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Author Topic: Monolith - the first decentralized ruble stablecoin  (Read 1789 times)
r0b010146
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August 05, 2020, 06:02:01 PM
 #141

MCR generation will start after the end of the tokensale?
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Monolith.Team
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August 05, 2020, 06:47:20 PM
 #142

MCR generation will start after the end of the tokensale?


You can generate it now.
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August 05, 2020, 06:53:54 PM
 #143

MCR generation will start after the end of the tokensale?


You can generate it now.

where does change MCR to ETH?
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August 05, 2020, 07:46:09 PM
 #144

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
r0b010146
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August 05, 2020, 07:52:24 PM
 #145

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?
Monolith.Team
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August 05, 2020, 09:15:52 PM
 #146

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.
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August 06, 2020, 10:08:14 AM
 #147

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.
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August 06, 2020, 12:12:39 PM
 #148

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.
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August 06, 2020, 02:10:23 PM
 #149

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?
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August 06, 2020, 03:14:03 PM
 #150

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.
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August 06, 2020, 03:43:07 PM
 #151

Can  buy mdt for less than 1 eth?

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mdmtAGNTaj
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August 06, 2020, 04:30:52 PM
 #152

Can  buy mdt for less than 1 eth?


you can buy 0.25 eth
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August 06, 2020, 05:18:46 PM
 #153

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?

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r0b010146
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August 06, 2020, 05:47:52 PM
 #154

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.
r0b010146
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August 06, 2020, 05:59:30 PM
 #155

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?
Monolith.Team
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August 06, 2020, 06:25:58 PM
 #156

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
GBGglenn
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August 06, 2020, 06:35:57 PM
 #157

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.

LaraSamr
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August 06, 2020, 06:51:09 PM
 #158

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?
Monolith.Team
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August 06, 2020, 07:02:52 PM
 #159

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.
umsak
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August 06, 2020, 08:05:36 PM
 #160

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.
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