Bibox DeFi Innovation Board will list MoonMoon (MOONMOON) on 4/29/2021.
In order to facilitate user transactions, MOONMOON deposited to Bibox will be automatically converted into mMOONMOON (1mMOONMOON = 1,000,000MOONMOON).The platform will convert it into actual quantity according to this algorithm when withdrawing.Bibox does not support the token contract dividend mechanism for the time being.
【Bibox's instructions on MOONMOON contract mechanism processing】
According to MOONMOON's contract mechanism (https://www.moonmoon.cash/), users need to pay a 8.4% fee to the token contract every time they transfer money on the chain.Therefore, Bibox has the following rules for MOONMOON deposit/withdrawal processing:
Deposit：Bibox deposit requires payment of 8.4% of the token contract fee.That is, the user successfully deposit to Bibox, the actual amount received = transfer amount-contract fee.
Withdrawal：According to MOONMOON’s contract mechanism, Bibox charges a 8.4% Bibox collection fee for each withdrawal; The actual remitted amount of withdrawal = user's MOONMOON withdrawal amount-Bibox collection fee-token contract mechanism fee.
*BSC transfer fees will be normally deducted from the actual token withdrawal amount.
For details of the token contract mechanism, please contact MOONMOON official.
I. Listing Time
4/29/2021 18:00 (UTC+8), deposit and withdrawal functions will be enabled.
4/29/2021 20:00 (UTC+8), mMOONMOON/USDT trading pair and Grid Trading will be enabled.
II. Token Information
Moonmoon harnesses the power of cute memes to increase project visibility and deliver value to token holders. Each transaction redistributes tokens to holders and adds liquidity to the main liquidity pool. Token holders will be able to participate in Moonstarter, the premier IDO launchpad for BSC projects.
Like Safemoon, but without the chance of a rug! Moonmoon is designed to pump for the entire community. Liquidity is locked so MoonMoon is rug proof and funds are safu,Every transaction is taxed 8.40% where 4.20% goes to liquidity and 4.20% gets distributed to holders according to their stake.
Please be aware that crypto market price is volatile upon listing. Please trade cautiously after evaluating the market carefully.
III. Related Links
Block Explorer (BSC): Click for Detail
Fees: Click for Detail
Cryptocurrency investments are risky. Please make investments wisely according to your own risk tolerance.
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