MetaversePRO (META) is a community-run financial infrastructure that helps the metaverse to grow steadily and reliably. Meta is the native token of the platform. The short form of MetaversePRO is META. The platform was established by 1xNW with enthusiastic participation from members of the OHM community, or "Ohmies," as they like to be called. The asset is a BSC fork of Olympus DAO.
According to the whitepaper, the asset META operates on Binance Smart Chain as the team believes BSC represents the optimal junction between the physical world and the metaverse. Plus, the metaverse on BSC is expanding from artworks, phenomenal growth to GameFi, and then to DeFi.
In addition, the platform is dedicated to establishing a reliable token-issuing organization and ensuring that META is acknowledged throughout the metaverse. MetaversePRO acts as infrastructure for GameFi, just like DeFi does. MetaversePRO seeks not only to be vital to GameFi's development but also to be a dependable platform for issuing assets, providing start-up coins, and purchasing GameFi infrastructure, such as NPCs and assets (NFTs, tokens).
Further, the platform is built with the long-term health of the user’s regimen in mind. The treasury backs all Meta minted for staking rewards with a reserve. Stakeholders in MetaversePRO are rewarded with compounding yield, which increases their Meta holdings over time. Also, for staking rewards, the token is minted and distributed evenly. The APY is reduced as more Meta is staked, but the Meta price then rises, providing a balance that protects the user's investment.
Finally, as per the website, the platform controls nearly all of its liquidity, ensuring price stability and treasury earning. The platform claims that it is protected from uncertain and negative market situations with protocol-owned liquidity because of its endurance and efficiency. MetaversePRO was launched in the fourth quarter of 2021.