Topic: [RFC][ANN]Mu Continent - A Sustainable DeFi Protocol on BSC (Read 601 times)

Almost 60B $MU (2357 BNB in value)is now staked in our DAO Vaults (81% of total supply including Burned $MU). Thank you for all the support from our community, and stay tuned for more details.

https://bscscan.com/tokenholdings?a=0x2931c304d0a7d7cf3be97f5fdd029ea676ed1333

https://twitter.com/MUConFinTech/status/1507243100019769346

For the sustainable development of the Mu project in the metaverse era, we introduced the DAO mechanism and updated the white paper.

We will finish the development of DAO this week or next week
Stay tuned!

Thanks to the continuous support from the community, the Mu project is about to release a major update, and we will gradually disclose the follow-up roadmap. We will further build the foundation of a strong community in the form of DAOs. Stay Tuned for MuDAO!

$SHIB is the biggest consensus of MEME! Mu will continue to pay attention to this project. We are studying the DAO mechanism and let the community decide the development of Mu. $MU
https://twitter.com/MUConFinTech/status/1471355895149965314

Our Valut pool has reached US$90,000. We bought BTC mining machines and invest $Baby (2X profit). Soon we will release our road of the GameFi.
https://twitter.com/MUConFinTech/status/1465966639267160066

!!!Buy Back and Burn Test COMPLETED!!!
We have used part of the BTC minging vault funds to buy back MU and send them to burned address!
Things are under track:)
Burn TXID: https://bscscan.com/tx/0x317df9b2fdccd192c661cc9a592611d32f8b7524f09b0138ce90700f54568d06

https://twitter.com/MUConFinTech/status/1463397118241120256

We have setup partnership with $MIP. Community memebers who hold $MU will get $MIP Airdrop. Game is one of our key ecosystem in our roadmap and we are heading to it as planned!
https://twitter.com/MUConFinTech/status/1462952253791350795

Before we launch the "BTC Mining Staking" of the BTC Mining Vault, we will use the BTC mined by the BTC Mining Vault to test the "Buy Back and Burn". We will test it in a few days.
https://twitter.com/MUConFinTech/status/1462212379664687111

One of our Mu roadmap is "GAME" and here we start our journey! Stay tuned!
https://twitter.com/MUConFinTech/status/1462208665495166977

!!!BREAKING NEWS!!!
We have antoher 1 BTC ASIC Miners online, see below data link! 14 BTC Miners online now!!
https://pool.btc.com/dashboard?access_key=r_MO4bSrWr9XC2v&puid=676074

!!!BREAKING NEWS!!!
We have antoher 3 BTC ASIC Miners online, see below data link! Stay tuned.
https://pool.btc.com/dashboard?access_key=r_MO4bSrWr9XC2v&puid=676074

Partnership with Kanga Wallet. Stay tuned!
https://mucommunity.medium.com/partnership-with-kanga-wallet-14d0bbb3774c

Mu Community $BABY Airdrop Activity COMPLETED. Pls check your wallet if you have more than 21M $MU.
Check our Medium post for airdrop record, next plan and "Mu Continent Charity Foundation"
https://mucommunity.medium.com/mu-community-baby-airdrop-activity-mu-continent-charity-foundation-2b2d96176d1

!!! Mu Community $BABY Airdrop Activity!!!
Snapshot at block 12416106 (2021-11-06 13:00 (UTC +1).
Community members who have enough MU positions will receive $BABY in next 48 hours.
Stay Tuned!

!!! Mu Community $BABY Airdrop Activity!!!
Snapshot Time: 2021-11-06 13:00 (UTC +1).
Community members who have enough MU positions will receive $BABY in 2 days.
Stay Tuned!

We have updated the official web to show the BabySwap mining data. Stay tuned!

We have tested babyswap Vaults for a while and part of our vaults fund to mine $BABY. Mine Baby is the supplement to BTC mining. We will provide a more robust and sustainable product portfolio for the community. We plan to airdrop the Baby from the test to our community.

coinforest has listed MU!

https://coinforest.co.in/coin/0xce262761df57c72999146b7a6a752da03835db4a

Team member Tony Cassto and Chris Beverly who comes from UK Bitcourier have a nice project interview.
https://bitcourier.co.uk/news/mu-team-interview

BTC Mining Vaults test beta is good and stable now. Thanks to btc.com
https://pool.btc.com/dashboard?access_key=r_MO4bSrWr9XC2v&puid=676074
Stay tuned

Mu Continent Advocate Referral Reward
https://youtu.be/OymY6XQwXTA

Mu Continent — BTC Mining Vaults Beta Video Introduction
https://youtu.be/Shv8GrZ-wGI

We're proud announce "Mu Continent — BTC Mining Vaults Beta Introduction"
https://mucommunity.medium.com/mu-continent-btc-mining-vaults-beta-introduction-6eaa880ebf8e
Community is working on a viedo introduction too. Stay tuned!

