Unveiling the Final Secrets of the Mad TreeHouse (3/3 Finale)
Peer through the Foliage, uncover the fruits of the madness.
The conceptualization of Mad TreeHouse (MMT) began 3 months before our Cro MM mint and was officially confirmed some time during the middle of November 2021. That was a day which I remember vividly. As I looked at the plans of our execution for Mad TreeHouse, I could sense the immense madness of it all.
By now, you should already be 2 seatbelts in. Truth is, these seatbelts don’t really matter for what’s to come- the fragments of your shattered mirror are about to be disintegrated.
The deliverables of MMT are not what makes it truly mad. Don’t misunderstand, everything we will deliver with MMT is nothing short of madness. However, the crux of MMT revolves about what the MMT experience means, not just for Mad Kats, but for all of Cro Fam. In fact, all of you have already gone through this MMT experience.
Ever since we considered expanding into Cronos, aside from the limitless potential on this chain, we also knew that the community here would be very young. We believed that for this chain to unleash its greatness, everyone will need to learn together and build a holistic understanding of crypto, for each one of us to bring unique value that collectively, will propel Cronos to further heights. Read our first medium article. It reflects this exact same sentiment as well. It is after all, one of our core guiding principles behind the MM team.
As Cronos progresses, there will be an exponential growth of attention, both good and bad types. Projects will flood into Cronos. Strong projects will strengthen and expand Cronos, while others of ill intentions will erode its potential. We’ve seen it happen on so many new chains and we believe that there is a method to the madness- for the community as a whole, to be more discerning. This is where MMT comes in.
I once shared that at MM, our roadmap is that there is no roadmap. Our actions thus far has done all the talking for us. However if you realized, we’ve detracted from this for MMT and have shared in large detail, most of the plans for MMT.
-Most plans for MMT, including those that are not formally confirmed eg. Breeding.
-Premium Mint Price
-Track Record of MM
Here’s the main key of MMT. To even decide to mint, you would have to take into consideration many significant factors. Weighing them out one by one and fitting them into an overall picture which will then reveal to you if all these aspects of MMT is worth its mint price. Everything is by design. By going through this experience, you focus and simply, discern. This is the principle that MM wanted to share with all of Cro Fam through MMT regardless if you are a Mad Kat or not.
To us, this is what inclusivity and Wagmi means.
At present, from all the discussions that we have seen over the past 3 days, we believe that this principle of intense discernment that we were focused on from the get-go has been clearly communicated and received by Cro Fam. For that we are grateful and now is the time for the final reveal of the remaining utility behind Mad TreeHouse.
Aside from all the utility (https://bit.ly/3oWue9y) and mint details (https://bit.ly/3uYmQy1)that has been shared previously,
1) All Mad Treehouses can be staked on MMO.
-For 1.5% amplified boost in $MMO yields when you stake your LPs.
-For clarity, only Cro MMs get 3% amplified boost in $MMO yields when you stake your LPs.
2) All whitelisted Cro NFTs can be staked on our Mad TreeHouse platform to earn more $MAD.
-Non-MM Cro NFT Collections will be whitelisted.
-Stake your Cro NFTs to earn extra 3.5% more $MAD/day.
-For clarity, Cro MM can be staked to earn extra 10% more $MAD/day.
-Max of 3 staking slots.
-Eg, 1 MMT + 3 MMB (max 3 NFT Staking Slots) = 1.3%$MAD (1+0.1+0.1+0.1)
1MMT + 1MMB + 2 Cro NFT (Max 3 NFT Staking Slots) = 1.17% ( 1+0.1+0.035+0.035)
*Confirmation of which Cro Projects will be whitelisted will be given in the upcoming weeks.
In addition, we would like to share more details about the tokenomics of $MAD.
-Only 5,000,000 $MAD will ever exist.
-10,000/day minting rate + max boost of 30% = Only 13,000 $MAD per day (Controlled, limited supply)
-$MAD/MMF Farm will be set up to earn $MMF (1x multiplier)
-Estimated $230,000 allocated/month
-$2,760,000 USD in MMF for $MAD holders annually.
$ MAD will be the foundational coin for our MM NFT arm hence, when $MAD is used:
-80% automatic liquidity acquisition
-Long term Deflationary token
For MMT Airdrop Conditions, there are no changes because of a clear rationale. Value Protection.
-A balance must be kept between the Eth and Cro MMs.
-Any change in conditions must be reflected for both collections.
-Eg, if we reduce Cro MM airdrop conditions from 4 to 3, Eth MM airdrop conditions will likewise be reduced from 2 to 1.
-Should this be the case, total qualified airdrops (at present, percentage will increase since more people will attempt to fulfill the easier conditions) will exceed 30% of the supply of MMT.
-This means that there is significant risk of a dump simply because too many of them have been airdropped.
Changes to Mint Price:
As MMT has successfully achieved its initial key objective, we have thus decided to lower the mint price of MMT for all brackets. As the Crypto Markets are currently extremely volatile, mint prices will be pegged to the USD value as shown below. Final Cro amount will be shared closer to the mint date.
ETH MM Whitelist Details:
If you own an Eth MM Kat, you have access to a mint round with the following details.
Mint Price: 269 USD in $CRO
CRO MM Whitelist Details:
If you own a Cro MM Kat, you have access to a mint round with the following details.
Price: 308 USD in $CRO
Price: 380 USD in $CRO
Total Supply: 10,000 MM TreeHouse NFTs
Mint Period: First week of March (Will confirm closer to this period)
No changes to MMT Money Tree Initiative:
-150,000 USD to be given out in the public supply.
-1000 lottery prizes ranging from USD 80 to USD 1000.
-Grand Prize USD10,000.
With that, the full reveal of Mad TreeHouse is now complete. Welcome to the official beginning of the second stage of our MAD Adventure. As always, do buckle up, that’s the best way to enjoy the madness 😉
Reach out to us here:
Telegram Group: https://t.me/mmfgroup
Announcement Channel: https://t.me/mmfann