Colossus & The Momentum Project
Colossus is the next evolution of The Momentum Project, designed in collaboration with a significant holder of the $MASS token. Recognizing the potential for further innovation and necessary improvements, Carian approached the Momentum team with a vision to evolve and expand the original protocol. Colossus became the first launchpad project under Momentum's DeFi launchpad, building on the insights gained from The Momentum Project.
Leveraging the experiences and lessons from $MASS, the team developed Colossus with advanced features to improve upon the original framework. This collaboration ensures that Colossus not only retains the strengths of The Momentum Project but also introduces a more sustainable model, with a focus on market-driven growth and passive income through reflections.
Momentum's lead developer, BadShogun, worked closely with the Colossus team to implement these upgrades effectively. By applying everything learned from the Momentum launch, the goal is to provide a more robust and dynamic ecosystem for Colossus holders.
The Necessity of the Re-Launch
As the Colossus project progressed, it became clear that relying on price stabilization and the old mechanisms would no longer provide sustainable growth. The re-launch was necessary to pivot toward a model that thrives in the broader DeFi space. With the re-launch, Colossus shifts to $TITAN, a reflection token that distributes rewards in BNB to holders. This change aligns the project with market demand for more volatile tokens while maintaining passive income potential through low-tax reflections.
Momentum Singularity Reward Share
The Momentum Project has evolved significantly since its inception in October 2022. After the original price stabilization mechanics were retired, the protocol transformed into a profit-sharing system through the Singularity staking contract. As an incubator for new DeFi protocols, Momentum now shares in the profits of each project it launches.
Since Colossus is Momentum's first incubated project, a portion of all profits generated by Colossus will flow into the Singularity. This ensures that both Momentum and Colossus holders benefit from the success of the re-launched token.
Colossus Treasury: - 5% to Momentum Singularity
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