Olive Cash Partners With Micro Gaming Pool
Olive Cash are happy to announce that they are be able to offer a new Olive Garden Pool for Micro Gaming Protocol.
Users will be able to stake SHIKO tokens on August 16th 14:00 UTC.
The Olive Garden MGP V2 Pool:
Stake OLIVE tokens, to earn MGP V2 tokens!
Total Tokens: 2,619,360,000,000 MGP V2
Distribution duration: 500,000 blocks, approx. 17 days
Start: August 16th 14:00 UTC
Token rewards per block: 5,238,720 MGP V2
Token address: 0xdf77539d45abfe4aea13f1240ef82b991ee0f023
About MICRO GAMING PROTOCOL
The decentralized future of eSports is here. For gamers, by gamers. Buy now and be a part of it.
TOKENOMICS
The initial supply will be 1,000,000,000,000,000 coins. About 50% of the initial supply will be burned manually in the first months after the launch of MGP v2.
For each transaction carried out a 12.5% fee is incurred. This fee is then split between several uses: 5% will be transferred into the Pancakeswap liquidity pool to stabilize the price movement of the currency and to prevent the liquidity pool from being drained. 3% * will be transferred into a prize pool wallet from where tournament winners or players who successfully finished certain in-game achievements will be paid. 1% of every transaction will be burned. This will make MGP coins more scarce and lead to an increased value over time. 1.5% of every transaction will be evenly distributed between all wallets that hold MGP in the moment the transaction happens. 2% * will be transferred into a marketing wallet to pay for future exchanged listings and marketing campaigns.
About Olive Cash
Olive Cash is a yield farming and staking platform on Binance Smart Chain and on Avalanche.
Mission is to create the most Economically Sustainable and Accessible yield farming community on BSC and Avalanche by providing a simple user interface, facilitating access to DeFi, and creating a perpetual deflation token, the Olive token.
OliveCash has the goal of fostering AMM, Yeild Farming and DeFi market by facilitating the participation of traditional investors to the Crypto Ecosystem. Expanding the potential market reach requires simple and smooth interfaces as well as easier connections between Fiat and Crypto markets. To increase protocol economical sustainability, we aim at increasing burning fees and defining additional deflationary strategies benefitting holders.
