MEER DEFI V2 Impermanent Loss Mining coming soon!
With the first MEER DEFI liquidity officially running for 73 days, the MEER DEFI liquidity protocol will receive a major update.
We are pleased to announce that MEER DEFI has added a new feature and the technical team is testing the MEER DEFI Impermanent Loss Mining product, which we call V2 Pool, this pool will also produce MEER as a mining reward.
Details are discussed below.
1、MEER Impermanent Loss Mining：
Stake MEERs to participate in V2 POOL, the creating arithmetic power can tap into more MEER gains. The longer the lock-in time, the greater the arithmetic power and as a result, this will give much higher revenue.
2、Share and invite, to have an extra reward.
Share it with others to get a bonus arithmetic power.
3、V2pool will share link relationship with V1pool
V2pool linking relationship will follow the linking relationship of V1pool, V1pool users do not need to re-link the relationship to get the sharing arithmetic power in the original sharing relationship
4、Daily output is not yet determined
Product development progress.
1、V2POOL framework is under development.
2、It is expected that V2 POOL will be online by the end of March 2022.
We are looking forward to the arrival of the MEER DEFI V2Pool!
What is MEER DEFI?
Meer Defi is a key segment of the Qitmeer network ecosystem, an open financial system built on the Qitmeer network infrastructure.
It provides decentralized financial services using a smart contract EVM system consisting of crypto assets, financial-like contracts and protocols.
Meer Defi will cover: DEX (decentralized exchange), liquidity protocols, lending, insurance, bonds, auctions, stable coins, Game Fi, NFT, and other Defi related sectors.
Meer Defi will be dedicated to the Qitmeer network smart contract commercialization application, landing in the future and throughout the whole ecosystem.
Qitmeer is the next-generation public chain based on BlockDAG which is dedicated to serving the ecosystem of Islamic Finance, ethical finance, and socially responsible investment, thereby enhancing financial inclusion and creating social impact.
In contrast to the competition model, BlockDAG’s collaboration model in the mining achieves a desirable balance of typical blockchain metrics among the security, openness, fairness, and scalability.
Qitmeer adopts a classic POW consensus and UTXO data model and designs a unique asset issuing mechanism which requires the reserve of native currency, which is in line with core ethical financial values.