DeFi, aka Decentralised Finance, has been a big revolution in the blockchain and cryptocurrency industry. It’s the rise of the DeFi space, which has given birth to various components, including decentralized exchanges (DEXs), trading platforms, stablecoins, yield farming, liquidity mining, and many more.
Now when it comes to mining, cryptocurrency mining has resulted in environmental degradation to a very great extent. According to reports from the White House, ‘cryptocurrency mining accounts for 140 million metric tons of CO2 per year released into the atmosphere, or 0.3% of all global greenhouse gas emissions.’
Though the rise of DeFi and blockchain space has been unfathomable, however, the environmental impact which crypto mining is causing has become a matter of concern. MOOKY is one such DeFi token introduced by the Mooky platform and its team of developers to better the environment and inspire change.
What is Mooky?
Mooky is a community DeFi token built to protect the environment along with transferring wealth into the internal ecosystem. As a community token, Mooky holds a very large niche which results in generating wealth for both the community holders and the charity it funds.
The token is designed based on blockchain to expand its benefits which the former has on the outer world. Talking of Mooky, it’s a monkey that works with the motto of “Protector of Nature.” These monkeys are found in Pygmy, a land in the West that has been abandoned by humanity for decades.
In the same land, some settlers were not taking care of the huge vegetation, the blissful nature, and the great life that the land provided to them. Over the last hundred years, animals including monkeys were slowly dying off as mother nature has completely abandoned Pygmy.
Then the monkeys decided to step up and fight back with love, respect, and nurturing toward the settlers. To do the same they chose a smart intelligent and strong leader – MOOKY. This is how the MOOKY as a DeFi-based platform and a community token came into existence.
$MOOKY and its tokenomics
Mooky works with the vision to keep users at ease while trading the $MOOKY token. The token is a 0% tax token, which will allow users to not have any slippage requirements when buying or selling.
As a community token, $MOOKY offers low tax to the users who are dealing with this token. The liquidity of the token has been designed in a way that it will be locked for 2 years. Additionally, the former doesn’t have the concept of team tokens or VC/private sales which makes it stand out from the other DeFi platform.
There is a total supply of 500 Billion $MOOKY tokens, wherein 70% is for the presale. Additionally, 20% is set aside for listings and 5% is kept for Cex/Staking. Lastly, 3% of the token is meant for charity, and 2% is kept aside for the reserves.
The 0% tax on buying and selling has been the highlight of the $MOOKY token. If you are interested to buy the $MOOKY token, click here.
The ongoing presale
MOOKY is the ultimate meme coin platform, and it couldn’t be easier for users to get their hands on the token in the presale. With contract code fully audited by SpyWolfNetwork, the platform is and the meme token is 100% secure.
To ensure anti-rug and complete project security, the team is fully verified by Solidproof to add credibility. Users can directly buy using USDT, ETH, or BNB. Once the public sale comes to an end, users can claim their purchased MOOKY using the claim page.
At present, Mooky is going through the STAGE 7 presale. In the presale, 1 USDT is equal to 193798 MOOKY. There are approximate, 14.00B MOOKY remaining at the moment. Additionally, the USDT raised till now is equal to $663321/770500.
To join the presale, click here.
Guidelines to buy the token
The easy-to-use trading platform of Mooky makes it easier for users who are a part of the ecosystem to buy and sell the token. The user just needs to follow quick and simple steps, and they are good to go:
1. To start with, users need to have a Metamask wallet installed on their browser. One can also use one of the wallets supported by Wallet Connect (recommendations: Trust Wallet). Purchasing on a desktop browser provides a smoother purchasing experience, and for the same Metamask is the best. For mobile users, Trust Wallet and connecting through the built-in browser is the best solution.
2. Once users have their preferred wallet read, they can click “Connect Wallet” and select the appropriate option. For mobile wallet apps, one has to select “Wallet Connect”, and that will lead you to 3 options:
– Buy ETH or BNB with a card
Users have to visit https://www.moonpay.com/buy which will allow them to purchase ETH or BNB that will be sent to their wallet. Users can then use this ETH or BNB to purchase Mooky. Visit https://www.moonpay.com/buy to begin and follow the on-screen steps. It’s best to purchase a minimum of $20 worth of ETH or $5 worth of BNB to cover the minimum Mooky purchase.
– Buy MOOKY with ETH or BNB
With sufficient ETH or BNB in the wallet, users can now swap their ETH or BNB for Mooky. Once users have typed the amount of Mooky they wish to purchase ($15 minimum) they can then click “Buy with ETH” or “Buy with BNB”. The wallet provider will confirm the transaction and flash the gas cost.
– Buy MOOKY with USDT
Users should have at least $20 of USDT in their wallet before commencing the transaction. Users can type in the amount of Mooky ($15 minimum) and then click “Convert USDT”. Post that they will be asked to approve the purchase twice. The first approval is for the USDT contract and the second is for the transaction amount. To complete the transaction users need to ensure that they have gone through both approval steps.
3. Once the presale has concluded, users can claim their MOOKY tokens. The team will release details closer to the time, however, users can visit the main site https://mooky.io/ and click on the orange ‘claim’ button.
Final word
One of the driving forces behind the DeFi space is its potential for creating a more inclusive financial ecosystem. However, it is important to note that the DeFi space also presents unique challenges. Security, regulatory compliance, and smart contract vulnerabilities are critical factors that require constant attention and innovation.
Mooky is one of the platforms that has been a revolutionary platform in the DeFi space. It has overcome all the DeFi challenges and continues to grow rapidly, attracting developers, investors, and users who are excited about the potential for transforming traditional financial systems.
To know more about the Mooky platform, visit the official website.
Disclaimer: This is a paid post and should not be treated as news/advice.
