Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Monolith.Team on July 22, 2020, 09:22:24 PM



Title: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 22, 2020, 09:22:24 PM
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https://d.radikal.ru/d28/2007/17/7fa8c70bc817.jpg (https://monolith.money/en/token-mcr)




Cryptocurrency which
price is stable in relation
to the value of the
Russian ruble


MCR is based on MakerDAO (DAI)
technology. It is a decentralized
platform that runs on Ethereum
blockchain smart contracts


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Monolith
Crypto Ruble



The first decentralized
ruble stablecoin




https://c.radikal.ru/c21/2007/18/5f23676eccb1.jpg (https://land.monolith.money/)  https://d.radikal.ru/d00/2007/1c/622c2852d4fa.jpg (https://monolith.money/en/white-paper)

https://d.radikal.ru/d21/2007/8e/30830470cf92.jpg (https://youtu.be/4gpf3vW07zg)




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https://b.radikal.ru/b15/2007/99/2b8556c87d55.png
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With Monolith os DAO, anyone anywhere
has the freedom to choose the money
he/she can trust


Money that supports our
purchasing power





https://a.radikal.ru/a07/2007/60/d8ff46669d77.jpg



MONOLITH CRYPTO RUBLE ADVANTAGES


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https://d.radikal.ru/d23/2007/bc/4e16696e588d.png
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FINANCIAL
INDEPENDENCE
NO VOLATILITY

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https://c.radikal.ru/c14/2007/da/9d6a528734f7.png
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WORLD'S
FIRST RUB
STABLECOIN

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https://d.radikal.ru/d20/2007/3a/13e96b4ccbfe.png
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EARN MCR BY
HOLDING A DEPOSIT
ON YOUR WALLET

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A stable price that you control. Create
MCR on your terms, instantly.
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MCR — is a stable, decentralized currency
that does not allow inequality.
Any business or individual can feel and
realize the benefits
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STRATEGIC PARTNER


https://b.radikal.ru/b40/2007/13/968251c02ea6.png (https://bitzlato.com/ru/p2p)


Bitzlato is a leading p2p crypto platform in the
CIS region, with more than 1.500.000 happy
users and a monthly turnover of $ 30.000.000



https://c.radikal.ru/c35/2007/19/ef12a4c706b2.jpg




MDT tokens: information and distribution


https://b.radikal.ru/b05/2007/17/d405713c674d.jpg (https://monolith.money/en/token-mdt)



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https://a.radikal.ru/a16/2007/24/2ef79bee74db.jpg (https://monolith.money/en/token-mdt)

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Management
token


used for making significant decisions
in the MonolithosDAO Platform


https://a.radikal.ru/a01/2007/30/bed70a6d654c.jpg (https://monolith.money/en/token-mdt#buy)




https://b.radikal.ru/b10/2007/aa/583837e7d46b.jpg



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https://c.radikal.ru/c37/2007/da/560ef667874a.png


Total number of
tokens:


1.000.000 MDT
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https://c.radikal.ru/c33/2007/d2/dd4d3d045688.png


Number of tokens
in the free sale:


800.000 MDT
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https://b.radikal.ru/b31/2007/69/d5264cbd40df.png


Initial Uniswap
Listing:


500.000 MDT


https://c.radikal.ru/c18/2007/e1/51e7df65b240.jpg




Sales stages


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https://a.radikal.ru/a33/2007/b2/5c8ce6eccbc7.png
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https://d.radikal.ru/d16/2007/8e/3223723d16e5.jpg

PRIVATE SALE OF 300.000 MDT
FOR $0.4 FROM 200 TO 50,000 MDT

https://d.radikal.ru/d17/2007/0d/a87fecbb7191.jpg (https://monolith.money/en/token-mdt#buy)
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https://a.radikal.ru/a32/2007/50/6383442ddc01.jpg

IUL-INITIAL UNISWAP LISTING


Listing on Uniswap involves the creation of ETH\MDT
liquid pair. On sale, the price of MDT changes equally
in proportion to the amount of ETH.


https://c.radikal.ru/c18/2007/e1/51e7df65b240.jpg




Initial Uniswap Listing


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https://b.radikal.ru/b22/2007/83/5828014fa14a.png

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The MDT token will be available on Uniswap on August 3, 2020, at
12:00 UTC. At this time, the MonolithosDAO Team will contribute
*500,000* MDT and ~$210,000 in ETH cryptocurrency to the
created pool on the Uniswap platform.

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For purchase transparency, we conduct
IUL (Initial Uniswap Listing (https://uniswap.exchange/swap))
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This represents an initial price of ~$0.42 / MDT,
which implies a market capitalization of ~$210,000
for the MDT token network.



Team Monolithos

https://c.radikal.ru/c18/2007/e1/51e7df65b240.jpg

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Guide

https://b.radikal.ru/b19/2007/68/1716e66f5186.jpg

Dmitry Kryshtal (https://www.linkedin.com/in/dmitry-kryshtal/)
CMO
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#

https://d.radikal.ru/d42/2007/a0/dd9690d31073.jpg

Ilie Cernisev (https://www.linkedin.com/in/ilie-cernisev-782a0116a/)
CFO
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#

https://b.radikal.ru/b11/2007/23/e87f176eca49.jpg

Zoran Cuckovic (https://www.linkedin.com/in/zoran-cuckovic-388bb5155/)
CTO


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Development department

https://a.radikal.ru/a21/2007/4f/441a3e31507f.jpg

Sergey Somov (https://www.linkedin.com/in/sergey-somov-a9ab081b1/)
Senior Python Developer
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Marketing department

https://c.radikal.ru/c39/2007/96/bea85f60db87.jpg

Kathie Gaponenko (https://www.linkedin.com/in/ekaterina-gaponenko-9b9928bb/)
SMM Manager
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#

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#

https://b.radikal.ru/b12/2007/e5/eb215051ea75.jpg

Ivan Matveev (https://www.linkedin.com/in/ivan-matveev-a0853a163/)
Design Specialist


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Advisers

https://c.radikal.ru/c34/2007/fd/7b6aadef1f5c.jpg

Pavel Lerner (https://www.linkedin.com/in/pavel-lerner-006524b7/)
Advisor
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https://b.radikal.ru/b31/2007/f8/7c47d1437766.png
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https://d.radikal.ru/d31/2007/c2/6d7eb55f41d4.jpg (https://www.linkedin.com/in/monolithos-dao-2477251ab/)
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https://c.radikal.ru/c09/2007/7f/96880d8f57bc.jpg (https://www.facebook.com/MonolitDAO)
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https://a.radikal.ru/a06/2007/44/a3f9a51fd047.jpg (https://medium.com/@MonolithosDAORu)
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https://c.radikal.ru/c16/2007/67/4cf91bbfed38.jpg (https://t.me/MonolithosDAO)
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https://c.radikal.ru/c28/2007/b1/a3ef7063e19a.jpg (https://twitter.com/MonolithosDAO)
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https://b.radikal.ru/b09/2007/d4/06e0c5aa90e3.jpg (https://vk.com/monolthosdao)


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: LaraSamr on July 23, 2020, 11:20:08 AM
What is MDT?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 23, 2020, 11:35:06 AM
What is MDT?

MDT is a cryptocurrency of the Monolithos DAO network. MonolithosDAO is an Ethereum blockchain smart contract platform. The goal of the project, built on the principle of a Decentralized Autonomous Organization (DAO), is to create stability in the world of decentralized things. This stability is implemented through MDT — an ERC-20 standard token, which allows you to use it in all the most popular Ethereum wallets (Metamask, Mist, MEW, etc.).


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: tayyaba98311 on July 23, 2020, 12:03:52 PM
How many MDTs are there in the system?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 23, 2020, 12:16:57 PM
How many MDTs are there in the system?

At the time of signing the MonolithosDAO protocol, a total of 1 million MDTs existed. To find out how many MDTs currently exist, check out the MDT Token Contract on Etherscan. The total number of existing MDTs may vary depending on how the system works. For example, the total volume of MDT may increase if the system is deficient and needs to be diluted with MDT as a source of recapitalization. If the system is properly managed, the total MDTs will decrease as the MDTs are destroyed in exchange for an excess of MCR from the system surplus.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Cayie on July 23, 2020, 01:25:08 PM
Crypto Ruble? So, it will be token wich will be backed by the Russian ruble?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 23, 2020, 03:51:11 PM
Crypto Ruble? So, it will be token wich will be backed by the Russian ruble?

MCR tokens are secured by a collateral, which can be any Ethereum-based asset approved by MDT token holders. More information can be found in the White Paper on the website https://monolith.money/white-paper


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 23, 2020, 05:00:03 PM
Crypto ruble? Is this the official cryptocurrency of Russia?  ;D

No, this is a coin that is issued by the decentralized platform Monolithos DAO, which runs on smart contracts of the Ethereum blockchain.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 23, 2020, 05:54:08 PM
Crypto ruble? Is this the official cryptocurrency of Russia?  ;D

No, this is a coin that is issued by the decentralized platform Monolithos DAO, which runs on smart contracts of the Ethereum blockchain.

So, this is not officially crypto ruble?

This is a stablecoin that is linked to the Russian ruble.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 23, 2020, 06:52:23 PM
Crypto ruble? Is this the official cryptocurrency of Russia?  ;D

No, this is a coin that is issued by the decentralized platform Monolithos DAO, which runs on smart contracts of the Ethereum blockchain.

So, this is not officially crypto ruble?

This is a stablecoin that is linked to the Russian ruble.

Yes, everything is true  you can always find out more about the coin on our website https://monolith.money/en/white-paper


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 24, 2020, 09:19:23 AM
MCR token sale is live? Can I buy tokens now?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 24, 2020, 09:42:29 AM
MCR token sale is live? Can I buy tokens now?

Now it is MDT tkensale is live - so you can buy MDT tokens (it is management token). MCR can be issued with the provision of ETH and WBTC now, but now our goal is to create a community that will manage the system using voting and management tokens.



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 24, 2020, 10:02:04 AM
MCR token sale is live? Can I buy tokens now?

Now it is MDT tkensale is live - so you can buy MDT tokens (it is management token). MCR can be issued with the provision of ETH and WBTC now, but now our goal is to create a community that will manage the system using voting and management tokens.



So, you sell the MDT and not MCR? When can I buy the crypto ruble itself?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 24, 2020, 10:15:18 AM
MCR token sale is live? Can I buy tokens now?

Now it is MDT tkensale is live - so you can buy MDT tokens (it is management token). MCR can be issued with the provision of ETH and WBTC now, but now our goal is to create a community that will manage the system using voting and management tokens.



So, you sell the MDT and not MCR? When can I buy the crypto ruble itself?


The trading will be available after the MDT token sale is completed. More information on our website https://monolith.money/en/token-mcr


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 24, 2020, 10:33:22 AM
MCR token sale is live? Can I buy tokens now?

Now it is MDT tkensale is live - so you can buy MDT tokens (it is management token). MCR can be issued with the provision of ETH and WBTC now, but now our goal is to create a community that will manage the system using voting and management tokens.



So, you sell the MDT and not MCR? When can I buy the crypto ruble itself?


The trading will be available after the MDT token sale is completed. More information on our website https://monolith.money/en/token-mcr

Your site says that I can issue MCR tokens. How?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 24, 2020, 10:45:53 AM
MCR token sale is live? Can I buy tokens now?

Now it is MDT tkensale is live - so you can buy MDT tokens (it is management token). MCR can be issued with the provision of ETH and WBTC now, but now our goal is to create a community that will manage the system using voting and management tokens.



So, you sell the MDT and not MCR? When can I buy the crypto ruble itself?


The trading will be available after the MDT token sale is completed. More information on our website https://monolith.money/en/token-mcr

Your site says that I can issue MCR tokens. How?

Yes, everything is true, as we wrote above, the token can be issued with the provision of ETH and WBTC, but trading on land.monolith.money will be open only after the completion of the MDT token sale.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zasad@ on July 24, 2020, 12:35:56 PM
Monolith Whitepaper is Plagiarized
https://bitcointalk.org/index.php?topic=5264296


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 24, 2020, 01:46:56 PM
Monolith Whitepaper is Plagiarized
https://bitcointalk.org/index.php?topic=5264296

We are fork of MakerDAO. So where is plagiarism here if we are officially positioned as a fork?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: bouncebounce on July 24, 2020, 03:48:18 PM
Do you have a video in English?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: binben on July 24, 2020, 04:41:07 PM
How can I contact you? I want to send an offer of cooperation.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 24, 2020, 05:49:09 PM
How can I contact you? I want to send an offer of cooperation.

You can send your proposal to me in private messages or to the official email address info@monolith.money


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 24, 2020, 05:53:02 PM
Do you have a video in English?

