Moonbirds is a cryptocurrency project built on the Ethereum blockchain that focuses on creating an ecosystem of incentivization for people to participate in decentralized finance (DeFi) products and services. The project was founded by five international entrepreneurs with backgrounds in technology, finance, and the gaming industry.
The main goal of Moonbirds is to make DeFi more accessible and rewarding for users while promoting sustainability. To do this, they are leveraging their innovative tokenomics model which provides rewards to users who hold their native Moonbird tokens (MOON). These rewards come from staking fees collected from other projects in the DeFi space as well as gas fees generated through transactions that occur within their own platform.
Users can earn MOON tokens by participating in various activities such as providing liquidity to different pools or using lending protocols like Aave or Compound Finance. MOON tokens also serve as collateral when borrowing against other cryptocurrencies such as ETH or DAI which can be used for trading purposes, investments, payments etc.. Additionally, users can stake their MOON tokens to generate even more rewards over time – these include yield farming opportunities from partner platforms alongside passive income streams from transaction fees earned by performing trades on decentralized exchanges (DEXs).
Moreover, Moonbirds allows holders of its ERC-20 token (MOON)to access a variety of benefits including discounted transaction fees when interacting with certain dApps connected with the network; preferential access and discounts to upcoming events; early access/discounts for new features & products; exclusive voting rights concerning protocol decisions & updates; special merchant deals & offers; plus many others! With all these possible advantages combined together it’s no wonder why so many people have chosen this platform since its launch date back in 2020!
