The MFI token is a BEP20 token on the BNB Smart Chain (BSC). There are no sales taxes when buying the token. It has 3 main functions:
Staking for MFI Multiplier yield,
Staking for proportionate claims of treasury assets,
Governance over MetFi DAO.
The MFI token is deeply integrated with MetFi NFTs. Holding a MetFi NFT with staked MFI tokens grants the holder their proportionate claim of treasury assets and significantly increases the holder’s voting power which gives the holder a direct influence in MetFi DAOs direction, including which projects MetFi DAO invests in and incubates.
MFI tokens are openly traded on PancakeSwap, BitMart and LBank.
Native liquidity is provided as an MFI/BUSD pair on PancakeSwap which is also being used by the protocol to execute token buys and token buybacks.
MFI is a rebase token that can be minted or burned solely by the treasury when predetermined functions defined by the smart contract are triggered (Treasury).
MFI is fully ERC20 and EVM compatible meaning the token can be held on any Ethereum-based DeFi wallet and has the foundational code for cross-chain interoperability.
MFI is multichain compatible and could be bridged to other chains in the future if it is beneficial to do so.