MBD Financials launched a cross-chain compatible utility token abbreviated as “MBD”. MBD is based on the BEP-20 token standard on Binance Smart Chain (BSC) that extends ERC-20, the most common Ethereum token standard. This acts as a blueprint for tokens, defining how they can be spent, who can spend them, and other rules for their usage. The token is compatible with both Binance Chain’s BEP-2 and Ethereum’s ERC-20.
MBD Financials (MBD)
Binance Smart Chain
$24m - $48m
MBD users within the community will be able to stake their MDB tokens on decentralized finance and lock them in smart contracts. Users will then benefit from the percentage of coins staked with created incentives.
Investors are compensated in reward coins for staking their MDB in a staking pool/farm, which they can then stake further for additional reward coins, following a yield farming cycle that will churn out exponential profit at the conclusion of each process.
MDB is provided with the flexible option of Staking Contracts with different time lengths suitable for every platform. Based on the time duration of Lock-in periods, Rewards will be generated. Greater the time length, Greater will be the reward.