Tuesday, June 7, 2022

Mac&Cheese(XVMC) Governance(DAO) Is now LIVE!

TLDR: Blockchain CD, decentralized, governance(DAO), + meme tokens + (stakeable) NFTs + (stakeable) virtual land. All community owned, no VCs,... you are "the first" to get in!
Check the pictures at the bottom if you don't bother reading.

Mac&Cheese started more than a year ago and is one of the oldest Polygon projects. The main motivation was the fact that everything else was so bad. Most projects are either blatant scams, rug pulls, have incompetent owners, are centralized or have misaligned incentives and poor design(designed to fail).

Bitcoin was literally made to replace the FIAT currency. It is decentralized by design and removes the need for trusted third parties(banks). Bitcoin has appreciated more than x1,000,000 in 12 years(yes, a MILLION X, from 0.05$ to more than $50,000!). The whole point of crypto is that a small amount can turn into something big. Bitcoin has appreciated x1M and Ethereum around x30,000 from the very bottom. Such returns are possible and have happened!

So why are you risking your life savings in some pickleFinance farm run by anonymous dev to get some miserable single-digit APY? What's wrong with you? Stop this non-sense, get some help. What's up with all those games as well. This has nothing to do with crypto.

XVMC is designed to create the same opportunity to that of btc and eth. It's designed to be highly risky and volatile. Those features can bring the potential for enormous returns.
Bitcoin acts as a store of value, XVMC is a blockchain certificate of deposit. Time deposits are the biggest market in the world and the addressable market is up to 10x larger than that of Bitcoin(store of value).
The longer you lock your tokens for, the higher APY you earn and more voting power you possess.

The locked stakers govern the protocol. It can be updated in a decentralized manner without trusted third parties. You can also delegate your vote etc,...

The genesis wallet("founder share") is about 15%, but most of the tokens(more than 95%) are locked for more than 4 years. 10% of the supply was airdropped to 25,000+participants, 30% was given to 2500+ crypto holders(220m$+ commited) and 40% was given to contributors.

The governance(DAO) contains a trustless process through which the users can schedule token burns, reward boost events, manage roll-over bonuses, control treasury wallet, governor tax and much more.

On the DAO panel you can see who is voting/proposing. You can basically check their "reputation" in the network. How much tokens they hold and how much of it is staked and where(for how long).

Keep in mind that the process is designed to be trustless. Most projects have a "snapshot" website where you vote with tokens and then nothing happens, unless the dev makes the change. We are not like that. You vote, the change is enforced into the system. You become the bank. The users act as integrated oracles that regulate the entire system.

The core of the system is the Blockchain CD. To fulfill the hype, there are also meme tokens and full NFT support. The ideas is that the treasury wallet holds the meme tokens and NFTs.... And thus by buying the XVMC token, you get the free exposure to NFTs and meme tokens without any additional risk.
You have it all under one hood.

The system also supports NFT staking. There are currently no NFTs, however the proccess for adding them and making them stakeable is extremely simple. A list is submitted, and if approved by voters, the NFTs can be staked. Additionally the allocation for the NFT rewards must also be set. All can be managed through the DAO dashboard panel.
The idea is to launch the "virtual land" NFTs, where the governing contract collects the procceeds from the sale and the treasury wallet receives some of the NFTs, and then in "exchange" those NFTs can be staked to earn token rewards. The NFTs DO NOT exist at this point, however the system for staking them DOES.

It really is an all-inclusive cryptocurrency ecosystem... There are so many more features that i don't have the time to delve in. When a certain threshold of tokens is collected in the governing contract, reward boost can be triggered, during which you have a period of boosted APYs. When the event ends, the collected tokens are burned and the global inflation of the system is reduced.
This is how we keep base inflation low, with occasional APY boosts events.

Pretty much all of the "team" tokens are locked for 4+years. It's made to be fully decentralized and has been audited.
It took A LOT of effort to build and launch. For the first 3 days there is a "backdoor" built into the system where a single entity can bypass the governance process(and could in theory rug, but then why would i be telling you about it...)... This has been left in case there was a quick modification(fix) needed after the launch, as it was quite complicated. We've been there for more than a year, ain't nobody rugging in those 3 days.

It really is INCREDIBLY good. Probably beyond the comprehension for most of you.
The easiest to understand is by analogy, so check out the pictures at the bottom

Also keep in mind that we started at incredibly low valuation(100k marketcap). It allows the less fortunate to accumulate at best price. For someone from the third world, turning 100$ into 10K$ can be life-changing. You are NOT supposed to be able to buy large quantities at current valuation.

It's made to appreciate QUICKLY and the price could run up super fast. The liquidity is extremely low and there is very little tokens available at these prices(most tokens are staked!). You should get in ASAP. If you want more liquidity, there is a fixed-swap on the website where you can buy at 5M$(50k$ tokens available) valuation and 10m$ valuation(200k$ tokens available). The funds from the sale go DIRECTLY into the treasury wallet. Those funds are planned to be added to liquidity. (fixed swap: https://dao.macncheese.app/buy-XVMC-bulk-OTC-purchase.php )

ALSO, because some people dislike the mac&Cheese brand, we have added the ability in the token contract for the name and symbol to be fully changeable. Rebrand can be done easily(2 lines of code, BUT 80% agreement required amongst the stakers). Everything is fully dynamic.

Everyone is focused on marketing, selling vaporware, meanwhile we've instead built a superior product first, that surpasses competition by every metric.
Fully decentralized, trustless interest, trustless on-chain governance, reward boost events, token burns, unmatched staking features, treasury wallet control, NFT staking, decentralized integrated oracles... There is nothing better in existence.

Website: macncheese.finance
Governance(DAO): dao.macncheese.app
Staking: stake.macncheese.app
All features: https://macncheese.finance/XVMC-features.php
Audit: macncheese.finance/audit

Current price(8th June): $0.000000108
Price chart: https://dao.macncheese.app/mac-and-cheese-XVMC-price-chart.php
(Note that we've just launched new token, which is basically just a 1:1000 split)

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