Whitepaper Moon Portal

Total Page:16

File Type:pdf, Size:1020Kb

Whitepaper Moon Portal MOON PORTAL WHITEPAPER MOON PORTAL WHITEPAPER Moon Portal Introduction Welcome to A token focused on advancing decentralization technology by creating an application that combines live charting software and exchange/swap capabilities. Read More Moon Portal© | 2021 Copyright. All rights Reserved. Moon Portal 4 $PortalSwap Swap $PORTALSwap is going to take Moon Portal use-case to a new level, $PORTALSwap is decentralized exchange running on Chain and have lots of features such as yield farming, liquidity provider profit in liquidity token etc. It’s automated market maker (“PMM”) allows two tokens to be exchanged on the Binance Smart Chain. Moon Portal can be earned on it through yield farming and many upcoming events and pools Moon Portal© | 2021 Copyright. All rights Reserved. Moon Portal 5 Join Us Meet Did you know that teleporting to the moon is more efficient than flying there? Let’s not waste time flying or building a rocket, Let’s Teleport. Buy and hold MoonPortal to enjoy its yields in a community-driven project. Join us as we teleport from Moon to moon. Moon Portal© | 2021 Copyright. All rights Reserved. Moon Portal 6 BEP-20 Why Is a BEP-20 To k e n ? The invention of Ethereum was revolutionary to the blockchain ecosystem as a whole, as for the first time ever people gained a way to launch their own tokens and smart contracts. For years, the Ethereum network was the default place for launching innovative blockchain-based projects. However, the increasing popularity of cryptocurrencies, and the advent of decentralized finance (DeFi) solutions specifically, has caused massive problems with the efficiency of the Ethereum blockchain. The transaction times and fees on the Ethereum network has become so high that many crypto enthusiasts stopped using ETH altogether, and blockchain developers started to look for a better alternative. That’s what led to the creation of Binance Smart Chain. Moon Portal© | 2021 Copyright. All rights Reserved. Moon Portal 7 Binance Smart Chain (BSC) What is Binance Smart Chain (BSC) is a high-end blockchain infrastructure created by Binance, one of the world leaders in providing blockchain solutions. Binance Smart Chain was designed to fulfill the same purposes as Ethereum - the ability to launch tokens, smart contracts and decentralized applications - but with a much better efficiency. While the Ethereum network uses a token format called ERC-20, the BSC blockchain has its original, innovative token format: BEP-20. Tokens utilizing the BEP-20 format can be purchased, sold and transferred with the fees that can be 30-100x lower compared to Ethereum fees. Not only the fees, but also the transaction times of Binance Smart Chain are much lower than Ethereum’s. Overall, BSC is simply a much more effective solution than ETH. Since Moon Portal is an ecologically- oriented project, choosing the more energy-efficient solution was the obvious choice to make Moon Portal© | 2021 Copyright. All rights Reserved. Moon Portal 8 How To Buy You will be able to purchase Moon Portal with BNB. You are available to participate on both mobile devices and desktop. CREATE A WALLET PURCHASE BNB MOON $PORTAL Create MetaMask/Trust Wallet. Purchase Binance Coin (BNB). Moon Portal Contract Address is They are available on AppStore It's available on most 0x1e446cbea52badeb614fbe4 and Google Play. If you are on a exchanges, such as Binance ab7610f737995fb desktop, we would recommend and Coinbase. Once you downloading MetaMask Google purchase the desired amount, Which you can get from our Chrome addon. Make sure to deposit it into your website as well. save your private keys in a MetaMask/Trust Wallet. Make secure place. sure to enter the correct address and choose the correct network. Moon Portal© | 2021 Copyright. All rights Reserved. Moon Portal 9 To k e n Summary & To k e n o m i c s 30% $PORTAL PANCAKESWAP 30% 30% BURNED PRE-SALE v 5% Redistribution v 5% Returned To Holders $PORTAL BSC (Binance Smart Chain) 9 0x1e446cbea52badeb614fbe4ab7610f737995fb 30% 30% Total Supply 40% Moon Portal© | 2021 Copyright. All rights Reserved. Moon Portal 10 We are Social Ask Questions In The Chat & Check Our Get In Touch With Us Twitter Instagram @moonportalbsc /moonportalbsc Te l e g r a m Reddit t.me/moonportal /r/MoonPortalBSC Website www.moonportal.io Moon Portal© | 2021 Copyright. All rights Reserved..
