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Cryptocurrency is starting to gain a reputation as a safe haven investment, much like gold and other metals. But that’s not the only reason investors should diversify their investment portfolio with bitcoin and altcoins( Mozart Finance). The shock of the pandemic has prompted businesses to accelerate their digital infrastructure which includes tech-enabled and remote financial services. Virtual currencies have stepped in to fill that need. In fact, they’ve been ramping up to do so for quite some time and the pandemic has been the main accelerator. Banks are racing to roll out crypto-based services which include withdrawals, deposits, and payment transfers via digital wallets.
We are going to discuss a new project which is called Mozart Finance
Mozart Finance is a fork from Goose Finance & astonishing DeFi project running on BINANCE Smart Chain (BSC) with lots of other features that let you earn and win tokens.
The project tries to create a magnificent symbol of eternal deflation, which is performed like a symphony.
A native token piano will provide a stable price pump with a sufficient burning mechanism.
Similarly, we are not trying to replace swaps and exchanges, but rather to add value to our system and create a sustainable environment for people to produce a farm with high returns, and later even more.
The Mozart finance aims to create a token that will be a sustainable long-term defi project.
Mozart Finance, a project planning to go live on the Binance Smart Chain, is proud to present its soon to come token presale after a successful smart contract audit. The audit that ImmuneBytes conducted was the first smart contract for its native token, PIANO.
The audit is proof that the platform greatly values its customers and their funds. As such, it looks at this step as the first among many heralding the community’s trust in its protocol.
The DeFi ecosystem is building a deflationary yield farming ecosystem through a combination of technologies and deflationary mechanisms for the best returns for its users.
It puts to account the constant scams surrounding the DeFi space and, more so, the failure of many young projects to achieve their goals. Consequently, it is putting its best foot forward to develop a sustainable long-term option for DeFi users.
No alt text provided for this image PIANO in Symphony
Based on the DeFi protocol, its major goal is to construct PIANO right into a deflationary token that ‘performs like a symphony.’
Born as a fork of Goose Finance, Mozart Finance hopes to be the following massive factor on BSC, providing many options that customers can exploit to earn totally different rewards. Equally, it’s working in direction of leveraging PIANO as a medium for a secure worth pump with an efficient burning
•Mozart Finance Features•
Mozart Finance leverages the Binance Smart Chain capabilities to accomplish its goal to create a sustainable deflationary DeFi ecosystem. According to its development team, the network will be packed with features that are sure to drive interest as they go live.
•Here are some of the best features announced so far•
•Yield Farming•
The core functionality of Mozart Finance is its yield farming protocols. The developers have announced that the platform will offer multiple pools that will provide top APRs to investors. Yield Farming is a better alternative to trading because it doesn’t require an intensive amount of research. You lock your funds in a YF pool, and you receive rewards based on your level of participation.
•PIANO•
PIANO is the native DeFi and utility token for Mozart Finance. This token is designed to serve multiple purposes within the system. You can farm, play games, participate in IFOs, and a host of other cool profit-earning functionalities using this token. You receive rewards in this token as well. Also, you gain voting rights when you hold PIANO.
•Governance•
Mozart Finance integrates a community governance system to provide users with more control over the platform’s developments. PIANO holders can put forth upgrade proposals and vote on vital issues on the network. Community governance mechanisms are becoming very popular in the DeFi sector because they provide a higher transparency level to users.
•Lottery•
In the coming weeks, Mozart Finance intends to start a lottery. Users will be able to participate in these games simply by holding a certain amount of PIANO. More details are to be released on this feature shortly.
•NFT Support•
Another upcoming feature to be on the lookout for is the network’s NFT support. NFTs are a hot item in the market nowadays, with some selling for millions of dollars. Mozart Finance seeks to provide support for this budding industry within its deflationary ecosystem. Users will be able to trade, collect, and create NFTs using Mozart Finance.
•Decentralized Betting•
Mozart Finance will also venture into the world of decentralized betting. Users will be able to bet on their favorite games and earn tokens win they win. Deflationary betting is another quickly growing sector in the blockchain industry. The decision to provide support for these services could pay off for Mozart Finance.
•Lending•
As part of their inclusive approach to the DeFi market, Mozart Finance intends to support P2P lending protocols. DeFi lending protocols put you in the place of the bank. You can lend out your funds to a lending pool and earn interest for your efforts. Best of all, the protocol is set up in a way that you receive your repayment on time, regardless of if the lender meets their commitments.
