General FAQs for $MDBL Liquidity Yield Program💭
💡 What is Cooldown Period (15/30/60/120 days) and Redeemable Rate (25%/35%/50%/100%)?
It means when you redeem eMDBL for $MDBL:
- If you choose a 120-day cooldown peiod, you'll get the entire 100% after 120 days.
- If you choose a 15-day cooldown period, you'll get 25% after 15 days. The remaining 75% is considered as slashings.
- Following the same pattern: 30 Days - 35%; 60 Days - 50%.
💡 Why use Slashing Mechanisms?
Participating in Liquidity Yield Program is optional - it's a two-way choice.
- Long-term supporters prefer to choose 120-day cooldown period for stable high rewards.
- Users seeking flexibility can choose to hold $MDBL without participating in Liquidity Yield Program.
- It's impossible to balance between high APRs and instant unlocking, which would be unfair to our long-term supporters.
💡 What's the Plan for the Slashings?
The slashed eMDBL will be allocated for:
- Burn
- Ecosystem Rewards
- Treasury Fund
💡 Do I need to choose a Staking Period?
There is no Staking Period needed.
💡 What Rewards can I get from the Liquidity Yield Program?
Live Now: 🔥
- eMDBL
Upcoming: 👀
- Tradable REALM Passes: Access to play Dragonverse Neo and get Game Incentives.
- MODragon Eggs : Hatch MODragons to get buff in Dragonverse Neo.
- External Rewards: Such as $MERL.
💡 Is the amount of Daily Rewards fixed?
No. The Daily Rewards varies based on the level of total eMDBL at Daily Snapshot Time. The level rules will also be adjusted by stages based on market conditions and ecosystem plans.
👉🏻Check out details: https://t.co/MVrz6Jsj5G
💡 Do I need to claim eMDBL rewards every day?
- If your daily rewards are large, claiming them daily can increase your liquidity yield.
- If your daily rewards are small, it's more efficient to accumulate and claim in bulk to save on gas fees.
💡 How to Participate in Liquidity Yield Program?
- Join: https://t.co/KtkQ2fGcgr
- Guide: https://t.co/MVrz6Jsj5G
💡 How to get $MDBL
- LBP Claim: https://t.co/k64H8NsKfd
- Post-LBP Airdrop Claim: https://t.co/vahlAOUNQW
- Trade (MDBL/BTC): https://t.co/wuungddR8z
💡 How to get BTC on Merlin as gas fees?
Bridge your assets via Meson or OKX DEX
- Meson: https://t.co/0IPW8ip7Vs
- OKX DEX: https://t.co/SzNHr2nFeb
Got more questions? Please leave them in the comments below.💬👇
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