In the past three months, the Mu community has worked very hard in the market work. Let us review some of the achievements.
https://mucommunity.medium.com/mu-continent-marketing-work-review-e2ae07259503

BscScan shows Mu logo now. Thanks!
https://twitter.com/MUConFinTech/status/1442305968683970562

CoinMarketCap listed Mu now. Thanks!
https://coinmarketcap.com/currencies/mu-continent/markets/

Pancakeswap shows MU logo
https://twitter.com/MUConFinTech/status/1439405098942218240

Trust Wallet add MU logo
https://twitter.com/MUConFinTech/status/1439042514779000834

tokensniffer listed Mu. Mu is an original sustainable DeFi/NFT project on BSC.
https://tokensniffer.com/token/0xce262761df57c72999146b7a6a752da03835db4a

Work with "Bubble Maps". Stay tuned!
Bubble Maps introduces a ground-breaking way of exploring tokens on BSC. A simple glance at the bubbles will reveal connections between wallets, and shape a unique perspective of the token.
https://youtu.be/ehtJlCue9Jw

Here is a video introduction about Mu Continent Mechanism.
https://youtu.be/fiEumDHe_WQ

SafePal Wallet shows Mu token logo
Thanks!

Mu added to Coingecko now. Thanks! https://www.coingecko.com/en/coins/mu-continent

Thank you Erayame for opening up the market in Africa. Hard work pays off.
https://youtu.be/Wzx7s5J3HGg

local community TG Groups:

China: https://t.me/MuContinentCN
Japan: https://t.me/MuContinentJP
Spain: https://t.me/MuContinentSpain
Vietnam: https://t.me/MuContinentVN

Mu project medium is online!
https://mucommunity.medium.com

Hi,
we now have a video introduction of the project.
https://twitter.com/MUConFinTech/status/1428242728077467651

CoinCheckup listed Mu now.

FTX (formerly Blockfolio) listed Mu now.

Nomics listed Mu now. Thanks!
https://nomics.com/assets/mu-mu-continent

WorldCoinIndex listed Mu now. Thanks!
https://www.worldcoinindex.com/coin/mu-continent

"Early Adopter" airdrop distribution completed to 600 random winners and top 20 referrers.
Here is the list of winners:
https://docs.google.com/spreadsheets/d/13Cfa-XNnoidpp-BpPknHkm0Br7qfEAt1nTrjrusmChA/edit#gid=0

Coinpaprika listed Mu now. Thanks!
https://coinpaprika.com/coin/mu-mu-continent/

The "early adopter" Airdrop event has closed registration. Thank you very much for your support. We will complete the distribution of tokens within 4 days. Let us start our journey together!

Delta lists Mu now!
https://twitter.com/MUConFinTech/status/1422036383678570499

Mu token logo is now shown at Math wallet!
Join Mu and let's start our journey !

LiveCoinWatch listed Mu now. 

Mu token logo is now shown at TokenPocket wallet
Join Mu and let's start our journey !

Join airdrop to become $MU early adopters with zero cost! :}

Here is a youtube tutorial about how to join airdrop. https://www.youtube.com/watch?v=tHcEvNO5pC8

$MU Community Giveaway is live now!
total for airdrop: 100,000,000 MU!
142,857 MU each for 600 randomly selected participants
714,285 MU each for the top 20 referrers
CalendarEnds on Aug 2nd
Use our airdrop bot in Telegram to join the airdrop https://t.me/MuAirdropBot

Congratulations to the community members who follow the MU website and Twitter. If you are smart enough, You are now the early adopters of MU . Let's start our journey.

Our bsc contract is 0xCE262761DF57C72999146B7A6A752DA03835DB4A.

Buy MU at: https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x55d398326f99059ff775485246999027b3197955&outputCurrency=0xce262761df57c72999146b7a6a752da03835db4a

Receive some post from community, thanks! We are planning airdrop!
Stay tuned!

I agree with you. First of all, we are grateful to the blockchain, which allows us to try many things. Secondly, DeFi can really make some things better. We need speculators and real applications. The two are inseparable. Mu essentially hopes to accomplish some interesting things. Wealth and content do not conflict.

