Mozart Finance - One Of The Best Platform Defi

bangkecol (6)in #mozartfinance • 4 years ago

Introduction

The blockchain revolution is slowly taking shape as time goes on. From the start, Ethereum created an improvement on Bitcoin based on the creation of smart contracts. Currently, there has been a boom in DeFi, Yield Agriculture, and NTFs over the past year.

Many platforms, accommodating this technology, have emerged to adapt to the new era. Mozart Finance is one of these platforms.

So precisely what is Mozart Finance? The platform was created as a fork of Goose Finance, making it a unique DeFi project running on Binance Smart Chain (BSC) with many other features that allow you to earn and earn tokens through its ecosystem.

Being a new platform slowly introduces more and more features, as a result his roadmap. Here’s what you need to know about the platform:

To protect the network in the long term, Mozart has an exclusive native BEP-20 token called PIANO. The primary payment currency is this token and is used as the basis for some liquidity pools.

However, other pairs of other properties will be available. In addition, investors can bet on PIANO tokens and get rewards. Due to the policies created, the price of the PIANO token is stable and deflationary. By using some of these elements, you can accomplish the deflationary function. First, 1% of any transaction is perpetually burned by the platform. Engraving ensures a balanced number of tokens.

Deposit fees paid also contribute to token deflation. Users redeem PIANO tokens for 50% of this payment fee.

Between the first and third week, the platform intends to reduce emission rates. The emission rate will however remain permanently at 0.25 PIANO per block after the third week.

Description

Mozart has developed a formidable system of economical tokens to guarantee public access to the token and to maintain the stability of the network. The original supply of these tokens is 9.6 million, but 100,000 PIANO are the mined tokens.

These tokens will be used to start the pre-sale process. Here is how the tokens are distributed; the public presale sells 55% of the tokens (55,000), 40% of the tokens (40,000) are stuck in liquidity, and the last 5,000 tokens (5%) are for advertisements and advertising websites.

27.5 PIANO tokens are identical to 1 BNB. At 22,000 PIANO, or 800 BNB, Mozart Finance has set the soft limit. The hard cap is 55,000 PIANO, equivalent to 2,000 BNB.

Each wallet could buy at least $ 0.2 billion and at most $ 20 billion of PIANO during the presale. The platform has managed to exceed its presale rate in five minutes and hit its strong limit of 2000BNB. The great prospects for the token and the network are already evident to investors.

The main feature of Mozart Finance is its farm yield protocols. The developers have confirmed that the platform will offer numerous pools to provide investors with the highest APR levels. Yield farming is a better choice for trading because intensive research is not required. You lock your funds in a YF Pool and collect a payout based on your participation rate.

Although not previously available, the staking feature has just been added to the platform’s feature list, a check mark in its roadmap.

Select a pair of tokens: The first step is to actually choose the pair of tokens you want to use. The SWAP phase only takes a few seconds. You need to add cash for both and keep in mind that $ 100 in each pair of farms should be split between 50 and 50 pairs.
Add liquidity: Then the next move before you can enter the farm is liquidity. You can add liquidity to the system by converting BUSD and BNB to BUSD-BNB LP tokens.
Stake: The LP tokens in your wallet should appear after this. You will now be able to bet LP tokens on either pair of farms. To withdraw LP tokens, repeat the same process in reverse.

As mentioned earlier, Mozart is working on scaling blockchain technology and that includes NTFs. NFTs are already a commodity in the market that sells for millions of dollars. In its deflationary climate, Mozart Finance aims to help the emerging sector. Users can use Mozart Finance to trade, collect, and create NFTs.

The main advantage for Mozart Finance users is the deflationary mechanisms that contribute to the overall stability of the platform. Mozart Finance hopes to improve the sustainability of its network through a combination of various token-burning mechanisms.

1% of any transaction is burned. The network also performs weekly spontaneous burns under current market conditions. The burning strategy allows Mozart developers to maintain full control over the value of the native token of the PIANO platform.

Mozart Finance’s high APRs are worth the hype. The developers brag that these prices would go beyond current industry levels. Mozart Finance aims to offer a lucrative alternative to the DeFi group when combined with the deflationary strategies that the platform intends to use.

Mozart Finance’s lower transaction cost should increase your interest as an investor. Since the network relies on BSC and not Ether, gas charges, unlike other popular DeFi platforms, don’t go down to a ridiculously high level. Recently, investors have been looking for alternatives in the market to avoid these rising gas costs.

Recently, Mozart Finance announced its intention to perform several code audits. The developers had already reached an agreement for their first audit with ImmuneBytes before the start of the presale; the platform has promised to perform additional audits.

In line with the developer’s desire to offer the DeFi community a more transparent agricultural alternative with a return, the platform includes certain consumer protection measures. More specifically, since the end of the pre-sale of the network, its liquidity has been blocked for eight months.

Mission

Mozart Finance presents itself as a generational Blockchain Defi project aiming to exist better with its initiatives. The project developer is very resilient in creating a platform that integrates all major DeFi applications likefield agriculture, lotteries and NFT. We expect the platform to get big over time.

The democracy that DeFi protocols offer users is becoming a popular concept, and Mozart Finance is making the most of it. Mozart Finance users have a say in new developments in the ecosystem. Better yet, all PIANO owners will have governance rights on the platform.

As the platform transcends to greater heights, the Binance smart chain is also getting a lot of attention from crypto enthusiasts. Take the step and explore the options that Mozart Finance offers its community today!