I will send you a link as soon as the English video will be available


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: MonsterV on July 24, 2020, 08:49:29 PM
Monolith Whitepaper is Plagiarized
https://bitcointalk.org/index.php?topic=5264296

We are fork of MakerDAO. So where is plagiarism here if we are officially positioned as a fork?

wow are you gonna try copy all MakerDAO content to? you should understand what is " fork " means , its doesn't means you can copy everything include whitepaper from the forked project, there is alot project that copying MakerDAO project concept but atlease be creative with your own project whitepape, what is the purpose of having a team if you only able to stealing other project contents, i dont need the team for that. Be Creative or getting red trust. :P


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: tippytoes on July 24, 2020, 09:59:46 PM
Monolith Whitepaper is Plagiarized
https://bitcointalk.org/index.php?topic=5264296

We are fork of MakerDAO. So where is plagiarism here if we are officially positioned as a fork?

wow are you gonna try copy all MakerDAO content to? you should understand what is " fork " means , its doesn't means you can copy everything include whitepaper from the forked project, there is alot project that copying MakerDAO project concept but atlease be creative with your own project whitepape, what is the purpose of having a team if you only able to stealing other project contents, i dont need the team for that. Be Creative or getting red trust. :P

The Monolith team should rectify this plagiarized whitepaper and with the red trust that he's getting, potential investors will be discouraged to check this project. Since it is obvious that they copied their whitepaper, then, what's new on this project? I hope this is not another Russian scam.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 25, 2020, 08:00:41 AM
Monolith Whitepaper is Plagiarized
https://bitcointalk.org/index.php?topic=5264296

We are fork of MakerDAO. So where is plagiarism here if we are officially positioned as a fork?

wow are you gonna try copy all MakerDAO content to? you should understand what is " fork " means , its doesn't means you can copy everything include whitepaper from the forked project, there is alot project that copying MakerDAO project concept but atlease be creative with your own project whitepape, what is the purpose of having a team if you only able to stealing other project contents, i dont need the team for that. Be Creative or getting red trust. :P

The Monolith team should rectify this plagiarized whitepaper and with the red trust that he's getting, potential investors will be discouraged to check this project. Since it is obvious that they copied their whitepaper, then, what's new on this project? I hope this is not another Russian scam.

I can't figure out what the problem is? It's one case when a project presents itself as unique and copies another project's WP and quite another when a project just a fork. They talks about it. IMHO this is no plagiarism


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 25, 2020, 11:12:37 AM
What’s a fork, can someone explain to me? Is it a copy?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 25, 2020, 11:26:27 AM
What’s a fork, can someone explain to me? Is it a copy?

No. Project fork happens when developers take a copy of source code from one software package and start independent development on it, creating a distinct and separate piece of software (Wikipedia). This is exactly what we did!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 25, 2020, 11:40:50 AM
What’s a fork, can someone explain to me? Is it a copy?

No. Project fork happens when developers take a copy of source code from one software package and start independent development on it, creating a distinct and separate piece of software (Wikipedia). This is exactly what we did!

Your project has open source?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 25, 2020, 12:07:09 PM
What’s a fork, can someone explain to me? Is it a copy?

No. Project fork happens when developers take a copy of source code from one software package and start independent development on it, creating a distinct and separate piece of software (Wikipedia). This is exactly what we did!

Your project has open source?

Yes https://github.com/monolithos/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 25, 2020, 12:46:35 PM
Why did you copy MakerDAO’s WP?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 25, 2020, 01:32:37 PM
Why did you copy MakerDAO’s WP?

The Monolith is a copy of MakerDAO and we do not hide it. The difference is in the currency that the stablecoin is linked to. In our case it is the ruble. In MakerDAO - the dollar.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: MonsterV on July 25, 2020, 02:35:59 PM
Why did you copy MakerDAO’s WP?

The Monolith is a copy of MakerDAO and we do not hide it. The difference is in the currency that the stablecoin is linked to. In our case it is the ruble. In MakerDAO - the dollar.

you shouldn't copy evrything from them even you are fork that project, that would be alright if you only fork their concept but its not very good to copy their content and put it as your Whitepaper even your concept are fork of Maker DAO , you should make it diffrent and write your own whitepaper, only scam shit project are copy other projectt content and whitepaper because its easy work to do for scammers. be creative and write whitepaper by yourself and not copy the Maker DAO whitepaper LoL.


I can't figure out what the problem is? It's one case when a project presents itself as unique and copies another project's WP and quite another when a project just a fork. They talks about it. IMHO this is no plagiarism

The problem is they are copy whitepaper from Maker DAO and put it website as their whitepaper, is that good for you?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 25, 2020, 05:49:48 PM
Why did you copy MakerDAO’s WP?

The Monolith is a copy of MakerDAO and we do not hide it. The difference is in the currency that the stablecoin is linked to. In our case it is the ruble. In MakerDAO - the dollar.

you shouldn't copy evrything from them even you are fork that project, that would be alright if you only fork their concept but its not very good to copy their content and put it as your Whitepaper even your concept are fork of Maker DAO , you should make it diffrent and write your own whitepaper, only scam shit project are copy other projectt content and whitepaper because its easy work to do for scammers. be creative and write whitepaper by yourself and not copy the Maker DAO whitepaper LoL.


I can't figure out what the problem is? It's one case when a project presents itself as unique and copies another project's WP and quite another when a project just a fork. They talks about it. IMHO this is no plagiarism

The problem is they are copy whitepaper from Maker DAO and put it website as their whitepaper, is that good for you?

It is not a problem for me, because this project is a MakerDAO fork. If I understand correctly, technically the coin identical MKR, the only difference is in the currency to which the stablecoin is tied. In this regard it is not clear to me where is uniqueness. And if i correct you say what they need unique WP (for not unique coin) - so you think they needed spend money and time to rewrite the existing document in pursuit of uniqueness? Do you think it is good idea if the technical solution is the same?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on July 25, 2020, 06:05:34 PM
Why even make ruble stablecoin?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 25, 2020, 06:39:25 PM
Why did you copy MakerDAO’s WP?

The Monolith is a copy of MakerDAO and we do not hide it. The difference is in the currency that the stablecoin is linked to. In our case it is the ruble. In MakerDAO - the dollar.

you shouldn't copy evrything from them even you are fork that project, that would be alright if you only fork their concept but its not very good to copy their content and put it as your Whitepaper even your concept are fork of Maker DAO , you should make it diffrent and write your own whitepaper, only scam shit project are copy other projectt content and whitepaper because its easy work to do for scammers. be creative and write whitepaper by yourself and not copy the Maker DAO whitepaper LoL.


I can't figure out what the problem is? It's one case when a project presents itself as unique and copies another project's WP and quite another when a project just a fork. They talks about it. IMHO this is no plagiarism

The problem is they are copy whitepaper from Maker DAO and put it website as their whitepaper, is that good for you?

Thank you for your opinion


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 25, 2020, 06:49:57 PM
Why even make ruble stablecoin?

Look at the volume of trades on the ruble and the answer will be clear


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 25, 2020, 07:06:45 PM
Why even make ruble stablecoin?

Look at the volume of trades on the ruble and the answer will be clear


Ruble stablecoin


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on July 25, 2020, 07:53:18 PM
USD is an international monetary unit that is understood and known to everyone. The ruble is a settlement instrument within Russia. What's the point? Or is it a government cryptocurrency?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 25, 2020, 08:32:32 PM
USD is an international monetary unit that is understood and known to everyone. The ruble is a settlement instrument within Russia. What's the point? Or is it a government cryptocurrency?

No, Monolith is not a government project. But you are partly right - our project is aimed at the Russian market and at traders who use ruble pairs. In general crypto ruble is made for simple and direct arbitration among p2p platforms and exchanges, so that you can safely store the ruble outside of digital payments system and banks. Also we want give people simplified access to DeFi and help them to figure out how it all works.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: tippytoes on July 25, 2020, 09:22:21 PM
Why did you copy MakerDAO’s WP?

The Monolith is a copy of MakerDAO and we do not hide it. The difference is in the currency that the stablecoin is linked to. In our case it is the ruble. In MakerDAO - the dollar.

you shouldn't copy evrything from them even you are fork that project, that would be alright if you only fork their concept but its not very good to copy their content and put it as your Whitepaper even your concept are fork of Maker DAO , you should make it diffrent and write your own whitepaper, only scam shit project are copy other projectt content and whitepaper because its easy work to do for scammers. be creative and write whitepaper by yourself and not copy the Maker DAO whitepaper LoL.


I can't figure out what the problem is? It's one case when a project presents itself as unique and copies another project's WP and quite another when a project just a fork. They talks about it. IMHO this is no plagiarism

The problem is they are copy whitepaper from Maker DAO and put it website as their whitepaper, is that good for you?

If they don't want to create their own whitepaper, they should have just put a reference link to the Maker DAO platform. I am not against with copying someone else's work, because that's very common in blockchain projects. I don't think every one of them started from scratch. But if you want to use somebody's work, just include the right references along with your copied statements.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on July 26, 2020, 07:39:06 AM
USD is an international monetary unit that is understood and known to everyone. The ruble is a settlement instrument within Russia. What's the point? Or is it a government cryptocurrency?

No, Monolith is not a government project. But you are partly right - our project is aimed at the Russian market and at traders who use ruble pairs. In general crypto ruble is made for simple and direct arbitration among p2p platforms and exchanges, so that you can safely store the ruble outside of digital payments system and banks. Also we want give people simplified access to DeFi and help them to figure out how it all works.

It’s a good idea, but project is not very clear yet. Let’s see what happens next


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 26, 2020, 09:06:12 AM
Why did you copy MakerDAO’s WP?

The Monolith is a copy of MakerDAO and we do not hide it. The difference is in the currency that the stablecoin is linked to. In our case it is the ruble. In MakerDAO - the dollar.

Do you use Makerdao oracles or your own?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 26, 2020, 10:25:32 AM
Why did you copy MakerDAO’s WP?

The Monolith is a copy of MakerDAO and we do not hide it. The difference is in the currency that the stablecoin is linked to. In our case it is the ruble. In MakerDAO - the dollar.

Do you use Makerdao oracles or your own?

We use MakerDAO oracles. The modules Feed and Relayer. The Feed asks for the price and the Relayer delivers this price to the contract.
Feed takes the median from prices from different sources (direct ETH/RUB pair or calculate the price of ETH/USD median (USD/RUB).
Sources for ETH/RUB: binance; cryptocompare; exmo
Sources for ETH / USD: bitstamp; coinbase; gemini
Sources for USD/RUB: exchangeratesapi; cbr; ratesapi


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on July 26, 2020, 11:37:20 AM
The volume of rubles trading on p2p platforms is really huge. I think it may be interesting


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 26, 2020, 01:01:14 PM
The volume of rubles trading on p2p platforms is really huge. I think it may be interesting


Yes, if you look at Bestchange only the volume of BTC-QIWI is over 600.000.000 RUB (near 10.000.000 USD)


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 26, 2020, 02:01:28 PM
The volume on Sberbank is higher. How many tokens have you sol out


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 26, 2020, 02:32:45 PM
The volume on Sberbank is higher. How many tokens have you sol out

All information is available on the project site https://monolith.money/en/token-mcr


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on July 26, 2020, 02:45:30 PM
The volume on Sberbank is higher. How many tokens have you sol out

Really?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 26, 2020, 02:55:17 PM
The volume on Sberbank is higher. How many tokens have you sol out

Really?

There’s over a one billion rubles


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on July 26, 2020, 03:02:54 PM
The volume on Sberbank is higher. How many tokens have you sol out

Really?

There’s over a one billion rubles


Who is trading crypto/ruble? ))  You show me a crazy numbers!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 26, 2020, 06:01:53 PM
The volume on Sberbank is higher. How many tokens have you sol out

Really?

There’s over a one billion rubles


Who is trading crypto/ruble? ))  You show me a crazy numbers!


Well, there are a lot of users who just change the crypt and, for example, trade or store coins. there own audience. Someone chooses the exchange, someone p2p


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 26, 2020, 07:36:32 PM
The volume on Sberbank is higher. How many tokens have you sol out

Really?

There’s over a one billion rubles


Who is trading crypto/ruble? ))  You show me a crazy numbers!


Well, there are a lot of users who just change the crypt and, for example, trade or store coins. there own audience. Someone chooses the exchange, someone p2p


Many people trade cryptocurrency on p2p. Many people are used p2p services for a number of reasons – verification, volume, rate... We expect that when DeFi appears on the market, the ruble will become also a full-fledged means of accumulation.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 27, 2020, 06:07:27 AM
Advantages of Owning MDT, MonolithosDAO Network Management Token

Monolithos, the developer of the DAO-based stablecoin MCR, the first decentralized cryptoruble on the Ethereum blockchain, launched its network management coin MDT tokensale June 20. The initial distribution of 300,000 MDT tokens will last until August 10. At the second stage, the team will create an MDT/ETH pair on the Uniswap decentralized exchanger, providing it with ethers enough for MDT token initial price to start from $0.4. The second stage begins on August 3.

What is the purpose of the internal Monolithos token?

The Monolithos token (MDT) is a system management token. You can use it in two different ways.

The primary purpose of MDT is the right to vote in the system. It is the voting system that makes Monolithos a truly decentralized autonomous organization (DAO). MDT holders have the right to vote on any issue. For example, the community has the right to revise the maximum debt ratio or shut down the entire system in an emergency. This mechanism is an essential component of Monolithos resiliency.

What financial bonuses can MDT owners claim?

First, DAO participants can buy back crypto assets for MDT at a below-market price. These assets appear as a result of a fine for selling off the collateral. They can be purchased for MDTs at internal auctions of the platform. The collateral liquidated due to the fall in the value of ether is sold for MDT tokens at a separate auction and costs 5-10% less than its market value. I.e., the owner of MDT has a chance to buy cryptocurrencies cheaper than the market price.

Second, after each asset purchase, the MDT tokens that are paid for them are burned, reducing the total amount of MDTs, and naturally increasing their price. The amount in MDT paid for cryptocurrency on the auction is automatically burned, which creates a deficit.

