Info
Name: Metanyx
Prepers Score: A
About
Metanyx is a blockchain validator within the ICON Ecosystem. Tokenomics of the Metanyx P-Rep. Tokenomics
METX has a maximum supply of 1 Billion in each respective network, each year 10% of the remaining supply is distributed. The economic design of METX ensures price stability, the price will rise as the vote percentage of Metanyx rises. ICONPAY is a notable project by Metanyx, which allows for all merchants who use WooCommerce to accept ICX as a means of payment. ICONPAY is also looking to be integrated into Shopify as well. It is important to reference that Metanyx has generated over 15,000 transactions over the course of approximately 3 weeks since this post was written, providing real world transactions on the ICON network.
Distribution
METX is distributed to voters every day based on their vote percentage. Every year the daily distribution is decreased increasing the scarcity of newly minted METX tokens.
Redemption
The METX token is underpinned by the Metanyx treasury based on our network rewards. Once Metanyx redeems a METX token they are permanently removed from circulation.
Statistics and Uptime 1/31/21
Votes: 4.5 million
Voter: 443
Server Uptime: 99.84%
Server Location: London, Great Britain
Social and Links
Official Website: https://www.metanyx.com/
Official Telegram: https://t.me/MetanyxOfficial
Official Twitter: https://twitter.com/metanyx
Official Medium: https://medium.com/metanyx
Projects: ICONPay, METX Tokenomics Paradigm on the ICON Network.
Corey Costa- Catena
