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 Name||Metaple Finance|
|Circulating Supply||37,500,000 MLX|
|Expoler||Click Here To View Expoler|
|Twitter Page||Click Here To View|
|Whitepaper||Click 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.
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 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.
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.
Swap refers to exchanging one cryptocurrency you hold for the equivalent value of another cryptocurrency.
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 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.
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.
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!
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.
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.
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.
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).
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