Recommended publications
  • Decentralized Finance – the Possibilities of a Blockchain “Money Lego” System*
    Financial and Economic Review, Vol. 20 Issue 1, March 2021, 74–102. Decentralized Finance – The Possibilities of a Blockchain “Money Lego” System* Tamás Katona With the adoption of blockchain technology, initiatives to provide financial, investment and insurance services to a wide range of users in a decentralized manner have emerged. But can decentralized finance be the alternative to the traditional financial system, or has it only created another “technology playground” for users who are biasedly enthusiastic about crypto-assets? The study examines the key definitions of decentralized finance and then synthesizes them to formulate a new, more complete definition. This is followed by a presentation of the different layers of decentralized finance and their prevalence, as well as an analysis of its benefits and risks. In the conclusions, the author finds that decentralized finance has the potential to provide financial services with an open, transparent and robust infrastructure, and has the possibility of reaching a broad range of users with its basic financial services. However, this requires further development of the sector and effective management of emerging risks. Journal of Economic Literature (JEL) codes: G10, G15, G20, G23, G24, G28 Keywords: blockchain, decentralized finance, Ethereum, crypto-assets, smart contract, yield farming, liquidity mining 1. Introduction The financial system has undergone fundamental changes in recent years, with the appearance of the FinTech sector.1 New providers have entered the financial markets, combining digital technologies and financial services in a more efficient and innovative way than any other solution so far. The FinTech ecosystem consists of vastly diverse players, some of which provide new products and services, occasionally outside existing regulations, while others seek to sell products offered * The papers in this issue contain the views of the authors which are not necessarily the same as the official views of the Magyar Nemzeti Bank.
    [Show full text]
  • CRYPTOCURRENCIES & DECENTRALIZED FINANCE THREAT OR OPPORTUNITY? Strategic Resource Management
    02 – 25 – 21 CRYPTOCURRENCIES & DECENTRALIZED FINANCE THREAT OR OPPORTUNITY? Strategic Resource Management Presented By: Larry Pruss, Senior Executive Vice President srmcorp.com SRM Proprietary and Confidential 1 LARRY PRUSS Senior Vice President 20+ Years of Financial Services Experience STRATEGIC RESOURCE MANAGEMENT Doing Business since 1992 Helps financial institutions improve performance through benchmarks, data, and analytics $3.6 Billion in implemented cost savings/ revenue increases 2 SRM Proprietary and Confidential • All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, or suggestions, expressed or implied herein, are for informational, entertainment or educational DISCLAIMER purposes only and should not be construed as investment advice. • The cryptocurrency industry is extremely fast- moving. Data/statistics become outdated quickly. While the information provided is believed to be accurate, it may include errors or inaccuracies. 3 SRM Proprietary and Confidential WHAT DO THESE COMPANIES HAVE I N C O M M O N ? 4 SRM Proprietary and Confidential W H A T I S CRYPTOCURRENCY? In broad strokes, a Ownership and transaction Cryptocurrencies are cryptocurrency is a digital records are recorded onto becoming popular with asset used as a medium of a digital ledger called a retail and institutional exchange. “blockchain”. investors, sovereign wealth funds, and even countries. 5 SRM Proprietary and Confidential It’s the basis of a decentralized cryptocurrency. It is a distributed ledger,
    [Show full text]
  • Defi Adoption 2020: a Definitive Guide to Entering the Industry
    DeFi Adoption 2020: A Definitive Guide to Entering the Industry DeFI Adoption 2020: A Definitive Guide to Entering the Industry 1 Disclaimer This work is copyrighted in 2020 by Cointelegraph Consulting. The paper is free to copy and redistribute in any medium or format. However, you must give appropriate credit, provide a link to this document, and indicate if changes were made. You may not use the material for commercial purposes. If you remix, transform, or build upon the material, you may not distribute the modified material. We suggest the following citation: Cointelegraph Consulting. DeFi Adoption 2020: A Definitive Guide to Entering the Industry. The content in this report is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. DeFI Adoption 2020: A Definitive Guide to Entering the Industry 2 Part 1.1 What is Decentralized Finance (DeFi)? Decentralized Finance (“DeFi”), is the idea that traditional financial service offerings such as banks, markets, and other investment services can be recreated or improved upon using applications created on the blockchain. DeFi is an ecosystem of blockchain-based financial instruments designed in the decentralized way: ā outside of companies’ and governments’ regulation ā running on smart contracts There is no reliance on centralized authorities and stakeholders come together to build a permissionless ecosystem. The idea driving the majority of the industry players is to open financial services to everyone by building a permissionless ecosystem. DeFi recreates traditional financial services — i.e. lending & borrowing, trading, and even insurance — tailored for storing, earning, or Learn DeFi: Smart Contracts: transferring digital assets.
