6️⃣MP Dual Currency Pledge + Lending(MP双币质押+借贷)

Now there are more than 60,000 locked MP holding addresses. In order to accelerate the unlocking of locked MP and promote the active MP ecosystem, MP has launched dual-currency pledge and MP loan services.

Mainly targeted at:

Project parties cooperating with MP.

Introduction to rules:

If you purchase N new MPs, you can get a loan quota of N MPs, but the quota is not activated. You need to pledge the tokens cooperating with MP to activate the borrowed MP. The borrowed MP cannot be transferred or traded. It can only be pledged when staking MP.

Example:

Address A purchases 100 MPs and can get an unactivated loan quota of 100 MPs, but the loan quota of these 100 MPs needs to be activated by staking the tokens of the project party cooperating with MP, such as Babymove, STTZ, TRUMP, Whale, GTST520, etc.

Assuming that the current price of MP is 3USDT and the price of BabyMove is 0.003USDT, staking 1,000 Babymove (the staking period is determined by Babymove) can activate the unactivated loan quota of 1 MP.

If address A has pledged 50,000 Babymove, it can activate the unactivated loan quota of 50 MPs.

Address A now pledges 100 MPs to pledge and unlock MP, and can use the 50 activated MPs to pledge and unlock at the same time. According to the MP pledge unlocking rules, the original 100 MPs can only unlock 10 locked MPs, and now address A can unlock 15 locked MPs.

After the pledge is completed, the borrowed MP will immediately return to the official address of MP, and the quota of these 50 activated MPs will become 0, and it will not be possible to borrow again if pledged again. However, because address A still has 50 MPs of unactivated loan quota, address A needs to pledge the tokens cooperating with MP again to activate the remaining 50 MPs. After activating the borrowed MP, dual-currency pledge can be performed normally.

If you need to increase the loan quota of MP, you need to purchase MP again.

According to the current 60,000 addresses, calculation:

• An average of 10 MPs per address will bring a purchase volume of 600,000 MPs.

• An average of 50 MPs per address will bring a purchase volume of 3 million MPs.

• An average of 100 MPs per address will bring a purchase volume of 6 million MPs.

There are currently 1.3 million MPs in circulation, and the LP pool of MP in Pancake is 180,000 MPs + 50 USDT, which will bring huge trading volume to MP.

Question 1: Will other communities cooperate?

After purchasing MP, users will get the unactivated loan quota of MP, which needs to be activated by staking the cooperative tokens. The duration of staking is determined by the cooperating project party, which can lock the tokens of the cooperating project party, which is conducive to the increase of the token price of the cooperating project party. I believe they are very willing to cooperate.

Question 2: If I am just an MP user, do I have to buy other community cooperative tokens if I want to pledge dual currencies?

MP is an open platform with a huge traffic pool. It must be a win-win for all project parties to cooperate with MP. MP users may purchase tokens of other communities, and users of other communities may also purchase MP tokens.

Question 3: If I buy MP and sell it immediately, is it also considered an effective purchase?

Of course it is considered an effective purchase of MP, because the slippage of MP selling is 10%, and the release rule of staking is also 10%. So there is no income. For example, if address A buys 100 MPs and immediately sells 100 MPs, although address A has obtained a loan quota of 100 MPs, address A has already contributed 10 MPs to the MP LP pool when selling. Address A actually only holds 90 MPs. Address A uses 100 MPs for dual-currency pledge lending, releasing 20 MPs, minus the 10 MPs lost due to selling slippage, and address A actually only gets 10 MPs. Users who directly pledge MPs with a single currency also get 10 MPs. Therefore, this operation will not bring additional income to users.

Question 4: If I hold MPs, can I sell them first and then buy them back to brush the loan quota of MPs?

Of course, you can, but you will lose money.

For example, address A has 4,000 MPs. After address A sells them, due to the 10% slippage of selling MPs, if you buy them again, address A can actually only buy 3,600 MPs. Address A uses 3600 MPs for dual-currency staking, and actually unlocks 720 MPs. However, since 400 MPs have been contributed to the MP LP pool when it was sold before, the actual address A only gets 320 MPs. Users who directly use 4000 MPs for single-currency staking also get 400 MPs. Dual-currency staking through selling and then buying will only get 320 MPs, so this operation will not bring additional income to users, and will result in losses.

Question 5: What is the loan limit for the project party cooperating with MP?

MP will increase or decrease the loan limit of each project party in real time based on the progress of the cooperation and the daily activity of the cooperating community, etc., and the specific details will be subject to the actual online.

现在MP的锁仓持有地址已经超过6万个，为了加速锁仓MP的解锁，促进MP生态活跃，MP推出双币质押和MP借贷服务。

主要针对对象：

与MP合作的项目方。

规则介绍：

新购入N 个 MP，就可以获得N个MP的借贷额度，但是额度是没有激活的，需要质押与MP合作的代币才能激活借贷的MP，借贷的MP无法转账，也无法交易，只能在质押MP的时候进行质押。

举例：

A 地址购买100个MP，就可以获得100个MP的未激活的借贷额度，但是这100个MP的借贷额度需要质押和MP合作的项目方代币才能激活，比如Babymove，STTZ，TRUMP，Whale，GTST520等等。

假设MP现在的价格为 3USDT，BabyMove的价格为0.003USDT，质押1000个Babymove（质押周期 由Babymove决定）即可激活1个MP未激活的借贷额度

如果A地址质押了5万个Babymove，即可激活50个MP的未激活的借贷额度。 A地址现在质押100个MP去质押解锁MP，就可以同时使用已经激活的50个MP一起质押解锁。 按照MP质押解锁规则，原本100个MP只能解锁10个锁仓的MP，现在A地址可以解锁15个锁仓的MP。 质押完成后，借贷的MP立刻回到MP官方地址，同时这50个已经激活的MP的额度将变成0，再次质押将无法借贷。 但是，因为A地址还有50个MP的未激活的借贷额度，A地址需要再次质押与MP合作的代币才能激活剩下的50个MP，激活借贷的MP以后，就可以正常进行双币质押。

如果需要增加MP的借贷额度，就需要再次购入MP。

按照现在6万个地址进行计算：

• 平均每个地址10个MP，将带来60万个MP的买入量。

• 平均每个地址50个MP，将带来300万个MP的买入量。

• 平均每个地址100个MP，将带来600万个MP的买入量。

目前流通的MP是130万个，MP在Pancake的LP池子是 18万MP+50USDT，这将会给MP带来巨大的交易量。

疑问1：别的社区会来合作吗？

用户购入MP以后，获得的是MP未激活的借贷额度，需要质押合作的代币才能激活，质押多久由合作的项目方决定，能让合作的项目方代币进行锁仓，利于合作的项目方代币价格上涨，相信他们非常愿意合作。

疑问2：如果我只是MP的用户，想双币质押是否必须购入别社区合作代币。

MP是一个开放的平台，巨大的流量池，所有项目方与MP合作一定是双赢的，MP的用户可能购入别的社区代币，别的社区的用户也可能购入MP代币。

疑问3：我买入MP，马上卖出MP也算效买入吗？

当然算MP的有效买入，因为MP卖出的滑点是10%，质押的释放规则也是10%。所以没有任何收益。

比如A地址买入100个MP，马上又卖掉100个MP，A地址虽然获得了100个MP的借贷额度，但是A地址卖出的时候已经向MP的LP池子贡献10个MP，A地址实际只持有90个MP，A地址使用100个MP进行双币质押借贷，释放出来20个MP，减去卖出滑点损失的10个MP，实际A地址也只获得10个MP。用户直接进行MP的单币质押也是获得10 个MP。所以这个操作不会给用户带来额外的收入。

疑问4：我持有MP，可以先卖出，再买入，刷MP的借贷额度吗？

当然可以，但是你会亏损。

比如A地址有4000个MP，A地址卖出以后，由于MP卖出有10%滑点，再次买入，其实A地址只能买入3600个MP。A地址使用3600个MP进行双币质押，实际解锁获得720个MP，但是由于之前卖出的时候已经向MP的LP池子贡献400个MP，实际A地址只获得320个MP。用户直接使用4000个MP进行单币质押也是获得400个MP。通过卖出再买入的操作进行双币质押只会获得320个MP， 所以这个操作不会给用户带来额外的收入，而且会亏损。

疑问5：与MP合作的项目方，借贷额度是多少。

MP会根据合作的进展，和合作的社区日活等信息，实时增加或者减少每个项目方的借贷额度，具体以实际上线为准。