NFTs

Moonbird NFT – Everything You Need To Know

1 Mins read

Welcome to bulliscoming media, have you been eager to know more about Moonbird NFT? Search no more as I will be giving you more insight into the details of Moonbird NFT.

What Is Moonbird NFT

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Moonbird NFT is the major digital collectible of the Moonbird NFT project, MoonBird combines yield farming with a community-driven charity in the best possible way. 

It operates in the Binance Smart Chain network, and it’s created to be an everlasting DAO, that keeps a fine balance between all components needed to give to those in need while earning at the same time!

It borrowed the tastiest aspects of Bitcoin’s monetary policy:

  • 21,000,000 maximum supply
  • Halving every 210,000 blocks

And then, combine them with the finest sauce of perfectly balanced token economics.

You can mine MBIRD by staking MBIRD or by providing liquidity and staking MBIRD-BNB LP token!

5% tax is charged when: Buying MBIRD, withdrawing or harvesting MBIRD from staking pool, transfer MBIRD to another address.

Each time an MBIRD is taxed, 1% will be redistributed among holders (reflect), 1% will be burned, 2% will be added as liquidity, and 1% will go to the charity wallet.

If you are not a staking kind of person, you can simply hold it in your wallet to earn from the reflected fee.

Related: Starlight NFT Review – Why You Should Invest In Starlight NFT

Moonbird Token

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MBIRD is the utility token of the Moobird ecosystem that was minted as a Binance Smartchain (BEP20) token, it has a total supply of 21,000,000 MBIRD

Moonbird Tokenomics

MBIRD is a reflect token, with automatic burn, lp acquisition, and charity recollection. Each time a transaction happens a 5% tax is applied:

Automatic Liquidity Rate: 2% of transfer tax will be added to the LP pool and locked

Burn Rate: 1% of transfer tax will be automatically burned.

Reflect Rate: 1% of transfer tax will be redistributed to all existing holders

Charity Rate: 1% of transfer tax will be added to the charity wallet, which will be donated once every 20 days.

Also read: Azuki Nft – Everything You Need To Know

Conclusion

Moonbird NFT is a collection of 8,888 Non-Fungible Moonbirds (NFM) on the BNB Chain.

It has a fair utility due to its DeFi integrationn.

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About author
Samson Olatinwo is a creative content creator, a young fellow that derives passion from creating insightful content about cryptocurrency and blockchain technology. A cryptocurrency analyst, trader & investor. samsonolatinwo3@gmail.com
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