How does this happen? Burning tokens encourages the growth of their value. The MDT value is divided up to 18 decimal places, meaning that as long as at least one MDT token exists, the system allows you to trade one quadrillion rubles without any need for an additional issue. You can also increase the number of decimal places in the future, which removes the risk that the MDT will ever run out: the number of tokens burned will gradually decrease as their value increases.

Third, the MDT token owner can earn money by selling the asset during the second stage of the token sale, when MDT will be added to the listing of the Uniswap exchanger. By investing MDT in liquidity on the decentralized Uniswap platform, you can earn commissions for the exchange. Also, the more tokens are redeemed on Uniswap, the higher the cost of MDT rises. You can buy coins on presale and sell them on Uniswap in a couple of months, getting a profit.

The mechanics of raising the value of an asset when selling on Uniswap are as follows. An ether/token pair is created on the platform; when purchasing a token in this pair, its quantity always decreases and the price increases in its turn. As a result, those who managed to buy coins before others can get significant profits — x2-3 or even more.




Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 27, 2020, 11:26:10 AM
Great news!

Reporters from the Russian leading cryptocurrency media outlet Forklog has published an article about MDT-tokens. Read the full article: https://hub.forklog.com/kak-investirovat-v-mdt-tokeny-upravleniya-setyu-monolithosdao/



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 27, 2020, 01:54:58 PM
Do you have a video in English?

I will send you a link as soon as the English video will be available

https://youtu.be/VJfQsYdyfTA


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on July 27, 2020, 08:35:15 PM
Are you launching a crypto-ruble? What about the latest changes in law in Russia?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 27, 2020, 08:56:08 PM
Are you launching a crypto-ruble? What about the latest changes in law in Russia?

Jurisdiction of the MCR is Spain


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on July 28, 2020, 07:46:25 AM
Are you launching a crypto-ruble? What about the latest changes in law in Russia?

Jurisdiction of the MCR is Spain

Seriously? Why?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 28, 2020, 08:00:04 AM
Are you launching a crypto-ruble? What about the latest changes in law in Russia?

Jurisdiction of the MCR is Spain

Seriously? Why?

We did not want the changes in law that were expected in Russia prevented the implementation of our project


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on July 28, 2020, 08:21:13 AM
Are you launching a crypto-ruble? What about the latest changes in law in Russia?

Jurisdiction of the MCR is Spain

Seriously? Why?

We did not want the changes in law that were expected in Russia prevented the implementation of our project

Do the English-speaking media write about this project? Where can I get more information?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 28, 2020, 08:45:41 AM
Are you launching a crypto-ruble? What about the latest changes in law in Russia?

Jurisdiction of the MCR is Spain

Seriously? Why?

We did not want the changes in law that were expected in Russia prevented the implementation of our project

Do the English-speaking media write about this project? Where can I get more information?


You can get the most information at our site: https://monolith.money/en/token-mcr


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 28, 2020, 01:04:15 PM
Give me Github link please

https://github.com/monolithos/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 28, 2020, 01:42:39 PM
Give me Github link please

https://github.com/monolithos/

Did you simply copy the MakerDAO code or change it?

On Github you can see all changes that have been made


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: suraqahpatakah on July 28, 2020, 03:20:27 PM
If I buy MDT what will it give me?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 28, 2020, 04:40:05 PM
If I buy MDT what will it give me?


MDT owners can make technical changes to the MonolithosDAO protocol and participate in project management. You can learn more about the rights and obligations of the MDT token holders on our website, but we welcome any activity from potential project participants. MDT owners who are interested in actively participating in the management of the MonolithosDAO can refer to the voting Guide to learn how to get started in this direction.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 28, 2020, 06:22:05 PM
If I buy MDT what will it give me?


Read project’s WP. In this doc role of MDT holders is described in detail


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on July 29, 2020, 07:23:26 AM
Congratulate me, I bought MDT )))


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 29, 2020, 08:00:58 AM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on July 29, 2020, 08:14:28 AM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 29, 2020, 08:35:07 AM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 29, 2020, 09:23:34 AM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.


Can you give me link to Etherscan? Are you officially registered?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 29, 2020, 11:12:14 AM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.


Can you give me link to Etherscan? Are you officially registered?

Yes, MCR token registered - here’s the link https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 29, 2020, 03:44:17 PM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.



Can you give me link to Etherscan? Are you officially registered?

Yes, MCR token registered - here’s the link https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60



And your other token?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on July 29, 2020, 06:01:31 PM
What is Land?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 29, 2020, 06:23:34 PM
What is Land?

I think it's a different topic…


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 29, 2020, 06:54:25 PM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.



Can you give me link to Etherscan? Are you officially registered?

Yes, MCR token registered - here’s the link https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60



And your other token?


What about MDT we are waiting for confirmation from Etherscan - we will publish information here as soon as we receive confirmation.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 29, 2020, 06:55:31 PM
What is Land?

Land is our platform for decentralized finance. It’s already live and and you can use it now.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 30, 2020, 07:12:10 AM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.



Can you give me link to Etherscan? Are you officially registered?

Yes, MCR token registered - here’s the link https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60



And your other token?


What about MDT we are waiting for confirmation from Etherscan - we will publish information here as soon as we receive confirmation.


Seriously? But the MCR bidding is closed now as you said before


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 30, 2020, 08:24:05 AM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.



Can you give me link to Etherscan? Are you officially registered?

Yes, MCR token registered - here’s the link https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60



And your other token?


What about MDT we are waiting for confirmation from Etherscan - we will publish information here as soon as we receive confirmation.


Seriously? But the MCR bidding is closed now as you said before


You can issue MCR now, but trading on Land will be opened only after the MDT token sales are completed.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 30, 2020, 09:33:59 AM
What is Land?

Where did you find Land? Show me!





Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on July 30, 2020, 05:13:29 PM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.



Can you give me link to Etherscan? Are you officially registered?

Yes, MCR token registered - here’s the link https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60



And your other token?


What about MDT we are waiting for confirmation from Etherscan - we will publish information here as soon as we receive confirmation.


Seriously? But the MCR bidding is closed now as you said before


You can issue MCR now, but trading on Land will be opened only after the MDT token sales are completed.


Do I understand correctly that I do not need registration and KYC?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on July 30, 2020, 05:27:31 PM
What is Land?

Where did you find Land? Show me!


On the site https://land.monolith.money/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 30, 2020, 05:37:11 PM
Congratulate me, I bought MDT )))


We are glad to see you among the MDT tokenholders!


What about token audit? Haven't you decided on the executor?


If you have good teams we’ll be grateful for the reference.



Can you give me link to Etherscan? Are you officially registered?

Yes, MCR token registered - here’s the link https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60



And your other token?


What about MDT we are waiting for confirmation from Etherscan - we will publish information here as soon as we receive confirmation.


Seriously? But the MCR bidding is closed now as you said before


You can issue MCR now, but trading on Land will be opened only after the MDT token sales are completed.


Do I understand correctly that I do not need registration and KYC?


You don't need an account to use Land. However you will need a Metamask wallet. Land supports most  browser wallets, such as Ethereum, Metamask, Coinbase Wallet, etc.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on July 30, 2020, 05:47:34 PM
What is Land?

Where did you find Land? Show me!


On the site https://land.monolith.money/

Have you tried?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on July 30, 2020, 06:01:28 PM


 Not yet


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on July 30, 2020, 06:36:20 PM

If you will have any questions feel free to ask


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: hukumat787 on August 01, 2020, 11:38:53 AM
Why do I need a crypto ruble? Why would anyone need it at all?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 01, 2020, 12:31:09 PM
Why do I need a crypto ruble? Why would anyone need it at all?


In the CIS market many users work with ruble - look at the ruble trade volume and you will understand.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: hukumat787 on August 01, 2020, 12:36:24 PM
Why do I need a crypto ruble? Why would anyone need it at all?


In the CIS market many users work with ruble - look at the ruble trade volume and you will understand.


I do not use ruble


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on August 01, 2020, 12:45:31 PM
Why do I need a crypto ruble? Why would anyone need it at all?


In the CIS market many users work with ruble - look at the ruble trade volume and you will understand.


I do not use ruble

Maybe it’s time to start! There are good volumes.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on August 01, 2020, 12:55:35 PM
On exchanges, for example. I wanted to ask, what does Bitzlato have to do with you?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 01, 2020, 03:47:04 PM
On exchanges, for example. I wanted to ask, what does Bitzlato have to do with you?


They are our partners.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 01, 2020, 07:33:09 PM
The idea has a right to exist, especially since DeFi is now very popular. By the way, I saw in Bitzlato information about your token


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 01, 2020, 07:36:20 PM
Crypto-ruble will be traded on Bitzlato?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 01, 2020, 09:30:16 PM
Crypto-ruble will be traded on Bitzlato?

yes


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: mdmtAGNTaj on August 02, 2020, 08:15:53 AM
Interesting project. But the fact that you just copied the WP and code of MakerDAO, which has its own mistakes and weaknesses, is of course a dubious move. Couldn't MCR have been presented in a different way?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 02, 2020, 10:06:46 AM
Interesting project. But the fact that you just copied the WP and code of MakerDAO, which has its own mistakes and weaknesses, is of course a dubious move. Couldn't MCR have been presented in a different way?


Our project is a fork MakerDAO. You can see all changes on our github it is open.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: mdmtAGNTaj on August 02, 2020, 10:22:51 AM
Interesting project. But the fact that you just copied the WP and code of MakerDAO, which has its own mistakes and weaknesses, is of course a dubious move. Couldn't MCR have been presented in a different way?


Our project is a fork MakerDAO. You can see all changes on our github it is open.

give me a link


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 02, 2020, 10:54:15 AM
Interesting project. But the fact that you just copied the WP and code of MakerDAO, which has its own mistakes and weaknesses, is of course a dubious move. Couldn't MCR have been presented in a different way?


Our project is a fork MakerDAO. You can see all changes on our github it is open.

give me a link

https://github.com/monolithos/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: hukumat787 on August 02, 2020, 10:59:03 AM
Why do I need a crypto ruble? Why would anyone need it at all?


In the CIS market many users work with ruble - look at the ruble trade volume and you will understand.


I do not use ruble

Maybe it’s time to start! There are good volumes.


Where?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: hukumat787 on August 02, 2020, 11:24:45 AM
Crypto-ruble will be traded on Bitzlato?

What about other exchanges?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 02, 2020, 11:37:48 AM
Crypto-ruble will be traded on Bitzlato?

What about other exchanges?


Yes of course


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: hukumat787 on August 02, 2020, 11:43:51 AM
Crypto-ruble will be traded on Bitzlato?

What about other exchanges?


Yes of course

Will you be on Uniswap?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 02, 2020, 03:24:24 PM

Yes. Information about this is available on our site. The MDT token will be available in Uniswap on August 3, 2020 at 12:00 UTC.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 02, 2020, 04:05:25 PM
Interesting project. But the fact that you just copied the WP and code of MakerDAO, which has its own mistakes and weaknesses, is of course a dubious move. Couldn't MCR have been presented in a different way?


Our project is a fork MakerDAO. You can see all changes on our github it is open.

give me a link

https://github.com/monolithos/

I think it's time to add a link to the github to the main branch. Every day someone asks


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 02, 2020, 04:09:01 PM

Yes. Information about this is available on our site. The MDT token will be available in Uniswap on August 3, 2020 at 12:00 UTC.


It turns out that in a couple days we will see MDT on Uniswap?



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 02, 2020, 04:30:33 PM
Interesting project. But the fact that you just copied the WP and code of MakerDAO, which has its own mistakes and weaknesses, is of course a dubious move. Couldn't MCR have been presented in a different way?


Our project is a fork MakerDAO. You can see all changes on our github it is open.

give me a link

https://github.com/monolithos/

I think it's time to add a link to the github to the main branch. Every day someone asks

it is not bad idea )


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 02, 2020, 04:32:19 PM

Yes. Information about this is available on our site. The MDT token will be available in Uniswap on August 3, 2020 at 12:00 UTC.


It turns out that in a couple days we will see MDT on Uniswap?



Yes, on August 3, MonolithosDAO will add MDT and ETH tokens to the created pool on the Uniswap platform.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 02, 2020, 04:57:52 PM

Yes. Information about this is available on our site. The MDT token will be available in Uniswap on August 3, 2020 at 12:00 UTC.


It turns out that in a couple days we will see MDT on Uniswap?



Yes, on August 3, MonolithosDAO will add MDT and ETH tokens to the created pool on the Uniswap platform.

500,000 tokens will be added to Uniswap? How many will it be in all?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 02, 2020, 07:53:56 PM

Yes. Information about this is available on our site. The MDT token will be available in Uniswap on August 3, 2020 at 12:00 UTC.


It turns out that in a couple days we will see MDT on Uniswap?



Yes, on August 3, MonolithosDAO will add MDT and ETH tokens to the created pool on the Uniswap platform.

500,000 tokens will be added to Uniswap? How many will it be in all?


At the time of signing the MonolithosDAO protocol, there were a total of 1 million MDT. To find out how much MDT currently exists, check out the MDT Token Contract on Etherscan.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 03, 2020, 07:59:55 AM

Yes. Information about this is available on our site. The MDT token will be available in Uniswap on August 3, 2020 at 12:00 UTC.


It turns out that in a couple days we will see MDT on Uniswap?



Yes, on August 3, MonolithosDAO will add MDT and ETH tokens to the created pool on the Uniswap platform.

500,000 tokens will be added to Uniswap? How many will it be in all?


