Name: MDB - Make Defi Better. Defi is not dead! Interview with the Godfather - One of my Top 10 Projects
Uploaded: 2022-08-29T18:46:37+00:00
Duration: 26 min 27 s
Description: Today I am walking through the project MDB (Make Defi Better). MDB is a robust ecosystem with a great team behind it. What’s in the ecosystem? MDB - MDB is the main token in the ecosystem. There is a

3 years ago

Today I am walking through the project MDB (Make Defi Better).

MDB is a robust ecosystem with a great team behind it.

What’s in the ecosystem?

MDB - MDB is the main token in the ecosystem. There is a 10% buy tax and a 15% sell tax that goes into the Trust Fund to invest and buy back MDB tokens.

MDB+ - A stable coin backed 100% by BUSD that has a small buy/sell tax that provides extra liquidity for the token. What that results in is a stable coin that can’t go below 1 BUSD that has a small APY on top of it.

Phoenix+ - A stable coin that has a higher buy/sell tax than MDB+ with a higher potential APY. Phoenix+ also has an even called the “inferno” where random wallets are forced to sell (with the 2% tax) every so often to keep the APY high. This should be considered a gamified version of MDB+

Infinity - A new addition to the MDB ecosystem. Basically a higher risk/reward version of MDB

MDB Website: https://www.mdb.fund/

Telegram: https://t.me/makedefibetter

Discord: https://discord.com/invite/makedefibetter

Twitter: https://twitter.com/MDB_DeFi

My Top Projects: https://docs.google.com/spreadsheets/d/10RqsDMXQmwyIUnwfUiHFGnjDkMaU2_9bdF5LF9bWyOc/edit?usp=sharing

0:00 - Introduction
0:41 - The MDB Token
2:26 - Why has MDB done well while a lot of the “investment” protocols have done poorly?
4:10 - The other tokens in the MDB ecosystem
7:07 - The Gravity Project
8:50 -Where did the idea for MDB come from?
11:34 -Why has MDB succeeded where so many other protocols have failed?
14:49 - How is our APR in Xenia calculated?
15:43 - Can you explain the whole MDB ecosystem?
19:13 -Could you talk about the Gravity project?
20:36 - What’s on the roadmap that you’re excited about?
22:21 - What is Infinity?
23:01 - How do get started with MDB
25:39 -Where MDB fits in my top projects