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What is Monster Cash Share?

MonsterSlayerFinance is an algorithmic synthetics platform: infinite-scalable, long-term sustainable, and decentralized.

Full description of Monster Cash Share

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.

• Official website
• Official whitepaper

• Exchange symbol ^(?): MSS
• Cryptocurrency type ^(?): Token ^(?)

Monster Cash Share for developers

• Block explorer ^(?): https://bscscan.com/token/0xacabd3f9b8f76ffd2724604185fa5afa5df25ac6
• gitHub: https://github.com/monsterslayerfinance

Monster Cash Share social sites

• Telegram: https://t.me/monsterslayer_community
• Discord: https://discord.gg/MYScYyQzAW
• Twitter: https://twitter.com/monsterslayerfi

 Source: NOMICS

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