This page details the weekly proof of concept for MN Coin showing the power of saving in a deflationary currency such as MN. Each week on Friday, we swap .001 BNB for MN at current market value via DEX exchanges. Or attempt to, as circumstances allow.
Below is the full week after week list and swap value showing the week over week power of saving regularly in a deflationary currency such as MN Coin. Exchange rates can fluctuate based on market demands, but the underlying monetary policy of MN Coin is fixed. The point of this proof of concept is to show the power of saving regularly in a deflationary currency and the exchange rates of 0.001 BNB of MN over time (0.001 BNB is about 50 cents in USD).
We make no guarantees or statements about the exchange rate of MN Coin, and therefore its current value. But we hope to prove that a monetary policy based on deflation can be of value to savers and those looking to save for their future.
This proof of concept for MN Coin is done through the Temple of Saturn wallet and the funds may be redistributed to the MN Treasury System as a donation, but no decisions have been made as of yet. I hope to continue this exercise indefinitely to learn the accurate evaluation of market value for MN Coin over time and if MN Coin's deflationary model is of value to savers over time. It is hard to forecast the future as it is unknown, but we can measure the current effects of a fixed total supply of MN Coin, and a 1% supply reduction on each transaction giving MN a deflationary supply. We believe this is the best model for people looking to save for their future, and what we are doing here is seeking to accurately prove this concept. We Believe That Saving Value For Your Future Is Fundamental to Furthering The Advancement of Human Civilization, and providing a way to do that is in alignment with Our Mission.
Note: Past returns or losses and market conditions may not be accurate measurement of future returns or losses and market conditions. Make your own investment decisions and treat this information as information only. We are not financial advisors and we highly recommend you consult a professional financial advisor before making investments of any kind. We are not responsible if investment in MN Coin leads to losses or gains as these are determined by the market demands. We are simply providing information that may be of value to you. Investment in MN Coin does not give you ownership in a company or organization. If you have questions or comments, email me at: austin@mncoin.com
March 1st 2024
52 Weeks
1: March 1st
- 0.001 BNB ~ 21,484,810,135.90868 MN
- https://bscscan.com/tx/0x6213b187cc046acd8600384b51ec5e073e3cf9e9c60fbd7c6a0b7b9803ebaea6
2: March 8th
- 0.001 BNB ~ 21,363,760,350.738218326031236369 MN
- https://bscscan.com/tx/0x4a275731c392e28e2844712f3d588f2df8305a3f5db5177af53377aab6b97885
3: March 15th
- 0.001 BNB ~ 15,614,820,717 MN
- https://bscscan.com/tx/0x1809c748cedc963dae85b04fbd94db1af7f0196de1976d0617170d6fecedaf9b
4: March 22nd
- 0.001 BNB ~ 8,050,836,837 MN
- https://bscscan.com/tx/0x22ad98a8542a31ef9278d929ad4ff5e5c1c1dfd8a9452e9301fdaa0aab8bfa41
5: March 29th
- 0.001 BNB ~ 7,747,991,715 MN
- https://bscscan.com/tx/0xb1d5c8e42eb35f789ad0cd7c24a7b2641a394e47a1d5b7d9267f3a1189e69293
6: April 5th
- 0.001 BNB ~ 7,092,261,427 MN
- https://bscscan.com/tx/0xf62854d6cd00cfb2a49745772fc433b58c3bcc2b272a0f799def5b34df508366
7: April 12th
- 0.001 BNB ~ 6,978,604,769 MN
- https://bscscan.com/tx/0x65acdf6a8d12691fe26b8ed91be1d538f6389a318bfe8dcaaef87a07bb9ab24a
8: April 22nd
- 0.001 BNB ~ 5,906,418,777 MN
- https://bscscan.com/tx/0xeb5e496bd0355bd13dc4355f4816b7b45396a6d7290370fa8fddd8622688fdbc
9: April 26th
- 0.001 BNB ~ 5,275,661,199 MN
