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Mar 22 2022

TimePacific Time

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Mar 22 2022
  • Time: 5:00 pm



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.

  • 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.

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