Metanyx's betting service crypto platform offers the easiest way to place bets and earn passive income from your crypto assets.
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Description of the Metanyx crypto site
Metanyx — a multi-network blockchain validator, providing full flexibility to the betting community. Highly secure and reliable block producers for Proof of Stake protocols work here. Metanyx helps institutional investors and regular token holders to generate additional passive income by protecting the crypto chain network.
Key features:
| Passive income | Placing your cryptoassets with Metanyx provides additional passive income by protecting the underlying blockchain. |
| Network dividends | Proof of Stake networks offer investors a new way of earning dividends from your capital investment. |
| Control | You always control your crypto assets with a non-custodial wallet, protect your assets with a hardware wallet. |
METX has a maximum supply of 1 billion in each respective network, with 10% of the remaining supply, allocated each year. The economic design of METX ensures price stability, the price will rise as Metanyx's share of votes increases. METX is a reward token that resides on the IOST and IoTeX blockchains. METX is distributed to voters every day, based on their percentage of the vote. Every year, the daily distribution is decreasing, which increases the scarcity of new METX tokens.
METX is issued at 10% of the remaining offer for an indefinite period of time, with a reduction in the amount every 365 days. METX can be thought of as a farm token since you are betting your IOST on getting METX.
Social networks and more
METX is currently available on IOST and IoTeX, with both networks maxing out at 1 billion with a similar distribution model. METX - a reward token that can be easily expanded to other networks and listed on other exchanges in the future. Metanyx will never sell METX, it is just a reward token that could also help with governance voting and other useful features in the future. There is no WhitePaper document on the site. Instead, information is available on the homepage and in the About section. There are future updates in RoadMap.
From social networks, the community leads:
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