The Hakuna Matata team is excited to announce its arrival with the aim of empowering individuals to become their own bank through technology. The application of this approach now targets two key financial services, savings and loans.
People can borrow money against their pledged tokens without affecting their current mortgage contracts and still earn interest on their pledged tokens while benefiting from generous loan rates.
The program provides the right tools to deal with financial shocks or crises that investors encounter in their daily lives. Once listed, users can purchase MATATA from any decentralized or centralized exchange. the longer they pledge MATATA tokens, the more interest they earn.
Matata users can first access the most exciting Metaverse program through the Hakuna Matata Launchpad. Users can borrow up to 50% LTV (loan-to-value) USDT at a low interest rate on their collateralized MATATA. and the loan can be paid by interest generated by the pledge. The financing can be used anywhere, even for launchpad projects. In addition, users can obtain APRs of up to 150%.
The program will launch the pre-IDO program, offering early investors access to private sales and key partnerships. IEO, launchpads and DEX listings will be launched in the last quarter of 2021. Next quarter, the program hopes to build its Staking platform. Hakuna Matata hopes to join social media influencers and celebrities to promote the project.
Launchpad was created internally by the Matata development team and will be hosted on their platform. Projects in the meta world, gaming, TNFT, and decentralized finance (DeFi) may use Matata Launchpad to add value to the ecosystem.
The availability of MATATA tokens has increased because Matata is the gatekeeper for these first TNFT and meta-festival releases. This intuitive Launchpad will allow everyone access to the coveted TNFT and meta universe, which is not possible now.
In addition, MATATA tokens can be deflated smoothly; Hakuna Matata has implemented a burning method that involves buying back market tokens and transferring them to a burning wallet.
To this end, the Company will levy a 10% transaction fee when someone claims MATATA and a further 10% when the equity expires. It aims to burn 50% of the MATATA tokens to maintain demand and supply, thereby benefiting token holders. Further, for every MATATA token held by an investor, the project team will burn up to 2 tokens.
Collateral and lending features
There are no plans to stop the project; we are pleased to announce the launch of a pledging platform in the last quarter of 2021. Hakuna Matata offers rewards to investors who pledge native MATATA tokens. The more time an investor bets on a token, the higher the interest they earn. In addition, investors can continue to earn interest while repaying their loan and gain full access to the pledged tokens. In addition, investors can uncollateralize their MATATA tokens on the expiration date and sell them on the market for maximum profit.
A unique lending feature on top of the Staking platform will debut in the third quarter of 2022. This feature will allow mortgagees to obtain a stablecoin-backed MATATA token loan of up to 50% LTV, and the best part is that it is repayable at any time. Investors can use this unique lending feature to obtain a loan and invest it in the intuitive Launchpad that will debut on the platform.
DeFi or cryptocurrencies in general, project developers must comply with KYC and be audited by a reputable auditing firm to be globally recognized. Hakuna Matata promotes values and ethics. To communicate this to investors, it has completed KYC and audits, and provides a verified report.
About Hakuna Matata
Hakuna Matata provides investors with the proper tools to manage financial shocks or disasters. After listing, investors can purchase MATATA from any decentralized or centralized exchange. MATATA token holders receive income through pledges. What makes us different?
Earn passive income by pledging Matata at a maximum rate of 150% p.a.
Mortgage incentives are paid monthly
Borrow up to 50% of LTV in stablecoins
For every $1 wagered, we burn up to $2 in Matata
This means that the more community pledges we make, the more we burn Matata and the fewer buyers we have, which automatically pushes up the price of Matata.
Participate in the private sale of the Potential 100x Metaverse/TNFT project on Matata LaunchPad
For more information, please visit
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