April 15, 2022
min read

Metabonding Is LIVE!

Metabonding is the best opportunity to get ready for the next game changing projects building with internet-scale blockchain technology.

Slowly, then suddenly. That’s how disruptors emerge, changing everything seemingly overnight. In hindsight, their path to success seems obvious. But by the time it does, it might be too late to enjoy the explosive upside.

Every startup wants to be the next disruptor, to implement groundbreaking thinking, technology, execution, in a way that gives them a meteoric rise on all fronts. Participants in Metabonding are building a portfolio that just might include the next big thing.

And they are starting to do so today.

Snapshots and Rewards

The snapshot data for staked and/or delegated EGLD, and for LKMEX staked in Metabonding, has already been loaded. It includes the last 4 weeks and can be reviewed here:

Daily values are included in the snapshots, and a weekly average is used. Metabonding weeks begin on Thursday and include data up to the next Wednesday, which translates into claimable results next Thursday (the next day).

Rewards are thus generated on a weekly basis, and are claimable for 4 weeks starting on the day they become available.

For example, rewards generated based on Week 10 snapshot data are available on the first day of Week 11 and can be claimed until the last day of Week 14. Be mindful that a “day” on Elrond starts & ends at ±15:00 UTC on each day. That is the time when the Elrond blockchain transitions into a new “epoch”, a unit of time equivalent to 24 hours.

Metabonding evolution

Today is Day 0 for Metabonding, a powerful concept that has already evolved since its inception, and will continue to evolve even further.

In addition to the new projects that will be added in the next days and weeks, new features will be added:

Quests - a possibility for users to increase their rewards by engaging with participating projects via social media, community events, product adoption and testing, and more.

Fiat onramp - participating tokens will be available for direct onboarding via our partners, giving community members more ways of directly accessing tokens, thus increasing liquidity and volume.

Take the opportunity to grab an early stake in the next best thing.

Join Metabonding and be the driving force behind the next game changers that will emerge on the Elrond Network.

Author Profile Picture
Beniamin Mincu
Co-founder & CEO

Beniamin Mincu, the co-founder & CEO of MultiversX, is a distinguished tech visionary and one of Europe's early blockchain pioneers. With a notable background as Product & Business at Nem Core in 2014, he subsequently founded and led MetaChain Capital as its CEO. Beniamin continues to shape the future of technology and blockchain with his unwavering vision and leadership.

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Author Profile Picture
Beniamin Mincu
Co-founder & CEO
Published on
April 15, 2022
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