Matrix Airdrop Review: Low Fees and Auto Compound Vaults

About Matrix Airdrop

Matrix Airdrop is a farm aggregator that helps users to maximize their returns through an auto-compounding yield farm system, able to take advantage of the compounding interest. Their long-term goal is to make yield farming as simple as possible without losing the benefit of an ultra low-fee chain like Fantom.

Matrix will be airdropping free MATRIX tokens to early users of the platform. Continuous snapshots of users will be taken until the launch of the token and based on the duration in which they’ve invested and the amount invested, users will get free MATRIX.

Step-by-Step Guide

1. Visit the Matrix dashboard.
2. Connect your Fantom wallet.
3. Now select a pool and stake Fantom (FTM). You can buy Fantom from Binance.
4. Matrix Airdrop has confirmed that they will do an airdrop to early users of the platform.
5. Continuous snapshots of users will be taken until the launch of the token and based on the duration in which they’ve invested and the amount invested, users will get free MATRIX.
6. For more information regarding the airdrop, see this page.

How does it work? 4 steps

Click Approve on the pool in which you would like to deposit your Fantom

2.Wait until Deposit shows up

3.Insert the number of Fantom you want to deposit

4.Click on Deposit

5.Accept the transaction on Metamask

6.There you go, from this moment, Matrix will start working for you7.Enjoy the power of the compounding interest while doing what you like

What do you need to start using Matrix?

1. 1.A Metamask account (it’s free and rapid to download)
2. 2.Add the Fantom chain on Metamask (guide)
3. 3.Buy Fantom from your favorite exchange and transfer them to Metamask
4. 4.Connect Metamask to Matrix (top right of Matrix homepage)
5. 5.Stake your Fantom on your favorite pool

Mission

Matrix Airdrop it in this way, they know how stressful and boring it is to spend so much time working on different platforms without having the possibility to automatize each process. For these reasons, long-term goal is to make the yield farming as simple as possible without losing the benefit of an ultra low-fee chain like Fantom. In addition, they are also working on money management tools which will help users to further increase their possibility to gain as a yield-farmer.

Tokenomics

Warren Buffett, later quoted among the others by Jeff Bezos, famously said: “You can hold a ballet and that can be successful. And you can hold a rock concert and that can be successful. Just don’t hold a ballet and advertise it as a rock concert.”The way we interpret this concept at Matrix is very straightforward: be clear with your token holders with what you want to achieve from the start.

And mission is quite clear: “becoming the first auto-compounder with a strong focus on analytics and valuation metrics that will bridge the DeFi with the TradFi world, while also providing long-term sustainable value to holders”. The first step in order to build a long-term community-oriented project is to envision an ecosystem token supported by strong intrinsic economics.

Matrix Airdrop , among the Matrix team they have different bright minds coming from leading financial institutions around the world. With their help, and in accordance with our value proposition toward users, they have built what they think to be a tokenomics system well-suited to support the success of the project in the long-run, as detailed in the picture below.

There will be a maximum supply of 100.000.000 Matrix tokens and their value will be further sustained by a well-devised set of structurally recurring buy-back and burn mechanisms.To complete the last phases of development of the Matrix platform and the launch of its native token, they are at the moment working hard on the finalization of a private round of fundraising with strategic/institutional investors.

Matrix Airdrop a later stage, they are going to realize a further funding round, which will be reserved to smaller private investors. The proceeds obtained from this private rounds, to which we reserved an overall portion of up to 10% of the token total supply, will be used mainly for the following needs:

1. Initial exchange liquidity

2. Marketing

3. Technical development

Airdrop

First, Matrix Airdrop would like to make clear that launching a token is a very important and delicate step for any kind of DeFI project. For that reason, the process that leads to the token creation should be a very thoughtful process. They, at Matrix, are lucky enough to have a brilliant team behind the project who is working intensively to create a token that will generate stable value for its holders.

Therefore, they plan to execute the launch between the end of Q2 and the start of Q3. In other words, you are about to be able to trade the token during the summertime. In addition to the token though, you will be experiencing a different and even cooler and fresher UI/UX, with many more perks that they will be happy to release to community later on.