I already lurk and check in on loads of communities from BSC:) As I said and I guess you know by now though,,, I only want to join a real community of users. At the moment and I believe I am really fair here, I have found only ONE community (NFT based) that is totally interested in the art of the artists, helping each other and all that and not once talking about price ever! It is only a few hundred people but so interesting as everyone is contributing.

But BSC groups at the moment are full of where buy when moon etc. Same old ICO talk. Nobody talking about Atlantis or whatever else supposed to be in the whitepaper.

But I always check back and see, when I join, I want to have likeminded people not speculators:)

Hi bro,
Why not join us? It will be nice to have you in the community and I think the project is fun.

Hi guys, are you ready to join us   We will soon deploy the smart contract and add LP on PancakeSwap. Stay tuned!

Thanks for the responses, and looking at the whitepaper I can see that. Hope you really think about token users and not token buyers. Expand on Atlantis, and make BSC your playground,,, but make it so that no matter the price, there is always something engaging to talk about for years to come:) Good luck again!

Thanks to the service partner from BTT, http://mucoin.us is online. The smart contract will be deployed at some point from July 13th to July 30th. Please refresh the official website from time to time to check "Buy MU".

Hey bro, Team discussed your suggestion and update the whitepaper. Thank you!

Hello everyone,
Mu Continent will be officially launched at some point from July 9th to July 30th. At that time, www.mucoin.us will remove password verification. Please refresh the official website from time to time.

Thank you for your input. And we do agree with your opinions. I Hope Mu can manage to make things done.

But as I said,,, this is a direct result of the userbase. And that,,, is a direct result of the type of marketing done for most defi projects and altcoins which is token marketing. Which is why I said try to build on the concept to get a userbase of users. Now, this kind of token marketing, making it all about the token, attracts only speculators. Mechanisms will fail eventually, but use (utility) will win the day eventually:)

Here is the Twitter: https://twitter.com/MUConFinTech

Yes, it is undeniable that Pump-Dump-Exit is a common phenomenon in DeFi today. We have observed many projects and learned some of their experience, hoping that our mechanism can solve these problems. I think the user base you mentioned is really important. We have already got in touch with some communities and hope they can get involved. Fortunately, at least we have a platform to try.

I think the mechanism is fine,,, this is defi after all but you really need to look into this sustainability aspect if you are serious about it. So many different forms of token economics have failed to bring a token past even 12 months of stability.

For me the main critical issue is the userbase. If you have users you are fine. But defi is only attractive for speculators at the moment, right?

Hello,
Dev team is testing the smart contract, so the SC is not launched on mainnet yet.
We plan to launch it around 15th July, maybe earlier. follow our Twitter and stay tuned !

what's token address?

Thanks for the info, we try to find some people who want to have some fun at the community part, dev resource is secured.

We have received some website proposals already.

Have you found someone with experience in building great sites? if not, I suggest you to look for it on the service section of this forum.
It looks like you created this thread to share project ideas, but you don't have a complete team yet, am I right?

Hi, community is working on it.

what's the website link?

We wanted to make the project more interesting, so we thought of the concept of Mu. DeFi brings many possibilities, like looking for the treasure of Atlantis. But in essence, the DeFi mechanism will determine the sustainability of the project. If you have any suggestions for the mechanism in the White Paper, I hope you can tell us and we will seriously consider it.

Ok, so you guys start off so nice with a nice antideluvian continent and mythology etc but then nothing else is reflected in this storyline:)

I hate defi and I think most of it are nonsense,,, but I love a good story and I really liked some concepts out there,,, the cake and syrup lines of BSC's Pancakeswap are getting interesting.

Who is writing your stuff?

Hi, we are looking for someone from community to make a website.

also, we  will share TG group link once ready.

If you have any suggestion on white paper, pls let us know!

If you can make a website for Mu, please contact us [email protected]

I want to know more about Mu Continent

Do you have an official website or a telegram group？

Request for comment | Contact: [email protected]

BSC Contract: 0xCE262761DF57C72999146B7A6A752DA03835DB4A

update WP at 2022-03-17. Pls also check wp at https://www.mucoin.us/whitepaper/

White Paper:


0. Mu Continent
In our journey westward across the Atlantic we shall pass in sight of that spot where once existed the pride and life of the ocean, the Land of Mu – The Antediluvian World (1882).

