monster-slayer-finance logo download PNG or SVG

Information about monster-slayer-finance

Monster Slayer Finance is a cryptocurrency developed by a team specializing in game finance. It serves as the foundational element for their upcoming NFT game, which operates in a completely decentralized and transparent manner. This innovative NFT game incorporates a stablecoin and leverages the incredibly fast Binance Smart Chain, all at a minimal cost. There are three tokens associated with Monster Slayer Finance: Monster Slayer Cash (MSC), Monster Slayer Share (MSS), and Monster Slayer Bond (MSB). MSC tokens are intended to be used as a means of exchange. The protocol includes a stability mechanism that automatically adjusts the MSC supply to maintain its value in relation to 1 $BUSD token. When the time-weighted average price (TWAP) of MSC rises above the 1 $BUSD peg, more MSC tokens are minted, which helps to lower the price of MSC (back to $1) and distributes them proportionally to MSS holders who have staked their tokens in the boardroom. MSS holders possess voting rights and can propose enhancements to the protocol.

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