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MiniPanther

MiniPanther

MiniPanther DAO is a 14-day DAO followed by 80% treasury buybacks on Day 15. After that, it will become the meme token of the Fantom Network. Outside staking partnership with Dark Knight offers bonus rewards for staking.

OverviewStructured DataIssuesContributors

Contents

minipanther.money
Is a
Cryptocurrency
Cryptocurrency

Cryptocurrency attributes

Industry
Cryptocurrency
Cryptocurrency
Non-fungible token (NFT)
Non-fungible token (NFT)
Decentralized Finance
Decentralized Finance
Ticker Symbol
MP
Maximum Supply
100,000
Block Explorer URL
ftmscan.com/token/0x3...68AC363505

Other attributes

Cryptocurrency Symbol
MP
Medium URL
polywantsacrackerfarm.medium.com
Exchange
SpookySwap
SpookySwap
Token Standard
ERC-20

The normal treasury withdrawal function is disabled. The creators have no direct access to treasury funds. Staking rewards are given for the first 14 days. Bonding/minting is available for the first 11 days, building the treasury (3-day vesting).

At the end of the first 14 days, the amounts in all treasury bonds besides MP-DAI LP are calculated; 80% is liquidated and used for MP buybacks & burns on the untouched MP-DAI LP within the next 24 hours. 20% is sent to the contract operators as an administration fee. Part of the administration proceeds will be used for black cat-related donation.

If any of the 80% buyback funds remain unspent after day 15, anyone can call a function that conducts a buyback & burn using all remaining buyback funds. MP then becomes the meme token of the Fantom ecosystem. After the first 14 days, no new supply can be minted

However, stakers will still receive rewards via proportional redistribution of the 6.66% transaction tax on selling.

Timeline

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Further Resources

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References

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