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!

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)

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

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!

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

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

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!