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Metaegg The Power of DeFi and GameFi combined

Table of Contents

DeFi / Metaverse / GameFi

Metaegg The Power of DeFi and GameFi combined

Metaegg

By Metaegg

Created a month ago, last updated a month ago
6 min read
Metaegg The Power of DeFi and GameFi combined

Table of Contents

During this bull run, we’ve seen many new projects starting up as well as blossoming into full-blown platforms that offer a multitude of advantages for crypto veterans and crypto newbies alike.

The Metaegg team intends to one-up all these solutions by delivering something that has been only discussed previously, or used as a buzzword, but never delivered by a team. We will deploy a truly one-stop-shop for all your crypto needs — within a record product delivery timeframe.

This is made possible by the fact that we already developed a good portion of mechanisms that crypto users require to efficiently navigate the crypto space.

Let’s take a deep dive into this new incredible concept that has yet to hit the crypto market, and we are counting on being the first to do so!

The Metaegg Platform

The Metaegg.io platform is our solution for all the crypto space issues as well as possibilities within the ecosystem. It will embody both the GameFi mechanisms and the DeFi mechanisms which are already being developed!
The platform is envisioned to enable crypto newbies ease-of-use, and at the same time offer crypto veterans the ability to utilize every crypto mechanism they wish to use — whilst never being forced to use anything else other than Metaegg.io/Metaegg.Finance.

Upon landing on the platform, users will be able to create a non-custodial wallet in less than 30 seconds. This wallet will provide users with access to an immense amount of possibilities, such as accessing a DEX aggregator which offers the best market price for every asset, fiat on & off ramps, NFT marketplace, the Transaction Builder, DeFi launchpad, Cross-chain bridges, yield farming, ease of staking different cryptocurrencies through the same medium and so much more!

By using the Metaegg.Finance platform users can expect hassle-free access to DeFi assets, saving up to 50x on transaction costs, High Yield DeFi instruments at a click of a button, seamless transition between GameFi and DeFi wallets as well as exposure to DeFi exclusive class of assets!

Users will be able to trade a wide variety of cryptocurrencies at the launch of the platform as the current DeFi solution, which will be integrated into the new platform — already in testing with many assets. These assets will be immediately available for trading, whilst new assets will be added, as new blockchain integrations occur. We will start the blockchain integrations with the most popular ones — Ethereum and EVM-compatible blockchains, as well as with Solana and Polkadot.

The list of assets available for trading will be continually expanded throughout the Metaegg.Finance platform’s lifetime!
There are some other unique aspects to the Metaegg.Finance platform which are Price Prediction Gaming, Lottery, Games.

All these utilizations will be secured and supercharged by a DAO as well as an Ecosystem Treasury Fund that will be accessible via the DAO. This will ensure that the Metaegg ecosystem is managed by the community itself, and it will also ensure all great ideas that aim to improve the ecosystems’ functionalities — easily get the funds required to turn them into a reality.

Dual token system

To ensure maximal efficiency of our ecosystem — we have designed a dual token system that consists of the MEGG token and the FGG token.

MEGG token’s primary function is to act as the fuel for the DeFi fungtions.

Token: $MEGG

Chain: BNB Smart Chain (BEP20)

The basics:

$MEGG token that powers the https://metaegg.finance/ ecosystem.
Earn MEGG from Farms and Syrup Pools, win it in the lottery, or buy it on the exchange, then explore its use cases:
  • Stake it in Game Pools to earn free tokens
  • Use it in Yield Farms to earn more MEGG
  • Buy Lottery tickets in the Metaegg Lottery (coming soon)
  • Participate in IFO Token Sales (coming soon)
  • Create your Metaegg Profile and mint NFTs (coming soon)
  • Vote on proposals relating to the Metaegg ecosystem

But that's not all -- there's much more on the horizon for MEGG!

$MEGG is a fungible, inflationary, cryptocurrency. It makes possible the economy inside the DeFi metaverse. It also will help as a bridge between binance Network and the rest of the blockchains in our efforts to make the Meaegg multi-chain.

