MJPfi Presale
The MJPfi presale begins tomorrow. Find all the details you need to know about it here.
Why $MJPfi
This is the token behind the MANGOJUULPOD.FINANCE project. It has a burn rate of 15% per transaction, which causes the supply to decrease constantly. This causes the value of one token to increase over time, rewarding those who hold the most.
There are a lot of big plans for the future, including an audit, NFTs, and staking. Furthermore, there will be a customized Uniswap interface, in order to improve the experience when trading MJPfi, because Uniswap is not ideal for deflationary tokens.
Find out more about the project in this Medium article.
When and Where
November 4th 2020 at UTC 18:00
Check when exactly that is in your time zone here.
The presale will take place on bounce.finance. To get the link, make sure you join the Telegram channel, where it will be posted at launch.
How it will Work
It will be listed on bounce.finance at a price of 1 ETH = 10 MJPfi. Bounce does not support deflationary tokens. Therefore, I have deployed a new contract with out the burn function. After the presale, everyone who purchased will get the real token airdropped, accounting for the burn. For example, if you purchase 100, then 117.65 will get airdropped, so that after burn you receive the full amount.
MJPfi contract: 0x30433ca717058fE1a6d01B2F5444B883dF7159dF
Presale token contract: 0xd7a1d2bf513f35f3016ddb5c6f73dd26ec21cbbb
Hard and Soft Cap
The soft cap will be 50 ETH. This is because it will allow us to have a good amount of liquidity when we list on Uniswap, as 60% of the presale goes towards this. The remaining 20 ETH will be used for future developments. This includes the audit and NFTs, which we are both already in talks for. In addition to this, we will be able to run competitions with ETH.
The hard cap will be 200 ETH. There will be no need to go any higher than this. After adding liquidity, there will be 80 ETH, which is enough to push this project to the highest level possible, with many, many interesting developments that have not even been announced yet.
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