Thread by @MiddleChildPabk

While the team is working on the ETH side, I bridged $MCC & $USDT over to #BSC (I'll end up having nodes on both chains)

To create a President node
MCC = 108,300,000
USDT = 5,000

Wanted to give some feedback after creating one

Thread 🧵👇

https://twitter.com/MulChainCapital/status/1493386146700836866

108,300,000 MCC at current prices is only $3,520 ($1,480 off the original $5k amount)

Because MCC holders are still trading, and some decided to "sell the news/launch"

So right now it's even cheaper to pick up the 108,300,000 MCC tokens for a President node

My President node will earn 2,600,000 MCC tokens per day

At current prices, that's 2,600,000 x 0.0000325 = $85 worth per day

Per month $85 x 30 = $2,550

And that's if the price stays at the current price when I created the node

To find out what your value in dollars will be each day, you take the amount of MCC tokens you earn each day, and multiple by the price of the token at that given time

The earned MCC amount will stay the same for each NFT node

Why are nodes producing different amounts for different people or if you buy multiple nodes, but at different times?

You earn a 1% fixed amount of MCC tokens in a dollar value associated with the node value at time of creation

Example..

I created a President node at ~0.0000325 price

It will always require the same amount of MCC tokens to create a node, which is 108,300,000 + 5,000 stables

108,300,000 x 0.0000325 (price is MCC when I created the node) = $3,520

$3,520 (MCC) + $5,000 (stables) = $8,520

1% of $8,520 = ~$85

$85 of MCC at the price of 0.0000325 is about 2,600,000 MCC

So, since the 1% daily ROI earned per node is in fixed MCC rewards, my daily MCC rewards are 2,600,000

This will be the same forever

The value of those will go up & down with the token price

So it does NOT matter when you make a node. You will always get 1% ROI based on how much it cost you to create a node at that time, associated with the current market price of the MCC token

So to get any confusing cleared up..

The original thought was, since it will cost $10,000 for a President node, 1% should be $100/day

But since the amount of MCC is fixed at 108,300,000 to create a node, the cost of that MCC varies depending on the market

Examples

108,300,000 MCC at:
- different prices
- node cost
- 1% rewards if those nodes were bought & created at these prices
* +5k stables

To show what it looks like when you buy MCC tokens at different prices in the future and create nodes then at those respective prices

👇

MCC price 0.00003 = $3,249
*Node cost = $8,249
1% = $82
$82 worth of MCC when node was created = 2,750,000
(2,750,000 x 0.0003 = $82)

MCC price 0.00005 = $5,415
*Node cost = $10,415
1% = $104
$104 worth of MCC when node was created = 2,083,000
(2,083,000 x 0.00005 = $104)

So you'll always get the same amount of MCC tokens each day for your node depending on when you created your node and what price MCC was at.

So the 1% is fair and equal for everyone, relevant to your node.

When the price of MCC goes up or down, the amount of MCC your earn each day stays the same, but the value in dollars goes up and down.

So if you get 2,750,000 MCC per day (originally at $82), the tokens you earn that day could be worth more or less.

When $MCC hits a 1B market cap

The price would be ~0.00035

So that 2,750,000 x 0.00035 would be worth $962 per day

& if you hold the MCC earned today (valued at $82) & sell it at 1B MC, then all the MCC reward days end up being worth $962/day instead of $82/day

Hopefully this gave some clarity and didn't cause additional confusion 😅🙏

Basically, everyone gets a fair 1% on nodes, MCC daily earned tokens are fixed to the day you create a node, earn passive income while the team farms for us, sell after we hit 1B MC for huge gains 🍻