1. Introduction
Mu Continent is a token on Binance Smart Chain which brings the ultimate revolutionary mechanism to BSC ecosystem: A sustainable economic model with Vaults, Referral Program, Hold and Earn, and Black Hole design that exponentially builds community consensus. Combine these four together with 100% decentralized liquidity pool in USDT on PancakeSwap and you get a power house token out of the hands of anyone, except the community as a whole.

2. Tokenomics
Max Supply: 210 Billion
Burned: 100 Billion (47.619%)
90% of the 110 Billion token is added to LP on Pancakeswap.
10% of the 110 Billion token for the dev team.

3. Features
3.1 Transaction Tax
Every transaction is taxed a fee which is 8%.

3.2 MuDAO BTC Vaults
- 36.75% of every transaction tax is sent to the BTC Vaults pool which will be used to buy BTC mining riggers. You can check our online BTC mining riggers status at https://pool.btc.com/dashboard?access_key=r_MO4bSrWr9XC2v&puid=676074
50% of Vaults profit (mined BTC by BTC mining riggers) is redistributed to holders, 40% of Vaults profit is redistributed to Liquidity Provider (LP), and 10% of Vaults profit is for the dev team.

NOTE:
(1). If you are a holder of MU tokens and want to get rewards from the BTC Vaults pool, you need to stake your MU tokens in our DeFi products, and the smart contract will use the ratio of the number of MU tokens you stake to the overall staking amount to distribute the rewards of the BTC Vaults pool. Your staked MU tokens can be redeemed after 180 days, and once you redeemed your MU tokens, you will not be able to get rewards from the BTC Vaults pool.
(2). If you are a Liquidity Provider (LP) and want to get rewards from the BTC Vaults pool, you need to stake your LP tokens in our DeFi products, and the smart contract will use the ratio of the number of LP tokens you stake to the overall staking amount to distribute the rewards of the BTC Vaults pool. Your staked LP tokens can be redeemed at any time, and once you redeemed your LP tokens, you will not be able to get rewards from the BTC Vaults pool.

3.3 MuDAO MU Vaults
-19.25% of every transaction tax is sent to the MU Vaults pool. 100% of Vaults profit(MU) is redistributed to Liquidity Provider (LP).

NOTE:
(1). If you are a Liquidity Provider (LP) and want to get rewards from the MU Vaults pool, you need to stake your LP tokens in our DeFi products, and the smart contract will use the ratio of the number of LP tokens you stake to the overall staking amount to distribute the rewards of the MU Vaults pool. Your staked LP tokens can be redeemed at any time, and once you redeemed your LP tokens, you will not be able to get rewards from the MU Vaults pool.

3.4 LP Acquisition
- 12.5% of every transaction tax is locked as liquidity in the PancakeSwap liquidity pool, creating an ever-rising price floor.

3.5 Burn
- 112.25% of every transaction tax is sent to burned address.
- The burn address is also a holder thus each transaction helps deflate the supply.

3.6 Advocate Reward
- 8.75% of every buy order transaction tax is used for the referral reward. You can be the Advocate by sending the Referral 1,000 MU token. When the Referral converts, the advocate receives 8.75% of Referral’s every buy order transaction tax.

NOTE: To get the reward, The minimum token position is required to be no less than 210,000 MU.

3.7 Advocate Reward Pool
- 8.75% of every transaction tax is sent to Advocate Reward Pool. Advocate Reward Pool funds will be evenly distributed to the top 21 advocates. “Top 21” means the trading volume (“buy order volume - sell orders volume” of all “down line” users volume) of advocates’ Referrals every 7 days.

NOTE: The reward distribution is weighted based on the LP ratio of the top 21 advocates.

3.8 FOMO Reward Pool
-1.75% of every transaction tax is sent to the FOMO Pool.
- If there is no transaction within 120 minutes, 10% of the FOMO Pool funds will be sent to the last valid buyer of the previous FOMO winner who buys no less than 100,000 MU.

3.9 Anti-tax Avoidance
In addition to trade(contact transaction) on PancakeSwap, Transfer(wallet transaction) is also taxed.

4. Road Map
2021 Q2
- Protocol Initialized: We prepared the main features and completed the R&D

2021 Q3
- Fair Launch on PancakeSwap
- Liquidity Pool locked for 6 months
- Marketing promotion

2021.Q4
- Partnership with listing sites

2022-2024
- MuSwap
- Partnership with CEX
- NFT: Provide NFT products through Arts-come-after model
- Game: Earn profit by competing with others, betting, or predicting the price of cryptocurrencies
- Start to work on anti-quantum technology to protect on-chain assets.

