MoonSwap Weekly Report (July 12th to July 18th)

Hello MoonSwap community. Thanks to our collaborative work, the MoonSwap ecosystem has made some milestones during this week.

Development wise, we passed the plan to stake on MoonCake2.0 to obtain consensus NFT, and the final version of consensus NFT has been determined.

Ecosystem wise, ConDragon launches a reward airdrop event;

Community wise, the winners of the MoonSwap promotion event were announced. The winners of the second phase of the MoonSwap NFT weekend carnival were announced. The MoonCake2.0 community voting is underway, and the Shanhaijing card package NFT auction destruction event has also ended.

The final version of consensus NFT has been determined

MoonCake has been running for more than 7 months. At present, more than 3 million $cMOON are staked in MoonCake, and APY is close to 9%.
Now, we plan to upgrade MoonCake to lock in more assets and accelerate the deflationary process of $MOON. At the same time, Consensus NFT will be issued to the first batch of users who enter MoonCake2.0.
Consensus NFT can only be obtained by staking a corresponding amount of $cMOON in MoonCake2.0, a total of 10 different levels, and the total supply is 4631.

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ConDragon launches a reward airdrop event

ConDragon launched a reward airdrop event, fill out the form to receive NFT rewards.

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  1. Winners announced for MoonSwap APP promotion

The most powerful APP in the Conflux ecosystem invites you to come and experience it, with one-click access to mining, trading, NFT and other functions, and you can also quickly experience the Conflux ecological applications such as lending, insurance, and games. MoonSwap APP is accessible on Android and IOS.

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2. MoonSwap NFT weekend carnival ends this week

Congratulations to the friends on the list. Don’t be discouraged for those who are not on the list. Take an active part in the next activities and get rich rewards again.

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3. MoonCake2.0 community voting is in progress

MoonCake has been running for over 7 months. Currently, more than 3 million $cMOON are staked in MoonCake, and APY is close to 9%.

“Deflation” is also an important part of the MoonSwap economic system. $MOON has been burned 8 times, and a total of 1,350,200 $MOON has been burned, accounting for 5.6% of the current total circulation of $MOON. The MoonSwap team is also constantly expanding new scenarios to accelerate the deflation of $MOON.

To this end, we plan to upgrade MoonCake to lock in more assets and accelerate the deflationary process of $MOON.

In MoonCake 2.0, users will enter a 6-month lock-up period after they stake $cMOON. During the lock-up period, you can get back $cMOON at any time, but the withdrawal will be deducted 10% of the principal and income, of which 5% will go to the Staking Vault, and 5% will be destroyed.

At the same time, we will also issue consensus NFTs to the first batch of users who staked $cMOON in MoonCake2.0. Consensus NFTs can only be obtained by staking cMOON in MoonCake2.0, which are divided into 10 different levels, the total supply is 4,631.

We will list several plans and solicit opinions from the community. Eventually, the MoonCake 2.0 plan will be voted on by the community.

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4. Shanhaijing card package NFT auction destruction event has also ended

Thanks to the NFTBOX team for their support to the MoonSwap community. The NFTBOX team donated 5 Shanhaijing card packs NFT for auction at MoonSwap NFT Market. The 637.497$cMOON from this auction has all gone into the Burn Wallet, empowering the MOON ecosystem.

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High speed, 0 GAS fee DEX with @ethereum and @Conflux_Network Now distributing $MOON to LPs Join us:http://discord.gg/qANMYth & http://t.me/moonswap