Welcome to the MiniPanther Frequently Asked Questions page!
Why does MiniPanther exist?
We believe that short-term financial games are fun and exhilarating! Many people were intrigued and excited by the idea of SnowDogDAO, which was a short-term DAO followed by a buyback. However, everyone was disappointed when SnowDogDAO's buyback was not fair or transparent: it was conducted on a new LP system that required a passphrase to trade. As a result, the dream of a short-term DAO with massive buybacks at the end has never been truly realized.
Seeing this, we programmed a DAO that lasts only 14 days, after which no further supply expansion is possible. After the first 14 days, 80% of the non-LP treasury is bound by the code to be used for buybacks within 24 hours. The buybacks are handled by a special admin function, and these buybacks are the only possible use of the funds according to the code. After 24 hours, any wallet can call a function that finishes all remaining buybacks.
Therefore, we are confident that MiniPanther will fulfill the exciting vision of a short-term DAO followed by massive buybacks!
What's this about black cats?
MiniPanthers are black cats, in keeping with Fantom's Halloween theme. Part of the proceeds from the MiniPanther project will go towards black cat-related charitable donation!
Who is on the MiniPanther team?
MiniPanther SPDAO is a Sugandese Tokens production. Please check our Team Page to learn more!
How do I participate? Please take my money!
We are currently in the pre-launch phase. Please get whitelisted for our Presale by joining our Telegram or Discord servers!
I see that there is a transaction tax! How do I avoid it?
There is a transaction tax only on transferring MP to LP pairs. Without a helper contract, this also taxes LP formation. To avoid the transaction tax on LP formation, you must use the Liquidity Helper on our website by clicking the "Add Liquidity*" link on our homepage. This is only available for the SpookySwap MP/DAI LP, so DYOR and transact accordingly!
What makes MiniPanther different?
Whereas most DAOs based on Olympus are intended to last a long time, continuing with rebase staking rewards forever may not be viable, as the amount of money coming into the system can only match an exponentially increasing number of tokens for so long. In contrast, MiniPanther contains all supply expansion within a 14-day period, allowing users to temporarily experience very high yield and strong anticipation without breaking the system.
To our knowledge, MiniPanther is the first fully auto-liquidating DAO in history, which is why we call it a Special Purpose DAO (SPDAO). The use of MiniPanther's entire treasury is established by the code and incorporated into a short-term financial game. We hope you enjoy it!
We also have a fair, transparent user reward program: MP stakers will receive bonus APR through our staking partnership with Dark Knight. We offer double yield without any liquidation or lotteries!
Is the MiniPanther code buggy or exploitable?
We don't think so! Our code is forked from Minotaur Money, which is a fork of Wonderland.Money with Selling Tax, Fractionality, and other code improvements. In turn, Wonderland is a fork of Olympus DAO (OHM). Those protocols are currently in operation with large rewards available for anyone who is able to exploit them, but no one has been able to do it yet.
The code changes for MiniPanther consist of relatively simple, single-shot logic, and we have thoroughly tested the protocol to make sure that it works as intended. In addition, please see the following questions for additional security info!
Ser, wen audit?
Please check our Audit page for more info!
Ser, wen KYC?
Please check our KYC page for more info!
Ser, wen launch?
Please check our Presale Info page for our Launch Schedule!
Ser, wen promo?
Check our Videos page for our Carole Baskin endorsement!
We will also be running banner ads on dextools.io from February 10 to 16!
I have more questions. Where can I find the answers?