At the time of signing the MonolithosDAO protocol, there were a total of 1 million MDT. To find out how much MDT currently exists, check out the MDT Token Contract on Etherscan.


link please?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on August 03, 2020, 08:20:15 AM

Yes. Information about this is available on our site. The MDT token will be available in Uniswap on August 3, 2020 at 12:00 UTC.


It turns out that in a couple days we will see MDT on Uniswap?



Yes, on August 3, MonolithosDAO will add MDT and ETH tokens to the created pool on the Uniswap platform.

500,000 tokens will be added to Uniswap? How many will it be in all?


At the time of signing the MonolithosDAO protocol, there were a total of 1 million MDT. To find out how much MDT currently exists, check out the MDT Token Contract on Etherscan.


link please?

https://etherscan.io/token/0xed351575b9869aada94435e0066ba38e08800b60


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on August 03, 2020, 12:09:20 PM
is Uniswap an exchange?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 03, 2020, 02:58:31 PM
is Uniswap an exchange?


Not exactly, this is a special protocol that allows you to work with ERC-20 tokens.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 03, 2020, 03:36:54 PM

It is best to read about Uniswap on their website https://uniswap.org/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 03, 2020, 04:03:27 PM
Is MDT on Etherscan?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 03, 2020, 04:20:03 PM
Is MDT on Etherscan?

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: karryon121 on August 03, 2020, 08:24:40 PM
Why is MDT not verified?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 03, 2020, 08:59:21 PM
Why is MDT not verified?

The MDT token is already registered on Etherscan! By the link you can check transactions https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130?a=0x0dc6aa41a82e8c8060ec312ed1efe8d300346f7e


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: LaraSamr on August 04, 2020, 11:07:24 AM
Are there any calculations of the return on investment in MDT? What are the   possible dates?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 04, 2020, 12:01:18 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Cayie on August 04, 2020, 02:20:48 PM
Is this the right project?  https://uniswap.info/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 04, 2020, 02:56:23 PM
Is this the right project?  https://uniswap.info/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130

yes


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: LaraSamr on August 04, 2020, 04:29:45 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 04, 2020, 05:51:30 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: LaraSamr on August 04, 2020, 06:45:33 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 04, 2020, 07:03:59 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: binben on August 04, 2020, 08:13:31 PM
Is it possible that deliberate sabotage by management  will affect the stability of the MCR?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 04, 2020, 08:41:01 PM
Is it possible that deliberate sabotage by management  will affect the stability of the MCR?


No. It is not profitable, since the pest will need too many tokens. Also decisions that harm the project are not put forward for voting


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: binben on August 04, 2020, 08:44:52 PM
Is it possible that deliberate sabotage by management  will affect the stability of the MCR?


No. It is not profitable, since the pest will need too many tokens. Also decisions that harm the project are not put forward for voting


What was ICO price?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 04, 2020, 08:53:28 PM
Is it possible that deliberate sabotage by management  will affect the stability of the MCR?


No. It is not profitable, since the pest will need too many tokens. Also decisions that harm the project are not put forward for voting


What was ICO price?

0.4$


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: suraqahpatakah on August 05, 2020, 07:22:18 AM
How can i withdraw purchased tokens?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: suraqahpatakah on August 05, 2020, 08:42:03 AM
Do you have a referral program?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 08:58:39 AM
How can i withdraw purchased tokens?

You can withdraw its after August 10, when the tokensale ends. You can use any convenient wallet.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 08:58:55 AM
Do you have a referral program?

no


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 10:52:08 AM
Etherscan updated the token name https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130

https://c.radikal.ru/c36/2008/da/a4e50ecf6565.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: LaraSamr on August 05, 2020, 01:54:15 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)

how are the parameters being regulated now, are they already controlled by the owners of MDT, or are some basic ones laid down by the developers?



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 05, 2020, 02:10:41 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)


That is, if the collateral falls below 125%, the pledged crypt is sold and only the MCR remains on hand?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 03:02:28 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)

how are the parameters being regulated now, are they already controlled by the owners of MDT, or are some basic ones laid down by the developers?



Yes, basic from the developers, since the community is currently being formed and there have been no  votes' yet


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 03:03:27 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)


That is, if the collateral falls below 125%, the pledged crypt is sold and only the MCR remains on hand?


The coins will be sold only for the amount that covers your debt + liquidation interest (currently 7%), the rest is returned to you


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: r0b010146 on August 05, 2020, 06:02:01 PM
MCR generation will start after the end of the tokensale?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 06:47:20 PM
MCR generation will start after the end of the tokensale?


You can generate it now.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: r0b010146 on August 05, 2020, 06:53:54 PM
MCR generation will start after the end of the tokensale?


You can generate it now.

where does change MCR to ETH?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 07:46:09 PM
MCR generation will start after the end of the tokensale?


You can generate it now.

where does change MCR to ETH?


On the land.monolith.money, in the "exchange" tab


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: r0b010146 on August 05, 2020, 07:52:24 PM
MCR generation will start after the end of the tokensale?


You can generate it now.

where does change MCR to ETH?


On the land.monolith.money, in the "exchange" tab


What is Pre-sale end time 10.08 Moscow time? And what will happen to my coins after the end of the pre-sale?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 05, 2020, 09:15:52 PM
MCR generation will start after the end of the tokensale?


You can generate it now.

where does change MCR to ETH?


On the land.monolith.money, in the "exchange" tab


What is Pre-sale end time 10.08 Moscow time? And what will happen to my coins after the end of the pre-sale?


Your coins will be sent to the your wallet.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 06, 2020, 10:08:14 AM
Explain what the person who issues the MCR and leaves a Deposit in the ether, which exceeds the current value, thinks. What is the profit? After all, you can just buy MCR on the exchange.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 06, 2020, 12:12:39 PM
Explain what the person who issues the MCR and leaves a Deposit in the ether, which exceeds the current value, thinks. What is the profit? After all, you can just buy MCR on the exchange.

To save the cryptocurrency without selling it. For example, you have 1 bitcoin, you pawn it and get rubles for a year. A year later, your pawned cue ball makes X10, and you give the rubles and get a profit.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 06, 2020, 02:10:23 PM
Explain what the person who issues the MCR and leaves a Deposit in the ether, which exceeds the current value, thinks. What is the profit? After all, you can just buy MCR on the exchange.

To save the cryptocurrency without selling it. For example, you have 1 bitcoin, you pawn it and get rubles for a year. A year later, your pawned cue ball makes X10, and you give the rubles and get a profit.

  And if it falls?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 06, 2020, 03:14:03 PM
Explain what the person who issues the MCR and leaves a Deposit in the ether, which exceeds the current value, thinks. What is the profit? After all, you can just buy MCR on the exchange.

To save the cryptocurrency without selling it. For example, you have 1 bitcoin, you pawn it and get rubles for a year. A year later, your pawned cue ball makes X10, and you give the rubles and get a profit.

  And if it falls?

Bitcoin is not falling, only rising.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: karryon121 on August 06, 2020, 03:43:07 PM
Can  buy mdt for less than 1 eth?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: mdmtAGNTaj on August 06, 2020, 04:30:52 PM
Can  buy mdt for less than 1 eth?


you can buy 0.25 eth


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: karryon121 on August 06, 2020, 05:18:46 PM
Can  buy mdt for less than 1 eth?


you can buy 0.25 eth

And how and where to do it? After all, on the official site like from 1 eth?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: r0b010146 on August 06, 2020, 05:47:52 PM
Can  buy mdt for less than 1 eth?


you can buy 0.25 eth

And how and where to do it? After all, on the official site like from 1 eth?


Well, there you enter the number of coins a multiple of 200.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: r0b010146 on August 06, 2020, 05:59:30 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)


 I don’t understand what is the point of the collateral, you give in the cryptocurrency,   receiving in MCR essentially a smaller amount in fiat  with the risk of losing your ether?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 06, 2020, 06:25:58 PM
Can  buy mdt for less than 1 eth?


you can buy 0.25 eth

And how and where to do it? After all, on the official site like from 1 eth?


Well, there you enter the number of coins a multiple of 200.


You can register using the link and see for yourself how much you can buy https://monolithos.primecore.io/en/login


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 06, 2020, 06:35:57 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

can fix the price, and if the price of an asset rises, can always release the MCR, or return it and get the asset that has risen in price.

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)


 I don’t understand what is the point of the collateral, you give in the cryptocurrency,   receiving in MCR essentially a smaller amount in fiat  with the risk of losing your ether?

can fix the price, and if the price of an asset rises, can always release the MCR, or return it and get the asset that has risen in price.



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: LaraSamr on August 06, 2020, 06:51:09 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)

how are the parameters being regulated now, are they already controlled by the owners of MDT, or are some basic ones laid down by the developers?



Yes, basic from the developers, since the community is currently being formed and there have been no  votes' yet


The management can issue additional MDTs by voting?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 06, 2020, 07:02:52 PM
Are there any calculations of the return on investment in MDT? What are the   possible dates?

The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3


Will be any MDT tokens release after the presale and uniswap sales?


Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000

The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.


If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.

During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.

+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)

how are the parameters being regulated now, are they already controlled by the owners of MDT, or are some basic ones laid down by the developers?



Yes, basic from the developers, since the community is currently being formed and there have been no  votes' yet


The management can issue additional MDTs by voting?


no. This is stated in the contract and vote does not affect it.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: umsak on August 06, 2020, 08:05:36 PM
The idea of launching a stable linked to the price of the ruble is generally not bad. But it is too early to draw conclusions, let's look at further development.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 06, 2020, 08:43:07 PM
The idea of launching a stable linked to the price of the ruble is generally not bad. But it is too early to draw conclusions, let's look at further development.


If we can answer any your questions to increase your confidence in the development team, we will be happy to help.



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: SofBry333 on August 06, 2020, 09:59:19 PM
 I got it right mcr is as tether?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 06, 2020, 10:26:34 PM
I got it right mcr is as tether?

 Yes, but for rubles.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: SofBry333 on August 07, 2020, 11:04:21 AM
I got it right mcr is as tether?

 Yes, but for rubles.


Can tell  in more detail what rights do MDT owners have in voting?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: nomaka on August 07, 2020, 11:31:19 AM
I don't know! The dollar is a tool for international calculations, so  stablecoins by the dollar make sense. Everyone can understand its value. The ruble is a tool for purely local payments within the country. We'll see what happens next.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 12:55:38 PM
I got it right mcr is as tether?

 Yes, but for rubles.


Can tell  in more detail what rights do MDT owners have in voting?


MDT owners have the opportunity to make technical changes to the MonolithosDAO protocol and ratify on-chain decisions on non-technical issues, whether it is changing system parameters or deciding to adopt a new management philosophy. To learn more about managing the MonolithosDAO protocol, visit the Management FAQ. MDT owners who are interested in actively participating in MonolithosDAO protocol management can refer to the Voting Guide to find out how to get started.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 12:56:34 PM
I don't know! The dollar is a tool for international calculations, so  stablecoins by the dollar make sense. Everyone can understand its value. The ruble is a tool for purely local payments within the country. We'll see what happens next.


First of all, our project is aimed at the Russian market and traders who use ruble pairs. Look at the trading volume against the ruble on the local and on the same bitzlato. Many traders hold exactly the ruble and do not want their balances to be blocked.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: nomaka on August 07, 2020, 02:34:40 PM
I don't know! The dollar is a tool for international calculations, so  stablecoins by the dollar make sense. Everyone can understand its value. The ruble is a tool for purely local payments within the country. We'll see what happens next.


First of all, our project is aimed at the Russian market and traders who use ruble pairs. Look at the trading volume against the ruble on the local and on the same bitzlato. Many traders hold exactly the ruble and do not want their balances to be blocked.

Well, you should understand that this volume is due to the fact that some people just want to enter the crypt market, and others to exit. Therefore, consider use of crypto ruble , more than just arbitration..


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: gisellamarone on August 07, 2020, 02:54:15 PM
What is bitzlato?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 03:07:47 PM
What is bitzlato?

It is service  to exchange cryptocurrency for fiat


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 03:09:46 PM
I don't know! The dollar is a tool for international calculations, so  stablecoins by the dollar make sense. Everyone can understand its value. The ruble is a tool for purely local payments within the country. We'll see what happens next.


First of all, our project is aimed at the Russian market and traders who use ruble pairs. Look at the trading volume against the ruble on the local and on the same bitzlato. Many traders hold exactly the ruble and do not want their balances to be blocked.

Well, you should understand that this volume is due to the fact that some people just want to enter the crypt market, and others to exit. Therefore, consider use of crypto ruble , more than just arbitration..


We are thinking about it, and we will enter the infrastructure gradually. If you want to help us – we will be very happy!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: gisellamarone on August 07, 2020, 03:18:35 PM
What is bitzlato?

It is service  to exchange cryptocurrency for fiat

It is your project?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 03:41:20 PM
What is bitzlato?

It is service  to exchange cryptocurrency for fiat

It is your project?

 it is our partner


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on August 07, 2020, 04:29:03 PM
How many coins do developers have?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: davisafuh on August 07, 2020, 04:37:11 PM
This is the new cryptocurrency?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 04:56:43 PM
This is the new cryptocurrency?


We have updated the existing stablecoin https://www.youtube.com/watch?v=VJfQsYdyfTA&feature=youtu.be


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 04:57:43 PM
This is the new cryptocurrency?


All information about the number of MDT tokens and how they are distributed can be found on the token sale page.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: davisafuh on August 07, 2020, 05:15:20 PM
This is the new cryptocurrency?


We have updated the existing stablecoin https://www.youtube.com/watch?v=VJfQsYdyfTA&feature=youtu.be


Is it worth buying?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 07, 2020, 08:02:12 PM
This is the new cryptocurrency?


