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CoinMarketCap.comMoniBooks(MNBKS) is a DeFi Stake and Yield Farming Platform. It is a decentralized staking platform that provides passive income to its investors by distributing rewards to users according to the amount of token staked and the retention time of the tokens on the staking platform.
In addition, to yield farming strategies via smart contract, MNBKS provides security services for inexperienced users as a DeFi gateway and shows all on Blockchain to users for transparency purposes. MNBKS can be easily integrated with DEX or other platforms for yield farming infra-structure and commission rebates. MNBKS token can be used for staking, farming, fee rewards, voting and governance in the MoniBooks platforms.
Farming: 1% fee from each transaction is distributed amongst all holders. Percentage received by holders is directly proportional to the amount of token held in wallet at the time of reward.
Every holder automatically receives their own share of the fee. Payment is automated- No central party is assigned with distribution. The revenues from stake, unstake and farming transactions are distributed to the stakers and a small part of them is burned. Thus, it aims to increase the passive income it provides to its investors by further reducing the supply.
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