Tokens

mUSD Token

Contract: 0xA4d6D335DE1CB6EB952F1cbb223F70FEDBE9cc33
The built-in stability mechanisms within the protocol aim to maintain mUSD's peg of 1 mUSD = 1 BUSD in the long run.
Note that mUSD actively pegs via an algorithm, but that does not mean it will be valued at 1 mUSD to 1 BUSD at all times as it is not collateralized. mUSD is not to be confused for a crypto or fiat-backed stablecoin.

mPOWER Token

Contract: 0x12a6a1350fFFe39a2888866259921aa4Ac18a0C7
mPOWER is the governance token of mUSD Protocol.

mSHARE Token

Contract: 0x5F28799671A1534e6CC855bfcD1f4baC6491C450
Moneyrain Shares (mSHARE) are one of the ways to measure the value of the Moneyrain Finance Protocol and shareholder trust in its ability to consistently maintain mUSD close to peg.
mSHARE has a maximum total supply of 55,001 tokens distributed as follows:
  1. 1.
    Team Allocation: 5,500 mSHARE vested linearly over 12 months
  2. 2.
    Rewards: 50,000 mSHARE are allocated for incentivizing liquidity providers in 4 farming pools for 12 months
  3. 3.
    Initial mint: 1 mSHARE minted upon contract creation for the initial pool

mBOND Token

Contract: 0x9354e07c24c6b15685Fe463c2bF32966BA2C805f
The main purpose of Moneyrain Bonds (mBOND) is to help incentivize fluctuations in the mUSD supply during epoch contraction periods. When the TWAP (time-weighted average price) of mUSD falls below 1 to 1 BUSD, mBONDs are issued and can be bought with mUSD at the current price.
All mBOND holders will be able to redeem their mBOND for mUSD tokens as long as the treasury has a positive mUSD balance, which typically happens when the protocol is in epoch expansion periods.