How much is the MetFi (METFI) coin issuance?

With a capped issuance of 1 billion tokens, MetFi (METFI) ensures the scarcity and long-term value of its cryptocurrency.

Dec 31, 2024 at 07:24 pm

Key Points:

• MetFi (METFI) issuance is capped at 1,000,000,000 tokens.

Article:

1. MetFi (METFI) Coin Issuance

The MetFi (METFI) coin issuance is capped at 1 billion tokens. This limit ensures that the token supply remains scarce and valuable. The issuance limit is a key factor in determining the price of a cryptocurrency, as it affects the token's scarcity, volatility, and overall value.

2. Tokenomics and Distribution

The MetFi (METFI) tokenomics are designed to support the long-term growth and development of the MetFi ecosystem. The tokens are distributed as follows:

• 40% - Ecosystem Reserve (held by the MetFi Foundation)
• 25% - Token Sale
• 15% - Team and Advisors
• 10% - Marketing and Operations
• 10% - Liquidity Pools

3. Token Burning Mechanism

MetFi has implemented a token burning mechanism to further reduce the token supply and increase its scarcity. A portion of the transaction fees generated from MetFi services is used to buy back and burn METFI tokens. This process reduces the circulating supply, increasing the value of the remaining tokens.

4. Staking and Rewards

Holders of METFI tokens can stake their tokens to earn rewards. Staking rewards are paid out in the form of additional METFI tokens, providing a passive income stream for token holders. Staking also supports the security and stability of the MetFi network by incentivizing users to hold and participate in the ecosystem.

5. Governance and Voting

METFI tokens grant holders voting rights in the MetFi community. Holders can participate in governance proposals and decisions that shape the development and direction of the MetFi ecosystem. This includes voting on product features, community initiatives, and token allocations.

FAQs:

1. How many METFI tokens are in circulation?

Currently, there are approximately 400 million METFI tokens in circulation, with the remaining tokens held in the Ecosystem Reserve.

2. When was the METFI token launched?

The METFI token was launched in January 2023.

3. What is the purpose of the METFI token?

METFI tokens are used for governance, staking, transaction fees, and utility within the MetFi ecosystem.

4. How can I buy METFI tokens?

You can buy METFI tokens on various cryptocurrency exchanges, including Binance, KuCoin, and Gate.io.

5. What is the future outlook for METFI?

The long-term outlook for METFI is positive, with continued growth expected thanks to the ecosystem's strong tokenomics, innovative technology, and active community.