Magic Carpet Ride 369 (MCR369) is a renowned team delivering a suite of quality-of-life improvements to PulseChain. After spending the last few years educating community members on security practices and key DeFi protocols, MCR369 has launched its own suite of protocols for PulseChain users to take advantage of—including 0xBarista and 0xBuffet.
What Token Does MCR369 Use?
The Magic Carpet Ride 369 ecosystem is supported by its own dedicated token known as the MCR369 token. MCR369 is a dual-chain token, operating on both Ethereum and PulseChain, which is used by all DApps built in the MCR369 suite. It allows holders and stakers to earn passive rewards and generate yield.
MCR369 Features
0xBuffet:
Get Paid in More Tokens: 0xBuffet allows you to earn passive income by staking $MCR369 tokens. This pays users a percentage of the fees generated from the staking pool in a range of different assets, including USDL, BEAN, ETH, HEX, and HDRN.
Flexible Staking: Users can choose to stake their tokens on Ethereum or PulseChain, receiving passive yield on the blockchain of their choice.
No Counterparty Risk: The platform is fully decentralized, eliminating counterparty risk and ensuring that users maintain control of their assets.
0xBarista:
Automated Rebalancing: 0xBarista integrates with Liquid Loans to automate the rebalancing of positions in the Liquid Loans Stability Pool. This ensures that users' deposits are managed efficiently during liquidation events.
Earn Bonus Yield: In addition to the rewards earned by users who stake USDL on Liquid Loans, users earn an exclusive rewards token called $BEAN through the 0xBarista protocol.
How It Works
Remember, always do your own research and verify the tools and platforms you use!