Store of Value & Real World Adoption
1.) XVMC Token: Store of Value & Interest Returns
Mac&Cheese token - XVMC is the main currency for the Mac&cheese Finance. It's tokenomics have been carefully designed to preserve and work in the favor of accruing wealth for the token holders.
The protocol has a low inflation that is being paid as a reward for commitment to long term holders staking their tokens.
XVMC inherits transactional, smart-contracting capabilities and security of the Polygon network. There are no emissions needed for miners polluting the environment and there is no cost of
paying for security of the network to validators. Consequentially all the value of XVMC is kept within the system as the emissions are only paid to the holders of XVMC.
This creates a next-generational game theory by removing the supply from the market, rewarding holders and eliminating
miners and validators that sell down generated tokens to cover their costs and generate revenue.
XVMC protocol is designed to deflate and remove supply from the market. If new participants decide to join the network
and increase the demand for XVMC, then the price of XVMC should naturally increase in value over time.
The tokenomics and inflation rate for XVMC can be viewed by anybody as it's a form of programmable money living on the blockchain, fully transparent and evident to everbody.
There is an argument that the protocol should be set in stone and live forever without any changes as a proof of immutability.
But from an evolutionary perspective, it is the most adaptable species that are the ones to survive and thrive.
And this is why the XVMC protocol allows for possibility of future adaptations and improvements that must be voted on and approved by the community.
Mac&Cheese includes a decentralized governance portal where holders can vote on important decisions and submit their own proposals.
2.) Spreading Real World Usage & Adoption
Mac&Cheese has partnered with and launched MEME community tokens:
DOGE2, DOGE420 and DOGE69.
These tokens were created to serve as "ADOPTION" tokens. They have no emissions and have been pre-minted. No more tokens will ever be created.
Majority of the tokens are held in a smart contract that serves as a treasury wallet(withdrawals are processed with time-delay,
guaranteeing safety and transparency for all participants).
The tokens are launched on Polygon(Matic) network, which require no extra emissions for miners nor validators. The value is preserved and exchanged within it's users.
Tokens will be slowly released into circulation to NEW users, becoming one of the only tokens that uses it's inflation for
adopting new users into the ecosystem.
Dogecoin has no apparent use case or purpose,
yet it has managed to amass almost $100Billion of marketcap value at it's peak. Why is it so? Because cryptocurrencies can be complex and hard to understand.
But everyone understands memes and jokes, and this is why Dogecoin was the top performer as it had an appeal to the widest audience possible.
The purpose of DOGE2, DOGE420 and DOGE69 is to do the same thing and to become the "Dogecoin of Decentralized Finance(DeFI)".
As DeFI at first sight seems even more complex and intimidating than classical cryptocurrencies, DOGE2 tokens will create
a fun and easy way for the widest audience possible to learn about the Decentralized Finance ecosystem, familiarize themself with it's mechanic in a low risk environment and
interact with decentralized applications and blockchain in a user-friendly manner.
DOGE2 tokens are created to serve as a gateway into the DeFI ecosystem, similar to how dogecoin is the gateway to regular cryptocurrencies(masses of people enter cryptocurrencies by buying doge).
3.) Staking Platform Generating Interests for Holders
XVMC token has already been launched and is running as a computer code on Polygon network. It requires no third party or centralization. It runs by itself. Anybody can stake their XVMC and earn interests on their deposit.
The current iteration of the XVMC protocol is minting 25XVMC per each block and distributing them to stakers(stake tokens in pools) and farmers(provide liquidity for XVMC on Quickswap decentralized exchange).
XVMC protocol improvement proposal:
An update to the XVMC protocol is already being built by the community. Anyone can create a proposal for improvements on the decentralized governance platform.
The draft for the current improvement is as follow:
-Reduce farming rewards to 15% and increase pools rewards to 85%
-Reduce emissions per block
-make XVMC:USDC the only farm to create uncorrelated asset
-Staking pools only for XVMC(and DOGE2), keep rewards within the ecosystem
-Create time-locked contracts where users can commit to stake their XVMC shares for a period of time. The longer the commit time,
the higher the returns
-Emergency withdraw prior to maturation on stakes are penalized(penalty depends on time staked relative to expiry)
-Portion of the penalized tokens are burned to create deflation, portion are re-distributed to holders through staking of CDP
-When staking XVMC in a time-locked contract users receive a CHEESEDIP(CDP), which serves as a Certificate of DePosit for their XVMC tokens
-CDP is a liquid asset that can be traded and transferred while your XVMC tokens are locked and are passively generating returns on your investment
-CDP can be staked in the "Cheesedip" staking area to earn more XVMC(penalties from pre-mature withdrawals), as well as DOGE420 and DOGE69 rewards, and(potential) partner tokens. You can earn interest on your interest.
All of the above features are meant to create the best possible store of value and reward holders.
4) Community Adoption Projects
Please note that the projects are initiated by the community. Anyone can build on the Mac&Cheese ecosystem, but there is no centralized team responsible for development.
You should have no expectations to make money from the work of others. Want Mac&Cheese finance to be better? Then make it better yourself. Anybody can build and get access to
the adoption tokens allocated to their dapp, under circumstance it gets voted by the community and token holders. As you can see for yourself, there are already a variety of projects and tools built around mac&cheese Finance.
Community is building a MEME platform that will reward users for their participation and engagement. Providing a daily share of memes and news
feed via mobile app. Users are rewarded with DOGE2, that they can stake on the staking platform for DOGE420 and DOGE69.
Player vs Player Gaming Platform
Chess, Tic Tac Toe, Connect Four, Card Games, Wurdi, ...
the possibilities are limitless. Any game can be added, ranging from arcade and going as far as prediction markets
Taking PvP social games to the next level by creating incentives, forcing users to put in maximum effort and a scoreboard they can track. Adding wager of tokens to the game just makes everything more interesting.
Two competing users deposit their tokens into a smart contract. The process is trustless as the third party does not have access to the funds.
The third party is only relayed to host the game off-chain and to act as an oracle that decides the winner and updates the result into the blockchain. Winning wallet can then withdraw the proceeds.
More projects: Submit your idea
Anybody can participate and create their own project and plug-in Mac&Cheese ecosystem.
The DOGE tokens are created to be released at a slow rate to NEW USERS adopting the technology.
If you have a project that promotes adoption, DOGE2 tokens are available upon approval and vote by the holders.
4.) Non-fungible tokens(NFTs) & Digital ownership for a charitable cause
There is already astonishing art being created related to Mac&cheese projects. The creations can be turned into NFTs and sold on the marketplace. 100% of the proceeds from NFT sales will go
to charitable causes.