Metapool2 online & Ethereum Strategy Pool

I. Technical Progress

• Earlier this week we launched Minchi II, which was the focus of our early development efforts and will provide ample liquidity to the MFI. Earlier, we joined the early community to inject substantial liquidity into UNISWAP, and the Pool II LP, liquidity from November 23,2000 to today (December 3)452000 increased more than tenfold, in line with our online expectations.
• This week we refactored the UI to better suit the mobile wallet, which is now much faster than it used to be, and the new web Ui is being refactored.
• Fix The problem of Asynchronous front-end data due to Ethernet network latency.
• The technology community is exploring the idea of developing MetaChain based on Burqa to ensure that the MetaPool’s cross-chain financial ecosystem is more prosperous.

II. Operational progress

• We built the Dao governance module using the snapshot tool, the METADATA is about to open up, and the community is developing reasonable governance and incentives for users holding MFI to participate in governance. The revenue from incentives comes from the strategy pool, to ensure that the effective governance of Metadao can help us to become a great global community.
• Mfi is the only core asset of the Metapool ecosystem, and we are concerned that MFI prices have been very volatile in the recent period and that the repurchase operation will continue, given the lack of liquidity and some short-term speculative users, we’ll announce the deal after the phased destruction of the REPO, Hasche.
• The technology community is developing the MFI application scenario, the lending market is a trillion market, the future will be based on market demand mortgage MFI lending Peth, MFI-ETH LP products, the future mortgage MFI lending USDT, ETH, to ensure that MFI can be used in a variety of ecological. In the long run, DEFI will be an era of the future, and MFI’s goal is to be the Sea of stars of that era.

3. Progress of the Strategy Pool

• The ethos 2.0 strategy community continues to focus on the roll-out and development of ETH2.0. After the 520,000 ETH start-up of the beacon link, we will publish the ethos 2.0 collateral revenue header provider, which will be voted on by users at Metadao. The return rate is currently around 14% to 20%.
• Cross-chain financial ecology has been a goal of MFI. Plasma, Stafi and Bifrost, well-known projects in Burqa, have all launched collateral ETH and Mining Boca eco-tokens. The increase of Boca eco-currency will make the profit of MFI’s ETH strategy pool very objective. We will open up the BOCA ECO project, which supports cross-chain mortgage ETH mining, to a user vote.

4. Progress of the community

1. Our community is growing by leaps and bounds, almost doubling in size over the last two weeks.

Twitter: 2,323

Telegram number: 11,694

2. Some well-known exchanges have contacted us with a view to launching MFI trading on the exchange. Based on the decentralized nature of the Metapool and the MFI market, we have not worked with the central exchange for the time being after discussions with the early community, however, the possibility of future collaboration is reserved and will be voted on by the community after the introduction of Metadao.