Topic: [ANN] Mochiswap.io - Crosschaindex on BSC & Harmony - $ 400k Mcap right now. (Read 321 times)

A little update.

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

Hello all.

3 entires were chosen, please vote on one you like. Votes are cast on Mochi governence platform. Vote is snapshot based, power of your vote depends on how much mochi you hold.

https://gov.mochiswap.io/#/mochiswap/proposal/QmVDcdkHgFr1gEaxWTZzpUrxZGf1szWf7PnD5Kd4KWSi7y

https://twitter.com/mochiswap/status/1378914819999330311?s=20

Good luck

First bounty announced - 10.000 $bMOCHI to win.
Quite simple - name a token (not created yet) - if your idea will be used, you will receive 10k bMOCHI (~$1300).

Details on telegram (https://t.me/mochiswap), you can also leave your proposal here.

Please see ROADMAP and medium post (https://mochiswap.medium.com/whats-next-for-mochi-and-mochiswap-8c72794fbaf4) - there is KAMI (work in progress) token mentioned - new name is required for this token - it must match its function.

Its interesting thats correct.

There is actually lots of money made there now on solid projects.

From what I see it a lot easier than 2017 icos.

Most people anon, projects starting with no backing at all, and if you think you saw real shitcoins in 2017, see what is happening on bsc now...

Really interesting to see these DeFi Swaps are going . Feeling like its 2017 again where ICOs dominated the cryptocurrency scene. Driving the price of both Eth and Binance.  Only those have innovating features may stand for a long haul I guess.

Hi

They started second DEX on harmony blockchain, farming started like 4 days ago.

example of return from a pool
Returns calculation for 1600 bcsMochi x 1 bscBNB:
2 hMochi per 10 minutes.
12hMochi per hour.
288 hMochi per day.
2016 hmochi per week. Thats $400 a week at $0.2 hMochi price.

other things - it was listed by coingecko.

Another thing - lots of info can be found on reddit https://www.reddit.com/r/MochiSwap/

Interesting, it is currently registered on coinmarketcap https://coinmarketcap.com/currencies/mochiswap/markets/ but there is still 1 exchange to make transactions, will there be new exchanges this year?

Okay, don't have to since people have their own ways. It is only an input and also a way to quickly build a community in this forum. I hope one day there will be and the dev plan was changed.
I'm pleased to hear that Mochi is listed on coinmarketcap, a pretty good run so far.

Just got listed on coinmarketcap few moments ago.

https://coinmarketcap.com/currencies/mochiswap/

Increase was due finished boosted farming, and a bit of fomo, it dropped a lot recently, due to new farming event with new project started on mochi dex.
Vol is small, as no marketing whatsovever, its not even listed anywhere. Just some youtube flicks (like whole 3 on all youtube), some reddit & medium posts, twitter. Thats it.
Not sure if developers are interested in running a campaign, really... at least not yet

Best way to check current status is to see telegram, as many thing are implemented live, not all info is on twitter etc.
One project already started on mochiswap dex, using native token as mining tool (see twitter)

This is cross chain dex with not usual features, see medium etc.
I do not think there will be any bounties, as there was no presale, no ido etc. Token is farmed, minted. There is dev stash, but its only like 500k out of 100mil planned max supply (17mil now)
People there actually do not care about price now, they actually want it to drop so they can fill bags.

There is one project started on mochiswap already, not connected to mochi devs, they are farming now.
There will be farming event on harmony when separate harmony dex is set.

Before any marketing is done, additional environment contracts must be  finished and audited.

When I looking at the graph that you display, it's indeed experiencing a very good price increase. However, the volume is still very small, suggestions for running a campaign or event will indeed be very useful in the current situation.
What would u say about that?

So as I understand for now MOCHI provides yield farming and in the coming months MOCHI will also provide staking token

I believe you need to promote your project here via bounty programs or sig campaign as I noticed, you are the only one posting on this thread. How are you gonna move forward even if you say, you are the first of its kind? NFT is trending these days, and BSC is the go-to network because of its cheaper fees than Eth. However, how are you going to make this project worthwhile for others? Not all NFTs can fetch a high price in the market. Still it depends on who is offering the NFTs.

Attention MochiSwap Community!

