⁉️FAQ

Why does Minotaur.Money exist?

We believe that a reserve currency denominated in assets native to the Cronos Network will be very strong, and we have novel ideas to ensure success and be different! Our team is well equipped to manage the tokenomics of a reserve currency, and we have promising ideas regarding tokenomics and treasury management.

I see that there is a transaction tax! How do I avoid it?

There is a transaction tax only on transferring MINO to LP pairs. This is intended to be applied only to MINO selling transactions. However, without a helper contract, this would also tax LP formation. To avoid the MINO transaction tax on LP formation, please use the Liquidity Helper on our website.

Who is on the Minotaur.Money team?

We are an anonymous team with experience running multiple DeFi projects. Our core team currently consists of one project lead, two developers, and one designer, but at any given time, several others may also be working on the project.

What makes Minotaur.Money different?

We are one of the first decentralized reserve currencies that has instituted a Transaction Tax! This mechanic charges a 6.66% penalty for selling MINO to LPs that is redistributed proportionally to all stakers. The transaction tax is exempted for such productive actions as staking, unstaking, and buying MINO.

We have also implemented Fractionality code that provides more flexibility than other OHM forks in terms of treasury deployment. We have an increased ability to deploy our treasury to earn profit in other ways!

Is the Minotaur.Money code buggy or exploitable?

Our code is a fork of Wonderland.Money with relatively few modifications. Wonderland, in turn, is a fork of Olympus Dao (OHM). Those two protocols have very high TVL, so there is a very large reward available for anyone who is able to exploit these protocols, but no one has been able to do it yet.

Is Minotaur.Money audited?

Although our team consists of solidity experts with experience in multiple projects, we have not completed an independent audit at this time. Therefore, please be careful! We welcome independent community code reviews.

Hang on... is purchasing tokens from the protocol called "Minting" or "Bonding"?

Both. Olympus DAO calls it "Bonding," and Wonderland calls it "Minting," so we call it "Minting/Bonding." Both terms represent paying the treasury for bonded tokens that are vested over 5 days.

Where can I find your AMA info?

Here are links to our AMAs:

I have more questions. Where can I find the answers?

  • Ask us via the social media channels on our Links page

  • Get in touch with us via our Contact page

  • Check out the Wonderland.Money documentation, as our code is forked from Wonderland

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