Are UTK metabonding rewards over? I didnt receive any UTK today by claiming my metabodning rewards. And I received only 3 tokens, and it wans’t much anyway. Thanks.
I noticed that too . I must warn the team in charge of xExchange and by extension , the MultiversX team that this is very , very bad . The UTK rewards from metabonding were the only rewards ,consistent " so to say .If the APR for XMEX isn’t resestablished back over 10 % , it is a dead project . I love the team and everything you did and I am not trying to spred FUD or anything else , I am just someone who , after these anouncements , I am seriously thinking of unlocking all my MEX ( even with 80% penalties ) rather than leave it for a 2-3 % APR . It is outrageous for God’s sake and you know it too.
Ah and another thing , we all got the hints that you are just buying time and the team will in fact present the xExchange V3 at the Xday which is in October . The stalling is not professional and keep in mind that we are not stupid ( not all of us anyway ) and we are capable of putting pieces together . I am not blaming this action , I’m simply saying that the team , sugars things up " , things that are obvious , and expect that we comply and we understand and it is all good . It is not . You may deny this but we all know that it is the truth . Probably we will get a glimpse of it around August-September to keep things in a countinous form of FOMO and then announce that at xDay it’ll be the grand mainnet launch .
*I am not Nostradamus , I am simply a man with a functioning brain
Also by this message i mean no offense , I simply stated the truth .
Yeah, the way I see it is that metandonding will stop existing the way it used it used to( not as a standard apr). Hopefully all fees rewards given in mex will be implemented till the xday. Mex will have a unique value model that will not be based on speculation from now on, but on the fees on xportal. When investors will see huge fees being distributed then they will be incentivised to buy and lock mex.
@rotnisi Yes the UTK rewards stopped unfortunately. All the projects part of the metabonding program signed a 2 years agreement for the reward distribution, and most of the agreements were signed 2 years ago or more, explaining that some rewards stopped to be distributed.
“we all got the hints that you are just buying time and the team will in fact present the xExchange V3 at the Xday which is in October”: We are not trying to buy time in any way. Myself and the team have worked very hard since the beginning to try to get v3 ready and safe as soon as possible. I understand that you don’t like the waiting, me neither. The Battle of Yields has happened last week. We are now in the final phase and v3 should come live in September.
Regarding the metabonding program, the reason programs end and projects don’t want to renew them is because the program doesn’t break anything valuable to them while they adding significant selling pressure on their token.
That’s why we are working on a completely rethought version of that program, called Discover, where users will get rewarded in exchange of using the project.
Hope this gives clarity on the situation!
hi Team ! idea for Metabonding: Allow experimental tokens to be districuted ( selection by Community VOTE )