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Author Topic: [ANN] OneMOON token released - First deflationary token on HARMONY blockchain  (Read 57 times)
ODINN (OP)
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April 20, 2021, 12:42:21 PM
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OneMOON token released on Mochiswap.io - First deflationary "static/reflective rewards" on Harmony.

OneMoon is a community experiment. 100% of the tokens were locked to a MochiSwap pool to be fully decentralized.
http://onemoon.mochiswap.io/

Holders earn passive rewards by simply holding OneMoon!Do NOT add liquidity to ONE/OneMoon. The Liquidity is generated from swapping actions!

ONEMOON is a deflationary "static/reflective rewards" defi experiment inspired by Passive Reward Mechanics.
5% goes to existing holders of ONEMOON as rewards. 2.5% is used to create permanently locked liquidity between ONEMOON-ONE using MochiSwap LPs The remaining 2.5% is unwrapped, the ONEMOON is burned, and the ONE is used to buy hMOCHI which is also burned.
So each ONEMOON transaction has the following outcomes:- 5% of the fee is distributed as ONEMOON to existing holders.- 2.5% of the fee is used to create permanent/irreversible locked ONE-ONEMOON liquidity- 1.25% of the fee (the unwrapped ONEMOON side) is burned.

You can find this token on DEX https://one.mochiswap.io/#/swap
It can be swapped with: one, hmochi, bscmochi, etc.
If you cannot see token on drop-down list, click manage, then update. Or use contract address from here: https://tokenlists.org/token-list?url=https://s3-us-west-1.amazonaws.com/tokens.mochiswap.io/hashparty-default.tokenlist.json

The great thing is - you do not have to "pay for it" - you can use your farming power on mochiswap.io to purchase it and see it flying.
Slippage 10-12%
For help visit mochiswap telegram https://t.me/mochiswap
As harmony is not yet indexed, chart can be found here: https://docs.google.com/spreadsheets/d/1gFnJiiIpeP3ssd6HLgR3YLrzkxym-stHS32Jy0VnUvY/edit#gid=0

update: first burn completed https://twitter.com/mochiswap/status/1384194529121619983 along with hmochi buyback & burn.
The first #ONEMOON $MOCHI burn was just completed by the #ONEMOON burn wallet.  250,000 $hMOCHI bought back and burned.  1,306,102,376,904 #ONEMOON burned.  Unrecoverable burn wallet: 0x0000000000000000000000000000000000000001
ONEMOON is now integral part of mochiswap.io crosschain dex & farms system.
https://www.youtube.com/watch?v=X67CqY3H6XI


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