DeMountain Finance — a decentralized staking application. Inspired by its successful predecessors, DeMountain has combined and improved the most efficient features, ultimately ensuring protocol longevity and scalability and taking the user experience to the next level.
Features of DeMountain Finance
DeMountain Finance is built to put investors first, providing exponential profit opportunities for earlier and later entries in the protocol. The main purpose of the protocol - to participate in daily auctions to receive MOUNT tokens, which can be staked to accumulate MATIC dividends. Investors will also be able to enter the embedded market and benefit from the ability to buy or sell shares, receive loans or lend to other users.
Main advantages:
| Scalable staking system | DeMountain offers a cost-effective, scalable staking solution, built for longevity and sustainability, designed to reward early and late investors. |
| Safe and transparent | The DeMountain smart contract undergoes a double audit by Haze Crypto and EnCrypto Security. |
| Founded by an established team | DeMountain is being developed and managed by the Paramount Finance team, who are already well established in the DeFi space. |
| Part of the PRMNT ecosystem | DeMountain is part of a growing PRMNT ecosystem that has consistently proven itself to the benefit of the community. The team plans to expand the capabilities of the MOUNT token and transfer control to the community. |
Take part in the daily auction and apply your best strategy to earn the most from the daily distribution of MOUNT tokens. The more you bet, the more you earn. Get MOUNT tokens and stake them for up to 300 days to receive daily MATIC dividends.
You can get a MATIC loan by providing your MOUNT tokens as collateral. Loan applications can be listed on the market. Become a lender and get a well-deserved percentage for your generosity. Find and fulfill the best loan requests on the market.
Auctions
You can participate in daily auctions, using MATIC, to receive MOUNT tokens. The more MATIC you enter, the more MOUNT tokens you will receive. 92% of all MATICs that enter the daily auction are returned to the stakers. The remaining 8% will go towards share repurchases, development and marketing. The first day of the auction will begin with 3M MOUNT tokens, which will decrease by 0.5% with each day of the auction.