it is absolutely true that there are so many different ways that you can generate passive income with the rise of Technology algorithms and Bots it is absolutely certain that you can actually generate income more now than ever before now within the digital space within the blockchain space and the cryptocurrency space there's a term called Bots Bots has been around for a long time and within Bots there is something called flash loans Arbitrage essentially you have the ability to borrow digital assets look for a buying opportunity at a low price on one exchange and then sell it on another exchange and yield a profit now all sound complicating and all but what if you can actually take advantage of this through an algorithm and having it done on an automated level this is actually what mukwon is all about so in this video we're going to do a quick review on a D5 protocol how this community is able to actually help you generate a 7 to 15 percent reward every single month by participating in this protocol stay tuned and you'll learn about what moocont is all about foreign guys welcome back to passive income group where we show you some of the best ways that you can generate passive income right here in the digital space my name is Tuan and if you haven't done so yet make sure you hit that like button subscribe and then ring that Bell so that way we can notify you every single time that we have a new video uploaded right here on this channel today we're going to do a review on mukwon interesting name but it's a D5 protocol that I was introduced to about three weeks ago and I took my time to research it because quite frankly when it was first deployed they didn't have all the things that drove confidence for me there wasn't an audit uh the smart contract wasn't verified yet and if you're new to the blockchain world what that simply means is that the code was actually held private essentially what that actually means is that you couldn't actually look under the hood and see how the how the whole protocol or how the project was being ran it was hidden and just recently in the past two weeks they went and undergoed a audit number one and number two the code is officially now verified so simply what it means is that now the code is open source you can now look at the code and be able to identify how the whole project is ran now in the beginning when I first looked at the project it looked very complicating but once you kind of understand the flow chart of how the project Works which I'm going to go over with you in a little bit then it simply makes a whole lot of sense that there is a potential opportunity to participate here in a scalable project now let's kind of go through it really quick here now here is the actual website here if you don't have the website uh the link to the website will be found in the info section now you can't just take this link and paste it on your browser this is what's called adapt which is a decentralized application which what that means is you're gonna need a metamask wallet if you don't have metamask you can use token pocket if you don't have token pocket you can use Save pal if you don't have save file then you can use trust wallet all of these wallets I just mentioned are D5 wallets that actually has a browser that's built in that allows you to navigate and operate different smart contracts out there and so you're gonna need one of these walls now if you don't have any of these wallets above will be a link where it'll show you how to set up your metamask wallet and then also moo Quant is built on the binance smart chain in other words if you are downloading metamask wallet and you don't have Smart chain Network you're going to need to add that right above will be a link and that's going to show you how to set up your smart chain Network inside metamask it's really easy it's simple you just have to follow the instructions on the video now once you've done that you're going to actually need usdt a beep 20 to participate and in order for you to be able to do transactions on the smart chain Network you're going to need BNB bet20 or BNB smart chain and that's pretty much blockchain fees you just need a little bit inside that wallet so that way you can interact and do different transactions on the blockchain now again this can be complicating if you have any questions drop a comment below again my main objective is to educate you on what uh and how to navigate in this D5 world okay let's continue quantitative Community fun so how does uquant work well first of all they are a D5 uh project which means that everything is executed through code it's not a centralized entity it's not a company it is simply put lines and lines of code that operates on the blockchain and when I first learned about it like I said earlier it was very complicating and then when I started studying it I started understanding how the whole thing works now I'm not going to do a crazy presentation you I'm going to share with you what I believe that is the most simplest way that one a simple person that says hey explain it to me how it works but also somebody that is uh likes the complexity side will actually appreciate this as well so I'm going to kind of talk to both of the both of you guys okay so here in this chart this is going to give you an idea of how the protocol works new Quant profit sharing model so let's kind of start here on the left side so this is you and let's say for example you decide that you want to participate with this protocol you can actually make a stake or you can make a deposit and farm the Muk token as simple and as little as 10 usdt bapt 20. so you can do as low as 10 usdt and you can do as high as 30 000 usdt now the number is not really important but let's kind of walk you through this so let's say you make a deposit of 10 usdt once you make a deposit you're gonna be able to see that your usdt goes into a liquidity pool and it's actually reserved there and it's locked in there only for one purpose only it's designed for swapping so what are you or the community swapping with so you got this usdt in this pool it's locked it's only designed for swapping so what do you swap it with you swap it with their token m-u-q-t so this is the protocols token and when you make a deposit at the same time a equal amount of muqt token equal value of the token is locked in a vault for one year when you actually have it in this Vault it's going to go for duration of one year and you can either re-lock it and continue the reward after a year or you can unlock it and stop the reward and it's going to be paid back to you 10 a month until paid in full okay so you have a choice now it's going to pay you back in muqt and then you can swap it for usdt now what are you going to get every single month well depending on how much you actually stay baked or made a deposit you're going to earn between 7 to 15 percent a month in muqt Rewards paid out to you daily against seven to fifteen percent a month depending on how much you stake or make a deposit now when I first saw this I thought to myself if you've been around the block this is a very typical scenario okay basically what I see here when I first learned about it is that somebody makes uh someone makes a deposit that usdt goes