Welcome, MICRO GAMING PROTOCOL!

Olive Cash

3 min readAug 12, 2021

Dear OLIVE holders on Binance Smart Chain, today we are super happy to be able to offer a new Olive Garden Pool

The Olive Garden MGP V2 Pool:

Stake OLIVE tokens, to earn MGP V2 tokens!

Total Tokens: 2,619,360,000,000 MGP V2

Distribution duration: 500,000 blocks, approx. 17 days

Start: August 16th 14:00 UTC

Token rewards per block: 5,238,720 MGP V2

Token address: 0xdf77539d45abfe4aea13f1240ef82b991ee0f023

What is MICRO GAMING PROTOCOL?

The decentralized future of eSports is here. For gamers, by gamers. Buy now and be a part of it.

TOKENOMICS

The initial supply will be 1,000,000,000,000,000 coins. About 50% of the initial supply will be burned manually in the first months after the launch of MGP v2.

For each transaction carried out a 12.5% fee is incurred. This fee is then split between several uses: 5% will be transferred into the Pancakeswap liquidity pool to stabilize the price movement of the currency and to prevent the liquidity pool from being drained. 3% * will be transferred into a prize pool wallet from where tournament winners or players who successfully finished certain in-game achievements will be paid. 1% of every transaction will be burned. This will make MGP coins more scarce and lead to an increased value over time. 1.5% of every transaction will be evenly distributed between all wallets that hold MGP in the moment the transaction happens. 2% * will be transferred into a marketing wallet to pay for future exchanged listings and marketing campaigns.

For each sale there is a 20% sales-tax being charged. This fee is then split between several uses: 7% will be transferred into the Pancakeswap liquidity pool. 11% will be rewarded to all MGP holders, but it’ll be swapped to BUSD. This means free BUSD for all MGP holders with every sale. 2% * goes into the marketing wallet.

The parts for the marketing and prize-pool wallets will be directly swapped into BNB with every transaction. This way we don’t have to sell any MGP out of these wallets which would dump the price every time we need something out of them.

MICRO GAMING PROTOCOL Social Media

Website: https://www.microoo-gaming-protocol.org/

Twitter: https://twitter.com/mgp_token

Telegram: https://t.me/MicroGamingProtocol

Instagram: https://www.instagram.com/mgp_token_v2/

Youtube: https://www.youtube.com/channel/UCuW0xKX9_c0aYyPqIgkJxJQ

How do you stake OLIVE to earn MGP V2 rewards?

If you own OLIVE tokens, congratulations! You’re the master of Olive Garden. Time to become rich and start with learning how to stake OLIVE with Olive Garden Pool.

Visit this webpage: https://olive.cash/pools
Click “Approve OLIVE” on the MGP V2 Olive Garden Pool.
Click on the stake button.
Confirm the transaction!