Important Tokenomics Announcement

Gagandeep singh
2 min readNov 17, 2021

Hello, Moon bears!

📢 As you may already know, there was an important discussion on our Telegram and Discord communities about introducing a buy-side transaction fee on our token purchases. So far, most of the community members agree that we should add a buy fee to our contract. We also believe that this is an important thing for the progress of our project, so today we officially announce that from now on there will be a small 4% buy fee with every transaction.

⚠️ This means that you must set your slippage to 5% to be able to purchase $MBF on PancakeSwap or on our own integrated swapper. Here’s how the 4% buy-side fee will be divided:

✅ 1% Staking Rewards
✅ 1% Stable Rewards
✅ 2% Marketing and Development

As transparency is very important in our community, we want to explain why we made the decision to implement this change going forward:

👉 The DeFi landscape is an extremely competitive market, so adding this buy-side fee will allow for our staking rewards to accumulate faster for existing holders and they will be more incentivised to stake and share the project. Also, the majority of successful projects in the space currently have both buy and sell taxes for various different reasons and we are confident that our reward system will benefit the most from this addition.

💰To balance this change, we are moving forward with the following:

  1. Starting today we are also reducing the sell fee from 18% to 15%. The new fee will be divided like this: 3% Marketing & Development, 3% Buyback Rewards, 3% Stable Rewards, 3% Token Burn, 1% Liquidity, 1% Team, 1% Charity
  2. We plan to introduce a 10% additional tokens bonus programme to all investments that buy MBF and immediately stake for a minimum of 30 days after swapping on our own swapper.

So from now on if you want to buy $MBF you should use 5% slippage and if you want to sell — 18%!

🙏Thanks again for your understanding and feedback regarding this change. We’re confident this is the right step to take moving forward.

Onwards and upwards, Moon bears!

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Gagandeep singh

International BTC BNB BTMX Trader 💯% 💯% 💯%💯% Follow Back Belong To India 🇮🇳