CoinMetro Unveils Its New Token Metrics

Published on: 02.03.2022

CoinMetro is launching even more robust XCM Tokenomics which are designed to provide users with increased passive income, mechanical demand and buy pressure for XCM as well as a deflationary token model.

For anyone new to CoinMetro, XCM is the native utility token of the CoinMetro platform. It fuels the entire ecosystem and acts as an access point to ever-growing rewards and perks for its holders.

XCM is Headed to MARs (Multi-Asset Rewards)

From the moment CoinMetro released the first iteration of XCM Staking last year, its plan was to create a sustainable, long-term passive income opportunity. They launched with a reasonable APR which they aimed to gradually increase over time.

In addition to receiving XCM rewards for staking, they have successfully implemented Multi-Asset Rewards. All XCM Stakers will now receive various additional “bonus” tokens starting with Kadena (KDA). They will also add FLUX (FLUX), ThoughtAI (THT) and Vesper Finance (VSP) in the short-term, with many more coming soon thereafter.

Introducing XCM Token Burning!

On February 16th, CoinMetro stopped vaulting tokens in favor of burning. They have already burned 6,825 XCM which is just the start. As platform usage increases, so will the mechanical demand for XCM tokens from the market, and even more XCM will be burned. With a growing range of products and services coming soon, we plan for each to include XCM utility.

As platform usage increases, so will the mechanical demand for XCM tokens from the market, and even more XCM will be burned. With a growing range of products and services coming soon, they plan for each to include XCM utility.