The team will make every effort to ensure that the MDT does not fall below the sale price. We hope the price will grow by 15-20% during the year , but there may be sharp movements on the uniswop and you can catch x2-x3
Will be any MDT tokens release after the presale and uniswap sales?
Tokens are released in limited quantities and will not be released again.The total number of tokens on sale is 1,000,000
The main question at the moment is what will happen if the cost of collateral ether falls, for example, by 2-3 times. And how participants will earn money from this.
If the value of the collateral to the MCR loan amount is less than 125% (this percentage is chosen by the owners of the MDT token), the flip auction will start.
During the flip auction, the collateral of the liquidated storage is put up for sale for MCR. auction participants have the opportunity to buy cryptocurrency cheaper than the market price.
+ A penalty of 7% (also selected by the owners MDT) and over time, the fines formed by the MCR surplus in the system and that MCR will be sold at auction flap, which sells MCR for tokens MDT (MDT owners will be possible to buy MCR cheaper than market price), all MDT received at auction is burnt and this naturally raises the price on MDT (Provision remains the same, the number decreases MDT)
That is, if the collateral falls below 125%, the pledged crypt is sold and only the MCR remains on hand?
The coins will be sold only for the amount that covers your debt + liquidation interest (currently 7%), the rest is returned to you