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Hedge your bets on the Play-to-Earn genre by staking $META

Hedge your bets on the Play-to-Earn genre by staking $META

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Since the launch of META ARENA, formerly KLAYMETA, the play and earn metaverse and its token $META have both experienced significant growth. Staking, which allows $META holders to earn more $META and participate in the game governance system, has allowed users to use $META staking as a hedge for the entire GameFi ecosystem. So how can you take advantage of META ARENA staking as a hedge in Play-and-Earn?

META ARENA, a play and earn MMORPG with metaverse and NFT integration, uses key features such as fusion, summoning, staking and other game types to keep players engaged. The META ARENA game aims to offer players a rewarding and engaging experience. Participate in multiple game types (Meta Quest & Adventure) and earn grant token $META.

Staking is essentially a way to reward participants for securing the allocation of $META to ownership of META ARENA. By staking $META, you get a chance to speak and vote in future governance votes and receive a portion of the fees paid by the game. In addition, you can earn more META dollars as a reward by participating in management and playing the game.

Staking with cryptocurrencies like $META locks in your assets to participate and contribute to maintaining the security of the blockchain. Validators are compensated with additional $META called Stake Rewards. By staking $META, you can get paid for using your current holdings to fund blockchain network transactions. It is also a way for cryptocurrency users to earn passive money.

Bet $META

To start betting, go to the META ARENA betting site, choose how much META-$ you want to bet, enter the duration of the bet and click Connect to access your Klaytn wallet with your $META and start betting. In addition to income benefits, participants in $META stakes receive voting rights in the META ARENA community in general matters related to administration. Different betting periods award different prizes.

Long-term participants get more voting rights and have more influence in the decision-making process because they contribute more META dollars to their contribution.

Every day at 9:00 AM, depending on the amount of vMETA (voting rights) owned, a percentage of META ARENA revenue will be distributed as META.

Sharing is done as follows:

  • Buyback 2.5% of profits from limited sales and avatar invitation share $META.

  • Buyback 1% of market transaction fee for distribution of META.

  • Share 50% of META Quest-related hiring and firing costs.

  • All $META used in the special summon must be distributed.

  • Partially share emergency removal.

All META wagered by the player can be redeemed once the wagering contract period has ended and the wager removal has been completed.

Although the betting contract period is still valid, it can be terminated. At this stage, a fee of up to 50% is charged; this amount decreases linearly as the termination date approaches.

As META ARENA is an innovative GameFi platform, staking $META essentially hedges your bets on the success of the GaemFi and crypto gaming ecosystem. If you are interested in crypto gaming, it is unlikely that you would not benefit from this excellent betting opportunity, apart from earning passive income for yourself and participating in the management of META ARENA and receiving platform fees.

However, it is important to understand the potential consequences of investing in any cryptocurrency. You will not be able to access these funds without penalty until the lock-up period has ended. META ARENA understands this problem, which is why players are rewarded for sticking around longer, which means more significant commitment to the ecosystem, and they should be rewarded for that commitment.

So, what are you waiting for? Join their Telegram and Discord channels to keep up with the latest META ARENA news for more information and updates. Start staking $META today to secure your stake in the GameFi ecosystem.

The post Protect your bets on the Play-to-Earn genre by betting $META appeared first on CoinChapter.

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