MONEY MARKET PROTOCOL for MOVIES
DeFi Movie s an open source, non-storage protocol that allows the creation of money markets in the Metaverse “CINEMADROM”. Users can earn interest on deposits and borrow assets for their own purposes.
Producers of a movie projects can receive assets for the production of films on the bail of a Movie Rights for their films, through the NFT tokens of their Movie Projects or the MovieCach Token (MVH), which is an analogue of the Film Property Rights and manages the DeFi Movie protocol.
DefiMovie start in:
Financial freedom always
Decentralized currency with a stable price that you control. Create Lumiere on your terms instantly. Use any assets. Get income based on APY percentage data.
Earn Lumiere constantly
Сreate your a Lumiere in the decentralized protocol and earn deposit income based on a% rate set by the DeFi Movie community, ranging from 5% to 25% per year.
Decentralized governance system
The MVH token holder community manages the DeFi Movie protocol, smart contracts on which the Lumiere is created and interest rates.
A FILMMAKERS (producers) in order to obtain a BORROW may contribute as DEPOSIT exclusive PROPERTY RIGHTS in the form of NFT tokens of their movie projects or MVH or LUMIERE to any film as security for their BORROW.
The community in "MovieLand" DAO decentralized sets the interest rate.
Bring in Deposits and Receive Borrow
Using the DeFi Movie protocol in Metaverse “CINEMADROM”, you can make a deposit, receive interest on deposits or get borrowed funds for your financial transactions or movie production.
How can I increase my capital?
When you make a deposit, you immediately receive your income and interest on the deposit. When you take out a borrow based on your deposit, you pay interest on the borrow. You receive interest and pay interest at the same time. Therefore, it is always beneficial.
Make a DEPOSIT
Deposit any crypto assets available in the DeFi Movie decentralized protocol and create your a deposit. You will immediately receive income from 7% to 25% per annum on your a deposit, depending on the asset contributed. If you have previously issued a stable coin Lumiere you are already receiving income. You can withdraw your deposit and income at any time or withdraw only profit. You can use a profit for your needs.
Take a BORROW
Borrow any a crypto assets available in the DeFi Movie decentralized protocol based on your a deposit. Or deposit the previously issued a Stable Coin Lumiere as collateral for the borrow. When using a borrow, you will deposit from 8% to 27% per annum on your a borrow, depending on the asset received. At the same time, you will receive income from the deposit. You can close your borrow and withdraw funds at any time.
How can I participate in the management of DeFi Movie?
MovieCach (MVH) is a control token in the DeFi Movie protocol. MVH is also an analogue of the proprietary copyright for movie projects of the в Metaverse “CINEMADROM”.
Users who have the MVH token can make changes to DeFi Movie and vote on protocol improvements.
The voting function is built into the user’s personal DeFi Movie control panel. Only members who have at least 1000 MVH on their balance can vote and make proposals. The number of MVH is equal to the number of user votes.
For your vote to be valid, your MVH balance for voting must be the same or greater throughout the voting and verification period.
If you do not have a MVH, you can buy the MOVIECASH token on the Cinemadrom website OTC Exchange.