Mozaic - Gold sponsor

2023-09-01

Mozaic - Gold sponsor

Tenset Infinity returns with a powerful new project and 64th airdrop, Mozaic! They join as the latest Gold sponsor of the platform.

Mozaic is an AI-Optimized Yield and Liquidity Strategy platform. Powered by LayerZero, they offer an omnichain solution for users to benefit from the best farming options across many of the top blockchains, and without having to dedicate valuable time to constantly managing it.

Tenset

Mozaic’s AI, named Archimedes, was designed to automate and simplify yield farming, while maximising rewards by regular monitoring and rebalancing. Users deposit into a Mozaic vault, with Archimedes then taking over to rebalance deposits across vault assets, allocate them to the farms with the highest APY, and compound at the most efficient interval.

The machine learning algorithm, which will use Zero Knowledge Proofs to prove that the off-chain data is true and free of manipulation, intelligently considers APY metrics, token prices, fees, slippage, time, TVL and error rates in all of its decisions.

Mozaic’s first vault, Hercules, recently launched its public beta with farming atop Stargate Finance. This automatic stablecoin yield farming strategy currently supports 6 blockchains: Arbitrum, BNB, Polygon, Avalanche, Fantom and Base.

Tenset

MOZ and xMOZ will be used to govern the protocol as it moves towards operating in a DAO like structure. This will allow token holders to make meaningful changes to the protocol's future. MOZ holders can convert their tokens to xMOZ at any time, to participate in the DAO. MOS is illiquid and non-transferable. To redeem xMOS back to MOZ, a user must vest their xMOZ. Trading MOZ incurs a 2.5% fee (buys/sells, not transfers), with 50% going to increasing liquidity, and the remainder going to the DAO treastury.

MOZ will be an Omnichain token, with a total supply of 1 billion. As a gold sponsor of the Infinity platform, they are donating 2.5 million tokens based on the Arbitrum blockchain. The airdrop of MOZ will be distributed over a period of 365 days to all users who locked their 10SET tokens on Infinity premium airdrops.

Note that the token has not launched yet. Users will begin to see rewards on the Infinity dashboard from today, but tokens cannot be withdrawn to their private wallet until after public listing. Mozaic plans to undergo an LBP soon and list the token for trading this month. As the token is based on Arbitrum, a small amount of ARB will be required to claim the airdrop, once available.

To find out more information about Mozaic and their upcoming launch, you can find their official links and social channels below:

Website: https://www.mozaic.finance/

Twitter: https://twitter.com/Mozaic_Fi

Telegram: https://t.me/+NCe-I9kmMdY5MDI1

Discord: https://discord.com/invite/FmQubdAYKW

Whitepaper: https://docs.mozaic.finance/

Hercules vault: https://app.mozaic.finance/


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