    [Show full text]
  • Blockchain & Cryptocurrency Regulation
    Blockchain & Cryptocurrency Regulation Third Edition Contributing Editor: Josias N. Dewey Global Legal Insights Blockchain & Cryptocurrency Regulation 2021, Third Edition Contributing Editor: Josias N. Dewey Published by Global Legal Group GLOBAL LEGAL INSIGHTS – BLOCKCHAIN & CRYPTOCURRENCY REGULATION 2021, THIRD EDITION Contributing Editor Josias N. Dewey, Holland & Knight LLP Head of Production Suzie Levy Senior Editor Sam Friend Sub Editor Megan Hylton Consulting Group Publisher Rory Smith Chief Media Officer Fraser Allan We are extremely grateful for all contributions to this edition. Special thanks are reserved for Josias N. Dewey of Holland & Knight LLP for all of his assistance. Published by Global Legal Group Ltd. 59 Tanner Street, London SE1 3PL, United Kingdom Tel: +44 207 367 0720 / URL: www.glgroup.co.uk Copyright © 2020 Global Legal Group Ltd. All rights reserved No photocopying ISBN 978-1-83918-077-4 ISSN 2631-2999 This publication is for general information purposes only. It does not purport to provide comprehensive full legal or other advice. Global Legal Group Ltd. and the contributors accept no responsibility for losses that may arise from reliance upon information contained in this publication. This publication is intended to give an indication of legal issues upon which you may need advice. Full legal advice should be taken from a qualified professional when dealing with specific situations. The information contained herein is accurate as of the date of publication. Printed and bound by TJ International, Trecerus Industrial Estate, Padstow, Cornwall, PL28 8RW October 2020 PREFACE nother year has passed and virtual currency and other blockchain-based digital assets continue to attract the attention of policymakers across the globe.
    [Show full text]
  • Digital Currencies Economics & Currencies - Global
    17 March 2021 Free to View Digital currencies Economics & Currencies - Global What are they and why do they matter? As cash usage declines, new forms of digital money are James Pomeroy emerging Global Economist HSBC Bank plc We look at cryptocurrencies and Central Bank Digital Paul Mackel Currencies… Global Head of FX Research The Hongkong and Shanghai Banking Corporation Limited …and outline the impact they could have on the economy and policy decisions As cash usage plummets in many parts of the world, the role played by new forms of digital currencies in the payments chain is only going to grow. But what sort of currencies? Cryptocurrencies? Central Bank Digital Currencies (CBDCs)? Stablecoins? Perhaps a mix of them all? These forms of money are all solely digital – and are either issued via the central bank or privately. Cryptocurrencies, in particular, have been getting a lot of attention recently because of Bitcoin’s spectacular price rise and the responses to it – with an increasing number of institutional investors showing an interest. Stablecoins, such as Diem, led by Facebook, have also gathered much more attention in recent years. There is no doubt that the rise of cryptocurrencies and stablecoins has alerted governments and policymakers, and is one reason why a number of central banks are drawing up plans for their own digital currencies. Sweden and China are leading the way, but these central banks have other motives too, based on the rapid developments of digital payments in their economies. This report will look at the differences between these forms of digital payments and the potential economic and monetary impacts.
