2.1: MediaCoin Yield

We are excited to announce our Partnership with MediaChain!arrow-up-right We will be offering access to their Farming Program via our NFTs as part of our agreement!

Quick overview:

  • Investments stay with the NFT, not with the investor

  • MetaStonez acts as the intermediary between NFT holder and MediaChain (trustless protocol)

  • MediaChain offers farming of 10% of invested $STONE in $MC (MediaCoin) equivalent as ROI/month.

  • Upon claiming farmed $MC tokens of an NFT, the MC tokens are burned (the first 50,000,000 sold $MC tokens), and converted by MediaChain into $USDT which is sent to the liquidity pool, while the holder claims the equivalent in $STONE.

  • 1% of $MC tokens is given to charity upon claiming.

  • If the price of the $MC tokens rise, the $STONE amount claimable is rising with it.

  • MediaChain's Farming Program has been running for over 1 year

  • 13,000+ investors on their platform with over $60M in investments

The MC Farming Program is expectedly going to last 2-5 more years, while the $MC burning is expectedly going to last 1-1.5 more years. Read more about The Farming Programarrow-up-right carefully before making any financial decision.

The question arises: why invest through MetaStonez?

The funds when making an investment are locked. For yield farming investments, that means the yield receiver will always be the investor. With MetaStonez, the investments are itemized, which enables transfer of ownership, whereas the NFT holder is the item owner, and ultimately yield receiver.

This feature makes MetaStonez NFTs an ideal form of collateral.

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