Mac&Cheese(XVMC) is a DeFi project built on highly scalable Polygon(Matic) Network.
Despite having a meme, food-like name, mac&cheese Finance is actually trying to solve the two biggest problems of cryptocurrencies and the sole reason they were invented to begin with. Mac&Cheese.Finance has been created to serve as a:
1.) A store of value (XVMC token)
2.) Spread real world usage & adoption
Store of value: XVMC Token
Mac&Cheese token(XVMC) has been created to serve as a completely uncorrelated asset and act as a store of value. It works as a form of programmable money running fully transparently as a computer code on decentralized blockchain network.
XVMC protocol has been designed to preserve and accrue wealth for the token holders.
XVMC runs on Polygon network, inheriting it's security, as well as it's transactional and smart-contracting capabilities. This enables for high transaction times(upwards of 2 seconds) and near-zero fees.
As the protocol runs on the Polygon blockchain, there is no need to issue inflation for miners polluting the environment, nor are there validators to be paid for securing the network. XVMC emissions are ONLY paid to the holders as a reward for their long-term commitment through staking.
Please note that XVMC is not a get rich quick scheme and there are no promises of future value. The price of XVMC is determined by the free market. Interest to stakers are paid in the form of XVMC token. Price for any asset is determined as a function of supply and demand. Note that cryptocurrencies work as computer code that eliminate the need for a trust from third parties. At the same time this heavily limits the reach of regulators, which are(in most cases) trying to protect you from manevolent actors. As a consequence, crypto markets and especially young projects such as XVMC can be highly volatile and are deemed to carry great risks. Make sure to do your own research prior to investing and only allocate capital you can afford losing.
Real world usage & Adoption
Mac&Cheese has partnered with and launched MEME community tokens:
DOGE2, DOGE420 and DOGE69.
These tokens were created to serve as "ADOPTION" tokens. They have no emissions and have been pre-minted. No more tokens will ever be created. Majority of the tokens are held in a smart contract that serves as a treasury wallet(withdrawals are processed with time-delay, guaranteeing safety and transparency for all participants).
The purpose of DOGE2, DOGE420 and DOGE69 is to do the same thing and to become the "Dogecoin of Decentralized Finance(DeFI)". As DeFI at first sight seems even more complex and intimidating than classical cryptocurrencies, DOGE2 tokens will create a fun and easy way for the widest audience possible to learn about the Decentralized Finance ecosystem, familiarize themself with it's mechanic in a low risk environment and interact with decentralized applications and blockchain in a user-friendly manner.
DOGE2 tokens are created to serve as a gateway into the DeFI ecosystem, similar to how dogecoin is the gateway to regular cryptocurrencies(masses of people enter cryptocurrencies by buying doge).
Community Adoption Projects
Please note that the projects are initiated by the community. Anyone can build on the Mac&Cheese finance ecosystem, but there is no centralized team responsible for development. You should have no expectations to make money from the work of others. Want Mac&Cheese finance to be better? Then make it better yourself. Anybody can build and get access to the adoption tokens allocated to their dapp, under circumstance it gets voted by the community and token holders. As you can see for yourself, there are already a variety of projects and tools built around mac&cheese Finance.