MetaFinance Platform Overview

Published on: 19.12.2021

MetaFinance is a community-driven DeFi integrated business where income generated through its services shared with token holders. MetaFinance includes multi-chain pools, DEX aggregator, DAO and NFT markets.

MetaFinance Protocol is a protocol that facilitates cost-efficient and secure atomic transactions by utilizing a wide range of protocols.

How Does MetaFinance Work?

MetaFinance shares the revenue generated on the MFI platform with token holders. Through the nodes system, the benefits and revenue are distributed to more users. As MFI builds up more services, token holders receives more rewards. That is to say, token holders revenue grows with MetaFinance.

MetaFinance is a  One-stop DeFi Hub that includes Dex aggregator, mining, yield farming pool, and NFT market, which brings you the convenience of an integrated financial services in a single platform. DAPP is fully deployed on the chain and is open-source. MetaFinance uses The Graph, Chainlink, Snapshot and other tools on the chain for data collation and contract interaction. The platform supports various chains including Ethereum, BSC and HECO. MetaFinance intent to support more blockchains accordingly in the near future.

MetaFinance Products

  1. METADAO — it adopts a fair and open voting mechanism for community governance, and votes on MetaFinance proposals by building a complete voting system in SnapShot.
  2. METADEX — obtains liquidity from major exchanges through advanced algorithms, splits a single transaction between multiple DEXs, provides asset exchange at the best price in the market, and reduces fee.
  3. MetaPool — adopts liquidity mining mechanism with no pre-mining, no private equity, and no team reservation; the MFI produced by Metapool carries the community value of MetaFinance, and the MFI is distributed to the hands of effective consensus participating in the MetaFinance ecosystem.
  4. MetaTrigger — helps MetaFinance deposited funds in the system to capture high profits outside the ecosystem that brings more benefits to the MetaFinance ecosystem.
  5. MetaFunds — MetaFinance’s digital currency investment fund that makes inroads to the private sales.
  6. MetaLend — MetaBM is a lending moduel in MetaFinance. It integrates the characteristics of the community sponsorship system that differs it from other traditional DeFi platforms.
  7. MetaOP — decentralized financial derivatives module within MetaFinance
  8. MetaChain — will be required to serve and maintain the performance of MetaFinance products.

Tokenomics

MFI is the governance token of MetaFinance, it also serves as the utility token to facilitate the value exchange among the various modules within MetaFinance. The total token supply is 420,000. MFI circulation is minted in three separate blockchains. With the consideration of the Gas fee and timeliness, MFI selects the optimum path from multiple exchanges as cross-chain relays. The asset reserves of cross-chain relays will rely on the common reserves of multiple networks, and the reserves come from the market.

MFS (MetaShare) is the MetaFinance’s equity token. It is a supplement to the MFI dividend function of the governance token. It has a total supply of 21 million tokens. Through MFS, you can directly redeem the income rewards in the strategy pool, or exchange for investment opportunities in non-ecological cooperation projects.

MetaFinance smart contract has been audited by KnownSec blockchain auditing firm and there were no vulnerabilities found. MetaFinance Smart Contract Audit Result — PASSED

RESOURCES
Website | Twitter | Medium

 

Market Stats:
BTC Dominance: 53.52%(+0.16%/24h)
ETH Dominance: 16.02%(+0.02%/24h)
Defi Market Cap: $87.88B(-29.00%/24h)
Total Market Cap: $2360.85B(+0.44%/24h)
Total Trading Volume 24h: $49.18B(-27.82%/24h)
ETH Market Cap: $378.23B
Defi to ETH Ratio: 23.23%
Defi Dominance: 3.53%
Altcoin Market Cap: $1097.43B
Altcoin Volume 24h: $31.46B
Total Cryptocurrencies: 29537
Active Cryptocurrencies: 9874
Active Market Pairs: 82611
Active Exchanges: 762
Total Exchanges: 8449
BTC: 64154.08$(0.68%/1H)
ETH: 3149.69$(0.43%/1H)
AVAX: 37.12$(0.66%/1H)
BNB: 587.93$(0.26%/1H)
MATIC: 0.73$(-0.34%/1H)
FTM: 0.69$(0.42%/1H)
ADA: 0.46$(0.2%/1H)
DOT: 7.07$(0.17%/1H)
UNI: 7.44$(0.29%/1H)
CAKE: 2.68$(0.25%/1H)
SUSHI: 1.05$(0.47%/1H)
ONE: 0.02$(0.86%/1H)