MetFi DAO FAQs

MetFi DAO FAQs

1. Can MFI Multiplier fluctuate?

No, the multiplier factor of each NFT is fixed for life. Upgrade your NFT if you want a higher MFI multiplier.

2. What is Balanced Strategy?

It's advisable to allocate between 40-60% of your budget on an NFT and the balance on buying extra MFI. Use the calculator above to see what happens when you follow this strategy.

3. How many MFI do I get when I buy or upgrade NFTs?

That depends on which NFT you buy and the price of MFI at that time as your MFI is purchased from the open market on your behalf. You automatically receive 10% of the NFT purchase price as complimentary MFI so if you buy a Shrimp NFT for 100 BUSD you receive 10 BUSD of MFI at the market price.

4. Can I sell my NFT?

Yes, you can sell your NFT at any time.

5. Can I unstake my tokens and sell them?

Yes, you can unstake your tokens at any time. Once unstaked you can sell your MFI tokens on PancakeSwap.

6. Who owns MetFi?

MetFi is owned and controlled by all MetFi community members that own MFI tokens.

7. Why should I buy a MetFi NFT?

Buying a MetFi NFT gives you a stake in all MetFi treasury investments. Profits generated by the treasury are dispersed daily to all MetFi NFT owners in the form of newly minted MetFi (MFI) tokens. The number of new MFI tokens that you receive is entirely dependent on the NFT that you own and the number of MFI tokens that you have staked.

8. How do I buy an NFT?

You only need a minimum balance of 100 BUSD in your wallet, plus some change for gas to buy NFT 1, the Shrimp. Simply click on the NFT that you want to buy and approve the transaction to become the proud owner of a MetFi NFT.

9. How do I buy BUSD?

Please follow the tutorial here.

10. I can't see BUSD in my wallet?

If you are using MetaMask you will most probably need to import the BUSD token to your assets. To do this:

* Open your MetaMask
* Look at the Assets tab under your account
* Scroll to the bottom to locate "Import tokens" button and click it
* Insert this token address: 0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56
* Confirm by clicking "Add Custom Token"

If the other fields don't fill in automatically double check the token address and add:

* Token Symbol: BUSD
* Token Decimal: 18

Click to Buy MetFi NFT