Hey, Community!
What do you know about the utility of $MIDAS?
Payout Split The first-of-its-kind buyback program links buybacks to platform payouts. On a regular basis, we analyze total payouts made to investors across all coins/tokens and initiates a 10% buyback. This provides a consistent and sustained flow of liquidity to the $MIDAS market.
Staking $MIDAS token holders have the ability to earn 27.4% APY on their tokens directly on Midas’ platform. In the future, there will be an option to stake $MIDAS directly into staking contracts representing a decentralized, self-custodied approach. Staking $MIDAS token directly with a smart contract will occur outside of Midas’ platform, where users will be able to integrate their browser wallets.
Midas Boost Midas Boost is a five-tier system, comprising Base, Bronze, Silver, Gold and Diamond levels, which increase returns depending on $MIDAS holdings as a percent of a user’s portfolio. By activating Midas Boost, users are able to increase native APRs up to 30%.
Increased rewards for Affiliate partnersThe Midas Affiliate program empowers our community, influencers, content creators, and platforms to monetize their traffic by introducing Midas platform to the world. All Affiliates earn an increased reward of 15% on all referral’s earnings of $MIDAS tokens.
CeDeFi strategies20% of performance fee revenue on CeDeFi strategies, generated only from positive investment periods, goes directly toward purchasing $MIDAS from the open market. In 2023, we will introduce the creation of CeDeFi strategies through a governance process, where $MIDAS holders will vote on specific proposals that they feel would be beneficial to the platform.
Follow the link to learn more https://midas.investments/token
