Minting & Distribution
Aside from the tokens sold during private sales, we will offer two primary ways of minting and distributing $METAONE, with the goal of always keeping demand for the token higher than its supply.
MetaOne Bonds
MetaOne bonds will act as the official minting and distribution mechanism for $METAONE. We will encourage retail and crypto investors initiallyโand later gamersโto purchase MetaOne bonds at a discount of between 5% and 10%. Of the USDC gained from the bond sale, half goes to the purchase of $METAONE and half is added to the $METAONE/USDC liquidity pool along with the purchased $METAONE.
An example:
$METAONE initial price
0.15
Bond price
0.14
Value of bond purchased
100,000
Latest $METAONE price
0.2
USDC volume in liquidity pool
400,000
$METAONE volume in liquidity pool
2,000,000
$METAONE generated
714,285
The $METAONE price used at the time of a bond sale will be the token price in the PancakeSwap pool at that moment.
All tokens purchased using this method will have a 60-day cliff, at which point they can be withdrawn from the platform and sold on the open market. During the vesting period, however, the tokens can be used for platform activities such as NFT purchases.
We will integrate bond purchases directly into the platform so that all users will be able to buy $METAONE at a discount with a single click.
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