CryptoVault Yield Farming

Yield Farming​

Yield Farming is designed to provide a strong incentive for successful yields of web3 tokens across ecosystems, while at the same time generating value to the MetaVerse-M Protocol and its community.

As the general rewards mechanism is explained earlier, this section focuses on the role of M tokenomics in Yield Farming. M plays a key role in two areas:

Protocol Fees​

Envisioned as the engine of sustainable protocol growth, yield farms will drive value to MetaVerse-M community through protocol fees collected from sponsored yield farms. The protocol fee is currently set to 4%, but will be subject to a future governance decision. This means that 4% of the protocol Yield Farming rewards (protocol TVL) will be distributed, retained as marketing funds or burned.

While the Yield Farming rewards can be in various tokens, the tokens collected via protocol fees will be converted into M before being distributed.

MetaVerse-M yield Farm (protocol native yield farm)​

The intention of MetaVerse-M yield Farm is to incentivize and reward early adoption and usage of the protocol, as well as grow the MetaVerse-M community. Further, it aims to provide a sustainable long term incentive for future protocol usage.