HomeCOINSWhat Is MetaRare (MTRA)? Complete Guide Review About MetaRare.

What Is MetaRare (MTRA)? Complete Guide Review About MetaRare.

What Is MetaRare (MTRA)?

MetaRare Indexes are the first NFT financial primitive to offer passive income opportunities on exposure to NFTs. With Floor Indexes, you can use Floor Index tokens to provide liquidity to the token trading pool and in some pools, earning farming rewards. All Floor Indexes have an Liquidity Provision pool. Providing liquidity” refers to the act of adding liquidity for both sides of a trading pair to a pool to enable others to trade between the pair using the AMM.

When you add to a pool you receive Liquidity Provider tokens (LP tokens). MetaRare if a user deposits $DGNZ (Boroko Dragons Floor Index) and $SOL into a pool, he receives DGNZ-SOL LP tokens. These tokens represent a proportional share of the pooled assets, allowing a user to reclaim their funds at any point. Every time a user swaps between $DGNZ and $SOL, a 0.25% fee is taken on the trade. 0.22% of that trade goes back to the LP pool (rewarding the liquidity providers) and 0.03% of that goes to support Radium’s infrastructure.

MetaRare Storage Key Points

Coin BasicInformation
Coin NameMetaRare
Short NameMTRA
Circulating SupplyN/A
Total Supply300,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Official Project WebsiteClick Here To Visit Project Website


Some pools have farms set up which provide additional rewards for being a liquidity provider. Collections may set up a farm for their MetaRare Index to further incentivize early liquidity providers. To earn farming rewards, the pool must have an active farm set up. Farming rewards can be in any token (i.e. $SOL, $BOKU) and can be distributed in many different ways. For example, a farm can distribute $1,000 in BOKU to all LPs proportionally over one week.

Additionally, a farm can distribute $500 in BOKU over Week 1, $400 BOKU over Week 2, and $300 BOKU over Week 3. If the pool has an active farm, you can stake your LP tokens to earn the rewards. MetaRare The rewards are distributed continuously and proportionally to your contribution to the staked LP. Rewards must be claimed from the index page and can be claimed whenever.


Fractionalization — or the transformation of a non-fungible asset into fungible assets is a core piece of infrastructure to enable the composability of NFTs and DeFi. MetaRare owners of popular or expensive assets, fractionalization enables the ability to (1) free up liquidity and (2) maintain upside. For fraction collectors, fractional ownership may be the only affordable exposure to top assets. Top collections may also be interested in fractionalize an asset to expand a community from 10,000 to 100,000.

Via integrations with Grape protocol and Squads, fifths can still provide the utility of the underlying NFT. For example, with Bridge split Fractionalization, a DAO can enable 10% fractional ownership offering Discord access and 50% fractional ownership offering a vote in the DAO.

For Collections

Floor Indexes for a collection is attractive to asset holders, incentivizing collections to co-market or provide farming opportunities for the Floor Index initial liquidity.

Floor Indexes offer:

  1. Liquidity and partial liquidity options for holders, making the whole asset more attractive/less risky
  2. Composable and liquid NFT exposure enables new financial products like derivatives and lending on topo index tokens
  3. Liquidity provision to the AMM creates the first passive income opportunity earned with exposure to NFTs
  4. Community members and traders can get lower-dollar and liquid exposure to collection floor.

MetaRare tokens can serve as a great candidate for a fungible, governance token for collections. Additionally, they greatly simplify the processed of tiered utility. For example, if a collection wishes to grant access to the Discord for holders of 10% of an NFT, the collection can monitor for 10% ownership of the index token of that collection. Bridges lit has an integration with Grape Protocol to support this.


MetaRare following pages are short and simple video tutorials illustrating how to use the app to complete a specific action with the Floor Index. Fractionalization is a product by Bridges lit that enables users to fractionalize an NFT and trade fractions of that NFT on a market powered by Radium and Serum. Fraction owners can also vote on the buyout and buyout price of the fractionalized asset. Fraction owners can also provide liquidity to the market, earning yield from trading fees.

Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .