD3f15Ca08F0b1cb0c7504e
DISTRIBUTION
● Treasury — 220,000 (40% — Liquidity etc)
● Team — 110,000 (20%)
● Private Sale, Auction Sale/Marketing — 220,000 (40% -Private investors, airdrops, bounties and marketing/operations)
TEAM
Transparency, trust, and openness is our core ethos. We stand by these abstractions and build the network elements to conform with the concepts. However, due to the regulatory uncertainties of DeFi across many jurisdictions, the founding members will stay semi-anonymous. The multi-sig function of the principal wallet eliminates the need for complete trust and risk of rug-pulling. We acknowledge our semi-anonymous status effect in partnership and deals and will use the most effective ways to bring things to good fruition.
We invite the community to join and drive the governance of the platform.
Please be advised that the $MNBKS token holds zero inherent value (similar to $YFI, $SUSHI, etc.), and it’s intended as a governance token. Any value which may accrue to the token is entirely decided by the community and its token holders.
FOR MORE INFORMATION:
Website: https://www.monibooks.com/
Telegram Channel: https://t.me/monibooksyfchannel
Telegram Group: https://t.me/joinchat/G1AYLvmApuVbHkEE
Twitter: https://twitter.com/MonibooksYF
Medium: https://medium.com/@monibooks
Smart Contract: https://etherscan.io/address/0x1981C31678Fb5f427AD3f15Ca08F0b1cb0c7504e
Exchange: https://app.uniswap.org/#/swap?inputCurrency=0x1981C31678Fb5f427AD3f15Ca08F0b1cb0c7504e
AUTHOR
Bitcointalk Username: Gambangcity
Telegram Uername: @Gambangcity
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1855982
ETH Address: 0xbd4e6B6E19c55D117badfa5C218Ae03263df6072
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