spot_img
spot_img
4.7 C
London
Thursday, February 9, 2023
HomeDEFIMetaple Finance Review : Read Everything About Metaple 2022...

Metaple Finance Review : Read Everything About Metaple 2022 Updated

- Advertisement -
- Advertisement -

Metaple Finance Review By Wootfi . Hello Wootfi visitors today we come with another defi article about Pancakeswap one of the defi project . Please note this article is not investment advice only written for educational purposes . Do your own research before investing your time or money at Metaple Finance.

About Metaple Finance

The Metaple Finance is a peer-to-peer system designed for exchanging cryptocurrencies (BEP-20 Tokens) on the Binance Smart Chain. The protocol is implemented as a set of persistent, non-upgradable smart contracts; designed to prioritize censorship resistance, security, self-custody, and to function without any trusted intermediaries who may selectively restrict access.

Basic Details About Metaple Finance Review

Project Overview
Project NameMetaple Finance
Blockchain Network Polygon
Circulating Supply37,500,000 MLX
Total Supply150,000,000
ExpolerClick Here To View Expoler
Twitter Page Click Here To View
WhitepaperClick Here To Visit Whitepaper
Official Website Click Here To Visit Website

One Stop for Multiple Earning

  • An open and global financial system built for the internet age – an alternative to a system that’s opaque, tightly controlled, and held together by decades-old infrastructure and processes.
  • Metaple brings numerous benefits when compared to traditional financial services. Distributed ledger containing information about all the activities that have taken place on a blockchain network is shared by everyone.
  • Through the use of smart contracts and distributed systems, deploying a financial application or product becomes much less complex and secure.

Ecosytem

An open-source, permissionless, and transparent financial service ecosystem that is available to everyone and operates without any central authority. The users would maintain full control over their assets and interact with this ecosystem through peer-to-peer (P2P), decentralized applications (dapps).

Farming & Staking

Liquidity Pools

Liquidity providers (LPs) add funds to liquidity pools. You could think of a liquidity pool as a big pile of funds that traders can trade against.

Staking

A staking pool is a group of coin holders merging their resources to increase their chances of validating blocks and receiving rewards. They combine their staking power and share the rewards proportionally to their contributions to the pool.

Swapping

Swap refers to exchanging one cryptocurrency you hold for the equivalent value of another cryptocurrency.

AMM

An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.

Farming

Farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts. In return for your service, you earn fees in the form of crypto.

Metaple Community

Extremely active community that loves mission! The telegram channel is filled with community moderators 24/7 that would love to help you. Do not trust random messages of people claiming to be “support” or ever give out your wallet info to anyone.

Features

Low fees

Why pay more? Metaple runs on BNB Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. Trading fees are lower than other top decentralized exchanges too, so that’s a double win for you!

Decentralized

Trade directly from your wallet app. Unlike centralized exchanges like Binance or Coinbase, Metaple doesn’t hold your funds when you trade: you have 100% ownership of your own crypto.

Earn tokens with Staking Pools

Stake MLX, earn free tokens. It’s really that easy. New projects join the party every day, so you can earn more, for even longer.

Earn MLX with Farming Pools

Stake LP tokens, earn MLX. You take on a little more exposure to market fluctuations than with the Staking Pools, but can earn higher APR to offset the risk.

Earn Trading Fees

No farm? No problem. Even if your trading pair isn’t supported on the Farms page, you can still earn trading fees when you stake your tokens in Liquidity Pools (LPs).

Roadmap

December 2021 – Inception of the Concept

January 2022 – Planning and Team Building

January 2022 – Beginning of platform development

February 2022 – Deployment on Testnet for testing the platform in Alfa and Beta Version

March 2022 – Get Audited by Security Partners

March 2022 – Launch of Metaple Finance with Swapping, Farming & Multi-Staking Protocol

March 2022 – Listing on decentralized exchanges like PancakeSwap. Locking Liquidity on an immediate basis

April 2022 – Aggressive Marketing Campaign Launch with Bounty Campaign on BitcoinTalk

May 2022 – Partnership Announcements with the Financial Institutions & other Defi projects of BSC

June 2022 – New farming and staking pools will be added

July 2022 – Strategic and Fair Launchpad for new Projects

August 2022 – Android Wallet and IOS Wallet Development begins

September 2022 – Lottery Feature

Bixer Simond
Bixer Simond
Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things
[presto_player id=48363]

- Advertisement -

JUST NOW PRESS RELEASE

RELATED ARTICE BY WOOTFI MILE TEAM