Hello NEARians! Wishing everyone a great kick start for 2023!
The Meta Pool team never stops #BUILDING on NEAR, in December we launched Meta Staking Vote which is focused on supporting validator and chunk producer nodes in the NEAR Protocol network. Now it is time to showcase our latest product - Meta Bonds.
This is the first bonds marketplace for the NEAR ecosystem, it will allow projects that have launched their tokens on NEAR access to an open market for them to create bonds and drive liquidity for their projects, this is the bonds marketplace announcement.
Let’s go into what we want to achieve.
Liquidity for supporters of Meta Yield projects.
At launch you’ll find in Meta Bonds all the IOUs minted by the Meta Yield platform, in the form of Bonds, both the project tokens and the NEAR locked IOUs can be placed in the bonds marketplace to be traded! Supporter’s capital is not locked anymore and you can cash your allocated project tokens early! just set your price.
We want supporters to have a marketplace where they can access liquidity in case they want to buy future NEAR, and also have direct access to the early launch of project tokens or if they want to trade their own Bonds.
Meta Bonds has a simple process: All supporters of Meta Yield projects already have Bonds in Meta Bonds! and now they can put them for sale or buy other bonds.
On the marketplace the Bond owners can put a bond for sale in auction or for a fixed price, setting the duration and price for the bond offering, which will allow buyers to review different offers and pick the one that suits them best.
For more information please visit the documentation section. We are also scheduling a community AMA on January 26th to answer any questions, please join our Discord for the latest updates.
If you want to get involved and help support us, please reach out in the General channel or fill out this form.
Open market for NEAR project bonds.
The next phase for Meta Bonds is to implement a whitelisting process for any NEP-141 token to be submitted into the marketplace.
We believe that Meta Bonds offers a good opportunity for projects and holders of locked tokens to access liquidity without the risk of flooding the market with their tokens. This gives projects enough time to build the intended utility and create value to the NEAR ecosystem and their token holders.
These are challenging times and we are bullish on what NEAR Protocol and the community can accomplish for 2023, we are making our best effort to showcase what can be built on top of a Proof of Stake blockchain.
Keep on #BUIDLING!