into a pool and you're earning a reward token every single day now what ends up happening is as the community gets bigger a month two months five months six months later new members would come in would make a deposit and then they would be earning reward token but you who came in early would be receiving more tokens than the new person eventually you'll be swapping your muqt for usdt and eventually you would be draining the usdt out of the pool putting the new members in a situation where they are stuck with the tokens but no liquidity to swap it with this is a very common thing now I will say this is that I believe that as you're watching this video know the fact that here's my income disclaimer that everything I'm sharing with you is educational purposes only my goal isn't to be too biased or be able to actually convince you in One Direction but to be to tell you honestly my opinion where and what I believe this project can do or how sustainable it is um the cryptocurrency and blockchain industry has been around for 10 years and although it's been around for 10 years it is still the what we call the Wild Wild West quite frankly most of the projects that are out there even well known reputable projects out there have been shown to be unsustainable because there's an econ there's an economic development within this uh within this market and everyone's still trying to figure out how to make it sustainable so as you are watching this video just know that if you decide to participate make sure that you are participating at your own risk this video is truly for educational purposes only and I do want to remind you that cryptocurrency is risky and you could definitely lose all your money now having said all that that what I just shared with you earlier is a very typical kind of flow chart of what I believe is not sustainable with mukwon when I started learning about this other side of the flow chart was when I really had my ears perked up and my eyes were more open because I saw something that potentially could be more sustainable so let me proceed while you actually make a deposit of usdt or stake that usdt to farm muqt token a small percentage which is this 100 minus X percent this variable right here this is act this small percentage is being moved and invested to develop out an infrastructure this infrastructure is designed to actually make the project more scalable more long-term more sustainable how do you do that well basically they've put together a system called flash loan Arbitrage simply put what it means is that being able to have the smart contract to do search and scans and identify buying opportunities in decentralized exchanges finding tokens that are at a price that are ex that are great buying opportunities on one exchange and then finding that same or similar token on a different decentralized exchange and selling it at a higher price and be able to yield a profit and from this at the same time using a flash loan so for those of you that are new and you're thinking yourself what is a flash loan well flash loan is the ability to borrow digital assets from an exchange identifying a buying opportunity finding a selling opportunity and being able to actually complete that transaction all of which paying back that digital asset right away instantaneously this entire process can be done within three seconds now the flash loan will not work unless the math makes sense in other words in order for you to borrow the loan you have to be able to identify a token that is at a great buying price and be able to sell it on another Exchange and be able to yield a profit but have enough to pay back the loan with the fees involved if the math doesn't make sense you cannot borrow the digital assets and so why is this important I'll explain that in a few minutes basically this variable this small percentage is deducted out to build on infrastructure to develop more servers to increase computing power and speed so that way they can be able to identify Arbitrage opportunities and in order to do so they'll be able to borrow a flash loan which is a token a finding a buying opportunity on a decentralized exchange like pancake Swap and be able to buy that token at a good price token B and be able to find a similar token on another decentralized exchange and selling it yielding a profit while paying back the flash loan so once there is a reward that is available that reward is swapped to usdt and being able to pay a a percentage that is able to go towards rewards to the community as well as uh whatever's left over is added towards the liquidity pool so that way there is more liquidity to be able to provide more to the community members for those that need to swap their muqt now I know that's a mouthful and for those of you guys that are new to D5 know that you're like Twan I have no idea what you just said I will say this what this signifies is that if they can pull this off this means that they have an ability to increase the liquidity for the members and for the community so that way there's more of a runway for the airplane to take off the airplane represents the token most of these projects don't last more than three to six months why because they're very experimental they're not sustainable and they're not sustainable for that one reason I said earlier there will come a time where the old members of the community will swap so much because they have more tokens than the new members and they will drain out the liquidity unless there's a way to increase the liquidity pool and this flash alone Arbitrage is a very clever way to do so upon my research I wanted to make sure that all this was transparent and verifiable and so as I started doing research I started finding out that because they are actually doing Arbitrage transactions and opportunities with with the decentralized exchanges you can see all of this on the blockchain so going back to the website now if you don't have the website like a like I said earlier you can go to the description section grab the link and be able to paste that in either your metamask wallet or your token pocket save pal or trust wallet and you can go in here and you can start researching yourself when you click on Arbitrage you'll be able to actually see different options right here you can click on mevbot and here you'll be able to see transactions that are actually being done to generate rewards to add toward the liquidity pool now there's an entire video that explains how to read this in the description section I will include that link to that video so that way you can watch that in this video I want to keep it very brief but right on here you can actually see the entire transaction uh right here right in front of you so this is the wallet address of where the flash loan is and you can see that a 12.5 of BSC USD was actually borrowed and you can see here that this token was purchased kmt uh 19 000 sorry 19 million 453 651 of these tokens was purchased and then eventually it was actually sold and you can see right here it was sold right here and then you can see that there it is paid back the The Flash flow is payback this is 0 6 16 this is the address of the same address of where the flash loan was created so you can see there's a payback plus