Published the first batch of #NFT from the pack called #BeModic, which was created by the MODIC/MLT team!

https://nft.modic.fund In total 54 cards will be released at the price of 1000 $MLT each!

“Big names in Cryptocurrency” was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

🛒MODIC #NFT Marketplace is fully functioning now!

✨You can add your works and after moderation they will become available for sale or auction, as you wish.

🎨After some time the first part of the NFT pack from the project team will be available!

https://nft.modic.fund/

NFT Marketplace Launch! was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

Modern Liquidity Token price today, MLT live marketcap, chart, and info | CoinMarketCap

$MLT has finally been added to the CMC! was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

https://graviex.net/markets/modicbtc https://graviex.net/markets/modiceth https://graviex.net/markets/modicusdt

PS. I want to note that Ethereum and USDT pairs have been added for the first time, therefore the choice for trading has been significantly expanded now!

$MODIC new exchange listing was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

The invite bounty campaign has been launched! Stay with us and earn up to 1800 USDT !

Invite your friends and teammates! let’s say together: MODIC project will be very successful!!!

Join the MODIC community: https://discord.gg/pyZDZdEW8j

Rules:

• At least 50 invites required to participate and get paid. Participants less than 50 invites will not be counted.
• Be in the top 10 inviters to be rewarded.
• Fake inviters will be disqualified + banned from the server and so will be there fake INVITES !
• Invite campaign starts on 24 may and ends on 24 june.
• Rewards will be paid jul 1.

TOP 10 Invite rewards:

Discord Invitation Bounty was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

Our second bounty Discord Activity campaign named “The richest people in cryptocurrency“ is starting!
Participate with pleasure, get rewards and don’t forget about the rules!

Join the $MODIC community: https://discord.gg/q8wggDx26R

Rank-based payments

Discord Activity Bounty started was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

Recently, the number of users of our investment platform has increased significantly and we began to receive multiple requests to change the type of authorization, we decided to accommodate our users and did it. From now on, you no longer need a phone to use the MODICE gate or make an investment, you just need an email or an account in a supported messenger.

All current users need to migrate their account, we explain how to do this.

If you are already logged in, then refresh the page and click on the “Add e-mail” button

If not then follow this instruction:

After this step, you will receive two verification codes, enter them and you will be automatically logged into your new account. All your balances and investments will be automatically transferred.

Users creating a new account can use not only email, but also log in through Google, Telegram or Discord. But these methods cannot be used for migration.

Because platform no longer uses SMS to confirm the withdrawal of funds, you must enable two-factor authentication to do this!

Some notes:

• Since we have just enabled these updates and users are migrating, automatic confirmation of withdrawal transactions is limited to 100 MODICs per day per account, we will process all large amounts as quickly as possible, but there may be delays, we apologize in advance, we hope this will last no more than a few days.
• In case of any questions, errors, misunderstandings or desire to process the withdrawal faster, please create a support ticket in our Discord server: https://discord.gg/CTYB6Qr
• Discord bot @MODIC_Investment_Helper is not functional yet and will be reactivated (with modifications) as soon as the migration of most accounts is completed.

MODIC investment platform: new authorization methods was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

1. Unstake your tokens from Deprecated pool in the farming app:

video: https://modic.fund/videoA.gif

2. Remove liquidity from old PancakeSwap POOL by clicking on MIGRATE button

look at all the steps in this video: https://modic.fund/videoB.gif

3. Add liquidity to the updated V2 PancakeSwap POOL and stake it in the farming app

be sure to take a look at how to do it here: https://modic.fund/videoC.gif

Liquidity tokens migration guide was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

About MODIC

MODIC (short for Modern Investment Coin) is an established cryptocurrency investment platform with its own fund. MODIC was founded in 2019 and has already helped thousands of crypto holders multiply their capital through a variety of investment plans. The fund selects opportunities with an ROI of above 200%, and the minimum investment amount is only $10 — the smallest among crypto investment funds on the market.

Members can either choose one of the projects featured on the platform or entrust the fund managers to allocate their capital for them. The projects are selected using quantitative and fundamental analysis and pass a rigorous due diligence procedure.

To access all the investment opportunities, users need the MODIC coin, which is already traded on several crypto exchanges. At the beginning 2021, MODIC will launch a new DeFi infrastructure and a second coin, MLT, which will allow members to benefit from a range of financial services from loans to decentralized crypto derivatives.

