What is Meta Finance
What is the project about?
META is the native token of the Meta Protocol.
The Meta Protocol is a DeFi system that allows you to deposit GLP and mint the stable coin mUSD without any fees or borrowing interest. mUSD held in your account will receive an average yield of ~20%+.
In the Meta Protocol, users can take on the roles of Minters, Holders, Liquidators, Redemption Providers, Rebase Providers, Liquidation Keepers and/or others.
What makes your project unique?
It's the first yield-bearing stablecoin on Arbitrum providing an average APY of 20%+
History of your project.
It's a new project with an ongoing whitelisting for IDO.
What’s next for your project?
Q3 2023:
Audit
Open source contracts for public review
METADAO IDO
Arbitrum Launch to the bring the Hype
Looking for Whale adoption
Avalanche Launch
Q4 2023:
Collaboration with DeFi Protocols for mUSD
DeFi Degen Strategies
Develop more functions according to Meta DAO community
What can your token be used for?
Minting mUSD
Users can deposit GLP tokens to mint mUSD tokens. Minters of mUSD earns esMETA rewards in proportion to their minted mUSD value. At genesis, 70% of esMETA rewards are reserved for mUSD minters. esMETA rewards further accrue Protocol Revenue to boost yield.
Stake META/ETH LP Tokens
Users can provide liquidity to META/ETH pool on Uniswap and Balancer and stake their LP tokens to earn LP fees along with esMETA rewards. At genesis, 15% of esMETA rewards are reserved for META/ETH LP stakers. esMETA rewards further accrue Protocol Revenue.
Stake mUSD/2Pool LP Tokens
Users can provide liquidity to mUSD/2Pool pool on Curve Finance and stake their LP tokens to earn LP fees along with esMETA rewards. At genesis, 15% of esMETA rewards are reserved for mUSD/2Pool LP stakers. esMETA rewards further accrue Protocol Revenue.
Yield Boost
esMETA holders receive a varied percentage of yield boost depending on their lock-up length. The longer the lock-up length, higher the boost percentage.
Meta Finance vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, META would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of META might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including META.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