We have updated the existing stablecoin https://www.youtube.com/watch?v=VJfQsYdyfTA&feature=youtu.be


Is it worth buying?

 Take a look at the DeFi market. Analyze, make a decision.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 07, 2020, 09:07:36 PM
This is the new cryptocurrency?


We have updated the existing stablecoin https://www.youtube.com/watch?v=VJfQsYdyfTA&feature=youtu.be


Is it worth buying?

It depends on what you are waiting for after the purchase, stable income or x's.



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tert2012 on August 08, 2020, 06:15:48 AM
How many MDTs are there in the system?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 08, 2020, 06:51:46 AM
How many MDTs are there in the system?


At the time of signing the MonolithosDAO protocol, a total of 1 million MDTs existed. To find out how many MDTs currently exist, check out the MDT Token Contract on Etherscan

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tert2012 on August 08, 2020, 07:09:27 AM
How many MDTs are there in the system?


At the time of signing the MonolithosDAO protocol, a total of 1 million MDTs existed. To find out how many MDTs currently exist, check out the MDT Token Contract on Etherscan

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Who is the oracle?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 08, 2020, 07:31:28 AM
How many MDTs are there in the system?


At the time of signing the MonolithosDAO protocol, a total of 1 million MDTs existed. To find out how many MDTs currently exist, check out the MDT Token Contract on Etherscan

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Who is the oracle?


We use MakerDAO oracles. The modules Feed and Relayer. The Feed asks for the price and the Relayer delivers this price to the contract.
Feed takes the median from prices from different sources (direct ETH/RUB pair or calculate the price of ETH/USD median (USD/RUB).
Sources for ETH/RUB: binance; cryptocompare; exmo
Sources for ETH / USD: bitstamp; coinbase; gemini
Sources for USD/RUB: exchangeratesapi; cbr; ratesapi


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tert2012 on August 08, 2020, 08:08:52 AM
How many MDTs are there in the system?


At the time of signing the MonolithosDAO protocol, a total of 1 million MDTs existed. To find out how many MDTs currently exist, check out the MDT Token Contract on Etherscan

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Who is the oracle?


We use MakerDAO oracles. The modules Feed and Relayer. The Feed asks for the price and the Relayer delivers this price to the contract.
Feed takes the median from prices from different sources (direct ETH/RUB pair or calculate the price of ETH/USD median (USD/RUB).
Sources for ETH/RUB: binance; cryptocompare; exmo
Sources for ETH / USD: bitstamp; coinbase; gemini
Sources for USD/RUB: exchangeratesapi; cbr; ratesapi


When will MDT be Listing on Uniswap?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 08, 2020, 08:21:15 AM
How many MDTs are there in the system?


At the time of signing the MonolithosDAO protocol, a total of 1 million MDTs existed. To find out how many MDTs currently exist, check out the MDT Token Contract on Etherscan

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Who is the oracle?


We use MakerDAO oracles. The modules Feed and Relayer. The Feed asks for the price and the Relayer delivers this price to the contract.
Feed takes the median from prices from different sources (direct ETH/RUB pair or calculate the price of ETH/USD median (USD/RUB).
Sources for ETH/RUB: binance; cryptocompare; exmo
Sources for ETH / USD: bitstamp; coinbase; gemini
Sources for USD/RUB: exchangeratesapi; cbr; ratesapi


When will MDT be Listing on Uniswap?

Already done! MDT token  available on Uniswap on from August 3, 2020.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: jaxon6526 on August 08, 2020, 12:13:34 PM
Where can I learn more about the project?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 08, 2020, 12:34:55 PM
Where can I learn more about the project?


Join the telegram channel chat to stay up to date with the latest updates. The documentation, white paper, and code base of Monolithos are publicly available on Github. You can also find more information about the project on the monolith.money website.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: jaxon6526 on August 08, 2020, 12:42:53 PM
Where can I learn more about the project?


Join the telegram channel chat to stay up to date with the latest updates. The documentation, white paper, and code base of Monolithos are publicly available on Github. You can also find more information about the project on the monolith.money website.

Give me Github link please


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 08, 2020, 12:55:59 PM
Where can I learn more about the project?


Join the telegram channel chat to stay up to date with the latest updates. The documentation, white paper, and code base of Monolithos are publicly available on Github. You can also find more information about the project on the monolith.money website.

Give me Github link please

https://github.com/monolithos/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: jaxon6526 on August 08, 2020, 01:19:34 PM
Where can I learn more about the project?


Join the telegram channel chat to stay up to date with the latest updates. The documentation, white paper, and code base of Monolithos are publicly available on Github. You can also find more information about the project on the monolith.money website.

Give me Github link please

https://github.com/monolithos/

 I'm new to the crypto world, tell me what is DeFi?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 08, 2020, 02:41:27 PM
Where can I learn more about the project?


Join the telegram channel chat to stay up to date with the latest updates. The documentation, white paper, and code base of Monolithos are publicly available on Github. You can also find more information about the project on the monolith.money website.

Give me Github link please

https://github.com/monolithos/

 I'm new to the crypto world, tell me what is DeFi?

DeFi are financial instruments in the form of services and applications created on the blockchain.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: nomaka on August 08, 2020, 03:16:25 PM
I don't know! The dollar is a tool for international calculations, so  stablecoins by the dollar make sense. Everyone can understand its value. The ruble is a tool for purely local payments within the country. We'll see what happens next.


First of all, our project is aimed at the Russian market and traders who use ruble pairs. Look at the trading volume against the ruble on the local and on the same bitzlato. Many traders hold exactly the ruble and do not want their balances to be blocked.

Well, you should understand that this volume is due to the fact that some people just want to enter the crypt market, and others to exit. Therefore, consider use of crypto ruble , more than just arbitration..


We are thinking about it, and we will enter the infrastructure gradually. If you want to help us – we will be very happy!




I do not understand how the volume of trading on p2p platforms, where people withdraw money for a living, where you can only pay in rubles, is related to the consideration of the ruble as a means of accumulating funds.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 08, 2020, 04:08:14 PM
I don't know! The dollar is a tool for international calculations, so  stablecoins by the dollar make sense. Everyone can understand its value. The ruble is a tool for purely local payments within the country. We'll see what happens next.


First of all, our project is aimed at the Russian market and traders who use ruble pairs. Look at the trading volume against the ruble on the local and on the same bitzlato. Many traders hold exactly the ruble and do not want their balances to be blocked.

Well, you should understand that this volume is due to the fact that some people just want to enter the crypt market, and others to exit. Therefore, consider use of crypto ruble , more than just arbitration..


We are thinking about it, and we will enter the infrastructure gradually. If you want to help us – we will be very happy!




I do not understand how the volume of trading on p2p platforms, where people withdraw money for a living, where you can only pay in rubles, is related to the consideration of the ruble as a means of accumulating funds.


On p2p platforms, people not only conclusion, a living, but also keep liquidity for trading and earning money.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Cayie on August 09, 2020, 07:17:21 AM
And the MDT token can be invested at a percentage? Or is it purely for trading and management?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 09, 2020, 07:48:26 AM
And the MDT token can be invested at a percentage? Or is it purely for trading and management?

Although technically, MDT can be used as collateral, there are reasons why this is undesirable.

MDT is intended to be used as a recapitalization source for the protocol. This means that the MDT acts as collateral of last resort to absorb losses that exceed the expected losses from the collateral contained in the vaults. If MDT is used as the first instance collateral, i.e., as collateral secured in the vaults, this will deprive it of effectiveness as collateral of last resort.

A negative feedback cycle will occur in the scenario when a fall in the price of MDT will cause the liquidation of the vaults provided by MDT, which will subsequently cause downward pressure on MDT price. While liquidation pricing pressure is a risk applicable to any type of collateral, systemic risk using MDT is potentially higher, since a drop in the price of MDT directly reduces the amount available for the recapitalization of all types of collateral under the MonolithosDAO protocol. The downward spirals in the MDT price also make the MonolithosDAO protocol more vulnerable to management attacks, making the cost of buying enough MDT to vote for an attacker-friendly change more affordable. Besides, if both systemic bad debts and MDT repositories were liquidated at the same time, they would become self-repairing, increasing the risk of a severe fall in the value of MDT and reducing its effectiveness as collateral of last resort.

Finally, there is the circular funding argument. The value of MDT is related to the total amount of MCR in circulation. An additional MCR generated from MDT storages will create a positive feedback cycle concerning the price of MDT, which will create even more MCR from these storages. This behavior increases systemic risk.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: suraqahpatakah on August 09, 2020, 08:56:24 AM
Where can I learn more about the project?


Join the telegram channel chat to stay up to date with the latest updates. The documentation, white paper, and code base of Monolithos are publicly available on Github. You can also find more information about the project on the monolith.money website.

Give me Github link please

https://github.com/monolithos/

 I'm new to the crypto world, tell me what is DeFi?

 Why is DEFi everyone doing on the Ethereum? It is a buggy device, it is impossible to use the network properly.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: suraqahpatakah on August 09, 2020, 09:04:10 AM
What opportunities to earn do MDT token holders have?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 09, 2020, 11:16:38 AM
What opportunities to earn do MDT token holders have?


1.Participation in Flap auctions
2.Earnings on the MDT rate relative to ETH. Since with the correct
when managing the system, the more frequent auction should be Flap, when when the number of issued tokens decreases, which is natural this way increases the price of the token.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 09, 2020, 12:55:43 PM
Where can I learn more about the project?


Join the telegram channel chat to stay up to date with the latest updates. The documentation, white paper, and code base of Monolithos are publicly available on Github. You can also find more information about the project on the monolith.money website.

Give me Github link please

https://github.com/monolithos/

 I'm new to the crypto world, tell me what is DeFi?


 Why is DEFi everyone doing on the Ethereum? It is a buggy device, it is impossible to use the network properly.


The aren't many alternatives right now.  :-\


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 09, 2020, 12:56:58 PM
Can the MDT token, when diluted, cover all MCRs if their cost becomes zero?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on August 09, 2020, 01:10:17 PM
What financial bonuses MDT holders receive?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 09, 2020, 04:52:57 PM
Can the MDT token, when diluted, cover all MCRs if their cost becomes zero?

An event in which the Collateral asset loses all value is considered a Black Swan, which is defined as an unprecedented, unexpected, and catastrophic situation. It makes it very difficult to predict the likelihood of severe threats to the system. There is no guarantee that the dilution of MDT will always be sufficient.

Diluting MDT can recapitalize the system to a specific limit. It is crucial to consider the severity of the situation. If it is high enough, MDT holders may consider an emergency shutdown appropriate, which will result in the MCR being proportionally eligible for the protocol manufacturer's software portfolio.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 09, 2020, 04:56:11 PM
What financial bonuses MDT holders receive?

1. They can redeem the MCR cryptoruble for their MDT lower the market price.

2. After each purchase of MCR coins, the MDT that were paid for them are burned, their quantity is decrease.

3.The Uniswap ETH-MDT pool also raises the MDT price!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on August 09, 2020, 06:31:18 PM
What financial bonuses MDT holders receive?

1. They can redeem the MCR cryptoruble for their MDT lower the market price.

2. After each purchase of MCR coins, the MDT that were paid for them are burned, their quantity is decrease.

3.The Uniswap ETH-MDT pool also raises the MDT price!


Tell more detail on the first point.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 09, 2020, 07:45:38 PM
What financial bonuses MDT holders receive?

1. They can redeem the MCR cryptoruble for their MDT lower the market price.

2. After each purchase of MCR coins, the MDT that were paid for them are burned, their quantity is decrease.

3.The Uniswap ETH-MDT pool also raises the MDT price!


Tell more detail on the first point.

Holders of MDT tokens have a chance to buy MCR, which are generated as a result of the penalty for selling bail. And the price for them, in this case, will be as much 5–10% lower than the market price!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on August 09, 2020, 09:25:14 PM
What financial bonuses MDT holders receive?

1. They can redeem the MCR cryptoruble for their MDT lower the market price.

2. After each purchase of MCR coins, the MDT that were paid for them are burned, their quantity is decrease.

3.The Uniswap ETH-MDT pool also raises the MDT price!


Tell more detail on the first point.

Holders of MDT tokens have a chance to buy MCR, which are generated as a result of the penalty for selling bail. And the price for them, in this case, will be as much 5–10% lower than the market price!

Is there any information whether there will be a listing on any exchanges of the MDT token?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 09, 2020, 09:56:54 PM
What financial bonuses MDT holders receive?

1. They can redeem the MCR cryptoruble for their MDT lower the market price.

2. After each purchase of MCR coins, the MDT that were paid for them are burned, their quantity is decrease.

3.The Uniswap ETH-MDT pool also raises the MDT price!


Tell more detail on the first point.

Holders of MDT tokens have a chance to buy MCR, which are generated as a result of the penalty for selling bail. And the price for them, in this case, will be as much 5–10% lower than the market price!

Is there any information whether there will be a listing on any exchanges of the MDT token?

Yes. The team is negotiating with several exchanges, now we are focused efforts on decentralized and p2p exchanges.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on August 10, 2020, 09:14:58 AM
Is today the last day of your tokensale?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 10, 2020, 09:27:28 AM
Is today the last day of your tokensale?

Yes right. Sale ends at 14-00 UTC


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on August 10, 2020, 09:33:25 AM
Is today the last day of your tokensale?

