Monster Slayer Share

Monster Slayer Share

MSS
$1.22

Key Metrics

Price$1.22
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$1,781.78
ATH Date2/7/2021, 4:48:39 AM
ATL$0.270566
ATL Date5/10/2022, 7:36:49 PM
Circulating Supply41K
Total Supply50K
WebsiteN/A
WhitepaperN/A
Popularity Rank13160
Chart
What is Monster Slayer Share?

MonsterSlayerFinance is an algorithmic synthetic platform that offers infinite scalability, long-term sustainability, and decentralization. The platform is designed to be a safe and secure place for users, offering great functionality and features with high-security yield farming DAPP and crypto platform running on the Ethereum Mainnet using the Uniswap Exchange.

The project's highest priority is to provide a safe and secure place for farmers. The stabilization approach applied by MonsterSlayerFinance is based on seigniorage best practices, and the platform has a dedicated stabilization fund to limit the impact of post-farming dumping. This helps to ensure that users can reap the benefits of high APR farms/pools and bushes without worrying about the impact of post-farming dumping.

Monster Slayer Cash tokens are designed to be used as a medium of exchange. The built-in stabilization mechanism in the protocol expands and narrows the MSC supply decisively to keep MSC pegged to 1 $BUSD token, which is traded close to a single US dollar.

During term extensions or when MSC's time-weighted average price is above the $1$BUSD fixed value, the protocol mints MSC and distributes them proportionally to all Monster Slayer Share (MSS) holders who have staked their tokens in the boardroom. This helps to ensure that users can reap the rewards of holding their tokens for a longer period, while also benefiting from the high APR offered by the platform.

When MSC's TWAP drops below a fixed value of 1 $BUSD, Monster Slayer Bond (MSB) is issued and can be purchased with MSC at its current price. This feature allows users to leverage the value of their MSC tokens and provides a means of ensuring the stability of the token while also creating a new revenue stream for users who want to purchase MSB tokens.

Overall, MonsterSlayerFinance is a community-driven project with its own special perks governance token, WUKONG. The platform is designed to be infinitely scalable, long-term sustainable, and decentralized, making it a safe and secure option for users who want to take advantage of high APRs and the benefits of yield farming. With its built-in stabilization mechanism and dedicated stabilization fund, MonsterSlayerFinance offers users a unique and innovative solution for creating a stable and reliable synthetic platform.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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