Expanding into DeFi: MODIC vs. MLT

Throughout 2020, the MODIC team has been watching the unfolding of the DeFi trend. Instead of quickly launching our own DeFi product (for which there were all the necessary resources and competences), we chose to wait until the market reaches a certain point of maturity and the period of hype ends. By late 2020, this stage arrived. Meanwhile, MODIC developers have been hard at work at the interface and the new DeFi token, MLT.

MLT will not replace MODIC: the two coins will complement each other. MODIC will remain the base cryptocurrency of the centralized investment platform, with the following functions:

• Accessing investment opportunities
• Profit payouts
• Internal transactions between investors
• ‘Mining’ MLT (this is a new feature; see ‘3 ways to get MLT)

By contrast, MLT will power all the features of the new DeFi platform

• 14 liquidity pools on PancakeSwapp and Uniswap
• Liquidity mining (yield farming): rewards for users who deposit value in the system
• Crypto lending
• A decentralized exchange featuring cryptocurrency derivatives
• An experimental decentralized investment fund
• Decentralized governance
• Decentralized NFT trading platform (an extended description of this platform will be published before release)

Apart from MODIC and MLT, we will launch a third asset, MODICE — a wrapped version of MODIC that will run on the Binance Smart Chain and Ethereum blockchain (see ‘MODICE and associated pools’).

6 ways to obtain MLT

MLT is an BEP20/ERC20 token, minted in batches according to the needs of the project, with a maximum total emission size of 35,000,000 MLT. Users can get hold of MLT in the following ways:

#1 Investing in the MODIC fund. Right now, profit payouts are accredited in MODIC, but soon, fund members will get the option to receive part of their earnings in MLT. In the first phase, as a way to promote the new coin, some MLT will be airdropped to the investors every week in addition to the regular payout in MODIC. This will give every investor an initial supply of DeFi coins to participate in the PancakeSwap/Uniswap pools and governance and increase the awareness of the new offering. After 3 months, airdrops will cease and It will be up to the user to decide if they want to get part of their profits in MLT — and if so, which part. If one isn’t interested in DeFi at all, they can just go on receiving 100% of the earnings in MODIC: nothing will change for them.

#2 Liquidity mining through PancakeSwap/Uniswap pools (yield farming). When a user deposits crypto on PancakeSwap or Uniswap, they supply liquidity for trading and are rewarded with a percentage of the trading fees. In addition, they get MLT: the amount depends on how much they lock up and for how long.

#3 Lending. Users who prefer to deposit crypto in lending pools (as opposed to trading pools) will also get yield farming rewards.

#4 Decentralized investment fund. This is a DeFi version of the main MODIC fund that will run on smart contracts. All profit payouts will be in MLT.

#5 Voting. When users send MLT to the voting smart contract, they’ll also get a reward to compensate them for missed gains elsewhere.

#6 Buying on exchanges. MLT will be listed on at least 3 crypto exchanges and traded just like any other DeFI token.

#7 Minting MODICE. When a user deposits MODIC to get wrapped tokens (see below), they also get some MLT extra as a reward.

Wrapped token MODICE

Wrapped tokens are a popular way to use a coin on a blockchain different from the one that it normally runs on. For example, wBTC is Bitcoin wrapped for the Ethereum blockchain. In fact, most wrapped assets are Ethereum or BSC-based, and MODICE is no exception: it’s an BEP20/ERC20 token that is equal in value to MODIC. Every MODICE is backed by 1 MODIC but it cannot be redeemed, since the conversion works only in one direction: after exchanging MODIC for MODICE, MODIC coins are burned at a special address .