Yes right. Sale ends at 14-00 UTC

I still have time to buy  :D


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: surfbabe83 on August 10, 2020, 09:37:46 AM
Is today the last day of your tokensale?

Yes right. Sale ends at 14-00 UTC

I still have time to buy  :D

You have time! I've already bought


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 10, 2020, 10:33:37 AM
When will MCR trading start on Land? You said after the end of the sale MDT.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 10, 2020, 10:44:08 AM
When will MCR trading start on Land? You said after the end of the sale MDT.

The trading will be launched soon, follow the news


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 10, 2020, 10:57:03 AM
When will MCR trading start on Land? You said after the end of the sale MDT.

The trading will be launched soon, follow the news


When is that?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 10, 2020, 11:23:37 AM
When will MCR trading start on Land? You said after the end of the sale MDT.

The trading will be launched soon, follow the news


When is that?

Tomorrow the trading will be open, but we will post news here


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 10, 2020, 11:55:34 AM
When will MCR trading start on Land? You said after the end of the sale MDT.

The trading will be launched soon, follow the news


When is that?

Tomorrow the trading will be open, but we will post news here


Thank you, I'll be waiting


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: binben on August 10, 2020, 02:05:32 PM
MCR token sale is over?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 10, 2020, 02:22:26 PM
MCR token sale is over?

MCR trading not even open yet, they'll let us know


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 10, 2020, 02:31:53 PM
MCR token sale is over?

You're confusing MCR and MDT


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 10, 2020, 02:34:51 PM
Is today the last day of your tokensale?

Yes right. Sale ends at 14-00 UTC


By the way, how many tokens were sold?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: binben on August 10, 2020, 02:52:57 PM
MCR token sale is over?

You're confusing MCR and MDT

I thought this was about the crypto ruble


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 10, 2020, 03:21:29 PM
MCR token sale is over?

You're confusing MCR and MDT

I thought this was about the crypto ruble


So it is, but the tokensale was MDT


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: binben on August 10, 2020, 03:26:26 PM
MCR token sale is over?

You're confusing MCR and MDT

I thought this was about the crypto ruble


So it is, but the tokensale was MDT

What is MDT?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 10, 2020, 05:56:47 PM
MCR token sale is over?

You're confusing MCR and MDT

I thought this was about the crypto ruble


So it is, but the tokensale was MDT

What is MDT?


MDT is a cryptocurrency of the Monolithos DAO network. MonolithosDAO is an Ethereum blockchain smart contract platform. The goal of the project, built on the principle of a Decentralized Autonomous Organization (DAO), is to create stability in the world of decentralized things. This stability is implemented through MDT — an ERC-20 standard token, which allows you to use it in all the most popular Ethereum wallets (Metamask, Mist, MEW, etc.).


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 10, 2020, 05:58:02 PM
Is today the last day of your tokensale?

Yes right. Sale ends at 14-00 UTC


By the way, how many tokens were sold?


Follow the news, all information about the MDT sale will be published in addition



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 11, 2020, 03:47:15 PM
MCR trades are open on the site https://land.monolith.money/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: tayyaba98311 on August 11, 2020, 05:05:36 PM
Applied for withdrawal how long will it take?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 11, 2020, 05:24:05 PM
Applied for withdrawal how long will it take?

All applications created and confirmed by email will be processed within a day


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 12, 2020, 02:19:32 PM
MCR trading has started?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 12, 2020, 03:03:08 PM
MCR trading has started?


yes, yesterday


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 12, 2020, 03:13:24 PM
MCR trading has started?


yes, yesterday


Where i can see it?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 12, 2020, 04:34:16 PM

Please, follow the link https://land.monolith.money/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tinca on August 12, 2020, 05:43:19 PM
Do I need to output tokens from the my personal area at site to my wallet?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 12, 2020, 05:54:41 PM
Do I need to output tokens from the my personal area at site to my wallet?

yes


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tinca on August 12, 2020, 06:04:02 PM
Do I need to output tokens from the my personal area at site to my wallet?

yes

Can I use any ETH wallet?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 12, 2020, 07:49:41 PM
Do I need to output tokens from the my personal area at site to my wallet?

yes

Can I use any ETH wallet?

Please use MetaMask


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tinca on August 12, 2020, 07:58:40 PM
Do I need to output tokens from the my personal area at site to my wallet?

yes

Can I use any ETH wallet?

Please use MetaMask

Please provide a link to the smart contract


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 12, 2020, 08:13:14 PM
Do I need to output tokens from the my personal area at site to my wallet?

yes

Can I use any ETH wallet?

Please use MetaMask

Please provide a link to the smart contract

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: jaxon6526 on August 12, 2020, 08:39:02 PM
MCR trades are open on the site https://land.monolith.money/

What is Land? Is it new exchange?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 12, 2020, 08:55:57 PM
MCR trades are open on the site https://land.monolith.money/

What is Land? Is it new exchange?


No. Land is a platform for decentralized Finance. Use it to trade tokens, borrow MCR, and earn savings — all in one place.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: jaxon6526 on August 13, 2020, 09:02:43 AM
MCR trades are open on the site https://land.monolith.money/

What is Land? Is it new exchange?


No. Land is a platform for decentralized Finance. Use it to trade tokens, borrow MCR, and earn savings — all in one place.


And how do I use it?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 13, 2020, 09:29:22 AM
MCR trades are open on the site https://land.monolith.money/

What is Land? Is it new exchange?



It's not an exchange, it's more of a p2p


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 13, 2020, 09:30:07 AM
Are you happy with the tokensale results?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 13, 2020, 10:03:50 AM
Are you happy with the tokensale results?



Yes, we are working on further implementation of our project


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 13, 2020, 10:04:29 AM
MCR trades are open on the site https://land.monolith.money/

What is Land? Is it new exchange?


No. Land is a platform for decentralized Finance. Use it to trade tokens, borrow MCR, and earn savings — all in one place.


And how do I use it?

Land is a decentralized non-storage platform accessible via an Ethereum-supported wallet. You - and only you - have control over your assets. All the details are here  https://land.monolith.money/



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: jaxon6526 on August 13, 2020, 11:55:51 AM
When the owners of the MDT will take part in the work of the project? What can they do?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 13, 2020, 01:29:41 PM
When the owners of the MDT will take part in the work of the project? What can they do?


MDT owners have the ability to make technical changes to the MonolithosDAO Protocol itself, as well as to ratify on-chain decisions on non-technical issues, whether it is changing system parameters or deciding to adopt a new management philosophy. To learn more about managing the MonolithosDAO Protocol, visit the management FAQ.
MDT owners who are interested in actively participating in the management of the MonolithosDAO Protocol can refer to the voting Guide to learn how to get started in this direction.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on August 13, 2020, 05:28:38 PM
read this news? An anonymous investor bought more than 40,000 ETH on the decentralized exchange Uniswap. As a result of his actions, the cryptocurrency exchange rate on the platform soared by 13%, which caused him to overpay almost $2 million.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 13, 2020, 08:18:39 PM
read this news? An anonymous investor bought more than 40,000 ETH on the decentralized exchange Uniswap. As a result of his actions, the cryptocurrency exchange rate on the platform soared by 13%, which caused him to overpay almost $2 million.

And?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on August 13, 2020, 08:45:09 PM
read this news? An anonymous investor bought more than 40,000 ETH on the decentralized exchange Uniswap. As a result of his actions, the cryptocurrency exchange rate on the platform soared by 13%, which caused him to overpay almost $2 million.

And?

I don't know, just a news


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 13, 2020, 09:11:35 PM
read this news? An anonymous investor bought more than 40,000 ETH on the decentralized exchange Uniswap. As a result of his actions, the cryptocurrency exchange rate on the platform soared by 13%, which caused him to overpay almost $2 million.

And?

I don't know, just a news


Please, don't spam


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Cayie on August 14, 2020, 02:19:16 PM
I'm interested too.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tert2012 on August 14, 2020, 02:43:16 PM
Have you any news at all?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 03:23:44 PM
Where will the voting information for mdt hodlers be?

Now a forum is being created where all MDT owners will be able to Express their thoughts  about the project and suggest improvements.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 03:25:07 PM
Have you any news at all?


The information that the forum is currently being created was mentioned early.Stay turned, all information will be published as a news soon


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on August 14, 2020, 04:54:22 PM
Do you have a telegram chat?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 14, 2020, 05:04:36 PM
Can i buy MDT tokens now?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 05:07:46 PM
Where will the voting information for mdt hodlers be?

Now a forum is being created where all MDT owners will be able to Express their thoughts  about the project and suggest improvements.

How can I propose an idea for a vote? And who is authorized to do it?

Any MDT owner can submit an idea


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 05:10:15 PM
Do you have a telegram chat?

Yes. You can join by following the link https://t.me/monolith_chat


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 05:13:04 PM
Can i buy MDT tokens now?

Uniswap only


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on August 14, 2020, 05:39:25 PM
Now i can't offer ideas for the project?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 06:41:46 PM
Now i can't offer ideas for the project?


Please wait a bit, or refer to the voting guide to learn how to get started in this direction.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on August 14, 2020, 06:57:57 PM
Now i can't offer ideas for the project?


Please wait a bit, or refer to the voting guide to learn how to get started in this direction.


how to do it?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on August 14, 2020, 07:08:49 PM
Can i buy MDT tokens now?

Uniswap only


Give me a link


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 07:16:04 PM
Now i can't offer ideas for the project?


Please wait a bit, or refer to the voting guide to learn how to get started in this direction.


how to do it?

 info@monolith.money


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 14, 2020, 07:17:07 PM

You can go from our website https://monolith.money/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 15, 2020, 03:30:29 AM
Now i can't offer ideas for the project?


Please wait a bit, or refer to the voting guide to learn how to get started in this direction.


how to do it?

It's easier to wait - above was the information about the launch of the forum.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on August 15, 2020, 08:39:49 PM

Got it! Thank you!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tinca on August 15, 2020, 09:13:54 PM
Where can I track prices for the MDT token?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 15, 2020, 09:22:19 PM
Where can I track prices for the MDT token?

On Uniswap there is a pair of MDT/ETH. You can monitoring cost there



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tinca on August 15, 2020, 09:29:33 PM
Where can I track prices for the MDT token?

On Uniswap there is a pair of MDT/ETH. You can monitoring cost there



Where can I see this information?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 15, 2020, 09:35:58 PM
Where can I track prices for the MDT token?

On Uniswap there is a pair of MDT/ETH. You can monitoring cost there



Where can I see this information?

https://uniswap.info/pair/0x0dc6aa41a82e8c8060ec312ed1efe8d300346f7e


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: karryon121 on August 16, 2020, 01:16:50 PM
Is it worth withdrawing MDT from the site and whither better to withdraw it? Can i use Ledger?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 16, 2020, 02:01:44 PM
Is it worth withdrawing MDT from the site and whither better to withdraw it? Can i use Ledger?

Yes you need to withdraw it. It will be better to use Metamask.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: karryon121 on August 16, 2020, 02:09:54 PM
Is it worth withdrawing MDT from the site and whither better to withdraw it? Can i use Ledger?

Yes you need to withdraw it. It will be better to use Metamask.

Where can I find token info?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 16, 2020, 02:34:14 PM
Is it worth withdrawing MDT from the site and whither better to withdraw it? Can i use Ledger?

Yes you need to withdraw it. It will be better to use Metamask.

Where can I find token info?

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: karryon121 on August 16, 2020, 03:45:10 PM
Is it worth withdrawing MDT from the site and whither better to withdraw it? Can i use Ledger?

Yes you need to withdraw it. It will be better to use Metamask.

Where can I find token info?

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130

Thank you!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: mdmtAGNTaj on August 16, 2020, 03:55:15 PM
Cuys has anyone installed a metamask on IOS?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on August 16, 2020, 05:11:11 PM
Cuys has anyone installed a metamask on IOS?

I just  he an extension in the browser Mozila  is installed


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 16, 2020, 05:36:07 PM
Cuys has anyone installed a metamask on IOS?

Info about Metamask use you can find on https://metamask.io/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: mdmtAGNTaj on August 16, 2020, 06:50:10 PM
Cuys has anyone installed a metamask on IOS?

Info about Metamask use you can find on https://metamask.io/

I mean, can i install Metamask app on iphone?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 16, 2020, 07:23:39 PM
Cuys has anyone installed a metamask on IOS?

Info about Metamask use you can find on https://metamask.io/

I mean, can i install Metamask app on iphone?

There is no metamask on the iPhone



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: mdmtAGNTaj on August 16, 2020, 08:56:26 PM
Cuys has anyone installed a metamask on IOS?

Info about Metamask use you can find on https://metamask.io/

I mean, can i install Metamask app on iphone?

There is no metamask on the iPhone



Which wallet should I install on my phone to support MDT?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 16, 2020, 09:14:42 PM
Cuys has anyone installed a metamask on IOS?

Info about Metamask use you can find on https://metamask.io/

I mean, can i install Metamask app on iphone?

There is no metamask on the iPhone



Which wallet should I install on my phone to support MDT?


I have a Trust Wallet sees token


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 16, 2020, 09:25:40 PM
Cuys has anyone installed a metamask on IOS?

Info about Metamask use you can find on https://metamask.io/

I mean, can i install Metamask app on iphone?

There is no metamask on the iPhone



Which wallet should I install on my phone to support MDT?


You can use any ETH wallet for ERC-20 tokens


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 16, 2020, 09:38:48 PM
Is it worth withdrawing MDT from the site and whither better to withdraw it? Can i use Ledger?

