On July 10, 2023, Metatime launched stake transactions exclusively for Metatime Coin (MTC). The staking opportunity garnered significant interest from investors in the market from the outset.
As a result, after the conclusion of MTC withdrawals on July 10, 2023, a 3-month staking period began for users and is ongoing.
Note: At the end of the staking period, each user can end their stake transaction three months after the date they initiated the stake.
So far, the total amount of staked MTC stands at 7,195,126. The fixed annual yield rate is calculated at 400%.
Details About MTC Stake
For the early investors of Metatime Coin, we have created a Staking Rewards Pool, exclusively activated on the day the claim feature is enabled. Now, you can stake MTC tokens you purchased during the pre-sale or from cryptocurrency exchanges. MTC investors who choose to stake their tokens can benefit from the 30 million MTC reward pool.
- The staking pool opens for 72 hours.
- The staked MTC tokens will be locked for 3 months and cannot be withdrawn during this period.
- The staking pool is limited to 30 million MTC. The staking pool will close before the 72-hour period expires once 30 million MTC have been staked.
- After the 3-month staking period, the staked amount will be distributed as MTC rewards. For example, a user staking 1000 MTC will have 2000 MTC at the end of the 3 months.
- Each wallet can stake a maximum of 1 million MTC.
- The Annual Percentage Yield (APY) for the MTC Staking Pool is 400%. However, the staking opportunity is available for only 3 months.
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