What is MetFi DAO (METFI)?

What exactly is MetFi DAO?

MetFi DAO offers a seamless experience that merges the roles of investor, incubator, influencer, and community in a synergistic ecosystem. This platform revolutionizes the traditional model of angel investors and venture capital. How? By aligning the aspirations of the project with those of the investor, influencer, and community.

Moreover, MetFi DAO is community-centered. First of all, it benefits from sustainable rewards through staking via the METFI multiplier. New METFI tokens are distributed twice a day to all holders of MetFi NFTs. Furthermore, they gain early access to some of the world's most promising Web3 projects, which are generally inaccessible individually. The community must approve each investment through an on-chain vote, thus ensuring their involvement from the very beginning.

Furthermore, the community receives whitelisting opportunities for the private and public sales of these projects. They also benefit from alpha and beta access to their products, including blockchain games, with shared returns proportionally. The projects in which MetFi invests benefit from an existing, large, and engaged MetFi community that is invested in their project from day one.

What is the utility of MetFi NFTs?

MetFi NFTs offer a wide range of integrated utilities. This includes the METFI multiplier for DeFi staking, governance, a proportional share of the treasury, a right over investments and assets managed by the treasury. They also provide membership to the community and early access to projects in which the DAO invests. Additionally, new utilities are constantly being added to MetFi NFTs. Currently, they generate rewards through the METFI multiplier every 12 hours, giving investors the opportunity to earn additional returns through staking.

What is the utility of the METFI token?

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

The maximum supply of METFI is 500 million tokens. However, the actual maximum supply is lower due to burning mechanisms and the impossibility of creating more tokens. This ensures that the maximum supply will decrease over time, making the token increasingly 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. The main distribution mechanism consists of distributing them to NFT holders in the form of multiplier rewards every 12 hours. More than 90% of the circulating METFI tokens have already been staked on MetFi NFTs since the platform's launch in May 2022.

Where to buy the METFI token

You can find the METFI token here on Gate! We list the METFI/USDT pair in our Innovation zone!

What is the price of METFI tokens?

The price of the METFI token is coming soon on Gate! You will be able to check the real-time price of their token right here!

How to buy METFI tokens on Gate

You can buy METFI tokens on Gate by following these steps:

1. Log in to your Gate account and click on [Trade]. Then click on [Spot].
2. Search for "METFI" using the search bar to view the available trading pairs. Let's take METFI/USDT as an example.
3. Scroll down and go to the section [Spot]. Enter the amount of METFI you wish to purchase. You can choose between a limit order, a market order, or a stop-limit order. Let's take the market order as an example. Click on [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.

Stay informed about crypto trends

Check all the quotes in the Innovation and Evaluation zones as well as the major tokens in the Main Zone - we have other exciting projects coming up! Additionally, Gate lists moonshots and offers access to trading major cryptocurrencies. Also visit the Popular Projects section to discover more popular tokens in the spotlight. Finally, feel free to check out the Gate Academy to learn more about cryptocurrencies!