Below are the steps to take to participate;
1. Buy NFTs with BUSD
2. MFI is staked to your NFT
The higher your NFT the faster your MFI tokens multiply and the greater your share of the treasury assets and all Web3 projects MetFi invests in.
3. MFI Multiplies daily
4. Swap MFI for treasury assets or sell your NFT or MFI anytime
MetFi MFI Multiplier NFTs
Shrimp is a 1x MFI Multiplier so if you started with 1 MFI you will have 2 MFI (1x) at the end of the year and if you own a Humpback you will have 11 MFI (10x).
You can start from as little as 100 BUSD (Shrimp) and buy as much MFI as you want or buy higher NFTs and multiply MFI faster. MFI is always staked to your highest NFT so you always receive the correct MFI multiplier and you can upgrade NFTs at any time.
New MFI is added to your NFT daily and compounds.
Withdraw your accumulated MFI or sell your NFT at any time, your MFI is NOT locked for 1 year, or swap your MFI for treasury assets - swapped MFI is burnt, reducing MFI supply.
Our utility NFTs also grants you a proportional claim on all Web3 projects the DAO invests in and at times you may receive personal whitelisting, early-stage access to some of the projects that the DAO invests in.
Each NFT purchase includes MFI equivalent to 10% of the NFT price - the MFI is automatically staked to your NFT. Upgrade NFTs or stake more MFI at any time.
MetFi operates via smart contracts that were audited by Certik and published on GitHub allowing anyone to read MetFi DAOs code without being able to change it.
Our smart contracts operate autonomously which means they are self-executing, without any human intervention, performing only the tasks that they were programmed to perform into perpetuity.
