What is Meliora Finance (MORA) | What is Meliora Finance token | What is MORA token
In this article, we’ll discuss information about the project Meliora Finance and MORA token
About Meliora
Meliora is a Decentralized P2P Cross-chain Swap Protocol. Meliora provides from wallet to wallet, trust-less, permission-less, and secure swaps. Meliora will be one stop trading solution for multichain swaps. Meliora will support Bitcoin, Ethereum, Binance Smart Chain, Cosmos, Polkadot, Tron, Avalanche blockchains.
One wallet to swap them, one wallet to bring them all and in the darkness of blockchains to interoperate them. Meli-Wallet stores cryptocurrencies of different blockchains in one wallet. It enables to store, transfer and swap Ethereum, Polkadot, Binance Smart Chain, Cosmos, Tron, Avalanche and EOS based tokens. Besides mobile app, Web3 integrated browser extension will make swaps easier and faster on Meliora Crosschain Platform. Meli-Wallet which utilizes Hash TimeLock contracts can exchange digital assets across multiple blockchains without the use of a third-party intermediary, ensuring decentralization, security, and reliability. You don’t need to register and trust anybody, just keep safe your private keys and seed phrases. You can create multiple addresses with their own public and private keys in one wallet and keep track of your transaction history in your wallet.
Secure
Within the platform your funds never leave your wallet.
Interoperable
Meliora is chain agnostic that means it can work with all chains.
Anonymous
No accounts, no verification, no KYC to use the platform. No one can block your assets.
Non-Custodial
Meliora never stores any sensitive data such as private keys, seed phrases or PIN. You’re in full control of your own assets.
Meli-Wallet
Meli-Wallet is a multi-chain wallet, it will be developed to address the issue of interoperability between different blockchains and to achieve swaps between different blockchains. The wallet uses Hash TimeLock technology to allow the exchange of various cryptocurrency assets. Users will be able to trade Meliora Cross-chain Platform by using this browser extension wallet.
Staking
MORA token holders will have the chance to increase their amount of tokens just by holding them. Token holders will be able to lock their MORA tokens into our staking platform. Staking system will incentivize our community members to hold more tokens. Staking rewards are calculated based on the token amount and duration that user stakes. We will offer three different staking tiers which will be based on the locked token amount. Minimum amount to stake is 2000 MORA tokens. The graph below shows the staking rewards for each tier.
MORA Tokenomics Explained
- Fee Discount
On Meliora wallet-to-wallet cross-chain platform, traders who hold more than 5000 MORA tokens are rewarded with 50% fee discount. Meliora charges the Taker 0.6% of the transaction amount, while the rate is 0.2% for the Maker.
- Governance
Meliora is truly decentralized and gives right of speech to its community, which makes Meliora a community driven decentralized platform. MORA holders will shape the future of Meliora.
- Revenue Generating
Meliora distributes %20 of monthly DEX profits to MORA holders. Thus, holding Mora tokens will provide monthly revenue. To be eligible to share the monthly fees revenue, holders must be keeping more than 5000 MORA tokens in their noncustodial wallets for the last 15 days before the monthly snapshot. Snapshot will be taken on the first day of each month.
- Passive Income
Mora holders enjoy passive income by staking their tokens. Meliora offers high yield staking opportunities to its community. Holders will have a chance to get up to 90% APY.
Key Metrics:
Ticker:_ MORA_
Token Type:_ Utility Token_
Total Token Supply:_ 5500000 MORA_
_Initial Circulating Supply: _2375000 (43% of total supply upon Uniswap listing)
Token Sales
1970000 MORA tokens will be distributed via token sales. This makes 35.80% of total token supply. There will be two rounds of token sale.
- Early Supporter Round: 450000 MORA Tokens
- Public Sale Round: 1520000 MORA Tokens
- There will be no lock-up or vesting on those tokens.
Development
900000 MORA Tokens are allocated for project development, which makes 16.40% of total supply.
· Development tokens will remain locked for 6 months after listing.
· After 6 months, 20% will be released subsequent months to improve the products and ecosystem.
Staking Reserve
1000000 MORA Tokens are allocated for staking reserve, this consists of **18.20% **of total supply.
- Staking reserve tokens will remain locked in the smart contract.
- Tokens will be distributed to MORA stakeholders.
Team
700000 MORA Tokens are allocated for the team. Team token allocation consists of 12.70% of the total supply.
- Team tokens will be locked for 6 months after listing.
- After 6 months, 20% of tokens will be released per month.
Marketing
405000 MORA Tokens are allocated for marketing budget. Marketing tokens consist of 7.40% of the total supply.
- 100% of marketing tokens will be unlocked.
- Most of this fund will be used to introduce Meliora and token sales.
- Marketing tokens will also be used for giveaway and community rewards purposes.
Liquidity Provision
525000 MORA Tokens are allocated for liquidity provision. They consist of 9.50% of the total supply.
- After token sales end, all those tokens will be added into Uniswap MORA/ETH pool.
- Meliora Team will provide ~150 ETH and 525000 Mora Tokens into Uniswap liquidty pool, securing initial listing price 3500 Mora per ETH.
- Upon listing, LP tokens will be locked through smart contract.
Would you like to earn TOKEN right now! ☞ CLICK HERE
How and Where to Buy Meliora Finance (MORA)?
MORA has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy MORA
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since MORA is an altcoin we need to transfer our coins to an exchange that MORA can be traded. Below is a list of exchanges that offers to trade MORA in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase MORA from the exchange: Uniswap (V2), 1inch Exchange and Bilaxy
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once MORA gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information MORA
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap
🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!
Wallet address:
BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c
USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7
DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ
I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!
#bitcoin #cryptocurrency #mora #meliora finance
