Mac&Cheese to USD Chart
What is Mac&Cheese?
The main question when creating Mac&Cheese was, how to create something
that would go up in value?
The price of any asset is solely determined by it's buyers and sellers. In
order to remove potential sellers from the market, users must lock up
their funds for a pre-determined period of time in order to earn staking rewards.
The longer the lock-up period, the higher rewards they will earn.
Turns out a similar concept is being used by the banks worldwide and is called
a certificate of deposit or time deposit. It is the biggest money market in
entire world, worth more than store of value(gold, bitcoin) and all payment
methods combined.
The system is made to be entirely decentralized, without any one party having control.
This is the main reason why cryptocurrencies were invented to begin with: to eliminate
trusted third parties and replace them with algorithms working in the favor of token holders.
System(inflation, rewards, bonuses, fees,...) are regulated by users. The stakers create
the consensus system - a way of upgrading the protocol in a decentralized manner.
Mac&Cheese is exactly what most people are looking for - a system designed to work in their favor,
a passive approach that earns yield and gives you exposure to cryptocurrencies - the highest appreciating assets
in the history.
Imagine getting in early on a project and benefiting from the x10,000 returns that cryptocurrencies are so famous for.
The potential is enormous, however keep in mind: withour risk, there is no reward. There are significant risks involved,
the price is likely to be highly volatile and could go to 0.
Timeline
Launched | 22 Jun 2021 |
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Added | 10 Nov 2021 |