ONEMOON is the FIRST moon coin launched on the harmony blockchain. ONEMOON was created by MOCHISWAP developers to be a deflationary currency which burns ONEMOON and HMOCHI rewarding HODLERS. 100% of the tokens were locked to a MochiSwap pool to be fully decentralized
ONEMOON is bringing DEFI farmers over to the harmony platform and allowing users to experience $0.000·001 fees (vs ETH $.308) and 2second confirmation (vs ETH 2minute). ONEMOON is the first coin exposing large audiences to secure sharding with fast consensus and instant finality. ONEMOON is being supported by MOCHISWAP and Harmony holders benefit from adoption of ONEMOON.
5% goes to existing holders of ONEMOON as rewards. 2.5% is used to create permanently locked liquidity between ONEMOON-ONE using MochiSwap LPs The remaining 2.5% is unwrapped, the ONEMOON is burned, and the ONE is used to buy hMOCHI which is also burned.
So each ONEMOON transaction has the following outcomes:- 5% of the fee is distributed as ONEMOON to existing holders.- 2.5% of the fee is used to create permanent/irreversible locked ONE-ONEMOON liquidity- 1.25% of the fee (the unwrapped ONEMOON side) is burned.
You can find this token on DEX https://one.mochiswap.io/#/swap