Yes you need to withdraw it. It will be better to use Metamask.

Where can I find token info?

https://etherscan.io/token/0x4Dfd148B532e934a2a26eA65689cf6268753e130

Thank you!

Not at all!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 17, 2020, 07:39:09 PM
On Uniswap I tried to sell 200 MDT but i can't! A paid commission5 USD and that's all! What's wrong? What's happened?

Just wait a little. The transaction will be passed and you will see your money


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 18, 2020, 07:56:53 AM
 Tell me please - MDT token will be added to the exchange?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Tert2012 on August 18, 2020, 09:03:58 AM
How reliable is the Trust Wallet? It is just ask me to create only 12 words - mo pass, np e-mail conformation. why?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 18, 2020, 11:00:48 AM
Tell me please - MDT token will be added to the exchange?

Yes, in the near future plans to add our tokens on Hodl Hodl


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 18, 2020, 11:10:41 AM


Yes, in the near future plans to add our tokens on Hodl Hodl


When?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 18, 2020, 11:18:19 AM
How reliable is the Trust Wallet? It is just ask me to create only 12 words - mo pass, np e-mail conformation. why?



It is reliable. The main thing is not to tell anyone your 12 words.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 18, 2020, 11:32:16 AM
 

in early September approximately.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 18, 2020, 12:32:06 PM

Thanks


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on August 18, 2020, 04:22:47 PM
I tried to withdraw me MDT from the site to the Trust Wallet - have not confirmation in 6 hours


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 18, 2020, 04:30:51 PM
I tried to withdraw me MDT from the site to the Trust Wallet - have not confirmation in 6 hours

Don't worry everything will come


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 18, 2020, 05:56:06 PM
I tried to withdraw me MDT from the site to the Trust Wallet - have not confirmation in 6 hours

Just wait a little please - you will got your tokens


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Cayie on August 18, 2020, 06:38:45 PM

Only Hodl Hodl?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 18, 2020, 06:48:35 PM

The project is in the process of development, follow our news.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: dafafarqwr4 on August 18, 2020, 06:51:46 PM
I tried to withdraw me MDT from the site to the Trust Wallet - have not confirmation in 6 hours

Just wait a little please - you will got your tokens


haha! i got my money!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 18, 2020, 06:58:30 PM
I tried to withdraw me MDT from the site to the Trust Wallet - have not confirmation in 6 hours

Just wait a little please - you will got your tokens


haha! i got my money!


Great news! You are wellcome


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on August 19, 2020, 11:44:13 AM
Where i can find MDT price?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 19, 2020, 12:08:49 PM
Where i can find MDT price?

Kindly remind: for a convenient view of the price, you can use this link. https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on August 19, 2020, 12:28:24 PM
Where i can find MDT price?

Kindly remind: for a convenient view of the price, you can use this link. https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130

It is true what the price has already increased by 20% relative to the ICO price?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 19, 2020, 12:37:12 PM
Where i can find MDT price?

Kindly remind: for a convenient view of the price, you can use this link. https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130

It is true what the price has already increased by 20% relative to the ICO price?

Yes


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: ullatenus on August 19, 2020, 12:46:28 PM
Where i can find MDT price?

Kindly remind: for a convenient view of the price, you can use this link. https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130

It is true what the price has already increased by 20% relative to the ICO price?

Yes

I think there will be more! Cool! Great news


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 19, 2020, 04:48:14 PM

The project is in the process of development, follow our news.

Ok. I just want to hold tokens 


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Cayie on August 20, 2020, 10:46:33 AM
Add your token to blockfolio!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 20, 2020, 12:52:57 PM
Add your token to blockfolio!

It is in the process now.


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 20, 2020, 01:47:58 PM
Add your token to blockfolio!

It is in the process now.


And what about exchanges?

As we said before - token will be added at several exchanges. 


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 20, 2020, 04:49:58 PM
Add your token to blockfolio!

It is in the process now.


And what about exchanges?

As we said before - token will be added at several exchanges. 


When?

MDT is already Uniswap


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 20, 2020, 06:05:45 PM
Any news about project? we want more information!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 20, 2020, 07:16:51 PM
Any news about project? we want more information!

Stay tuned, as soon as we will have news we will post info here. 


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 20, 2020, 07:31:28 PM
Any news about project? we want more information!

Stay tuned, as soon as we will have news we will post info here. 


It is not very good when after tokensale project spot post any news


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: LaraSamr on August 20, 2020, 08:18:17 PM
When CMC?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 20, 2020, 08:52:28 PM
When CMC?

 In process


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 20, 2020, 09:00:33 PM


https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x4Dfd148B532e934a2a26eA65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 21, 2020, 09:36:05 AM
Any news about project? we want more information!

Stay tuned, as soon as we will have news we will post info here. 


It is not very good when after tokensale project spot post any news

Yes, we understand, but now we are in process with project


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 21, 2020, 09:43:35 AM
Any news about project? we want more information!

Stay tuned, as soon as we will have news we will post info here. 


It is not very good when after tokensale project spot post any news

Yes, we understand, but now we are in process with project

Great, but you can post any news about your negotiations for example, or something else


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: alezgut2410 on August 21, 2020, 02:37:50 PM
Do you already contatc CMC? I can help you


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: gisellamarone on August 21, 2020, 02:45:09 PM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 21, 2020, 04:03:22 PM
Any news about project? we want more information!

Stay tuned, as soon as we will have news we will post info here. 


It is not very good when after tokensale project spot post any news

Yes, we understand, but now we are in process with project

Great, but you can post any news about your negotiations for example, or something else

 I will try back to you  with official news as soon an possible


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 21, 2020, 04:04:01 PM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


No


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 21, 2020, 04:04:32 PM
Do you already contatc CMC? I can help you

Please send me PM


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: GBGglenn on August 21, 2020, 07:23:02 PM
Any news about project? we want more information!

Stay tuned, as soon as we will have news we will post info here. 


It is not very good when after tokensale project spot post any news

Yes, we understand, but now we are in process with project

Great, but you can post any news about your negotiations for example, or something else

 I will try back to you  with official news as soon an possible


OK, we will wait


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 21, 2020, 08:20:16 PM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


 I think you also read info what it is Spanish project - how do you think, is this official russian project?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: gisellamarone on August 22, 2020, 11:42:52 AM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


 I think you also read info what it is Spanish project - how do you think, is this official russian project?

 Spanish? really?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 22, 2020, 11:56:27 AM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


 I think you also read info what it is Spanish project - how do you think, is this official russian project?

 Spanish? really?

Yes, we official project county is Spain


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: gisellamarone on August 22, 2020, 11:59:42 AM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


 I think you also read info what it is Spanish project - how do you think, is this official russian project?

 Spanish? really?

Yes, we official project county is Spain

Why?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 22, 2020, 06:05:06 PM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


 I think you also read info what it is Spanish project - how do you think, is this official russian project?

 Spanish? really?

Yes, we official project county is Spain

Why?

 Russia is not very crypto-friendly now with new law


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: gisellamarone on August 22, 2020, 06:24:44 PM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


 I think you also read info what it is Spanish project - how do you think, is this official russian project?

 Spanish? really?

Yes, we official project county is Spain

Why?


 Russia is not very crypto-friendly now with new law

But you have russian team


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 22, 2020, 06:37:33 PM
I read the articles about crypto-ruble! Is it an official russian cryptocurrency?


 I think you also read info what it is Spanish project - how do you think, is this official russian project?

 Spanish? really?

Yes, we official project county is Spain

Why?


 Russia is not very crypto-friendly now with new law

But you have russian team


We have international team


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: umsak on August 23, 2020, 01:37:19 PM
On bestchange will be your cryptoruble represented?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 23, 2020, 08:03:47 PM
On bestchange will be your cryptoruble represented?

This is in the project development plan


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on August 24, 2020, 12:38:19 PM
What about the price? Why did MDT price fall?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 24, 2020, 12:52:34 PM
What about the price? Why did MDT price fall?

You can follow the price here: https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zionty260 on August 24, 2020, 01:00:24 PM
What about the price? Why did MDT price fall?

You can follow the price here: https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130


I mean, why did the price fall?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: tayyaba98311 on August 24, 2020, 04:52:45 PM
Will the token be available on other exchanges? Except Uniswap


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 24, 2020, 05:48:17 PM
What about the price? Why did MDT price fall?

You can follow the price here: https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130


I mean, why did the price fall?



Why is the value of the BTC have fallen from 12.200 to 11.700 again? This is the market… Is there any official news? I think this could help raise the price!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 24, 2020, 06:11:17 PM
What about the price? Why did MDT price fall?

You can follow the price here: https://uniswap.info/token/0x4dfd148b532e934a2a26ea65689cf6268753e130


I mean, why did the price fall?



Why is the value of the BTC have fallen from 12.200 to 11.700 again? This is the market… Is there any official news? I think this could help raise the price!


All official news will be published here and in our social networks. Stay turned


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 24, 2020, 06:11:49 PM
Will the token be available on other exchanges? Except Uniswap

Yes, it is in the company's plans


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Mongoll on August 24, 2020, 06:56:21 PM
Will the token be available on other exchanges? Except Uniswap

Yes, it is in the company's plans

Does nothing happen in the project?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 24, 2020, 08:13:01 PM
Will the token be available on other exchanges? Except Uniswap

Yes, it is in the company's plans

Does nothing happen in the project?

The project is developing according our plans. Please be patient - we will post all news here


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 24, 2020, 08:23:28 PM
I want to help! What can I do?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 24, 2020, 08:30:12 PM
I want to help! What can I do?


Are you MDT holder?


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: zeus111981 on August 24, 2020, 08:38:08 PM
I want to help! What can I do?


Are you MDT holder?


yes


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on August 24, 2020, 08:43:46 PM

Contact us by email info@monolith.money/


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on September 30, 2020, 12:03:14 PM
Dmitriy Kryshtal, CBDO of Monolithos DAO, gave a speech at an online conference titled “DeFi: Instruction Manual”

The conference, organized by an online publication Forklog, took place on September the 29th, 2020. At the event, speakers discussed the recent trends, market outlook as well as the challenges facing the decentralized finance sector. They also answered the main question: how to earn money with DeFi? In fact, this is the topic that Dmitriy Kryshtal covered in his speech. If you’re trading on CeFi platforms and are having difficulty working with rouble, the MCR token is for you. With this token the authors of Monolithos DAO have given those who trade rouble pairs on exchanges and p2p platforms not only a transparent arbitrage tool, but an opportunity to earn money with DeFi.

To learn more, see the video from the online conference on Forklog YouTube channel: https://youtu.be/Othi6g7jhFs?t=14439

If you have questions about Monolithos DAO – ask them in the comments and we’ll be glad to answer!



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 01, 2020, 11:36:29 AM
How To Generate MCR?

Any user can generate MCR tokens by opening a vault on the Land platform by pledging ETH or wBTC (Bitcoin on the Ethereum network) as a collateral security. However, your cryptocurrency is not spent, but stays locked in the vault as a collateral.

Let’s expound the process of token generation step by step.

1. You can open your first vault on Land at the following link https://land.monolith.money by clicking “Create MCR”
2. Choose the type of collateral and follow the on-screen instructions to create your own MCR
3. The surplus collateral can be withdrawn to your wallet, or used to increase your coin holdings.

Important to know:

Take note of the following terms:

·  «Liquidation price» indicates the value of your collateral security that once reached, leads to the liquidation of your vault.
·  «% for stability» and «% for liquidation» indicate the commission that you will pay should your vault be liquidated

If the price of your collateral increases, while MCR – being a stable coin – keeps its value, the surplus collateral on your wallet increases. In other words, you gain money on currency appreciation.

If your collateral depreciates and reaches the liquidation price, the vault is liquidated, and your collateral is sold to the market. The proceeds are used to pay for the generated MCR and the “% for stability” and “% for liquidation” commissions. This way even when your collateral depreciates, you only lose a part of it to cover the commission fee!

https://d.radikal.ru/d08/2010/6f/9e596da783d2.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 05, 2020, 01:07:57 PM
How to buy or sell MCR tokens?

In the previous video we showed you how to generate MCR tokens, and this time we’ll show you how to buy them.

Let’s break down the process of buying tokens step by step.


✔ You can buy coins on the Land platform, first visit https://land.monolith.money, then click “Start trading”.

✔ You can only buy coins that are already in circulation. If you need even more MCR – it’s easier to generate the required number of tokens yourself.

✔ You can buy tokens with W-ETH. You can create your own buy order for MCR or choose one of the existing ones. Simply follow the on-screen instructions to buy MCR.

https://c.radikal.ru/c06/2010/28/4555e84aac1e.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 06, 2020, 09:04:42 AM
Buy MCR Using Any Bank Card With NO Registration Or Verification

Now you can buy the MCR stable coin and the MDT governance token using any card from a Russian bank or a QIWI wallet with NO registration or verification.

MDT and MCR tokens are now featured on the top-changer.com coin exchange service, where you can purchase coins for fiat using your bank card or an e-payment service. In the near future withdrawing cryptorubles to any bank card will also become available.

All transactions on https://top-changer.com/ take a few seconds at best: no need to sign up or pass KYC.

Simply click the link and start making transactions.

https://sun9-51.userapi.com/US2V6M_Zk-kc9TRj4drZZZ6srkHgOq2PzEMEcA/NpmU4-C-Wnc.jpg



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 08, 2020, 12:14:55 PM
How to participate in MCR collateral auctions

Users on the Land platform can participate in MonolithosDAO Flip collateral currency auctions. An auction is carried out when the collateral ratio drops to its minimum of 125%. In this case the collateral ETH is auctioned off in a Flip auction, and this is a great opportunity for users to buy cryptocurrency below the market.

