Internet City, Dubai, September 7, 2022 – LBank Exchange, a global digital asset trading platform, incorporated MetFi (MFI) on September 7, 2022. For all LBank Exchange users, the MFI/USDT trading pair is now officially available for trading.
As a DAO owned and controlled by the community, mitvi (MFI) builds the world’s first DeFi 2.0 scalable NFT ecosystem focused on embracing the metaverse and web3 unicorns. Its microfinance institution was listed on the LBank Exchange at 20:00 (UTC+8) on September 7, 2022, expanding its global reach and helping it achieve its vision.
an introduction mitvi
MetFi is a venture that aspires to be the world’s premier metaverse and web3 incubator, making early strategic investments in the next wave of metaverse and web3 unicorns, giving individuals an early stake in metaverse and web3 projects before the general public.
In the MetFi ecosystem, a high yield is provided by NFTs. When a user purchases a MetFi NFT, they also receive free MetFi (MFI) tokens that are stored in the NFT. Users will receive more tokens every day just for storage, there is no lock, so that users who share their stakes or sell their NFTs at any time can be completely free. Users can also add more MFI tokens to their NFT at any time and watch them grow exponentially thanks to the power of compound interest.
In addition, MetFi operates via smart contracts that live on the blockchain and are permanently locked. This allows anyone to audit the open source MetFi code while making it impossible for anyone to change it. A smart contract operates autonomously which means it is self-executing, it operates independently, without any human intervention, and only performs the tasks it has been programmed to perform.
The funds are governed by the community and used to invest in and incubate a new metaverse and web3 project with unicorn capabilities. Profits are shared with the owners of the linked MFIs. All decisions are made by the community with a DAO vote on Snapshot. This gives every member of the community the option to participate in early stage projects with high return potential. Simply put, MetFi is for anyone who wants to generate negative, constant and compound interest.
About MFI Token
The MFI code is the BEP-20 code on the BSC. There are no sales taxes on tokens. It has 3 main functions, which include yield maintenance, betting on a proportional share of the treasury, and governance on the MetFi DAO.
The token is deeply integrated with MetFi NFTs. Owning a MetFi NFT with MFI pegged tokens gives the holder their proportionate share of the treasury and significantly increases the owner’s voting power which gives the holder direct influence in the direction of MetFi DAOs, including projects in which the MetFi DAO is invested and incubated.
MFI is fully ERC20 and EVM compliant which means the token can be held in any Ethereum-based wallet and has the underlying token for cross-chain interoperability. It is also compatible with services like Multichain (Anyswap) which opens up the future potential for MFI to become a multi-chain protocol.
The MFI token was listed on the LBank exchange at 20:00 (UTC+8) on September 7, 2022, investors interested in MetFi investing can buy and sell the MFI token on the LBank exchange right now. The inclusion of the MFI token in the LBank Exchange will undoubtedly help it to further expand its business and attract more interest in the market.
Learn more about MFI code:
LBank is one of the best cryptocurrency exchanges, which was established in 2015. It offers specialized financial derivatives, specialized asset management services, and secure cryptocurrency trading to its users. The platform accommodates more than 7 million users from more than 210 regions worldwide. LBank is a cutting-edge growing platform that ensures the safety of users’ funds and aims to contribute to the global adoption of cryptocurrencies.
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