Mad Dog Car Club
Optional Non-Custodial Staking Partnerships
Last updated
Optional Non-Custodial Staking Partnerships
Last updated
This is a completely optional staking collaboration please always remember to do your own research! Information: Since our supply is fixed at 21 million Token, the partnership supply will allow all projects to earn 210,000 MD token per project. The Token distribution rate will reduce through halving every 6 months, same goes for MDCC's holders. Every 3-6 months there will be a DAO vote for which the top projects pushed out with V2 of MD Token should stay in the Ecosystem. This means that after 3-6 months there is a chance your project won't be able to earn MD tokens if you are voted out by the DAO and be replaced by newer projects that have been voted in. What the KWIC community will be able to do: - Non-Custodial Staking on our platform to earn MD Tokens - See all the assets they own of our partners and MDCC. Benefits of earning MD Tokens: - Governance: Holders of MD Token will be able to create proposals and vote via DAOs. Each Vote will be 1:1. Therefore if a member owns 100 tokens, they have 100 votes. The more the merrier. - Access to DAO treasury and community led ecosystem. - You do not have to hold any MDCC assets in order to accumulate tokens. - The MD Racing game is in the development phase and members of your community will be able to use these tokens as an entry fee in order to play the p2e game. - We expect to launch a marketplace by the end of Q4 which MD Token will be accepted and can have your collection also be available to be purchased with the token. - We also expect to create a liquidity pool to create value on top of the token in the upcoming months. Stay tuned. - You will be promoted on our V2 Website!
How to stake: 1. Go to website https://mdtoken.io/. 2. Connect your wallet at the top right corner of the website. 3. Click on the âAccumulateâ tab on centre top which will take you to the Accumulate Rewards page. 4. Scroll down to the âAccumulate Rewardsâ button and click it, you will be redirected to a wallet pop up and the transaction must be signed in order to begin accumulating. 5. Once clicked and If the transaction is successful, you will see the button âConnect Your Walletâ switch to âMy Walletâ on the top right corner. 6. Under the âMy Walletâ tab you will see information from âTotal Accumulatedâ and âTotal MD Tokensâ along with all the NFTs that are supported by V2. - If an asset is earning, there will be a green light next to asset # - If an asset is not earning, there will be a red light next to asset # 7. On the right side of the âMy Walletâ title, there is a âRefresh Buttonâ which is for users who want to start accumulating on their new NFTs. Please sign the transaction in order to begin accumulating for the newer assets. 8. Lastly, once users want to collect their rewards, the user will need to go to the âCollect Rewardsâ page and click âCollect Rewardsâ, after signing the transaction, wait a moment for all collected rewards to be sent to your wallet. MD Support: 1. Join MD Token Discord to get your MD Holder role and join the MD Community! 2. if there is any problem, please open a ticket in MD Token MDtoken discord: https://discord.gg/N9wsnSrGhE
Official Link: https://mdtoken.io/