Metis Reverse Liquidity Launch
They say this is a farming project, but the information about the project doesn’t add up if it is a yield farm. This could be a lost in translation / language barrier thing, as some RFI’s are calling themselves “farming as a service,” although they aren’t really farming like we think of traditional yield farming.
Their buy & sell taxes have a portion of fees going to “rewards” but there is no information on how those rewards are distributed. Immediately, like a traditional RFI token? Every 15 or 30 minutes like a Titano fork?
Additionally, they say there is a total max supply of 1,000,000,000 MR, and all those tokens are accounted for between the presale, liquidity, team tokens, etc. This leaves no tokens available for farming rewards.
No contracts.
DETAILS
- Public sale will take place on Starstream, here
- Public sale will last for only an hour
- Max supply: 1,000,000,000 MR
- 50% MR offered in Public Sale
- 40% MR to liquidity
- 5% MR to team
- 2.5% MR to marketing / development
- 2.5% MR to community airdrops
- Public sale price: 0.0000001 METIS / MR (1 METIS = 10,000,000 MR)
- Listing price: 0.000000125 METIS / MR (1 METIS = 8,000,000 MR) on Tethys
- Max 2.5 METIS per wallet
- Hardcap: 50 METIS
- 10% transfer tax
- 5% to reward pool
- 3% to liquidity
- 2% to marketing / development
- We don’t know how public sale funds will be used
- Unsold tokens will be burned
- Roadmap includes NFT launch
There is no information on the farm itself, if it is a yield farm (fees, emissions, etc.), and no information on when the farm will launch.