Please join in to Vote for MochiSwap to be listed on Blockfolio!  Please share with your friends

 https://feedback.blockfolio.com/coin-requests/p/httpsmochiswapio

Reddit is online.
https://www.reddit.com/r/MochiSwap/

Current graph:

youtube

https://www.youtube.com/watch?v=A4IiWvb9ffo

Roadmap now available on website

News

https://mochiswap.medium.com/whats-next-for-mochi-and-mochiswap-8c72794fbaf4


X multiplied farming period ended few hrs ago. Currently in circulation approx 16mil, total supply 100mil to be mined within next 5 years.

Graph here https://goswapp-bsc.web.app/0x055daB90880613a556a5ae2903B2682f8A5b8d27

more information:

https://mochiswap.gitbook.io/docs/

In Short:

Crosschain-DEX with its own liquidity pools
Governance token (Mochi) rewards stakers with 1/3 of trading fees
Currently deployed on BSC and being tested on Harmony (it will be first of its kind there)
$400k map, 4c token price (ATH was 90c at the beginning of farming)
14m circulating supply, 100m total supply (to be reached in 5 years)
Currently in a 25x lp farming period, ends in 2 days

It's running & improving RAPIDLY for 3 weeks already.

NO PRESALE.

In long:

Mochiswap is a crosschain-DEX with its own liquidity pools (not just an UI plugged into Pancakeswap or Uniswap as it's popular these days), which is currently running on Binance Smart Chain, and being tested on Harmony ONE. Its governance token "Mochi" will reward stakers with 1/3 of the trading fees and can be farmed by providing liquidity to the DEX. The Coingecko listing is underway.

Who is developing it?
A team led by Hashparty, a Harmony ONE validator with $500k worth of ONE staked to it.

What’s Harmony ONE?
Up & coming Low cost high TPS blockchain with Ex Amazon, Microsoft & Google devs. They are fully compatible with EVM & ETH tools, and enable scaling of ETH applications via trustless bridge. At currently close to $300m mcap, they are focussing on growing the ecosystem by attracting devs & projects. Rest assured they will market their first DEX, developed by one of their validators, when all things are in place.

Why is that such a big deal?
Mochiswap is going to be the first of its kind on Harmony ONE & the Team is headed by a reputable Dev (remember, Hashparty is a big validator on ONE). First movers in general did well (Think of Uniswap on ETH & Pancakeswap on BSC). Being deployed on BSC & utilizing bridges it is aiming to directly compete with the big guns Uni & pancake, leveraging cross-chain liquidity pools.

Liquidity provider can farm mochi tokens and then stake the earned tokens to earn from the trading fees. 1/3 of the fees are paid out to Mochi stakers, the other 2/3 are paid out to liquidity providers.
The token is hovering close to $340k MarketCap, at just over 3cent per Mochi (ATH at the beginning of farming was 90c). Currently, the liquidity farmers have a 25x bonus period that will end at about 15.5m supply, which will be in just under a week. The current supply is about 11m and the max supply is 100m, which is finite and will be reached in about 5 years.


The main competitors Mochiswap aims to take on are Uniswap & Pancakeswap. Using the harmony-ETH bridge, Mochi will offer a much faster & cheaper alternative to UNI (With 2 second finality & fractions of a cent in tx cost).

Uniswap is currently valued at over $8bn, that's a 22.000x from Mochiswap's $360k market cap. They just have to capture a fraction of the volume to be the investment of a lifetime. But till the full ONE dex is in place it'll take a while, for now Pancakeswap on BSC is a more direct competitor, which they will tackle with competitive fees and lucrative staking rewards. Pancakeswap is valued at $1.6bn, that's 4.444x from the current Mcap. Again, just a fraction of it and...

DYOR!

https://mochiswap.io/
https://web.telegram.org/#/im?p=@mochiswap
https://mochiswap.medium.com/introducing-mochiswap-mochi-governance-token-and-bsc-yield-farming-pools-a00052c46104
https://twitter.com/mochiswap/
https://twitter.com/0xhashparty - main developer twitter


Some info on staking.

I've placed $700 worth of 8000 Mochi & 2 Apesox into one of the pools - got $70 daily gains. This is on current multiplier. Ask on telegram for details.


Some graphs:
$Mochi https://goswapp-bsc.web.app/0x055daB90880613a556a5ae2903B2682f8A5b8d27
$Apesox https://goswapp-bsc.web.app/0x9e18336E7Fe1824023376B2d73E15f3cF49B4B1a


I suggest to check telegram for more info BEFORE doing anything.