METASEER has officially succeeded in deploying a proprietary staking pool for investors and
holders of METAS tokens (native token for METASEER platform). This means that METAS tokens
can be bought on PancakeSwap and/or Raydium. It is very common for coins to be staked to
receive extra rewards i.e., stake METAS to earn more METAS.
METASEER will allow investors and/or token holders to receive more rewards through a staking
process. This activity is often referred to as yield farming, this concept is the core of
the popular DeFi projects. By actively participating in yield farming, METAS token holders
will be able to earn passive income on the Binance Smart Chain network (BSC). It is very
similar to a regular proof-of-stake model whereby users will lock up their cryptocurrencies
to get rewards after a predetermined period of time.
The total amount of METAS available for rewards will be 525,000 tokens that will be
distributed to all the stakers. The rewards per block will be as follows (0.3 METAS /
Block). The minimum amount of tokens required to qualify for staking will be 2500 METAS. The
staking lock up period will be 30 days upon start of staking and the staking entry period
will last for 60days. Do keep in mind that the rewards will be paid out pro rata based on
the time and amount of METAS that has been staked since day 1. The rewards distribution will
begin from approximately block 12363500 on the Binance Smart Chain network.
Unlike typical farms that mint new tokens after every block has completed, METASEER will not
be minting any new tokens. Instead the rewards will come from our liquidity wallet. This is
done to ensure that the total supply of METAS will not increase and it will create a
scarcity for the ecosystem which will in turn help with price. METASEER still has a long
road ahead but we are well ahead of schedule and will strive to only bring to everyone the
best platform.