Utility and Specifications
Table - MTS tokens specifications
Token type | BEP-20 (BSC) |
Ticker | $MTS |
Network | BSC |
Total supply | 1,000,000,000 (hard cap) |
Pre-sale | |
Role of the token | Utility, Governance, Value Transfer |
Staking Rewards | Rewards will be based on time duration of staking the $MTS Token |
Working Mechanism | Staking and Liquidity pool |
BSC Scan link | |
PancakeSwap link |
In general, $MTS token will be used to:
Platform payment fees
Staking and liquidity mining
Governance
Means of rewards distribution
Prize Pools and Sponsored Tournaments
Native token for launchpad
For Platform Value-added services (Creator Support, Advertising and Promotions, etc.
MTS tokens specifications
Staking
Staking $MTS is a process that involves committing your $MTS tokens to support the platform and also confirm transactions. Staking $MTS is a way to put your pledged assets to work and passively earn rewards.
Burn
Towards making our token a deflationary token, and increasing its value, Metastream will employ the concept of burning. Cryptocurrency tokens or coins are burned when they are permanently removed from the circulating supply on purpose — as opposed to assets that are lost on accident, like by being unintentionally sent to an address with no owner or via the loss of access to the wallet where they are stored.
Burn Schedule:
30 June 2022 -
20 September 2022 -
9 Novembre 2022 -
11 January 2022-
14 February 2023-
These burn schedules are subjected to further changes according to necessity. Updates will be sent again closer to the date.
Vote
Our token has a voting proposal that empowers our token holders to help define the future of Metastream. Our users will be able to influence project choices, such as submitting and voting on new feature requests and changing the governance structure itself.
Proposal Creation
By calling the necessary governance protocol, a user can make suggestions to help redefine the platform using the required quantity of MTS tokens to hold. Although there is no strict rule on the types of recommendations that can be made, it is beneficial for users to make proposals and suggestions that would aid the organization's overall growth.
Liquidity
A functioning crypto liquidity pool must be built in such a way that liquidity suppliers are encouraged to stake their assets in the pool. That's why most liquidity providers get paid by the exchanges they pool tokens on in trading fees and crypto incentives.
$MTS tokens will be the means of reward to claim as fees generated by the liquidity. These fees can be claimed at any time whenever needed. Liquidity providers have the option to use their funds to generate passive income for themselves. When the allotted time for provided liquidity lapses, users have the chance to claim their tokens along with generated returns from liquidity provided. Anyone can provide liquidity provided; the primary requirement will be a wallet to make deposits and receive payouts. When it's time to claim liquidity, the address provided for making deposits will be used for receiving MTS tokens.
Last updated