Abstract
Decentralized finance is a protocol that is currently being widely used by global crypto users. Usually, people use the DeFi platform to swap tokens to other tokens, maximize profit by stake/yield farm, or borrow/lend tokens to other users with collateral. Decentralized finance makes the crypto world more accessible to many people around the world and enables them to maximize returns on their crypto investments more easily and safely.
One of the platforms that adopt the decentralized finance protocol is the Meteorite Network. However, different from most DeFi platforms, which offer swaps or stakes, Meteorite Network does not offer these features, but rather a "Hold-to-farm" feature, which allows token holders to be able to get tokens every day just by holding $Meteor token.
Hold-to-farm DeFi Protocol
If you are someone who has used DeFi platforms such as Uniswap or Pancakeswap, surely you will know what features are offered by these two platforms. Both platforms offer DeFi features such as a stake, swap, etc., which allow users to maximize their profits. But to be able to get token rewards from these platforms, you have to become a staker or liquidator first. But that doesn't apply to Meteorite Network, this is a DeFi platform that adopts the "Hold-to-farm" protocol which allows users to get tokens every day just by holding $ Meteor tokens.
Meteorite Network has a mechanism that will distribute the percentage fee from every transaction made in its ecosystem. All participants will get fair rewards according to the number of tokens they hold. The more tokens users hold, the greater rewards they will get.
But not only that, but Meteorite Network also has another feature, namely Meteorbet which is the first-ever cryptocurrency sports betting platform that allows token holders to participate in betting on major sporting events and allows them to get a number of Meteor tokens.
MeteorBet Platform
As explained in the previous section, MeteorBet is one of the products launched by Meteor Finance which allows Meteor token holders to be able to participate in bets on major sporting events. MeteorBet platform is a platform that is already running and already has users from various countries. MeteorBet features popular sports events such as football, tennis, cricket, volleyball, and ice hockey on its homepage. Meteor token holders can directly participate and place their bets. If lucky, users can get a lot of tokens. MeteorBet can be accessed via https://meteorbet.org/
Meteor Token
Meteorite Network launched a token called Meteor Token which has an important role in the development of the Meteorite Network and also as rewards for participants. Meteorite Network launched Meteor token based on Ethereum ERC-20 with a total supply of 15,000 Meteors. Users can get Meteor tokens through Uniswap.
To conclude
Most DeFi platforms like Uniswap or Pancakeswap allow people to maximize returns on their investment by stake or yield farm. But they have to be a staker or liquidator to get rewards. But on the Meteorite Network, $ Meteor token holders will get rewards every day just by holding the $ Meteor token. $ Meteor token holders can also participate in bets on major sporting events via Meteorbet. If the bettors are lucky, they can get some $ Meteor tokens.
Connect with Meteorite Network
WEB: https://meteorite.network/
TWITTER: https://twitter.com/Meteorite_net
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