Introduction

MoonRat is an innovator and the first to bring the EarnBNB and anti-whale mechanisms to holders on the Binance Smart Chain network. MoonRat is a community-driven, fair-launched decentralized finance project and aims to bring passive income to holders.

MoonRat is the first project on the BSC network that rewards holders of Binance Coin (BNB) in a frictionless manner. Unlike traditional DeFi, holders only have to hold their coin in their wallet and claim their BNB weekly depending on their cycle.

Tokenomics

Total Supply: 1 Quadrillion $SMRAT

• 80% for the fair launch. We add 80% of token to LP on Pancakeswap

• 10% for burn wallet (already burned 10%)

• 1% for airdrop

• 1% for foundation

• 4% for marketing

• 4% for team

What Is EarnBNB

They invented the EarnBNB mechanism. Now, this mechanism may seem common on BSC after many projects have tried implementing this!

While creating and perfecting the BNB Reward Pool, they ran multiple testnets to figure out the best implementation for the EarnBNB feature. They tested daily and even hourly claims with their community participants and observed ways the pool was affected by different time frames and also how whales were given benefits over smaller holders.

After the 3 testnets we settled on features that were best suited to keep the BNB Pool healthy and to benefit smaller holders and protect MoonRat from some possible negative effects of whales, like weekly claim cycle and 20% fee on large BNB claims from the pool used to buy back and burn SMRAT.

You collect BNB by accessing the dashboard page at https://app.moonrat.finance/#/dashboard

More Information About EarnBNB

4% of every transaction is taken and re-distributed to all MOONRAT holders in $BNB. You will have to wait for a specific duration called cycle (about 1 week) to collect your BNB reward.

In this waiting duration, if you continue to add more than 2% (threshHoldTopUpRate) of your $SMRAT balance, the waiting duration will proportionally add up with the cycle. (If you sell $SMRAT, it does not affect your cycle) For example, on the first day of your cycle, you add up more 5% $SMRAT, you have to wait: 5%*7days = 8,4 hours more. That means you can collect BNB after 7 days and 8,4 hours.

But if the threshHoldTopUpRate >= 100%, the waiting duration will add up max to 7 days.

For example, on the first day of your cycle, you add up more 100% $SMRAT, you have to wait: 7 days more. That means you can collect BNB after 14 days.

This will prevent cheaters who try to add more $SMRAT at the end of each cycle.

How many BNB can I collect

You can collect the amount of the BNB based on the ratio of $SMRAT you hold/the total BNB pool.

What is the BNB pool

4% of every transaction is taken and re-distributed to all MOON RAT holders in $BNB. This amount of BNB called the BNB pool.

What if I don’t collect BNB reward in my cycle

If you don’t collect at your cycle and other holders claim, the BNB pool will reduce. So then the ratio of your $SMRAT/BNB pool reduces as well. That’s why you should collect as soon as your cycle is ready.

How to Earn By Holding

You just need to buy SMRAT, hold it, and then collect reward weekly on the dapp.

You will have to wait for a specific duration called cycle (1 week) to collect your Weekly Reward.

Instant Dividend Share = ( Token you hold / Total Supply)*100. For example, you hold 1% of $SMRAT, you can withdraw 1% of the BNB reward pool.

How does Earn By Holding work

X% of every transaction is taken and added to the Weekly Reward Pool.

Rules of collecting Weekly Reward

Rule 1: In this waiting duration, if you continue to add more than 2% (threshHoldTopUpRate) of your balance, the waiting duration will proportionally add up with the cycle. Selling tokens does not affect your cycle.

Rule 2: But if the threshHoldTopUpRate >= 100%, the waiting duration will add up max to 7 days. This will prevent cheaters who try to add more $EBUSD at the end of each cycle.

Collect BNB Tax

After rolling out their first testnet, they recognize that top $SMRAT holders have more advantages when collecting BNB than others. Following the philosophy of building a pure community-driven project. We introduce a new tax feature.

If you collect more than 1 BNB, 20% of it will be used to buy back $SMRAT at the market price and burn them immediately. This feature helps deflate the supply and increase the price of $SMRAT for long-term $SMRAT holders.

Transactional Tax

With $SMRAT, each transaction (buy/sell or wallet transfer) has a 10% tax where:

• 4% of every transaction contributes toward automatically generating further liquidity on Pancake Swap. Benefiting long-term for MOONRAT holders the most!

• 4% of every transaction is taken and re-distributed to all MOONRAT holders in $BNB.

• 2% of every transaction is taken and re-distributed to all MOONRAT holders. The burn address is also a holder thus each transaction helps deflate the supply.