Information
Name (Tag) | Monster Slayer Cash (MSC) |
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Algorithm | |
Rank MC / CG | 0 / 4867 |
Website | https://www.monsterslayer.finance/ |
Community |
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BlockExplorer |
https://bscscan.com/token/0x8C784C49097Dcc637b93232e15810D53871992BF |
SourceCode |
https://github.com/monsterslayerfinance |
Genesis block | (18741 days ago) |
BlockTime | minutes |
Last Info/Update | 2021-04-23T18:17:30.453Z |
Source: https://www.coingecko.com/en
Description
MonsterSlayerFinance is an algorithmic synthetics platform: infinite-scalable, long-term sustainable, and decentralized.
Our approach to stabilization – implementing best practice of seigniorage combined with a special stabilization fund to limit the effect of post-farming dumping.
Monster Slayer Cash tokens are designed to be used as a medium of exchange. The built-in stability mechanism in the protocol deterministically expands and contracts the MSC supply to maintain MSC's peg to 1 $BUSD token (which trades close to a single United States Dollar).
During epoch expansions (when TWAP - the time-weighted average price of MSC is above the 1 $BUSD peg), the protocol mints MSC and distributes it proportionally to all Monster Slayer Share (MSS) holders who have staked their tokens inside the boardroom. When MSC's TWAP falls below 1 $BUSD peg, Monster Slayer Bond (MSB) gets issued and can be bought with MSC at its prevailing price.
Sum (BTC) | Total (BTC) | Size (MSC) | Bid (BTC) |
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Ask (BTC) | Size (MSC) | Total (BTC) | Sum (BTC) |
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Date | Buy/Sell | Bid/Ask | Total Units (MSC) | Total Cost (BTC) |
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Sum (BTC) | Total (BTC) | Size (MSC) | Bid (BTC) |
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Ask (BTC) | Size (MSC) | Total (BTC) | Sum (BTC) |
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Date | Buy/Sell | Bid/Ask | Total Units (MSC) | Total Cost (BTC) |
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Date | Bid/Ask | Total Units (MSC) | Total Cost (BTC) | Actions |
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Date | Bid/Ask | Total Units (MSC) | Total Cost (BTC) | Actions |
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Date | Buy/Sell | Bid/Ask | Total Units (MSC) | Total Cost (BTC) |
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