
MDB Plus priceMDB+
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Total supply
- 0 MDB+
- Self-reported circulating supply
- 382.72K MDB+
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About MDB Plus
Launched in May 2022, by a UK based team, MDB+ is fundamentally a stable token and farming mechanism blended into one. By just holding the tokens in your wallet, you will see the dollar value of those tokens increase.
MDB+ is 100% backed by BUSD and cannot depreciate, a small tax is paid on buys and sells (0.75% in and 0.25% out) which goes into the liquidity pool, ensuring an ever-growing backing, with tokens burned by the contract upon sale. This ensures the value of BUSD vs MDB+ tokens in circulation can only increase. The liquidity pool is 100% backed by BUSD ensuring that the price can never go down.
We expect an APY of double digits comfortably, although it is volume dependent and so the ROI is not a set number for this reason.
If you're looking for a stable token to store your funds, whilst growing in value, MDB+ offers a solution.
It is an addition to our already thriving ecosystem, and complementary to our other token. They work together to support and build value for holders.