It is our goal to offer our users a transparent and safe place to make their investments. Our UI is intuitive and we have added many helpful features to ensure ease of investmenting.
For example, we are showing a token price corrected by growth of the vault and APR over time, allowing users to quickly check if they have outfarmed price losses. We also show how much profit/loss you have made with your current investment at all times. Any transfer taxes or fees are clearly indicated and we will show you how long it takes to break even at current APR.
Currently we have two fully working systems on BSC and Polygon and are ready to deploy on Harmony testnet. We could launch on mainnet shortly after. Our important contracts are currently being audited by Brewlabs; we are also planning a KYC. We will receive additional audits for phase 2 from either Paladin or Peckshield.
Why Moon Vault?
Most platforms hide costs like deposit fee or transfer taxes and falsely advertise high APRs. Many investors fall prey to those promises. We strive to educate our investors and give them the right tools to make informed decisions; enabling calculated risks instead of gambling. Therefore, our site offers many unique statistics and helpful tools, so that users make investments based on metrics
Proposal ask
We are applying for a standard launch grant and will use the initial capital for marketing, protocol developments and audits.
Would love to see MoonVault on Harmony. They are still a very new project but really innovative. cant wait for the V2 version. this would be a great addition to the Harmony Ecosystem and a safe place for my funds to grow Let me know when you launch so i can put some ONE in your vaults
Moonvault on harmony pleeeease:) Exceptional project with unique tokenomics, a great team and community spirit:) Please check it out everyone! Let’s go!
We are in the process of reviewing your proposal. We would also love to have the Harmony community to keep participating and ask questions and provide feedbacks.
Further, I’ll kick off with a few questions to clarify a few items:
Given that you’ve already enabled Harmony mainnet on your site, has that been audited or still pending?
Did you end up running tests with users on TestNet prior to enabling Mainnet?
Would you be forming a DAO if this proposal is approved?
We mainly tested our contracts with users on BSC and were therefor sure that they will also run fine on harmony aswell, thereby skipped testing on testnet and directly launched on Mainnet.
We already thought about making a DOA ourselfes and are still not determinend if it is beneficial for our protocol and users, but we are still open to it.
Thank you for your reply. It seems that we’re a little misaligned with the milestones from the Guidelines. I’ve included them below-- would you be able to commit to the milestones?
(Note that funding is released after the completion of a milestone, not before)
500 Launches ($20M). Applications of each launch must have prototyped a feature-full product. Harmony helps incubate these founding teams with product development, fundraising, and talent recruit. We recommend a $50K equity-free contribution each:
$10K after launching a feature-complete product on our testnet
$10K after forming a DAO with 5-out-of-9 multisig with our DAOs
$10K after launching on our mainnet with audit
$10K after 1K daily active users (with launch video, full PR promotion)
$10K after 10k daily active users (with a detailed roadmap, governance process)
Due to a lengthy period of time without response/updates, this proposal is declined and will proceed to be closed. Should you revisit interest in our grants program, please submit a new proposal post, thank you.