the fee and what's left over which is the remaining amount the reward 1.323 which is really not a whole lot uh was actually sent to this address which is where the liquidity pool is now again I will include the link to a video that does a complete walkthrough on this just want to give you a quick overview on how a brief overview how this looks like but as you can see here these are transaction after transaction after transaction and these are low numbers but these are being done uh these transactions can be done within three seconds at upon my research I found out that they'll be releasing multiple different Bots doing multiple different transactions and the goal to increase the liquidity pool and the rewards pool to make this more sustainable what does this mean for the whole entire project well what that means is that you don't have to learn how to do Arbitrage trading you don't have to learn how to identify different tokens buying it on one exchange selling on the other all of this is actually done on an automated level and in return this reward is shared amongst the community how can you participate and be able to take advantage of this reward sharing model well when you make a deposit and you stake or you farm you're going to be able to receive muqt token on a daily basis again it's going to be around seven to fifteen percent a month paid out daily you can claim it I'll show you how that looks like in a little bit but behind the scenes these Flash Arbitrage are being done it's added to the pool and you can actually share the share a piece of that through their rewards token I've been in this space since 2016. there's a high chance that everything is very experimental and it could be risky what I do see here is the opportunity here that can be sustainable longer and it could be it could give enough Runway to allow the token to be able to actually grow and be able to actually reach a value level that is absolutely astonishing and so what are other key features that can do that well when you scroll down and you're able to actually see the max supply of this token uh that's ever going to be minted is 18 million which is 3 million less than Bitcoin at the same time uh it has a burning mechanism already 2.63 K has been burned already in the last three weeks and the way how it gets burned is that every single time that someone receives their reward token of muqt and they want to be able to swap it on moose swap okay right here every time that they want to swap it they can swap it for usdt they can swap muqt for usdt and they can do so at any given time when they do so 94 of the token that was swapped will be burned over time this will increase the value of the token due to the fact of lowering the total Supply at the same time out of that six percent four percent is going back to the technology for development and then two percent uh is actually going to whoever referred you okay the referrer is going to earn two percent of that so that there's a little incentive for those that want to be able to share and be able to expand the community of mukwon and you can see right here that it's the the protocol started not too long ago back in June 21st and it's been steadily going up over time and the reason why is because of how the protocol is designed remember every time that you swap from muqt for usdt 94 of your muqt will be burned and that will overall increase the value of the token now that doesn't happen automatically just because you burn a token that doesn't mean it's going to go up automatically however there is an auto rebalancing system which what it does is that it allows this opportunity or this protocol to be more sustainable in other words there's always going to be a balancing system that's going to make sure that there is enough usdt for the amount of muqt that is cert that is actually circulating in the market the third thing that I think is very interesting is that when you receive your muqt token you have it's going to arrive in your section of where it says locked so you can see right here that you can actually claim this token when you claim it you're it's going to go into your metamask wallet and every time you claim over time it's going to increase the value of the token as well currently right now the muqt token is not available on any decentralized exchanges right now however it will be in the next few months uh on pancake swap up until then the only way that you can actually get the muqt token is by minting it so how do you get started with minting simply put once you actually put in the link inside your dap browser with either metamask or token pocket trust wallet or save pal you want to be able to go to lock and right here you can actually put down how much that you want to lock inside the D5 protocol so if you're going to put 10 let's say you want to put 10 usdt in you're just going to put 10 right there press lock and then once you're done it's going to prompt you to actually confirm that you are going to actually participate in this protocol so go ahead and confirm once you confirm it and it's going to reflect right here you can see that the 10 added to the 1000 usdt and now you are ready to go it's that simple so guys there you have it this is a review on the moocont protocol I know I spent a little more time than usual I've had quite a bit of people that actually ask me what are my thoughts on this if you ask my personal opinion on it I think it is a protocol that looks quite interesting uh they a few weeks ago when they first rolled out I was actually unsure about it and the reason why was like I mentioned earlier the contract wasn't verified number two that there wasn't an audit however recently in the past week and a half they have been audited by coins coin scope so you can go ahead and actually click on open report and I will actually have the link to all the details uh in the description section you can look through this and then also at the same time time they have gotten their code verified so now it's an open source and you can actually read through that I will say this also at the same time the reason why um I think that this is a very interesting pro project however I would actually make sure to still be able to participate cautiously if you decide to ever do so um I would say so because within this audit there are a few things in there that is still I believe that they are still working on this is currently in pre-launch they want to continue to strive to be able to make sure that people can feel confident to trust the code and allow the D5 protocol to do what it's supposed to do and uh This what I this audit is what I consider a soft audit it's just enough to show people that hey you can trust them for for for what they are doing they're releasing things slowly but again I would always say like any cryptocurrency project out there make sure that to do your due diligence do your research and don't ever go crazy with any project only put in whatever you feel you can afford to risk so with that guys this gives you a quick review on what mukwon's all about I will continue to do an update if you like this video give me a like subscribe ring that Bell and look forward to giving you an update on this project very soon thank you foreign