Weekly Auctions
The first protocol to implement a lucrative weekly auction system.
What are weekly auctions?
Entering weekly auctions with $BUSD on the 'Auction' section within our dApp is the primary way to obtain $dMOUNT tokens. New $dMOUNT tokens will be minted with every auction, starting with 3M tokens on day 1, and decreasing by 3% with each following auction. $dMOUNT tokens are distributed to participants at the end of each auction, based on the final $dMOUNT per 1 $BUSD ratio.
Good to know! 55% of the $BUSD that enters weekly auctions will go directly into the Dividends Pool. The remaining 45% goes into the Treasury, Marketing, Development, and Lottery.
Last updated