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MEVerse

Guideline of MEVerse DEX

MEVerse DEX is officially launched on 2nd May 2022, and the farming will start on 3rd May.

MEVerse Bridge supports MEVerse, Ethereum, Binance Smart Chain, Polygon, and Klaytn networks. Some digital assets such as BTC, ETH, USDT, USDC, and Klay can be converted to MEVerse mainnet as well as MEV, Cherry, and MEFI tokens. There is no additional bridge fee for conversion to the MEVerse network, only the default network fee is required.

MEVerse DEX, unlike MEVerse Connect, provides various services such as digital asset swapping, liquidity provision, yield farming, and IMO(Initial MEVerse Offering), a new MApp launchpad. Also, it provides an NFT marketplace where users buy and sell MEVerse-based NFTs.

We inform three things regarding MEVerse DEX.

Key Point 1. How to receive the Genesis NFT

1)Users who locked-up 500 USDT within the event period can receive the Genesis NFT. (2-month lock-up)
2) A MEVerse Formulator holder who connected MEVerse Keystore’s Key on MetaMask can receive the Genesis NFT. (Snapshot on 6th May)

  • Event Period: 2nd May — 6th May.
  • Users can choose either 1 or 2 to receive the Genesis NFT.

Key Point 2. Connecting MEVerse Keystore’s Key on MetaMask.

Step 1) The users who have Formulator on the MEVerse Account are recommended to connect their MEVerse Keystore’s Keys on MetaMask. Follow the guideline.
Step 2) After the connection users should go to MEVerse DEX and approve ‘Your NFTs.’

Key Point 3. MEFI Farming Schedule

  • The users need to choose and deposit their digital assets of the pair or the pool on 2nd May, but the actual farming will start on 3rd May at 09:00 UTC.

As you all know, MEVerse will launch ‘Pocket Battles NFT War,’ a P2E/NFT version of Pocket Battles, a casual strategy battle game of the ME2On Group. MEVerse DEX will open IMO of the Pocket token, a digital asset utilized in Pocket Battles NFT War, and the Hero NFT minting event will also be held on MEVerse DEX.

Along with MEVerse Bridge and DEX, we will continue to expand our ecosystem more widely and globally.

Please stay tuned.

MEVerse DEX: https://meversedex.io/

✅‘MEVerse DEX Info’ page

On the Info page on MEVerse DEX, users can see the MEVerse DEX stats, Liquidity, and DAO Fund Assets.

✅‘Swap’ page

  • From: Choose the token that you have and wish to convert.
  • To: Choose the token that you want to receive.

Users need to click ‘Approve MEV’ to approve the access to the wallet for the very first swap.

✅Swap Fee: 0.3% from the digital asset that you wish to swap.
✅If users want to swap USDT, the swap fee will be paid in USDT. Otherwise, MEV will be requested.

✅‘Liquidity’ page

Users can receive the LP token on the Liquidity page by providing liquidity at a 1:1 rate of the digital assets. They can stake on the Farm page with the LP tokens.

Users need to click the ‘Approve’ buttons on each digital asset to access the wallet before actually providing the liquidity.

✅ A transaction fee of 0.1 MEV is requested for clicking the ‘Supply’ button.

After ‘Approve,’ users need to click ‘Supply’ to provide the actual liquidity.

✅ A transaction fee of 0.1 MEV is requested for clicking the ‘Supply’ button.

After this process, users will completely provide the liquidity and receive the LP token. They can stake it on the ‘Farm’ page on MEVerse DEX.

✅‘Farm’ page

Users can deposit their asset to the pairs or MEFI single pool on the Farm page.
To deposit to a particular pair, they should go to the Liquidity page, provide liquidity to the two tokens of the Pair they want, and get LP tokens as a reward. Afterward, users can deposit them to the Pair.

Example)

To deposit, users should click the ‘Approve’ button to allow MEVerse DEX to access the LP token.

✅ A transaction fee of 0.1 MEV is requested for clicking the ‘Approve’ button.

After approval, users should click ‘Deposit’ to deposit the LP token.

✅ A transaction fee of 0.1 MEV is requested for clicking the ‘Deposit’ button.

The asset deposit is now completed.

<Additional Guide>

APR: Annual Percentage Rate
Deposited: The amount of the deposited asset
Earned: The amount of MEFI users get after the deposit
Pool Liquidity: The amount of liquidity of the pool

Harvest: Users can click it when they want to receive MEFI they earned.
Withdraw: When users want to withdraw deposit, they can click it.
✅ A transaction fee of 0.1 MEV is requested for clicking the ‘Harvest’ or ‘Withdraw’ button.

✅‘NFT’ page

Users can see the image of Formator NFT in their MEVerse Account.

Prior to it, they should apply their Private Key of MEVerse Keystore to MetaMask.

How to apply KEY on MetaMask: https://medium.com/meverse/how-to-apply-meverse-keystore-key-on-metamask-837c9ac05f91

After connecting MEVerse Keystore Key on MetaMask, users need to visit MEVerse DEX, go to ‘your NFTs’, and then activate Formulator NFT on the Formulator tab.

✅‘Genesis NFT’ Event (This event will end on 6th May 2022)

To receive the Genesis NFT, users need to locked-up 500 USDT within the event period.

Visit MEVerse DEX -> Click Genesis NFT -> Stake 500 USDT.

Genesis NFT Benefit
✅Discount of Swap Fee on MEVerse DEX (0.15%, 50% off)
✅IMO launchpad and MApp NFT whitelist

As we announced, MEVerse will launch ‘Pocket Battles NFT War,’ a P2E/NFT version of Pocket Battles, a casual strategy battle game of the ME2ON Group. MEVerse DEX will open IMO of the Pocket token, a digital asset utilized in Pocket Battles NFT War, and the Hero NFT minting event will also be held on MEVerse DEX.

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[Notice]

The amount of assets resulting from a swap may vary depending on the size of the swap, the available liquidity in the pool (ratio), and the real-time status of deposits & withdrawals.

Unpredictable loss may occur due to the price fluctuation, and users’ assets may be deposited or withdrawn to or from the pool.
For the protection of the users’ assets, users should verify the details and information of the token and its foundation. Please do your own research about the risk and benefits of your transactions before you swap or provide liquidity.

All values shown on MEVerse DEX are estimates, and real-time price accuracy is not guaranteed. Please read additional information about MEVerse DEX above.

About MEVerse

MEVerse is a medium and blockchain metaverse platform that connects Metaverse and ME. With its lightning-fast speed and low fees, it is the most optimum platform for Metaverse, covering Entertainment, P2E games, DeFi, NFT, and others. MEVerse provides a customized multi-chain structure with an easy development environment for MApps(MEVerse/Metaverse/ME+DApp) and a fast and convenient environment for participants.

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Feel free to join and connect with us through our official channels below:

Website: https://www.meverse.sg/

Twitter: https://twitter.com/MEVerseOfficial

Telegram: https://t.me/MEVerse_EN

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