The value of MODICE is that it allows Modern Investment Coin members to use their assets within the Ethereum and Binance Smart Chain ecosystem, including on DeFi platforms — but without giving it up. The most attractive opportunity is earning liquidity mining rewards in MODICE pools on PancakeSwap and Uniswap. On top of that, users will be rewarded in extra MLT. Obtaining MODICE is easy:

#1 The user sends their MODIC to a special custodian address, providing their BEP20 or ERC20 wallet address

#2 MODIC goes to the address where it will be burned, while an equivalent number of MODICE are minted and sent to the user

#3 The user can also claim their reward in MLT and get it sent to the same address

The user who made this conversion will not be able to get back their MODIC coins, but so will receive a reward (from shared masternode rates) for the entire burnt amount until March 22, 2022

When MODICE will be available for trading on decentralized exchanges. A special oracle will constantly pull the current MODIC price from the open market to ensure that the price of MODICE is equal to that of the base asset. Users will have access to full data on the amount of MODIC sent to the custodian address and the number of MODICE minted. This will allow anyone to verify that the numbers correspond and the administration is not minting any unbacked wrapped tokens (something to watch out for when dealing with wrapped assets).

PancakeSwap and Uniswap pools and liquidity mining

Earning rewards with liquidity pools on Uniswap has become a staple in DeFi. This is how projects like Sushi Swap and Sashimi Swap achieved fame and attracted over $1 billion in locked value. Modern Investment Coin improves on their approach with a sophisticated system of 3 pool types.

The general procedure is as follows:

#1 The user deposits assets in a pool. For example, for the MLT/ETH pool one needs to send an equal amount of MLT and ETH; for the MLT/DAI pool, both MLT and DAI are required, etc.

#2 In exchange, the user gets special LP (liquidity provider) tokens, such as MLT/DAI UNI-V2 LP. These are a kind of an IOU note: the user can always redeem their LP tokens and get the original assets back.

#3 The deposited assets are used to facilitate token swaps. This makes Uniswap different from the older generation of decentralized exchanges: there is always liquidity, but the price changes depending on how much liquidity of each type is in the pool. For example, if everyone keeps buying MODIC for ETH, a big surplus of ether forms in the pool, and the price of MODIC goes up.

#4 There is a 0.30% fee on each trade. The fees are divided between liquidity providers. Each user’s earnings depend on how much liquidity they provide, as well as on the level of trading activity. The team of Modern Investment Coin will make all the necessary efforts to stimulate trading in its pools. The expected annualized yield from trading fees alone is circa 50%.

#5 The user stakes (deposits) their LP tokens on the MODIC DeFi platform to get regular rewards in MLT. This is known as yield farming, and it’s a form of passive income. The annualized APY will be around 50%, bringing the total income from liquidity pools to 100%.

Click here to read more and claim your very own Modern Liquidity Token

Modern Liquidity Token Announcement was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.

1. What is $MLT?

$MLT is the main value and liquidity token for the MODIC project DeFi platform, which will include an exchange, loans, investments and a digital asset trading platform.
Token will be deployed on the Binance Smart Chain (Spring 2021) and Ethereum (Autumn 2021) networks.

2.How can I get it?

You can purchase it on the decentralized exchange PancakeSwap (in the case of a token issued on BSC) or Uniswap (Eth). Or you can get it as a reward for becoming a liquidity provider on the same exchanges. Either by staking MODIC coins, having previously exchanged them on the platform https://invest.modic.fund for MODICE tokens. MODIC coins can be purchased on the Hotbit, SouthXchange, or Crex24 exchange.

3.How will $MLT be used?

$MLT will be used as the main payment method in the above decentralized applications, it should also be a good investment since it has zero premine, developers receive only 2% of the total emission as fee.

4. Why there are no DAI and WBTC pools?

Will there be pools with long-term locks of provided liquidity?
In total, 14 yield farming pools will be launched (in each network), including pairs with stablecoins and wrapped bitcoin, but this will be done a little later. Several pools will be able to lock tokens
for 1,3,6 and 12 months (with the ability to withdraw profits) as compensation, they will have higher returns. All pools will be launched by the end of 2021.

5. What are your $MLT practical implementation plans for the near future?

NFT trading platform in the first half of 2021!

6. Why should I change my MODIC coins to MODICE tokens?

Why don’t I just invest them in shared/masternode or staking?
After exchanging MODIC coins for MODICE tokens, you will continue to receive interest on this burnt deposit until March 22, 2022, so you do not lose anything, but also get the opportunity to earn $MLT
this is done as an incentive to popularize our decentralized applications.

7. Is $MLT smart contract audited?

Yes, before starting on the mainnet, the contract was verified and fully audited here https://etherauthority.io/

Modern Liquidity Token FAQ was originally published in MODIC on Medium, where people are continuing the conversation by highlighting and responding to this story.