What is MetFi DAO (METFI)

MetFi DAO is a decentralized investment platform that offers early-stage access to the world’s most promising Web3 to the public. It aims to provide investment opportunities to the masses and share profits with the MetFi community. By utilizing this platform, everyday people can invest in these startups before they become public knowledge.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (METFI/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is MetFi DAO (METFI)
What is MetFi DAO (METFI)

What Exactly is MetFi DAO?

MetFi DAO provides a seamless experience that combines the roles of investor, incubator, influencer, and community in one synergistic ecosystem. This platform flips the traditional angel investor and venture capital model on its head. How so? It aligns the desires of the project with those of the investor, influencer, and community.

Furthermore, MetFi DAO is all about the community. For starters, the community benefits from sustainable METFI Multiplier rewards through staking. It drop new METFI tokens to all MetFi NFTs twice a day. Additionally, they gain seed-stage access to some of the most promising Web3 projects in the world. This is usually not accessible on their own. The community must approve of each investment through on-chain voting, ensuring their investment in each project from the start.

Meanwhile, the community will receive whitelisting opportunities to some of these projects’ pre and public sales. There are also alpha and beta access to their products, including blockchain games, and more with returns proportionally shared.The projects that MetFi invests in benefit from an existing, large, and engaged MetFi community that is invested in their project from day one.

What is the Usage of MetFi NFT?

MetFi NFTs provide a wide range of baked-in utilities. It includes METFI Multiplier for DeFi staking, governance, proportional share of the treasury, a claim on the investments and assets executed by the treasury. It also provides community membership, and early-stage access to projects the DAO invests in. Moreover, additional utilities are continually being added to MetFi NFTs. Currently, it generates METFI Multiplier rewards every 12 hours, providing an opportunity for investors to earn additional returns through staking.

What is the Usage of METFI Token?

METFI is the native token of MetFi DAO on BNB Chain. It offers governance voting rights on all DAO proposals and claims on the assets of projects invested in and incubated by MetFi. It also provide opportunities to purchase tokens and NFTs of select projects, alpha and beta access to their products, and various other privileges.

The maximum supply of METFI is 500 million tokens. However, the actual maximum supply is lower due to the token burning mechanics and the inability to mint more tokens. This ensures that the maximum supply will decrease over time, making the token increasingly scarce, rare, and deflationary.

The majority of METFI tokens are securely held in the METFI Vault smart contract and will be released over a long period of time. The primary distribution mechanism is to distribute them to NFT owners in the form of Multiplier Rewards every 12 hours. Over 90% of circulating METFI tokens have already been staked to MetFi NFTs since the platform’s launch in May 2022.

Where to buy METFI Token

You can find METFI Token here at MEXC! We are listing METFI/USDT in our Innovation Zone!

What is the Price of METFI Tokens?

The price of METFI token is coming to MEXC soon! You can check the live price of their token right here!

How to buy METFI Tokens on MEXC

You can buy METFI Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “METFI” using the search bar to see the available trading pairs. Take METFI/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of METFI you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy METFI] to confirm your order. You will find the purchased METFI in your Spot Wallet.

You can find a detailed guide on how to buy METFI Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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Wilbur Kwok

Wilbur strives in two ecosystems – Sports and Blockchain. Hit him up now to talk about all things crypto related!

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Wilbur Kwok
Wilbur strives in two ecosystems – Sports and Blockchain. Hit him up now to talk about all things crypto related!