The Metabonding, is an ultimate community bootstrapping product for Web3 startups.

Projects building on Elrond will be able to establish a long term commitment with the most hardcore community members, by distributing ~10% of their token supply to EGLD stakers and LKMEX stakers, over the course of 2 years.

The process will begin as follows:

• The “Metabonding” section of the Maiar DEX will soon be live with the first 3 participating projects
• Official EGLD staking and LKMEX Metabonding snapshots will begin on March 15
• Official Metabonding claims of new tokens will begin on April 15

The projects registering for the Metabonding, will see a rapid adoption taking place in the Elrond ecosystem, benefiting from:

• Awareness from the entire Elrond community
• Metabonding snapshotting template
• A staking program template
• Listing on the Maiar DEX
• Listing on the Maiar App
• “Learn and Earn” style campaigns
• Trading competitions
• A SuperWave of Utility and Value
• This brings supercharged utility for EGLD and LKMEX. A significant amount - in the range of 10% - of the token supply of projects signing up for Metabonding will be split in two: half will go to the EGLD stakers and delegators, and the other half will go to the LKMEX stakers.

Projects get a powerful tool to amplify that which they need most: community. Ecosystem members will get a piece of every new project proportional to their EGLD and LKMEX holdings.

Projects have already joined this new program such as $EFFORT & $AERO. others are expected to join soon.

Olag ⚡

@olag

Founder of MultiversX Wiki

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