MetFi (METFI) coin issuance price and quantity introduction

MetFi's public token sale will issue 10 billion METFI tokens at $0.01 each, allocating 30% for the sale and distributing tokens over a vesting schedule for key stakeholders.

Dec 31, 2024 at 07:20 pm

MetFi (METFI) Coin Issuance Price and Quantity Introduction

Key Points:

• MetFi's public token sale details, including issuance price and total available supply
• Overview of token distribution and allocation strategy
• Timeline for token distribution and vesting schedule
• Understanding the role of METFI tokens in the MetFi ecosystem

Token Issuance Details

MetFi will conduct a public token sale to distribute its native METFI tokens. The token issuance price and total quantity will be as follows:

• Issuance price: $0.01 per METFI token
• Total available supply: 10,000,000,000 METFI tokens

Token Distribution

The distribution of METFI tokens will be structured as follows:

• Public Sale: 30% (3,000,000,000 METFI)
• Team and Advisors: 15% (1,500,000,000 METFI)
• Marketing and Community: 10% (1,000,000,000 METFI)
• Ecosystem Development: 20% (2,000,000,000 METFI)
• Reserve: 25% (2,500,000,000 METFI)

The reserve tokens will be held for future ecosystem development and strategic partnerships.

Vesting Schedule

The team and advisor tokens will be subject to a vesting schedule to ensure alignment with the project's long-term goals. The vesting schedule is as follows:

• 10% released at Token Generation Event (TGE)
• 10% released every 6 months for the next 2 years

Role of METFI Tokens in the Ecosystem

METFI tokens play a crucial role in the MetFi ecosystem, offering several utility functions:

• Governance: METFI holders can participate in the decentralized governance of the MetFi platform, voting on protocol upgrades, fee structures, and other key decisions.
• Staking: METFI tokens can be staked to earn rewards and support the security of the network.
• Transaction Fees: METFI tokens will be used to pay transaction fees on the MetFi platform, similar to gas in the Ethereum ecosystem.
• Access to Products and Services: METFI tokens will provide access to exclusive products and services within the MetFi ecosystem, such as yield farming, lending, and borrowing.

FAQ

Q: How can I participate in the public token sale?
A: Details on how to participate in the public token sale will be announced through official MetFi channels closer to the event.

Q: What is the hard cap of the public token sale?
A: The hard cap for the public token sale will be determined based on market conditions and investor demand.

Q: When will the METFI tokens be distributed after the public token sale?
A: The METFI tokens will be distributed to participants of the public token sale within a specified timeframe following the conclusion of the sale.