Quote from: andiu9999 on Today at 04:26:04 PM

Quote from: gumshed on June 28, 2021, 08:01:58 PM

Quote from: paramind22 on June 27, 2021, 09:10:34 PM

I am still hodling my MVT. Was not aware of the swap from MVT to MDT.

Been in the space since 2016 and I've seen so much incompetence, greed and outright theft/hacks that haven't been that motivated to keep up with every new thing like some people. I've already gone through many skill sets such as electronic music, publishing, C++, Java, Internet consulting back in the 90s. To younger people these ETH contracts are your big things/learning curves, just like with mine, and I've learned a lot of cool new things in the last year but Defi hasn't been one of them. I do want to keep up to speed.

I have used Metamask on and off over the last 10 months or so but not very often.

Not sure what the community involvement has been like in tracking the developments here since August 2020.

I believe my MVT can still be swapped. I would like to do that and see what is going on first hand.

Hi,

The swap from MVT to MDT was voluntary for community members, and while the functionality of the DAO's token mint has been shut off, MDT is still available through uniswap. There is a permissionless MVT/MDT pool, and while there are no tokens in the pool itself, the routers look at the other four MVT pools and three MDT pools to calculate the swap ratios. If that doesn't appeal to you, send me a message. I'll make sure some end up in your wallet. Wink

Moving forward into a multi-token future, MVT and MDT are essentially Value and Governance for the DAO. As we move into Spheres, the integration of these two into Sphere sub-communities in different ways creates the "flower of life" effect, which is replicable, adding to the ecosystem as a whole.

Bitcointalk is great, but there is also a discord server full of information and docs that are getting updated all the time with different information.

Reach out with any questions. Glad to see you still here!

Discord
Documentation

hi, if i have some MVT do i need to exchange it to MDT?

Not if you don't want to. The idea was a 2 token system. Utility & Governance. Different layers of responsibility. MDT allows for decision-making within the deployed dao. MVT is used to extract value from the ecosystem in a fluid way. Both have value and can be used when building, such as with the ACRE contract.

At the moment, both are on UniswapV2 with MDT having a small pool. There is also MVT/MDT pool to swap between the two now that the DAO isn't releasing more MDT.

I hope that helps.

gumshed

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