$MEGG is burned, or spent, in exchange for LANDE/PLACE, ESTATE, or NFTs. There are many utilities for Metaegg NFT and MEGG-Tokens. Please refer to NFT & Tokens Utility for more information.
Please, refer to our Roadmap to know the complete launchpad.

Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (that’s right, millions love us!) — what are you waiting for?

Tokenomics

Max Supply - 750 million MEGG (96.9% minting by DeFi ecosystem).

$MEGG Burning Mechanics (Destroying)

  • 0.0575% of every trade made on metaegg.finance
  • 20% of MEGG spent on lottery tickets
  • 100% of MEGG spent on Profile Creation and NFT minting
  • 100% of MEGG bid during Farm Auctions
  • 100% MEGG to Buy Land & Property
  • 100% of MEGG performance fees of various types of platform services

How $MEGG supply is reduced

Metaegg aims to make deflation higher than emission by building deflationary mechanisms into Metaegg's products. The goal is for more MEGG to leave circulation than the amount of MEGG that's produced.

Reducing block emissions

By reducing the amount of MEGG made per block, we slow inflation.

Deflationary mechanisms

Regular token burns are built into many of Metaegg's products (like a 20% burn of MEGG spent on lottery tickets), with more on the way.

The MEGG tokens will provide utility, advantages and promotions to the holders as well as governance functionality for the entire Metaegg ecosystem.

In other words, holding MEGG tokens will allow you to cast a vote via the Metaegg DAO, wherein the quantity of the MEGG tokens users hold — will affect the weight of their vote.

This means that the greater the amount of MEGG tokens users hold, the greater the chance will be they will be able to nominate themselves for specific roles in the Metaegg ecosystem — which will provide advantages.

Holding a large amount of tokens will provide the holder with a significant voting weight which can ultimately determine how the Metaegg treasury funds are allocated, as well as determine which tech developments and promotion programs are accepted by the DAO community.

MEGG holders will likewise enjoy early access to our newest features, as well as access to a ‘airdrop’ mechanism for using DeFi services!

Token: $FGG

Chain: BNB Smart Chain (BEP20)

Supply and Earning

FGG has 750M supply and 100% of it earned by PVE's Play to Earn & Move to Earn.

FGG Burning Mechanics (Destroying)

The FGG is burned by:

  1. 1.Fuel buying (Car Fuel, Energy Drinks)
  2. 2.Repair ( Vahcil, Body, Items)
  3. 3.Destroying NPC NFTs
  4. 4.Upgrade (Weapons, Werbels, Places, Items, Vehicles)
  5. 5.Unlocking (Zones, Missions, Levels)

The MEGG tokens will provide utility, advantages and promotions to the holders as well as governance functionality for the entire Metaegg ecosystem.

In other words, holding MEGG tokens will allow you to cast a vote via the Metaegg DAO, wherein the quantity of the MEGG tokens users hold — will affect the weight of their vote.

This means that the greater the amount of MEGG tokens users hold, the greater the chance will be they will be able to nominate themselves for specific roles in the Metaegg ecosystem — which will provide advantages.

Holding a large amount of tokens will provide the holder with a significant voting weight which can ultimately determine how the Metaegg treasury funds are allocated, as well as determine which tech developments and promotion programs are accepted by the DAO community.

MEGG holders will likewise enjoy early access to our newest features, as well as access to a ‘airdrop’ mechanism for using DeFi services!

Conclusion

The Metaegg team has come far since the begning of 2022. Initial roadmap have been delivered on every promise we gave to our community. Now we are striving for more, we are striving to launche the main platform with virtually every crypto mechanism there is — for the purpose of providing the ultimate product for our users.

There is, however, so much more to come! The beginning of our new adventure will start with the release of our new MEGG token.

Our to-be-released platform will be the ultimate solution for the modern individual, bringing all the possibilities of decentralized finance — at your fingertips.

Find out why — follow us on social media and join our Telegram Community and Telegram News channels!

Social Media

Telegram Community — https://t.me/metaegg_io
Telegram Announcements — https://t.me/metaegg_ann

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