Moonbirds Finance’s AMA Transcript

On March 1st, we had an AMA with the team behind the Non-Fungible Moonbirds collection, Moonbird Finance.

As you may know, on March 03th, the Non-Fungible Moonbirds collection sale started on Liquid Collectibles, so it was an excellent opportunity to have Bird Person and Buff Bird from the Moonbird Finance team answering questions and bonding with our community on Telegram.

So, without further delay, here you have a summary of how it went.

Knowing Moonbird Finance’s Team

The core team at Moonbird is mainly composed of 3 caring birds. Buff Bird, their dear Marketing Manager, Birdtoshi Nakamoonto, their Solidity and backend developer, and Bird Person, the Lead developer. Even though the core team is small, there are plenty of additional contributors: Birdloco, their lovely designer, and Mr. Birdcilvester, the amazing artist behind the NFT collection (who also happens to be Bird Person’s brother), as well as a great community of bird helpers and advisors that provide a smooth flocking!

All of them have a fun past together too! Birdtoshi is actually Bird Person’s roommate, and they got into crypto together. They started investing in crypto during the 2017 ICO boom. Then followed into some degen plays and farming in 2020–2021 to finally understand tokenomics and the ecosystem to build Moonbird from the ground up. Together they make a great team, compiled with complementary qualities to create perfect synchronization and harmony to push Moonbird forward.

Buff Bird was introduced later into the family, yet he is as core as the two founding birds. With a lot of marketing knowledge and passion, he continues to deliver a lot of value and hype to their community. A savvy crypto investor and a caring bird, he’s getting all of them ready for their future moon landing.

What is Moonbird Finance, and how was it created?

It first started as a fun thought experiment with Birdtoshi and Bird Person. They began to think about the beauty of BTC tokenomics and the crazy use cases of DeFi and all the interesting projects released at that moment, and the idea just kind of came to life naturally.

The idea was to mix some aspects of Bitcoin monetary policy, like a max supply of 21M, halving every 210,000 blocks, while including some of the latest trends of DeFi, such as reflect token mechanics that include charity, passive farming, auto liquidity, and burns. Moonbird also includes staking and liquidity farming within its protocol.

All in all, they just wanted to shuffle Bitcoins monetarily with some insane burning mechanics and all the crazy innovation within the DeFi ecosystem.

What about the Non-Fungible Moonbird collection?

Their collection is made up of 8,888 NFMs; each NFM has its unique traits constructed by a possible 85 different character properties. Each NFM has varying rarity scores. Within the collection, there are four extremely special one-offs; they consider these the future “Apollo 11” of the birds: they are the rarest and have the best possibilities of reaching a place where no bird has been before: the moon!

They are exploring different utility options; in the future, they will consider creating a governance proposal to use some of the MBIRD funds in the charity wallet to create a ‘Stake NFM for MBIRD.’ They are also looking into different possibilities for how NFM could interact with our upcoming Smartbird protocol.

The future endeavors at Moonbird Finance

They are launching their new Non-Fungible Moonbirds! This is their next first step to creating a Moonbird ecosystem and building a loyal bird community. Nevertheless, this is not where they stop.

After the NFM launch, they will continue developing SmartBird, a protocol that they like to call DeFi 2.1, the evolution of reserve treasury-backed assets. The core concept of SmartBird revolves around the creation of two treasuries instead of just one as most (if not all) reserve currencies around.

SmartBird will have one Risk-Free value treasury to back the value of SBIRD, the APR and the minting of new collateralized assets, and a VC/Yield type of treasury which will constantly explore new investment opportunities while compounding its gains into the Risk-free value treasury consistently to increase the collateral behind SBIRD and its value over time.

SmartBird and Moonbird will interact closely, creating a positive feedback loop between both tokens.

Integrating DeFi 2.0 with their existing MBIRD token: how will that work?

There will be some key components on how MBIRD and SmartBird interact

Firstly, MBIRD will be the governance token that votes on how the VC treasury of SmartBird will be allocated. This means that MBIRD holders will have a big say on how the ecosystem treasury is used and deployed

Secondly, The yield treasury at SmartBird will use its earnings as follows: 50% to buyback and burn MBIRD, 40% to compound, and 10% to Risk-Free value. This means that MBIRD will constantly have buy pressure from the yield treasury at SmartBird, creating a positive feedback loop that could translate into Moonbird also being backed by such treasury.

This is just the beginning, as they are constantly looking at ways to evolve and adapt their ecosystem to run more efficiently.

A sneak peek

They do have a Moonbird music video on their pipeline. They trust it will blow everyone’s mind! It has some great tunes and production, and they can’t wait to share it with everyone.

On top of this, you can surely appreciate how their marketing has been ramping up over the past few weeks and will only go upward from here.

They love the BNB Chain NFT space. All the projects are so supportive, and they admire everyone’s effort to create a safe space for investors and creators. Moonbird is constantly building partnerships and collaborations with all the top BNB Chain NFT collections and also some good protocols around the block.

Community’s questions

kingofanymous: Will Moonbird have extra features for the sustainability and continuity of NFTs? Such as awards or privileges for holders.

Buff Bird: Yes, of course! We will constantly be thinking of innovative ways to create longevity for our NFTs, such as staking MBIRD for NFMi and possibly staking NFM for MBIRD. There will also be a community wallet! This will leave the community to make decisions on what to do with it. Maybe to sweep the NFM floor? Airdrop NFM holders? Buy other projects NFTs and do giveaways? The possibilities are endless!

M¡kkel: Question about Smartbird: why are the SBIRD tokens backed and not pegged for $1?

Bird Person: SBIRD is backed by a treasury but not pegged to $1 as this gives the possibility of a rise in its value which is part of what investors look for.

Till what percentage will the burn happen to MBIRD, since it gets deflationary thanks to SBIRD.

Bird Person: The burn of MBIRD will happen indefinitely. Although our community will vote on the path forward in regards to how the VC treasury will be used. So it is exciting to see where the community will lead us.

Can you tell us a bit about your plans in Phase 4, since you will gamify? What role will the birds play in it, and can we expect something special for the Apollo 11 there?

Bird Person: We have not decided yet how the gamified part will be, so we can’t really answer this one yet.

Last Question: Why did you choose LiquidCollectibles to offer your precious Birds?

Bird Person: We decided to launch on LICO as we think it’s an amazing platform and has a revolutionizing way of looking at NFTs. We believe the fact that you can have liquid NFTs opens the door to limitless possibilities.

xch: What is the biggest challenge you face currently in terms of becoming a successful project or company?

Buff Bird: Creating a positive community is crucial! We are really trying to create an innovative ecosystem here at Moonbird! And it’s a process! So having a supportive community that can handle the ups and downs of crypto is so important! We are lucky to already have a loving community of birds, and we can’t wait to grow our nest for you all 🧡

Victor: What’s the MBIRD daily emission, and when will the last emission take place? When will you reach the maximum supply of 21M tokens?

Bird Person: Now, the emission rate is 0.1171875 per block or 3,375 per day. If you don’t take into consideration the burns, MBIRD will continue emitting for the next six years until it reaches the max supply of 21M. But, with our continuous MBIRD burning, it will never get to 21M.

ihsan — [CryptoCoinTR]: Security is very important to me. What security certificates do you have

Buff Bird: So Moonbird was successfully audited at launch by HashEx. You can find the audit in our docs! We will definitely be auditing our upcoming Smartbird protocol. Security is important to us!

Stay tuned on their socials to keep up to date with all the latest news!

Twitter: https://twitter.com/MBirdFinance

Telegram: https://t.me/MBirdFinance