Staking
Similar to Curve Finance, our mechanism is built on the principle that value is conferred only after holders stake their tokens for a specific time period. In our case, stakers will not receive $METAONE rewards but rather “veTokens” up to a maximum of 100 times the staked $METAONE. The rate at which veToken is released is determined by two factors, the base rate and the acceleration rate.
100
0.000003215020576
28
278
2778
10000
1000
0.000003215020576
278
2778
27778
100000
The first time users stakes $METAONE, they receive an accelerated rate of veToken (2x) for 15 days. In order to continue with the same acceleration rate, they will need to stake more than 5% of their existing stake amount.
0
100
0
15
105
833.333333
30
110.25
1708.333333
45
115.7625
2627.083333
60
121.550625
3591.770833
150
162.8894627
10481.57711
veToken
With veToken in hand, holders can stake their veTokens to get access to various benefits.
veToken is non-transferrable and can only be used for staking in our smart contract. All veToken exchanged back for $METAONE will be burned.
Yield
Stakers will earn a share of the profit generated from membership fees and asset leasing transactions. To dynamically calculate the pool APY, we will consider the total amount of staked veToken and the time period of each individual stake.
All yields will be paid in USDC.
Voting
Once the MetaOne platform DAO is established, veToken will be required to exercise voting rights. 1 veToken will equal 1 vote.
Governance
We intend to create a decentralised autonomous organisation (DAO) to administer the MetaOne platform once our community is established. At the beginning, only some decisions will be made by the DAO, but the goal is to eventually move most of the decision making to it in order to create a truly open and democratic platform.
Staking yield calculations
Which games to connect
Revenue allocations
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