2022-01-04 13:25:42
$MVC Farming update!
6.65% farming profit was made in just 1 day ($28,255) and added to multi-chain farming fund!Yesterday, $28,255 farming profit was added to multi-chain farming fund, which has reached $452,340 now!
https://www.fohmo.io/?address=0x8954a2a62636Bd3A656520285375e3dba65C9aA1&visible=1&filters=AVAX-TIME,AVAX-ARA,AVAX-FORT,AVAX-PAPA,AVAX-PB,AVAX-SB,BSC-JADE,BSC-PID,ETH-SQUID,FTM-FHM,FTM-HEC,FTM-SPA&sort=balance&dir=desc
A large & important contributor of this significant profit is high yield multiplied by x2 token price increase from a farm on Fantom network (as shown in above link)
Please note that Buyback fund is accumulated in BNB, which is decreasing, making the fund's value in dollars almost stay the same even when seller tax is continously added. With multi-chain farming, instead of staying flat and not benefiting holders, the fund has now doubled and keeps on growing strongly!
Some big bang facts you may have missed: Top 3 wallets (dev wallet, marketing wallet & future investors wallet) are excluded from rewards, so they receive no $MVC reflection, because we think it's fairer for holders who actually have purchased MVC.
So 39% of total supply does not receive reflection. Only 61% receive $MVC reflection, which means your share is increased!
Burn wallet (black hole) actually gets 11.8% of total transaction tax, which is sent to the black hole and burned. This black hole becomes bigger and bigger as it eats $MVC, so the percentage of burning becomes higher & higher.
Our total supply will constantly be deflating against your balance, while your balance is constantly increasing against an ever-deflating supply. This built-in mechanism creates a true supply/demand metric to the MVC token as it becomes ever scarcer with volume.
We are 66x away from $1 Billion market cap. Imagine the power when we go full bull again. You won’t have enough!—————
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