MetaFinance 101 : MetaTrigger General FAQs
MetaFinance is a community-driven DeFi integrated commercial complex that includes multi-chain mining pools, aggregated DEX, DAO governance, Yield Aggregator and NFT market.
🚀MetaFinance’s Yield Aggregator— — MetaTrigger is launched on 7th June, 2022. You can find the MetaTrigger General FAQs here 👇
Questions answered in this document
1. What is MetaTrigger? To whom does this product benefitâť“
2. What are the advantages of this productâť“
3. Is the product secure? Has it been auditedâť“
4. What is the lowest $CAKE requirement for the participation of MetaTrigger’s Auto-Compounding $CAKE Pool ❓
5. Can I withdraw my assets in MetaTrigger at any time?
6. Where can I find the how-to guidelinesâť“
7. What is MetaTrigger Starfish (the Referral Rewards Program)âť“
8. Besides $CAKE Pool, will more token pools be available on MetaTrigger âť“
9. I see that MetaTrigger is currently deployed on the BSC chain. Will it support Ethereum or other chains in the futureâť“
- What is MetaTrigger? To whom does this product benefit?
In short, MetaTrigger is a multi-chain yield aggregator powered by MetaFinance, starting with its deployment on the BSC chain; to help users gain more cryptocurrency and increase their passive income in various ways, including optimal staking pools matching strategies & auto-compounding strategies.
For more information, you may find your answer in our MetaFinance Telegram Community: https://t.me/metafinanceglobal.
Or in this medium article:
2. What are the advantages of this product?
There are many advantages in participating MetaTrigger.
Firstly, the most critical answer is the efficiency. MetaTrigger makes it easier for investors to participate in the DeFi project and gain income compared to its competitors; it is easy for users to participate in mining by simply operating in the DAPP of MetaFinance, with a low-threshold of operation.
Secondly, MetaTrigger is able to maximize your return by MetaTrigger yield farming strategy pool. the pool uses the optimal staking pool matching strategies & compound interest investment to boost 10%-50% on the base APY, which comes with the $MFI bonus.
Last but not least, MetaTrigger has a significantly lower gas fee which will save plenty of unnecessary cost. In MetaTrigger, the cost per investor is reduced because of the shared gas fee; the lower gas fee also contributes to the automatic execution of auto-compound investment operations to get a higher APY.
Of course, there are other advantages that explains why you should choose MetaTrigger, you can find your answer in this medium article:
https://metafinance-mfi.medium.com/7-reasons-why-you-choose-metatrigger-a05e6d845229
3. Is the product secure? Has it been audited?
One of MetaTrigger’s key advantage is its security. All MetaTrigger smart contracts are open source and audited by professional security audit institutions; the contract automatically executes all operations. The projects offered for mining on MetaTrigger are also selected from audited, high-profile and hot projects to ensure the safety of users’ on-chain assets.
4. What is the lowest $CAKE requirement for the participation of MetaTrigger’s Auto-Compounding $CAKE Pool ?
Thank you for your interests in MetaTrigger! The minimum requirement to participating of MetaTrigger’s Auto-Compounding $CAKE Pool is 1 CAKE.
5. Can I withdraw my assets in MetaTrigger at any time?
Yes, the users may withdraw their assets any time they want! The assets are not locked in the MetaTrigger contract. There is no risk interface; users can withdraw their assets from MetaTrigger anytime, anywhere.
6. Where can I find the how-to guidelines?
Thank you for your interests in participating in MetaTrigger, you may find the guidelines with simple instructions in this medium article below:
đź”—https://metafinance-mfi.medium.com/guidelines-how-to-participate-metatrigger-a88c4d681daa
7. What is MetaTrigger Starfish (the Referral Rewards Program)?
MetaTrigger Starfish — the referral rewards program is a new approach of user incentives under MetaTrigger. The core of Web 3.0 world is sharing, and Starfish encourages the community members to actively share and gain referral rewards, enabling users to earn more than the normal staking pools through MetaTrigger. You will receive an equivalent $MFI referral rewards of 5%/7%/10% of your referrals’ earnings depending on the amount of their staking, and the referred users will receive a 10% increase factor as bonus as well.
For example, user Jack has shared MetaTrigger with his friend, Ben. Therefore, Ben typed Jack’s wallet address as referral address and deposit $10,000 worth of CAKE to join CAKE’s compound interest pool when he signed up for MetaTrigger.
Since he entered a valid address, Ben can enjoy a 10% additional increase factor for his investment, which means Ben is enjoying the compound interest of 11,000 dollars ($10,000+ $10,000* 10%)!
What’s more, if Ben can increase his sum of investment to $200,000, up to $1 million, Jack can earn from $3,000 to $30,000 in MFI rewards, which are sent directly from MetaFinance!
You may find other information for MetaTrigger Starfish and MetaTrigger’s strategy in this medium article:
8. Besides $CAKE Pool, will more token pools be available on MetaTrigger ?
Yes.
MetaTrigger will offer more token pools, including lower-risk stable coins and riskier LP assets, by MetaLabs Selection and on-chain voting by the MetaDAO community.
Users can select these options based on their individual risk preferences.
9. I see that MetaTrigger is currently deployed on the BSC chain. Will it support Ethereum or other chains in the future?
We are still actively preparing the related technology & ecosystem to be ready for the support of other chains.
Metatrigger will be supported with more chains when all the preparations and procedures are completed. So stay tuned, and follow our social media for more updates! Thank you!
