Thread by @CrossChainAlex

🧵 The market is tough right now so it's time to get behind projects with strong teams, use case and potential. I'm still bullish on #FaaS and here's a thread on @TheCryptoTrian1 $MUDA a #DeFi3 project that differentiates itself from competitors in some interesting ways! 1/12

The business strategy is composed of 3 pillars. The 3 sides of the triangle aim to make $MUDA an easily accessible form of passive income across multiple chains with direct retail onboarding via fiat onramp. The objective is to offer well rounded, safe and profitable #FaaS 2/12

Pillar 1 was launching multi-chain with a custom BEP to ERC20 bridge from day 1, allowing users to choose to invest on either #Ethereum or #BSC, as well as offering arbitrage opportunities to align the market cap on both chains. 3/12

Pillar 2 builds in a retail use case from day one. The team are working with Flooz to enable direct fiat to $ETH purchases and #ETH to $MUDA swaps direct on the @TheCryptoTrian1 website. 4/12

Pillar 3 is the STAY Protocol (Safe Trading and Yield). The treasury funds (collected by buy and sell taxes) will be invested in strategies such as #stablecoins and futures to generate safe, reliable returns for holders ($ETH or $BNB dividends) in all market conditions. 5/12

In difficult market conditions investors need a safe haven for reliable returns. I aim to help the $MUDA team to shape their strategy and also one of the team is a trader with a very strong track record of performing in all market conditions. Here are there personal results. 6/12

Details on the token. Supply is 1T, split across #BSC and #ETH with 50% burned to and ongoing burns that make $MUDA deflationary. Buy/sell tax is relatively low at 4% either way, with 15% for selling within 24 hours of buying - to incentivise holding and boost the treasury. 7/12

The STAY Protocol dashboard will be live soon. The team are close friends and doxxed to one another but are considering a multi-sig treasury wallet to further boost investor confidence. Liquidity is also locked on both chains (currently for 280 days and will be extended). 8/12

There is a good sized team of 6 with expertise across tech, design, marketing and trading. There are no team tokens, they invested like everyone else and having spoken with them I like their approach (some $MCC OGs who want to do #FaaS the right way). 9/12

They've garnered good support from the likes of @BITCOINTRAPPER and @IncomeSharks (check out the $MUDA AMA linked below). @PennyBags_ is also onboard (he made me some good gains back in the day from the Infinity Research group he was a part of).

discord.com/channels/40587… 10/12

I'm confident that more big supporters will be joining soon. The market is tough but these guys are enthusiastic, committed and building. They are realistic and here for the longterm and these are the types of teams I like to support.

https://twitter.com/BITCOINTRAPPER/status/1521445558690455552?s=20&t=pTQzsLkGdXoBQgq5jYOewQ

11/12

I'm advising the project, this is my own deep dive research on the project it is #NFA and you should always #DYOR

📈dexscreener.com/ethereum/0x4a1…
🐦 twitter.com/TheCryptoTrian1
🌐 thecryptotriangle.com/#fiat
📩 t.me/BermudaPreVeri…

Check them out on #BSC and #Ethereum 12/12