Social Media
Website: https://www.mucoin.us
Telegram: https://t.me/MuContinent
Twitter: https://twitter.com/MUConFinTech
Telegram Channel: https://t.me/MuContinentANN
Medium: https://mucommunity.medium.com/
YouTube: https://www.youtube.com/channel/UCbXy0g1sIMP2ZEvfeloF1dw



---------------------

Old White Paper (Just for Reference)


White Paper:

0. Mu Continent
In our journey westward across the Atlantic we shall pass in sight of that spot where once existed the pride and life of the ocean, the Land of Mu – The Antediluvian World (1882).

1. Introduction
Mu Continent is a token on Binance Smart Chain which brings the ultimate revolutionary mechanism to BSC ecosystem: A sustainable economic model with Vaults, Referral Program, Hold and Earn, and Black Hole design that exponentially builds community consensus. Combine these four together with 100% decentralized liquidity pool in USDT on PancakeSwap and you get a power house token out of the hands of anyone, except the community as a whole.

2. Tokenomics
Max Supply: 210 Billion
Burned: 100 Billion (47.619%)
90% of the 110 Billion token is added to LP on Pancakeswap.
10% of the 110 Billion token for the dev team.

3. Features
3.1 Declining Transaction Tax
Every transaction is taxed a fee according to the following rules:
– The initial transaction tax is 12%.
– Holders exceeds 100,000. The transaction tax is 10%.
– Holders exceeds 200,000. The transaction tax is 8%.
– Holders exceeds 400,000. The transaction tax is 6%.

3.2 Vaults
– 1/3 (33.333%) of every transaction tax is sent to the Vaults pool.
– 50% of Vaults profit is redistributed to holders, 40% of Vaults profit is for MU “buyback-and-burn”, and 10% of Vaults profit is for the dev team.
– Users who early withdraw Vaults profit need to pay 50% tax. The early withdrawal time is 168 hours.
– When the Vaults pool has 3 million USDT, the community can vote to decide whether to share 70% of the Vaults pool funds through smart contracts. If the voting result is to share the funds, the funds will be distributed to the top 2100 users according to the MU staking amount, and the remaining 30% of the funds will remain in the Vaults pool until it reaches 3 million USDT again.

NOTE: To get the reward, You need to stake at least 21 million MU.

3.3 LP Acquisition
– 1/6 (16.667%) of every transaction tax is locked as liquidity in the PancakeSwap liquidity pool, creating an ever-rising price floor.

3.4 RFI Static Rewards
– 1/12 (8.333%) of every transaction tax is redistributed to holders.

3.5 Burn
– 1/12 (8.333%) of every transaction tax is sent to burned address.
– The burn address is also a holder thus each transaction helps deflate the supply.

3.6 Advocate Reward
– 1/12 (8.333%) of every buy order transaction tax is used for the referral reward. You can be the Advocate by sending the Referral 1,000 MU token. When the Referral converts, the advocate receives 10% of Referral’s every buy order transaction tax.

NOTE: To get the reward, The minimum token position is required to be no less than 1 million MU.

3.7 Advocate Reward Pool
- 1/12 (8.333%) of every transaction tax is sent to Advocate Reward Pool. Advocate Reward Pool funds will be evenly distributed to the top 21 advocates. "Top 21" means the trading volume ("buy order volume - sell orders volume" of all "down line" users volume) of advocates' Referrals every 7 days.

NOTE: To get the reward, The minimum token position is required to be no less than 1 million MU.

3.8 FOMO Reward Pool
– 1/6 (16.667%) of every transaction tax is sent to the FOMO Pool.
– If there is no transaction within 120 minutes, 10% of the FOMO Pool funds will be sent to the last valid buyer of the previous FOMO winner who buys no less than 100,000 MU.

3.9 Anti-tax Avoidance
In addition to trade(contact transaction) on PancakeSwap, Transfer(wallet transaction) is also taxed.

3.10 Anti Pump-Dump-Exit Whales
Transactions (sell/buy/transfer) that trade more than 1% of the total supply will be rejected.

4. Road Map
2021 Q2
– Protocol Initialized: We prepared the main features and completed the R&D

2021 Q3
– Fair Launch on PancakeSwap
– Liquidity Pool locked for 6 months
– Marketing promotion

2021.Q4
– MuSwap
– Partnership with listing sites
– Partnership with CEX
– NFT: Provide NFT products through Arts-come-after model
– Game: Earn profit by competing with others, betting, or predicting the price of cryptocurrencies

2022
– Start to work on anti-quantum technology to protect on-chain assets.