    [Show full text]
  • The Crypto Hack Beginner’S Guide to Crypto Investing
    Back to Top The Crypto Hack Beginner’s Guide to Crypto Investing Copyright © 2021 by Daryl Boffman Jr. All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever. thecryptohack.com Back to Top Table of Contents Crypto Glossary 4 A view from 10,000 feet 7 The Blockchain 15 Crypto Currency 24 The Top 10 Crypto Currencies 31 How to Analyze Projects (DYOR) 58 Buying Crypto Safely 77 Crypto Investing Strategies for Beginners 146 Decentralized Finance 166 NFTs 183 An Extraordinary Life 193 Back to Top Crypto Glossary Use this page to quickly jump to key terms and principles in this book # B 51% Attack BEP-20 Binance Coin (BNB) A Bitcoin (BTC) Altcoin Bitcoin Cash (BCH) Automated Market Maker Block (AMM) Blockchain Average Cost Buy the Dip (BTD) Coin C Cold Wallet Cardano (ADA) Consensus Algorithm Centralized Consensus Mechanism Chainlink Cryptocurrency Circulating Supply D Data Diamond Hands Decentralized Distributed Decentralized Applications Dogecoin (DOGE) (Dapps) Dollar-Cost Averaging (DCA) Decentralized Finance (Defi) Dodo Back to Top Do Your Own Research J (DYOR) K E KYC ERC-20 Ethereum (ETH) L Large-Cap F Litecoin (LTC) Fear of Missing Out (FOMO) Limit Order Fear, Uncertainty, and Doubt Liquidity (FUD) Liquid Market Forger Liquidity Mining Fork Liquidity Pool Fundamental Analysis Liquidity Providers (LP) Fungible Futures M Margin Trading G Market Cap Gas Fee Market Order Gwei Miner H N Hash Non-Fungible Token HODL Hot Wallet O Off-Chain I On-Chain Immutable Oracle Impermanent Loss Initial
    [Show full text]
  • Decentralized Finance and the Crypto Market: Indicators and Correlations
    Linköping University | Department of Management and Engineering Bachelor’s Thesis in Economics Spring 2021| LIU-IEI-FIL-G--21/02425--SE Decentralized Finance and the Crypto Market: Indicators and Correlations Decentraliserad Finans och Kryptomarknaden: Indikatorer och Korrelationer Fadel Dabaja Tobias Dahlberg Supervisor: Gazi Salah Uddin Linköping University SE-581 83 Linköping, Sweden +46 013 28 10 00, www.liu.se Title Decentralized Finance and the Crypto Market: Indicators and Correlations Authors Dabaja, Fadel ([email protected]) Dahlberg, Tobias ([email protected]) Supervisor Salah Uddin, Gazi Publication Bachelor’s Thesis in Economics 15 credits Spring 2021 ISRN-number: LIU-IEI-FIL-G--21/02425--SE Linköping University Department of Management and Engineering (IEI) 1 Abstract Background: Within the emerging field of cryptocurrencies, the sub-sector DeFi (decentralized finance) has experienced explosive growth over the last year, and its importance for crypto as a whole has grown with it. The currencies have developed from simple peer-to-peer transactions to complex applications such as lending and exchanges. Several studies have researched determinants of cryptocurrency prices, and a few have focused on metrics central to DeFi, such as total value locked (TVL). However, academia has aimed sparse attention to the relationships between these metrics, which this article seeks to amend. Aim: The purpose of this essay is to research the relationship between total value locked (TVL) in DeFi, the prices of native tokens on related platforms, and the price of ether, which is the dominant currency across DeFi. Methodology: This study is deductive and quantitative and categorized as a causal-comparative thesis.
