As previous announcement, the final deadline for MDO to MDOv2 migration is Jul 13 , 20:00 GMT+6. Once the migration period is over, we will close the migration gateway — which means it is impossible to convert from MDO to MDOv2.

Midas Dollar’s upcoming plans and programs will use MDOv2 instead. Hence MDO tokens will no longer be valued in the future. We estimate there are still almost 2 million MDO unmigrated left, for whatever reason, please convert your MDO to MDOv2 here:

👉 https://midasdollar.fi/migration

Along with that, as soon as the migration process is completed, the Gold Commission will…


Dear Midas Community,

We realized that there still are a large sum of MDOs not yet migrated to the MDOv2 version. Until the migration completes, we cannot proceed to upgrade the Midas Dollar protocol to a partial collateralization model. Since cryptocurrencies are decentralized and cannot be put under any control, we cannot force you to migrate to v2. Even so, we don’t want those who have believed in Midas Dollar to miss this chance. MDOv2 will completely replace MDO in the future phases of the yield farming ecosystem. …


As you may already know, the exploitation of Value Defi has affected both MDG and MDO.

Update on the new implementation approach for MDG

1. The damage incurred to MDG pools are as follows:

- We’ve lost about 41430 MDG, 67330 BUSD and 130 BNB. Most of the lost tokens are located in 3 liquidity pools WBNBMDG, MDGBUSD and bCashBUSD.

- WBNBMDG and MDGBUSD were exploited at block 7222402 at tx https://bscscan.com/tx/0x2fd0aaf0bad8e81d28d0ee6e4f4b5cbba693d7d0d063d1662653cdd2a135c2de.

- bCashBUSD was exploited at block 7239848 at tx https://bscscan.com/tx/0xcbe53b4d56df0c1e65025a86a7ae1d7eeac35243b3e861487f1f463e11fa7116.

2. The compensation plan for MDG LP holders are as follows:

- The snapshots are recorded at block 7222401 and block 7239847.

- Because of the devaluation of MDG after the drain, we return liquidity providers 2.5 times the amount of MDG in the snapshot. Example: if…


Let’s take a look at Midas DeFi Ecosystem’s events and important updates in March!📊

💵 Midas Dollar

Midas Dollar had a negligible contraction at the end of March, but then the MDO quickly returned to the closing price at $1. That shows the possibility of a strong rebound for MDO in the bearish market.

Up to now, Midas Dollar Share is still the most stable and high APY pool farm among algo stablecoin projects. The boardroom maintains the level APY> 1000% in 99.99% of the time.

Some memorable milestones of Midas Dollar in March:

  • Midas Share achieved ATH $28,000
  • MDO Circulating Supply reaches…


As promised, the final payment of all 88 weeks of Stakingdome has completed today

To check all tx: https://stakingdome.com/lucky-draws/

Visit our social channels for latest updates and discussions around the Midas Ecosystem:
Blogs:
https://blog.midasprotocol.io
Telegram:
https://t.me/midasprotocolglobal, https://t.me/MidasPR
Facebook:
https://fb.com/MidasProtocol.io
Twitter:
https://twitter.com/MidasProtocol
Website:
https://www.midasprotocol.io
Reddit:
https://reddit.com/r/MidasProtocolOfficial
YouTube:
https://www.youtube.com/c/midasprotocol


After one month from launch, Midas Dollar has achieved notable results 💪strong DAO Funds, ATH $58M TVL, not a single contraction after 100 epochs. In parallel, Midas Gold has been growing strongly. Our community is growing strong and our products are getting known in BSC in particular and DeFi space in general. The strong stability of Midas Gold could not be achieved without the help of MDO effect. With more than $160M locked across all pools on both Midas Dollar and Midas Gold, it is time we move to the next step — strengthening ties between the two projects.

📮…


Dear Midas and Midas Dollar community,

After thorough research about DeFi, the Midas Team has successfully introduced the Midas Dollar Algorithmic Stablecoin project, which will be the first in a series of new products for Midas Ecosystem. Let’s take a look back to what we have achieved in February.

👉Midas Protocol

Updated version Midas wallet 1.9.8 on both Android and iOS. With this version, besides Ethereum chains, users can interact with other 2 rising blockchains in DeFi which are Binance Smart Chain and HECOchain.


Only 3 weeks from launch but Midas Dollar has achieved remarkable milestones:

Today, we are thrilled to announce another great news:

Farm-as-a-Service Pool MDO-bCash 30/70 on vFarm

With Double Reward:

  • 20k MDO in 60 days
  • 365k bCash in 365 days

Reward starts from block https://bscscan.com/block/countdown/5356789 (Wed Mar 03 2021 19:00:00 GMT+8)


We are pleased to announce that MidasDollar.fi has added a login method using Coin98 Wallet Extension.

Coin98 Wallet is one of the most popular non-custodial crypto wallets, along with other familiar names such as Metamask, Trust Wallet, Midas Wallet.. Coin98 Wallet can be used to store many crypto assets on multiple blockchains. Currently, Coin98 Wallet Extension supports coin & tokens on blockchains such as Bitcoin, Ethereum, TomoChain, Solana, Binance Chain, Tron and many other blockchains in the future.

Learn more about Coin98 Wallet here.
Install Coin98 Wallet Extension here

In addition, Coin98.net managed by Coin98 is also a reputable cryptocurrency…


🤝 According to the partnership, Midas Eco — including Midas Dollar and Midas Protocol — will join hands with Bigbom — the AI-based advertisements optimization provider- to build and launch services that could make best of each party’s strengths.

In specific, Midas Protocol will accompany Bigbom in their journey of providing Bigbom’s customers with outstanding experiences. Midas Protocol will integrate Bigbom products to Midas Protocol digital wallet and create a payment gateway using digital currencies for Bigbom.

Moreover, Bigbom will support MDO (Midas Dollar) to become one of the payment methods available for Bigbom’s customers*. …

Midas.eco

Intelligent platform to manage, invest, trade, exchange and spend cryptoassets. Anytime — Anywhere — Secured! MidasProtocol.io

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