Voilà! — Here’s everything about $VIOLA
Dear Symphonists,
We finally bring you all the details about the eagerly awaited $VIOLA token that will upgrade the Mozart Finance ecosystem alongside the $MELODY token you’re all familiar with.
A TRUE COMMUNITY TOKEN
Ever since our team presented $VIOLA as a potentially great added value to our project, our community participated in every step of planning. We got a lot of feedback and after carefully studying all of the community tokenomics suggestions, we have created our version of it and have put it up to a vote.
… and Symphonists have one again spoken!
PRESENTING $VIOLA
- FAIR LAUNCH
This means we will add Melody pool (on viola contract, better) with rewards in Viola and no liquidity for Viola before, no initial supply, nothing. First come first served. Farming and rewards starts after the first guy stakes $MELODY and gets rewarded in $VIOLA.
- AVAILABLE POOLS
$MELODY 10x — rewards $VIOLA (with 20% burning fee)
$VIOLA 8x — rewards $VIOLA
- AVAILABLE FARMS
$VIOLA — $MELODY 24x
$VIOLA — $BNB 16x
$VIOLA — $BUSD 12x
Non-native pairs will be added after 72 hours because this concept can only work if the first pool is $MELODY.
- TOKENOMICS
Unlimited supply
Block reward 1/block (28 800 per day)
- BURN MECHANISM
Burning fee 2% on every transaction (all transactions basically). This means our investors will have to put slippage to 2% minimum when making transactions with $VIOLA
- BLOCK REWARDS DISTRIBUTION
56% to farms
35% to pools
9% to dev/team address
- HARVEST LOCKUP
Harvest lockup is a unique and creative farming rewards lockup mechanism. This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dumping.
For example, the harvest lockup of the VIOLA-BUSD farm is 2 hours. It means that farmers who stake in the VIOLA-BUSD farm can only harvest (claim their rewards from farming) every 2 hours.
- ANTI-WHALE
Transfer more than 0.5% (current ratio) of the circulating supply will be rejected. As the total supply grows, this ratio will be reduced. Deposit or withdraw tokens to the farms will not be subject to this restriction.
ETA on $VIOLA token launch is early June, make sure to stay tuned on our Telegram channels.
Stay classy.