    [Show full text]
  • A Decision Model for Decentralized Autonomous Organization Platform Selection: Three Industry Case Studies
    Noname manuscript No. (will be inserted by the editor) A Decision Model for Decentralized Autonomous Organization Platform Selection: Three Industry Case Studies Elena Baninemeh · Siamak Farshidi · Slinger Jansen Received: date / Accepted: date Abstract Making problems in software production. This study Context: Decentralized autonomous organizations as a new presents a decision model as a Multi-Criteria Decision- form of online governance are collections of smart contracts Making problem for the decentralized autonomous organi- deployed on a blockchain platform that intercede groups of zation platform selection problem to capture knowledge re- people. A growing number of Decentralized Autonomous garding such platforms and concepts systematically. Organization Platforms, such as Aragon and Colony, have Results: We conducted three industry case studies in the been introduced in the market to facilitate the development context of three decentralized autonomous organizations to process of such organizations. Selecting the best fitting plat- evaluate the effectiveness and efficiency of the decision form is challenging for the organizations, as a significant model in assisting decision-makers. The case study partici- number of decision criteria, such as popularity, developer pants declared that the decision model provides significantly availability, governance issues, and consistent documenta- more insight into their selection process and reduces the cost tion of such platforms, should be considered. Additionally, of the decision-making process. decision-makers at the organizations are not experts in every Conclusion: We find that with empirical evidence from the domain, so they must continuously acquire volatile knowl- case studies, that decision-makers can make more rational, edge regarding such platforms and keep themselves updated. efficient, and effective decisions with the decision model Accordingly, a decision model is required to analyze the de- when they meet their requirements and priorities.
    [Show full text]
  • Decentralization, Defi and Makerdao What Is Decentralization?
    Decentralization, DeFi and MakerDAO What is Decentralization? “decentralized: used to describe organizations or activities which are not controlled from one central place, but happen in many different places” dictionary.cambridge.org “decentralization: the dispersion or distribution of function or powers.” merriam-webster.com Framework Attributes • Decentralization must be possible • Decentralization must improve over time • Decentralization should support the intended function Why Does Decentralization Matter? • Accessibility and Independence • Opportunity and Innovation • Competition and Efficiency • Growth Misconceptions, Issues and Solutions • Misconception: Lawlessness • Application of regulation • Solution: • “Regulation at the edges” • “Walled gardens” What is Decentralized Finance or DeFi? • A new monetary and financial system built on public blockchains. • A system that augments but does NOT replace the traditional one. • A system that creates value by enabling independent access to the global financial system. What is MakerDAO and where does it fit in DeFi? • Decentralized protocol layer on top of Ethereum. • Open source protocol that is blockchain agnostic. • Provides tools for DeFi to grow the blockchain economy. Decentralized Tools Provided by MakerDAO • Collateralization Tool – Any ERC20 compliant asset • Credit Generation Tool – Generates stablecoin, Dai. • Rewarding Tool – Rewards staked Dai with more Dai. How Does MakerDAO Generate Dai? - Analogy How Does MakerDAO Generate Dai? Conclusion • MakerDAO DeFi Decentralization ⊂ ⊂ • Decentralization requires a change in perspective to see the Value to everyone. • That Value comes from an open and free system that embraces accessibility and independence. Thank You! .
