What is warrant
Warrants are a derivative that give the right, but not the obligation, to buy or sell a security — most commonly an equity — at a certain price before expiration. https://www.investopedia.com/terms/w/warrant.asp
The MMPw1 (“MMP warrant”) works similar to others stock warrants in market , allows the warrant holder to redeems a MMP token by paying certain amount of money following the agreement on the warrant .The MMPw1 works as a right to buy “mother asset”(MMP token). The holder of MMPw1 has the right to use the MMPw1 to purchase mother
token (MMP) at the agreement price, which is available on the ticket. This means the holder can be either redeem or not redeem the mother asset, depend on the holder decision.
“This first crypto-warrant in blockchain world will let an MMP investor manipulate their risk and leverage more profit in MMP platform.”
How to buy MMPw1 with MMP
What can holder do with MMPw1 ?
You can sell it via PancakeSwap or hold it to converse 1 MMPw1 to 100 MMP by paying 0.75 BUSD
MMPw1 contract address : 0x2e5d9e9977e5f301fd952230d39c2f1be0157ad7
How to Sell MMPw1 to MMP
(if you want to hold MMP just do step 1 and 2)
What action you can do with MMP
MMP holder can swap MMPw1 with your MMP token in PancakeSwap
2.Swap to MMP
MMPw1 Holder can swap MMPw1 to MMP in PancakeSwap but If you got free MMPw1 from airdrop we strongly not recommend you to Swap MMPw1 to MMP because if you Swap now you will get around 70 MMP .In the other hand, you can hold warrant until Redemption Period to redeem 100 MMP with only 0.75$ each warrant means 1 MMP will cost only 0.0075$ . You will get approximate 20x profit from exercise MMPw1.
3.Hold to execute the warrant
MMPw1 Holder can execute MMPw1 to redeem 100 MMP with 1 MMPw1 and 0.75 BUSD in our platform in Redemption Period
How to Calculate Price When you buy and sell MMPw1
Way 1 Calculate MMPw1 price into $ (BUSD)
Example with real token price
1.MMPw1 price : 71.4255 MMP > 1 MMPw1
2.1 MMPw1 price is 71.4255*0.202841 = 14.488
1. MMPw1 will get 71.048 MMP
2. Swap MMP to BUSD to get 71.048*0.207085 = 14.713
In this situation Holder will get 14.713–14.488 = 0.225
(Not calculating BNB gas fee)
holder can calculate real or anticipate profit with this formula
MMPw1 profit = [MMP current price (or your MMP target price)*100] — [MMP price you use to buy warrant + 0.75]
If MMPw1 profit > 0 , You can buy MMPw1 and enjoy unlimited upside gain from the warrant.
If MMPw1 profit < 0 , You should not buy MMPw1 because that means you loss since you buy the warrant.
You can easily calculate profit with this formula
MMPw1 profit =[MMP current price (or your MMP target price)*100] — [MMP price you use to buy warrant + 0.75]
Assume that MMPw1 price 0.1$ (The real price will be known when LB is added)
- Holder have to add more 0.75$ with 1 MMPw1 to get 100MMP
If the current MMP price is 0.01$
It means that 1 MMPw1 will has profit (0.01×100) — (0.1+0.75) = 0.15 $
It means that you can sell 1 MMPw1 with 0.15+0.1 = 0.25$ , while MMP’s profit just 0.4-
Timeline and subscription of MMPw1
1st Subscription period on 28th April 2021 at 14:30 UTC
2nd Calculation period on 29th April 2021 at 14:30 UTC
3rd List MMPw1/MMP on PancakeSwap V2 on 30th April 2021 at 14:00 UTC
4th Distribution of MMPw1 token on 30th April 2021 at 14:30 UTC
5th Redemption of MMP token using MMPw1 during 25th May 2021 from 14:30 UTC to 30th May 2021 until 14:30 UTC
6th Remove LP of MMPw1/MMP on 3rd June 2021 at 14:30 UTC
Trading token warrant on the DeFi platform is a high level of risk and may not suitable for all investors. The high degree of leverage can make massive gain or loss . Before trading warrant token you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all the risks associated with warrant token trading and seek advice from an independent financial advisor if you have any doubts. The investor must do your own research (DYOR).
About Moon Maker Protocol (MMP)
MMP is a DeFi launch pad project, which assist a novel DeFi token launching their product to the community. We are very first “Decentralized Token Launch Platform” in Binance Smart Chain .MMP fair launched only 200,000,000 token makes equality to the community, no exception for the developer.
We will provide many more features such as Airdrop, Snapshot/verify and so on for MMP holder to earn IFO, ICO token. This means holding MMP would earn million more benefits than just a capital gain.
Website : https://moonmakerprotocol.com/
Telegram : https://t.me/Moonmakerprotocol
Twitter : https://twitter.com/moonmakerpro
Github : https://github.com/moonmakerprotocol