Metabonding is a win-win program between new projects on Elrond and EGLD and LKMEX holders in the Elrond community.
EGLD holders who stake their EGLD long term get additional rewards of 5% of metabond participating projects' tokens spread out evenly over all EGLD staked, and over 2 years time. Staked EGLD gets the normal staking rewards, in addition to the metabonding rewards.
LKMEX holders who put their LKMEX into the special metabonding pool long term get additional rewards of 5% of metabond participating projects' tokens spread out evenly over all LKMEX in the pool, and over 2 years time. No additional rewards go to the LKMEX in the metabonding pool.
Between the 2 separate ways for people to earn metabonding rewards, projects give away about 10% of their tokens over the 2 years of their projects' participation.
In return for giving the rewards, the projects (and their Elrond ESDT tokens) get interest and participation by the Elrond community, including an easy path to being listed on the Maiar Exchange.
There are currently 4 projects participating, so there are 4 different tokens being rewarded.
Do your own research, regarding comparing the 2 choices of where you can put your LKMEX: Regular farming vs. metabonding. (At this time, regular farming is great.)
==> There is a 4 week expiration to claim rewarded metabond tokens, and some people who put in smaller amounts have said that the value of the tokens they received were less than the transaction fees to claim them.
It seems likely that some projects' tokens will appreciate greatly, and it is thought that it is likely that there will eventually be hundreds of participating projects, so metabonding is just beginning.
Metabonding is a win-win program between new projects on Elrond and EGLD and LKMEX holders in the Elrond community. EGLD holders who stake their EGLD long term get additional rewards of 5% of metabond participating projects' tokens spread out evenly over all EGLD staked, and over 2 years time. Staked EGLD gets the normal staking rewards, in addition to the metabonding rewards. LKMEX holders who put their LKMEX into the special metabonding pool long term get additional rewards of 5% of metabond participating projects' tokens spread out evenly over all LKMEX in the pool, and over 2 years time. No additional rewards go to the LKMEX in the metabonding pool. Between the 2 separate ways for people to earn metabonding rewards, projects give away about 10% of their tokens over the 2 years of their projects' participation. In return for giving the rewards, the projects (and their Elrond ESDT tokens) get interest and participation by the Elrond community, including an easy path to being listed on the Maiar Exchange. There are currently 4 projects participating, so there are 4 different tokens being rewarded. Do your own research, regarding comparing the 2 choices of where you can put your LKMEX: Regular farming vs. metabonding. (At this time, regular farming is great.) ==> There is a 4 week expiration to claim rewarded metabond tokens, and some people who put in smaller amounts have said that the value of the tokens they received were less than the transaction fees to claim them. It seems likely that some projects' tokens will appreciate greatly, and it is thought that it is likely that there will eventually be hundreds of participating projects, so metabonding is just beginning.