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Author Topic: Monolith - the first decentralized ruble stablecoin  (Read 1773 times)
Monolith.Team
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November 06, 2020, 11:42:50 AM
 #361

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 One of the main challenges on the way to global blockchain development is the hostile environment of outdated laws and regulations, and some DeFi projects have already failed because of this.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

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November 13, 2020, 02:07:27 PM
 #362

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!



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November 18, 2020, 09:25:07 AM
 #363

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!

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November 23, 2020, 09:43:58 AM
 #364

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!

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November 24, 2020, 09:12:52 AM
 #365

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

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December 14, 2020, 10:14:56 AM
 #366

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/

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December 16, 2020, 02:16:07 PM
 #367

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


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December 28, 2020, 03:19:07 PM
 #368

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!

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December 31, 2020, 01:47:07 PM
 #369

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!


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February 16, 2021, 04:01:06 PM
 #370

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.

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