Flip auctions are carried out in 2 stages:

➡️ During the first stage users bid MCR they are ready to pay for the collateral crypto. The target amount for this stage is equal to the size of the collateral +7% liquidation fee.

➡️ The second stage has bidders compete at how much less collateral they take for the amount of MCR established in the first stage of the auction.

The bidder who offers the most attractive deal, wins.

https://sun9-57.userapi.com/WgZsRA0TC4zVljWomoBNTT3Wu8u8GX-iYWahvg/VBrwE6Z6gu0.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 09, 2020, 10:53:39 AM
Interesting Facts About Stablecoins

How are stablecoins different from other cryptocurrencies, what are they good for and why have they become so popular? Let’s find out!

The first and most striking difference between stablecoins and regular tokens is that they keep all the advantages of cryptocurrencies (decentralization, transparency, anonymity) while being totally unaffected by volatility issues. As a rule, they are pegged to a fiat currency (for example, MCR has a soft peg to the Russian rouble).

By the way, there are stablecoins that are pegged to other cryptocurrencies – a form of asset tokenization. For instance, to be able to use Bitcoin in DeFi projects on the Ethereum blockchain, wBTC – a tokenized Bitcoin, was created.

Some stablecoins are backed by real assets, while some maintain their peg through algorithms only.

In the field of DeFi that is becoming popular today, stablecoins are playing an integral part and are used as the foundation for a lot of protocols. With their help, investors and traders avoid unnecessary volatility.

Many modern companies are already beginning to accept this type of assets as payment, since it has become the safest way to implement new technologies while maintaining the traditional finance models. A good example is how Walmart is developing its own stablecoin.

This way stablecoins serve as a bridge between the world of traditional finance and that of cryptocurrencies. They are vitally important in increasing cryptocurrency technology adoption, making it more and more widespread each day.

https://sun9-57.userapi.com/CMdOh-KVfYV_RIO75dpPkdt5kTxv30Jy34z0AA/ImfbBkBp9ks.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 16, 2020, 10:00:41 AM
Coin swap service top-changer.com gets new features: users can now purchase MCR and MDT tokens using Ukrainian bank cards with hryvnia WITHOUT registration and verification!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 20, 2020, 08:59:30 AM
Buy MCR With PAYEER

The top-changer.com coin swap service now features the ability to buy the MCR stablecoin and MDT governance coin via PAYEER.

Every transaction on https://top-changer.com takes seconds and doesn't require registration and verification. PAYEER also values user anonymity and doesn't ask for your personal information!


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 20, 2020, 06:20:44 PM
Monolith Website Design Update

We have great news for you — we have redesigned our website at https://monolith.money! It has become even more convenient to use. The rework concerned both its visuals and features:

➡️ Its design is now more visually pleasing;
➡️ The website now features "Blog" section where you can find the latest project news;
➡️ "What is DeFi?" informational cards are now up.

Visit https://monolith.money and see the redesign for yourself — we will be grateful if you share your opinion in the comments below!


https://sun9-22.userapi.com/ypc4qpztEGvDPtC3zWbePpXTwjppPZjuW3QZ6g/bdNo2S1iQp8.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on October 27, 2020, 12:10:36 PM
MonolithosDAO features a private forum for MDT token holders — https://forum.monolithos.pro.

There you can keep track of the project’s news, discuss ideas and share your suggestions about Monolithos development.

Any MDT governance token holder can register and become a full community member. If you missed the MDT token sale – you can buy some now on Uniswap and 1inch.

https://sun9-53.userapi.com/k6Q-qM4K3_osYM4vEynn_7YQWkWO37N7LmT83A/KFMv2U0RMoA.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on November 02, 2020, 06:13:00 PM
Now you can find information about MonolithosDAO, MCR and MDT on #BitcoinWiki – an encyclopedia about blockchain, exchanges, mining and other digital technologies. This is an open access multi-language Internet wiki-like encyclopedia with free content.

➡️ The article about MonolithosDAO is available at the link: https://en.bitcoinwiki.org/wiki/MonolithosDAO
➡️ The article about MCR is available at the link: https://en.bitcoinwiki.org/wiki/MCR_stablecoin
➡️ The article about MDT is available at the link: https://en.bitcoinwiki.org/wiki/MDT_(Management_Token)


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on November 05, 2020, 06:33:08 AM
New Trading Opportunities On Top-changer.com

A cryptocurrency exchanger service Top-changer.com now features new coins! You can buy MCR using the following stablecoins:

Tether (USDT)
USD Coin (USDC)
TrueUSD (TUSD)
Paxos Standard (PAX)

We would like to remind you that all transactions require zero registration or verification — simply click the link and start trading! https://top-changer.com


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on November 06, 2020, 11:42:50 AM
Why is it believed that the up-and-coming DeFi market is promising?

Everyone who is observing the cryptosphere can’t but notice how rapidly it is developing in comparison with traditional economy with its principles that have stayed the same throughout thousands of years. In 2008, Bitcoin got in the game, and it was a landmark event. Today, 12 years later, BTC is no longer considered state-of-art. More advanced projects working on blockchain technology are emerging – fast, smart, reliable, and easy to use even for newbies. Let's see why the decentralized finance market is one of the most exciting areas today.

The goal of decentralized financial platforms is to completely overhaul the traditional system of monetary transactions in the most open and seamless manner possible. Many are fascinated by this area because of the ability to create and launch censorship-resistant products, as well as because of the interesting and promising technology that opens up a huge scope for experimentation.

DeFi is sometimes referred to as "LEGO money" for its modularity. By connecting different decentralized applications, you can create completely new projects, simultaneously increasing their user-friendliness, and maximizing your profit.

Why is blockchain innovation so important? Above all, decentralized finance thrives in settings without regulatory oversight. This ensures complete protection of personal life. One of the main challenges on the way to global blockchain development is the hostile environment of outdated laws and regulations, and some DeFi projects have already failed because of this.
The bright future of the blockchain and the decentralized finance market is also confirmed by the interest from large players, such as investment funds and financial institutions. Dozens of banks have already started to work with decentralized funds management in one way or another.

Finally, against the backdrop of the pandemic in 2020, with the stocks of almost all global companies falling, DeFi offers excellent opportunities for safe and high earnings. If you want to learn more about DeFi, our website features a set of crash course cards that will help you with that! https://monolith.money/en/blog

https://d.radikal.ru/d42/2011/8d/302559d44684.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on November 13, 2020, 02:07:27 PM
How Old Is The Idea Of Decentralisation?

Did you know that the idea of decentralization was being discussed ever since the French Revolution?

A French 19-century political scientist Alexis de Tocqueville suggested to transition away from centralized control in an effort for citizens to resist violation of their liberties and subjugation from the bureaucratic government. He believed that those who seek to unite for the sake of the common good, will get a lot of benefits from decentralization. And he wasn’t wrong!

Decentralization is more than just a catchy word. It’s the future. It’ll bring revolutionary changes to finance, technology and politics. Today, together with you, we are pioneering this revolution!

MonolithosDAO is a fully decentralized project, and the MCR stable coin that grants its holders all the privileges that come with DeFi projects! Very soon we will present a few interesting ways of income generation using MCR, so stay tuned!

https://c.radikal.ru/c16/2011/83/fb8856472e60.jpg



Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on November 18, 2020, 09:25:07 AM
Do You Know About DeFi As Much As We Do?

In today’s post we would like to remind you that MonolithosDAO is a DeFi project, which means that to get the most benefit, you need to know more about DeFi!
In the Blog => Analytical Materials section on the monolith.money website we have prepared some key information about decentralized finance:
➡️ What is decentralization?
➡️ What do users get from decentralization?
➡️ What is ETH?
➡️ What are ETH smart contracts?
➡️ What is DAO?
➡️ What is DeFi?
➡️ What is the point of DeFi?
➡️ How are DeFi currencies different from other crypto?
➡️ Where is DeFi used?
➡️ DeFi strengths and weaknesses
➡️ How to earn DeFi tokens?

Follow the link https://monolith.money/en/blog and learn more! Besides, you will need this knowledge very soon, we have prepared something quite interesting for you!

https://a.radikal.ru/a35/2011/c5/125c00fd3bd6.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on November 23, 2020, 09:43:58 AM
Win Money Prizes With Monolithos DAO And Bitzlato!

Today we’re launching the Fattest Banker Giveaway by MonolithosDAO and Bitzlato. The prize pool is $5000, and you can be the one who wins! All you need to do is open a vault and generate MCR tokens. The more the better...

Participants who GENERATE the most MCR tokens stand to win:

1st place: $ 1500
2nd place: $ 1000
3rd place: $ 500

Three more prizes of $500 each will be raffled among the rest of participants with the help of a randomizer.

Don’t want to generate tokens? You still have a chance to win: $250 will go to two random participants who leave a comment under the content announcement post, like and repost it on any of our social media!

The prizes will be given out in the MCR cryptocurrency, as a gift in the Bitzlato bot

The giveaway will run starting 23 November 2020 through 22 December 2020.

On December 22 we will stop registering vaults for the giveaway and announce the winners on 6 January 2021. To participate in the giveaway, your vault must qualify on the following: no less than 5000 MCR generated, and the vault must remain open for no less than 14 days.

If you still have questions — don’t hesitate to ask!

https://d.radikal.ru/d05/2011/c0/5c6d9f39edf1.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on November 24, 2020, 09:12:52 AM
Profit With MCR Using Curve-F (3Crv)

• Profitability — over 15% (twice as much as bank deposits)
• Profit paid in stable coins
• As dollar strengthens, you profit grows

Monolithos DAO is a project that makes entering DeFi an easy task! If you have already heard about decentralized finance, but still unsure about where to start — this is your chance! We offer a very simple strategy of getting profits from various assets using MCR and the 3Crv token, which consists of three most popular stable coins: USDT; DAI and USDC.
The profits are also paid out in stable coins! Which means that you make money on both DeFi and also the increasing value of the dollar (which, analysts say, may reach 90 and even 100 roubles by the end of the year).

An in-depth description of the strategy that will help you make over 16% return on investment (as per 23 November 2020) is available at the following link https://monolith.money/investment
If you have no time to read, watch the video walkthrough on our YouTube channel https://youtu.be/kgOG9QH0YIA

https://miro.medium.com/max/700/1*QtzYbshjxtgo6AZnz9iCEA.jpeg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on December 14, 2020, 10:14:56 AM
MDT Holders To Vote To Reduce Stability Fee

MonolithosDAO has launched the first vote for its governance token holders that will decide whether or not to reduce the stability fee.
Currently the fee sits at 4.00% of collateral per year. If MDT holders decide to go through with the reduction, it will drop to 0.1% per year, making the process of creating crypto rubles even more beneficial.

If you’re an MDT token holder — participate in the vote at the following link https://governance.monolithos.pro/

https://c.radikal.ru/c19/2012/c8/c52aed707187.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on December 16, 2020, 02:16:07 PM
Stability Fee Reduced to 0.1%!

The MonolithosDAO governance token holder vote has come through! MDT holders have decided to reduce stability fee on collateral that used to be 4.00% per year.

The fee will be reduced to 0.1% per year!

The vote has been recorded on the Ethereum blockchain https://etherscan.io/tx/0xe6e15bceee3c0cb660d41d8d5a13fae844da3146b6404bbba4c7d61d22b6ecd8

https://miro.medium.com/max/2400/1*mjHgS3GkmQO2cSB9eciOPw.jpeg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on December 28, 2020, 03:19:07 PM
Happy New Year!

As the New Year’s Eve is approaching, MonolithosDAO congratulates you, wishing you success, well-being, and great revenues!

2020 has been marked by not only an unprecedented surge in BTC growth over the final weeks, but also the DeFi boom and the beginning of Ethereum 2.0 launch. In 2020 a lot of interesting projects came into being, among them — MCR cryptoruble, and its MDT governance token by MonolithosDAO.

We have already done a lot in developing this project, and there is even more work ahead of us! In January we will continue hosting DeFi-themed webinars and introduce to you a number of interesting cases. On top of that you will get pleasantly surprised with quite a few other things! Keep watching our social media feed.

Happy New Year!

https://a.radikal.ru/a35/2012/e5/ceceaf2f982d.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on December 31, 2020, 01:47:07 PM
Happy New Year!

2020 is almost over. The year that changed our habits, our way of life. It showed us new opportunities, but most importantly, taught us to value what we used to take for granted.

We are full of aspirations and hope as we enter 2021!

We hope 2021 brings you luck and success, and may all of your dreams come true! To achieve the goals we have set for ourselves, push new boundaries, and simply be happy!

Happy New Year, friends!

https://b.radikal.ru/b12/2012/c2/8c5b961d2af3.jpg


Title: Re: Monolith - the first decentralized ruble stablecoin
Post by: Monolith.Team on February 16, 2021, 04:01:06 PM
Important news: revised thresholds!

Dear users! We have to put a threshold on MDT and MCR deposits to Bitzlato (@MCR_CHANGE_BOT and @MDT_CHANGE_BOT, as well as the web version of the platform).
The deposit threshold is now 3000 MCR cryptorubles and 100 MDT governance tokens. All transactions below this threshold will not be credited or reimbursed.

Changes will come into force starting 17 February 2021 at 12:00.

https://c.radikal.ru/c06/2102/ac/4e94b149b9b1.jpg