Treasury Claims

In Q1 2023 the DAO will deploy a treasury claims module which will allow NFT owners to swap some of the MFI that is staked to their NFT in exchange treasury assets. The MFI that is exchanged will be burned by the treasury, reducing MFI supply, and the NFT owner is free to hold the new asset or dispose of it on the open market for whatever purpose they desire.

This deployment will allow MetFiers to HODL their NFT long-term and enjoy all of the benefits and utility that this brings while the MFI token burns counterbalance MFI Multiplier bringing MFI minting and burning into balance and supporting the MFI token price i.e. win/win.