    [Show full text]
  • 1 Remarks of Gary Gensler Chair of the Securities and Exchange
    Remarks of Gary Gensler Chair of the Securities and Exchange Commission Before the Aspen Security Forum August 3, 2021 Thank you for that kind introduction. It’s good to join the Aspen Security Forum. As is customary, I’d like to note that my views are my own, and I’m not speaking on behalf of the Commission or the SEC staff. Some might wonder: What does the SEC have to do with crypto? Further, why did an organization like the Aspen Security Forum ask me to speak about crypto’s intersection with national security? Let me start at the beginning. It was Halloween night 2008, in the middle of the financial crisis, when Satoshi Nakamoto published an eight-page paper1 on a cypherpunk mailing list that’d been run by cryptographers since 1992.2 Nakamoto — we still don’t know who she, he, or they were — wrote, “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.”3 Nakamoto had solved two riddles that had dogged these cryptographers and other technology experts for a couple of decades: first, how to move something of value on the internet without a central intermediary; and relatedly, how to prevent the “double-spending” of that valuable digital token. Subsequently, his innovation spurred the development of crypto assets and the underlying blockchain technology. Based upon Nakamoto’s innovation, about a dozen years later, the crypto asset class has ballooned. As of Monday, this asset class purportedly is worth about $1.6 trillion, with 77 tokens worth at least $1 billion each and 1,600 with at least a $1 million market capitalization.4 Before starting at the SEC, I had the honor of researching, writing, and teaching about the intersection of finance and technology at the Massachusetts Institute of Technology.
    [Show full text]
  • Decentralized Finance (Defi)
    SoK: Decentralized Finance (DeFi) Sam M. Werner1, Daniel Perez1, Lewis Gudgeon1, Ariah Klages-Mundt2, Dominik Harz1, and William J. Knottenbelt1 1 Imperial College London 2 Cornell University Abstract. Decentralized Finance (DeFi), a blockchain powered peer-to- peer financial system, is mushrooming. One and a half years ago the total value locked in DeFi systems was approximately 700m USD, now, as of September 2021, it stands at around 100bn USD. The frenetic evolution of the ecosystem has created challenges in understanding the basic prin- ciples of these systems and their security risks. In this Systematization of Knowledge (SoK) we delineate the DeFi ecosystem along the follow- ing axes: its primitives, its operational protocol types and its security. We provide a distinction between technical security, which has a healthy literature, and economic security, which is largely unexplored, connect- ing the latter with new models and thereby synthesizing insights from computer science, economics and finance. Finally, we outline the open research challenges in the ecosystem across these security types. Keywords: Decentralized Finance, DeFi, Smart Contracts, Cryptocur- rencies 1 DeFi: Finance 2.0? Consider two views on the promise of Decentralized Finance (DeFi). For the DeFi Optimist, DeFi amounts to a breakthrough technological advance, offering a new financial architecture that is non-custodial, permissionless, openly au- ditable, (pseudo)anonymous, and with potentially new capital efficiencies. Ac- cording to this view, DeFi generalizes the promise at the heart of the original Bitcoin whitepaper [100], extending the innovation of non-custodial transactions to complex financial operations. In contrast, the DeFi Pessimist is concerned that, inter alia, the unregulated, hack-prone DeFi ecosystem serves to facilitate arXiv:2101.08778v5 [cs.CR] 26 Sep 2021 unfettered and novel forms of financial crime.
    [Show full text]
  • Banking Blueprint for the Crypto World
    Banking blueprint for the crypto world Adoption of cryptoassets willAdoption transform of digital banking currencies will transform banking Visit.kpmg.us/blueprint How banks compete in the digital world has forever changed due to growing market acceptance of cryptoassets, the rapid advancement of cryptocurrency technology, and the at-scale participation of financial institutions in the crypto market. Case in point: Institutional cryptoasset adoption is driving innovation in core banking products and services across custody, brokerage, trade clearing, settlement, payments, lending, and more. At the same time, a new operational infrastructure for banking is emerging, which has set the foundation for resilience and growth in a fast-changing industry. This paper aims to help business and technology leaders in the banking industry capitalize on opportunities in the growing crypto market by evolving operations and delivering new crypto services and solutions that are trusted, transparent, and auditable. We explore three high-potential, innovative crypto applications and the key technical and operational building blocks that underlie a successful crypto infrastructure for today’s leading banking institutions. © 2021 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. It is time for banks to engage 2 with cryptoasset customers Three promising areas of 8 crypto innovation Banking blueprint for 12 the crypto world Considerations for bank infrastructure 16 transformation 18 How KPMG can help © 2021 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent Banking blueprint for the crypto world 1 member firms affiliated with KPMG International Limited, a private English company limited by guarantee.
    [Show full text]