- https://bscscan.com/tx/0xcdb18c3793b1a9e053606a1d29d9ccbf89bb876f1b54a39ff0f9722072b35020
10: May 3rd
- 0.001 BNB ~ 3,269,410,704 MN
- https://bscscan.com/tx/0x932e19d4db4c5accc27c47a9add2941ab659b3dc690b05aceed5efb1dc2cc4ba
11: May 10th
- 0.001 BNB ~ 3,170,462,167 MN
- https://bscscan.com/tx/0xd116d77e0784887dca79c51db25e7c4ee1606f87a1389807a74e43f567916166
12: May 17th
- 0.001 BNB ~ 3,233,017,764 MN
- https://bscscan.com/tx/0xf4d8cca8e4d6df1c3ae855ddd291dde60c7a8b2f76f4fa5c23dca66fe0b7799c
13: May 24th
- 0.001 BNB ~ 3,156,547,844 MN
- https://bscscan.com/tx/0x7639d42b7514f13d5925011c814d4f36f897038ce6b8d7fb1351815c7733d520
14: May 31st
- 0.001 BNB ~ 3,082,760,354 MN
- https://bscscan.com/tx/0x4bf7cb9c8ffcc393c33682bdcd015f3b53a472865ee0af9469a0bcb0df88be38
15: June 7th
- 0.001 BNB ~ 2,896,701,246 MN
- https://bscscan.com/tx/0x363f58afab9919558168bfb600af03423ee61a2d0d2ccae3c183e6b2b93477ad
16: June 14th
- 0.001 BNB ~ 2,718,197,955.330335145805971815 MN
- https://bscscan.com/tx/0x47ffbbdebee23db25c61e2ced8202f368c2bb2a7082249bd793d64cff50d1a73
17: June 21st
- 0.001 BNB ~ 2,739,338,228.533549568995854377 MN
- https://bscscan.com/tx/0xe660014ce10bb07b883c5f1f64eea4c9ff65be8afb159fe82d873e8f01cddff8
18: June 28th
- 0.001 BNB ~ 2,735,534,937.289273943641274612 MN
- https://bscscan.com/tx/0x3c299b7b3571c68bd271f8c8e67656a08d9dac02483ff2115a070b5509be26b5
19: July 5th
- 0.001 BNB ~ 2,759,337,291.345895356827953868 MN
- https://bscscan.com/tx/0xa96d1df73c673e2784d53f094a7091e2c12bcea755715f622feac74812a4b454
20: July 12th
- 0.001 BNB ~ 2,753,748,431.653262545326705033 MN
- https://bscscan.com/tx/0x1faa793c957706b1ed68c3eba892eba8684da9754cec1382fa486e2253882c05
21: July 19th
- 0.001 BNB ~ 2,748,176,543.062731639405613928 MN
- https://bscscan.com/tx/0xde6de1837298c945c3faa3267fd4168500c8a5fb2a58666d28b00ad843e85d00
22: July 26th
- 0.001 BNB ~ 1,929,938,636.892305262258619763 MN
- https://bscscan.com/tx/0xf828db11d9ca821506d423531a911f84f9dbea556d104cee09edae2a9321929d
23: August 2nd
- 0.001 BNB ~ 1,568,456,485.568374924981216849 MN
- https://bscscan.com/tx/0x26d157f53f9bc82d459a76815b76386e19bba2dc52e6efa38e66edae941a5c3f
24: August 9th
- 0.001 BNB ~ 1,343,167,626.230152861464226715 MN
- https://bscscan.com/tx/0x2a27aedcadab2cb955ef7b4616d99133c9b3f0b22cecf10c4167387bae296ad8
25: August 16th
- 0.001 BNB ~ 1,347,818,922.164560136629282933 MN
- https://bscscan.com/tx/0x71d6082f643474d9a3d20e7fb4ca8b58881f349f6f5f7241782799863ce85621
26: August 23rd
- 0.001 BNB ~ 1,345,911,125.056753445291753335 MN
- https://bscscan.com/tx/0xa9b930e38c1f830fcf903f80181d83fa6583d55f7cba48fb1e321c90289f01d9
27: September 11th (Had to reset metamask) Transactions froze
- 0.001 BNB ~ 1,036,900,257.702282684317926224 MN
- https://bscscan.com/tx/0x0ccf6cde52b79a3439c642a0703cdf8d682e71c61bad1a890e3f106ed1da7ac9
28: September 11th
- 0.001 BNB ~ 1,035,613,008.8899930532625335 MN
- https://bscscan.com/tx/0x5d571a308eb6f3544ecfbcbd43f0d258b5df1500dac26a9887a652addd8585b4
29: September 13th
- 0.001 BNB ~ 1,034,328,156.850125919536154056 MN
- https://bscscan.com/tx/0x3b1675500cd5cdc39dc2fc9273c08379e3855f9b8f3b4216979459a4d40a074b
30. September 20th
- 0.001 BNB ~ 980,494,497.201906833454627318 MN
- https://bscscan.com/tx/0x8ff642a53f96f6c6a30495c6fb57b9474e5bd043dd28e7c892ce7e4bc2385fb2
31: September 27th
- 0.001 BNB ~ 979,310,861.894527810691436161 MN
- https://bscscan.com/tx/0x935bce9e00e70dc18b7d31e094c3f129a44876ff22af6d4b841801062305a5e0
32: October 4th
- 0.001 BNB ~ 969,996,904.745826960599894342 MN
- https://bscscan.com/tx/0x0372fad51367c44bf16a8b3d4bc46f359d089949569b2203db4f71a18c2ba68a
33: October 11th
- 0.001 BNB ~ 1,255,799,659.14017393297359417 MN
- https://bscscan.com/tx/0x891ca5f413b2f7573e129f53b770e870578258271ecd8e8d3782d62d893d51bb