Skip to content

NFT Functions

MetFi NFTs:

  • Hold staked MFI tokens,

  • Determine MFI multiplier,

  • Determine matrix placements,

  • Determine and receive BUSD rewards,

  • Determine governance voting power.

Your NFT holds all of your staked MFI tokens.

Your NFT calculates the MFI Multiplier that generate new MFI tokens every 12 hours (1x to 10x).

Higher-level NFTs have more voting power with some providing 10 to 20 times the voting power per staked MFI compared to MFI that are not staked to an NFT (Voting Power).

In the MetFier Rewards program, each NFT #1 to #10 represents a position in a corresponding matrix. For instance, when you buy a Shrimp (NFT #1) it opens Matrix #1 and places your NFT #1 in it. When you upgrade to say a Dolphin (NFT #5) it opens Matrices #2, #3, #4, and #5 and places your Dolphin NFT #5 in all 5 of your matrices.

You need to buy the preceding NFT before you can buy the next level of NFT but to keep it simple you can purchase as many NFTs as you like in one transaction, up to a maximum of 10 NFTs.

MetFier rewards are instantly and automatically distributed to all eligible NFT holders’ wallets in the form of the BUSD stablecoin via smart contracts in the same transaction as the NFT and/or MFI purchasing event, creating a permanent reward relationship between the buyers NFT and your NFT.

MetFier rewards are stable and sustainable with a fixed % of every newly minted NFT and MFI staking event distributed to all eligible NFT owners in the same transaction as the purchasing event ensuring that reward liablities can never accumulate with zero impact on the MFI token price.

N.B: Your account, MFI Multiplier, matrix structure, MetFier rewards, and referral links are connected to your NFT, not your wallet. If you transfer or sell your NFT to another wallet all of the account data and benefits are transferred to the receiving wallet, making it possible for NFT holders to sell their NFTs on the MetFi Marketplace.