Metadapp Key Features
A. Token Exchange
As an Automated Market Maker (AMM), one of the fundamental parts of Metadapp is Token Exchange. Metadapp aims to be the leading global AMM on the Binance Smart Chain.
Token Swapping
Metadapp is an automated market maker “AMM” that allows any tokens, up to two combinations, to be exchanged on the Binance Chain. We have lower fees compared to bitcoin and ethereum. And our route is directed to your wallet, no need for a broker or other people, take 100% ownership of it.
On Metadapp, it’s just easy to swap to token from one BEP-20 token to another token through our automated liquidity pools.
You will be charged a 0.25 percent trading fee when you make a token swap (trade) on the exchange, which is divided down as follows:
0.17% - system returned fee rewards for liquidity providers to Liquidity Pools.
0.03% - Percent to be sent to the Metadapp Treasury.
0.05% - Percent to be sent towards Metabits buyback and burn.
How to Do Trading?
Step by step guide-coming soon
Liquidity Pools
Remember to only swap tokens on Metadapp, if there is allotted or enough liquidity for those tokens. It would be difficult, expensive, or impossible to swap if nobody added liquidity for those tokens. Providing liquidity earns you LP Tokens, which users can exchange for trading fees.
You will earn Liquidity Provider (LP) tokens and a part of the fees when you contribute your token to a Liquidity Pool.
LP Tokens
For example, if you placed Metabits and BNB into a Liquidity Pool, you'd get Metabits-BNB LP tokens.
Your portion of the Metabits-BNB Liquidity Pool is represented by the number of LP tokens you receive. You can also withdraw your liquidity at any time to redeem your funds by removing it.
Liquidity Providers Earn Trading Fees
When users use your liquidity pool, you get paid in trading fees for providing liquidity.
When a trader uses Metadapp, they pay a 0.25% charge, of which 0.17% goes to the swap pair's Liquidity Pool.
For example:
10 LP tokens represent 10 Metabits and 10 BNB tokens.
1 LP token = 1 Metabits + 1 BNB
Someone trades 10 Metabits for 10 BNB.
Someone else trades 10 BNB for 10 Metabits.
The Metabits/BNB liquidity pool now has 10.017 Metabits and 10.017 BNB.
Each LP token is now worth 1.00017 Metabits+ 1.00017 BNB.
You may put your LP tokens to work, churning up some fresh yield on the Metabits Farms while still earning your 0.17% trading fee incentive, making being a liquidity provider even more worthwhile.
Impermanent Loss
Liquidity provision has some risk since you may be exposed to temporary or impermanent loss
Adding and Removing Liquidity
Step by step guide coming soon!
Yield Farming
On Yield Farming, users can earn Metabits rewards if they provide liquidity by locking up their LP tokens into a smart contract. The incentives aim to balance out the risk of impermanent loss. It comes along by locking in your liquidity.
Initial Farm Offerings (IFOs)
An Initial Farm Offering (IFO) is a one-time event where users can buy additional tokens for a limited time. In most cases, the IFO price is relatively high.
B. Yield Farming
Users may earn Metabits while supporting Metadapp by staking LP Tokens on Yield Farms.
Algorithm of Farming:
Farm Meta + BUSD = BITS
Farm Meta + WBNB = BITS
Farm Meta + Token = BITS
Warning: Yield farming can provide better returns, but it also carries the risk of Impermanent Loss. It's not as terrible as it sounds, but it's worth familiarizing yourself with the notion before getting started.
C. Pools
Coming Soon!
D. NFT Markets
Coming Soon!
E. NFT Profile System
Coming Soon!
F. IFO (Initial Farm Offering)
Coming Soon!
G.Online Gaming
Coming Soon!
H. NFT Art
Coming Soon!
I. Lending
Coming Soon!
J. Insurance
Coming Soon!
K. Metaverse Analytics
Coming Soon!
L. Voting
Voting provides the Metaverse community with a voice, allowing them to say how the app develops in the future.
Metadapp native voting portal is coming soon!
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