$META Liquidity Mining
It’s easy to participate, earn transaction fees and a weekly liquidity bonus in an asset-backed NFT portfolio
Following-up on the success of our NIFTY ONEz Liquidity mining program (month 1 yielding 18.7%) we are launching The META ONEz program that starts this Friday, November 13th at 3:00PM EST.
We will distribute 1% of The META ONEz shards EACH and EVERY week for the rest of 2020 to all Liquidity Mining participants. That is a whopping 1,000 shards per week! For example, if you provide 50% of the liquidity pool, you would receive 500 META tokens weekly.
Yeah, yeah, we know, this is certifiably nuts! But to get new users experimenting, learning and participating in this emerging asset class, incentive mechanisms make sense as GYB continues to lead the growth of new users into the NFT ecosystem.
A snapshot of all participating wallets is taken each Friday to determine which users participated the entire week and the percentage amount owned. Users will receive their pro-rata META shards directly in their ETH addresses within a few days of successfully providing liquidity during a full qualifying period. The first qualifying period starts on November 13 and ends on November 20th. Then, the 1-week period starts over again.
Follow these instructions and you’ll be part of the META ONEz Liquidity Pool. It’s easy to join and we are happy to walk you through it.
In order to follow these instructions, you’ll need an Ethereum Wallet and Metamask installed, and have some Ethereum to stake.
Start by going to Uniswap: https://info.uniswap.org/pair/0x4d301439be2301ce46cef80b7b8923cd757b8da8
Here you can see details about the META token and its associated trading history against Ethereum. Click the “+ Add Liquidity” button in the top right corner.
You’ll come to a page with the following window in the middle, asking how much META Tokens that you wish to add. The system will automatically calculate how much Ethereum you will need to provide (this will fluctuate based on the current trading price of META).
Clicking “Add” will show this window, with an estimate of how many “Pool Tokens” you will receive and what percentage of the total Liquidity Pool this represents. Pool Tokens represent both the ETH and META tokens that were contributed.
You may be asked to “Approve META” which will require an additional Click and Ethereum transaction to complete before you can hit the “Confirm Supply” button.
Once clicked, Metamask will pop-up one final approval request before the transaction will be officially sent to the blockchain. Once you click “Confirm” your Meta Liquidity addition will be sent to the Ethereum Blockchain and once completed, you will receive The META/ETH LP tokens in your Ethereum wallet.
Once completed, you’ll see your transaction is completed. Once the “Waiting for Confirmation” Dialog box goes away you will receive a link to the transaction on Etherscan, where you can verify that you have received your Pool Tokens.
Congratulations, you are now a liquidity provider! If you have any issues or want to discuss this, please join the Grow Your Base discord and be sure to check us out at https://www.growyourbase.co/
Of course, do your own research and review the RISKS information previously provided.
About GrowYourBase (GYB) Our mission is to make NFTs easily accessible to All. GYB is the best place to earn, learn about and build an NFT portfolio. Previous knowledge and digital wallet experience are unnecessary to start building your NFT portfolio today.
GYB continues to pioneer the NFT space with our GYB Creators Residency Program, the GYB Nifty Society Membership Program, the GYB NFTz Bundles and the GYB Nifty Liquidity Mining Programs.
This information is for general informational purposes only and is not intended to provide specific advice or recommendations for any individual or on any specific investment product. It is only intended to provide NFT education.
