MyConstant Token (MCT)

Description provided by the MyConstant Token team:

1. What is MyConstant (MCT)?

MyConstant is a financial platform based in the US and Vietnam, offering a series of crypto investment and lending products. Since its founding in 2019, it has expanded its services beyond peer-to-peer lending to a range of other financial products, and now supports over 200,000 customers worldwide.

Its native token, MCT, was launched in May 2022 with the aim of further developing the platform. MCT holders enjoy special privileges through a membership program that encourages community involvement. The ultimate goal is to create a financial ecosystem for all digital assets.

2. Who are the Founders of MyConstant?

The company was founded by Duy Huynh, a tech entrepreneur, in 2019. Duy has a proven track record in computing and software, winning the USA and Vietnam Computing Olympiad. Before founding MyConstant, he was a software architect at IBM.

The day-to-day operations are managed by CEO Zon Chu, who has over 15 years of experience as a full-stack developer, project manager, and technical director at central US and Asian companies. The award-winning team has grown rapidly since 2019, and MyConstant now has over 50 employees worldwide.

3. What Makes MyConstant Unique?

MyConstant is designed to be accessible to investors and borrowers from all backgrounds, offering various products and services to help people achieve their financial goals.

MyConstant features include:

• Crypto Lend: Earn up to 15% APY by lending selected cryptocurrencies.
• Crypto-Backed Loans: Use crypto as collateral to borrow USD or other cryptocurrencies with rates as low as 0% APR.
• Fixed-Term Investments: Lend USD and earn up to 7% APR.
• Crypto Swap: A quick and easy way to exchange crypto.
• MCT Staking: Stake MCT for up to 18% APR for fixed terms of up to six months.
• Futures: Predict the crypto market to make profits (or losses).
• Short-Selling: Profit when selected crypto prices fall.
• Lending Lottery: Earn 1% APR plus a chance to win prizes of up to $10 million.
• Debit Card: A virtual card that allows US-based customers to spend directly from the platform.

MyConstant has also set up a membership program that incentivizes users to use the platform. The program is tiered, with more rewards for users who hold more MCT.

Membership rewards include:

• Crypto Lend: Earn up to 15% APY.
• Crypto-Backed Loans: Pay as low as 3.6% APR.
• Fixed-Term Investments: Earn up to 8.4% APR.
• Crypto Swap: Up to 90% discount on swapping fees.
• Lending Lottery: Earn up to 1.2% and get up to 4 extra tickets for every $2,000 invested.
• Referral Program: Earn up to $20 and 20% of the referee’s interest.

MyConstant is committed to rewarding 50% of MCT to its community to incentivize participation on the platform further.

4. How Many MCT Coins Will Be in Circulation?

Currently, there are 149,000,000 MCT in circulation, with a maximum supply of 900,000,000 MCT to be released in stages over 3 to 6 months for up to 4 years. The tokenomics are split to serve the MyConstant ecosystem as follows:

• Investment and Seed Funding: 20% of max supply (180,000,000 MCT)
• Core Team: 20% of max supply (180,000,000 MCT)
• Treasury: 10% of max supply (90,000,000 MCT)
• Community: 50% of max supply (450,000,000 MCT)

5. How is MyConstant Secured?

MyConstant ensures data security through two-factor authentication (2FA) and secure password hashing using SHA-256. MyConstant’s native token, MCT, is issued on the Binance Smart Chain (BSC) and follows BSC security policies.

6. Where Can I Buy MCT?

If you’re outside the US, you can buy MCT directly from the website by visiting the “Buy MCT” page. For US-based customers, MCT can be purchased on PancakeSwap. A guide is available for assistance.

By holding MCT on MyConstant, users can enjoy membership benefits, including earning up to 15% APY in real time.