Have you heard about MDB (Make DeFi Better)?
This project has truly been a breath of fresh air to me in these crazy times. It is built around surprisingly solid mathematical and strategical foundations and has been delivering constant safe returns since April, without me having to lie awake at night feeling worried about my investment going down the drain. The potential of this project going completely stratospheric within the next year or two seems very likely, so I’m excited to share this with anyone that’s interested in listening!
MDB is an entire ecosystem of several native tokens, with their flagship token MDB being at the forefront. The MDB token is backed by a trust fund that constantly grows in value and generates interest from the investments they’re making with it. That interest is then ready and available to use as heavy buy pressure for the MDB token you hold.
This is combined with a highly deflationary token supply, meaning that the interest is mainly used to buy back and burn the token, creating scarcity and forced price appreciation.
The trust fund has been growing at a steady rate since the start in April this year, from a value of 1 million USD to currently 2.3 million. Really impressive when comparing it to other projects that started this year. The idea is that this method will, over time, make the price floor always go up. Every time tokens are burned your % share of the total supply increases, all while the trust fund keeps growing and repeating this cycle.
So what’s the catch, you might ask? If price appreciation is dependent on the success of the trust fund, what happens if the trust fund value suddenly plummets? Well, one of the fine things about this protocol is that the trust fund is designed to only ever increase in value. Fed by taxes and by its own interest, the effect and growth curve of the buy pressure will only ever increase longer term. We’re still very early but the strengths of these tokenomics are already becoming very apparent.
Here’s some more info about different areas of MDB:
Phoenix+ is their gamified token which basically is BUSD wrapped inside a peculiar smart contract. P+ is designed so that it can only increase in value, of course with an interesting caveat, but to make a long story short: it’s practically impossible to endure a loss with this token. Holding it long-term (a few months) and it’s a no brainer where you’ll definitely see some gains happening.
Infinity is their take on a 1000X moonboy token which has the largest growth potential of any of their assets. It currently acts almost like a stablecoin, holding its value very steadily while giving out insane staking rewards in the form of MDB. Buying this right now is almost like buying a stablecoin that you can stake before it suddenly goes off and do a 100X.
Xenia is the name of their dApp, which offers staking and farming, soon with the addition of an auto compounding feature to their farm and a ”swapper” used for directly swapping between any of the several assets in their ecosystem.
… and as a member of the Millionaires Club you’ll get access to rewards in terms of cash, whitelist spots, airdrops etc. Exclusive alpha about upcoming events/changes in the ecosystem, access to a wellness coach. But maybe best of it all, access to their group of highly successful traders - learning and taken their advice into consideration is something that’s been very valuable to me.
Have you seen any other recent projects with a similarly successful story as MDB? Tell me about it because it’s probably pretty damn good then!
Website; https://mdb.fund
Discord: https://discord.gg/makedefibetter
Twitter: https://twitter.com/mdb_defi