•IFO•
One of the most interesting features to both users and other blockchain projects is the network’s Initial Farm Offering options. IFOs are considered more democratic and transparent than ICOs. As such, they have seen quick adoption by DeFi firms over the last few months.
•Benefits of Mozart Finance•
The main benefit Mozart Finance users will enjoy is the deflationary mechanisms that add to the overall stability of the platform. Through a combination of various token burn mechanisms, Mozart Finance hopes to ensure its network’s longevity better.
Specifically, 1% of every transaction gets burned. Also, the network conducts random weekly burns by the current market conditions. Lastly, all unsold presale and starting liquidity tokens are to be burned. This burn strategy will allow Mozart’s developers to retain maximum control over the platform’s native token value, PIANO.
•Higher ROIs•
Another major draw for Mozart Finance is their high APRs. The developers have boasted that these rates will be far and beyond the current industry standards. When coupled with the deflationary tactics the platform seeks to employ, Mozart Finance hopes to provide a profitable alternative to the DeFi community.
•Security•
Mozart Finance recently announced intentions to conduct multiple code audits. The developers have already inked a contract with ImmuneBytes to conduct their first audit. The platform promises to conduct more audits before the start of its presale next week.
•No Rug Pulls•
Keeping in line with the developer’s desire to provide a more transparent yield farming option to the DeFi community, the platform integrates some consumer protections. Primarily, the network has arranged to have its liquidity locked for 8-months after the completion of the pre-sale.
•Cost-Efficient•
Another reason why investors could find Mozart Finance attractive is its lower transaction costs. Since the network relies on the BSC and not Ethereum, it’s not subject to the ridiculously high gas fees found on other popular DeFi platforms. As of late, investors have sought out alternatives in the market to avoid these increasing gas fees.
History of Mozart Finance
Mozart Finance originated as a hard fork from Goose Finance. The platform obtained its unique name because it originates from the same city as the famous composer Mozart. The firm’s pre-sale is set to launch next week. Users can participate using BNB, and early-bird investors receive steep discounts.
•A Brewing Public Presale•
Mozart Finance is making the mandatory preparations earlier than the presale set to start out in March. The protocol submitted three extra contracts for auditing earlier than the launch of its swimming pools and farms. The crew is approximating 5–10 days earlier than ImmuneBytes rounds up the final of the sensible contracts’ audits.
•The challenge is but to launch a particular time and date for the presale•
PIANO has a complete provide of 9,600,000 tokens with a minted provide of 100,000. The protocol plans to distribute :
v 61% of the tokens to its farms
v 30% to the music swimming pools
v 9% to builders.
The already-minted 100,000 tokens will act because the beginning provide:
v 55,000 tokens for the token sale
v 40,000 for liquidity lock
v 5,000 for advertising and marketing.
The presale’s comfortable cap will likely be 800 BNB and the arduous cap at 2000 BNB, with 1 BNB standing for 27.5 PIANO. Customers want a minimal of 0.2 BNB of their wallets to take part within the public presale. Nonetheless, you’ll be able to at all times ramp it as much as the utmost set at 20 BNB.
50% of the BNB raised in the course of the sale will go in direction of liquidity provision for the protocol. 45% will go to the treasury, whereas the remaining 5% will go to the dev pockets. Treasury funds are to help in future buybacks, advertising and marketing and improvement, and the burning of PIANO.
To spice up its deflationary traits, 1% of every transaction will likely be burned. Furthermore, 50% of all charges will likely be used to reward PIANO token holders.
Distribution of 4% fee - Purpose
? 2%: Buyback & burn
? 1%: Liquidity to farms
? 0.75%: Liquidity to pools
? 0.25%: Developers wallet
Roadmap
Urgent priority
Deployment of smart contracts
Unique burn mechanism
AUDIT before launch (Immunebytes)
Liquidity lock
High APR% gains
High priority
Second audit after the launch (in first 2-3 weeks)
Lottery as never seen before
Mozart NFT's
Medium priority
Decentralized betting
IFO (in partnership with other projects)
Fully operational exchange
Lending
Community ideas
For more information about the Project; please visit the official links below:
Official website: https://mozartfinance.io/
Twitter: https://twitter.com/MozartFinance
Telgram ANN: https://t.me/MozartFinanceAnn
Telgram Public group: https://t.me/MozartFinance
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
Telegram Username: @maniecool_XRM
Bep 20 Address: 0xD6dB7AB5afc298155F3D53c14Fa1934e6122f2f2
