On 21st of December, Metric Finance conducted an AMA on Crypto Revolution Community. Our guest was Julios Stamfrd, Lead Marketing Director of Metric Finance. Impressive interest from our Community with a lot of questions on both Twitter and Telegram. Let’s take a look at most interesting points of the AMA.

INTRODUCTION AND TWITTER QUESTIONS

Danny | Crypto Revolution: Okay guys. It’s time for another portion of Crypto Revolution AMAs. Let’s welcome Metric Finance. Chat is muted. Happy to have you with us today, Julios. Could you please introduce yourself and tell us how did you get involved into Crypto?

Julios Stamfrd: Yes good afternoon esteemed host and members I’m julios Evan, the lead marketing director of metricfinance, hold a degree in economics, and an MSc in Pol sci and economic integration, I’ve been engrossed in cryptocurrency trading, digital analysis, since 2016.

Danny | Crypto Revolution: So you have pretty good Experience in Crypto. I guess Education in Economics always help in Crypto.

Julios Stamfrd: Well I’ve been a crypto enthusiast,for a while, lol even if I unfortunately got caught up in the bull run, bought the ATH, whilst systematically practicing learning, and understanding the Rudiments further, proud to say we’ve become experts and as such extended our knowledge base into the Ethereum Blockchain basis, and yes Danny, if you’d understand, the Rudiments if economic has got a somewhat symbiotic relationship with cryptocurrency analysis and integration also, I’m sure that helps.

Danny | Crypto Revolution: Could you please describe what is Metric Finance in few simple sentences for the Community?

Julios Stamfrd: Yes I’d love to describe in a few words as you’ve said but, crave my indulgence if it’s a little bit lengthy.

Danny | Crypto Revolution: Go for it.

Julios Stamfrd: Metricfinance can simply be analysed as a decentralised finance project which is obviously built on the ERC 20 smart contract, it’s a token which has been integrated to provide immerse utility for the defi space, its being developed to bridge and solve the problems in the defi space.. in shorts- Metricfinance time is a multi utility token which inculcates governance features, liquidity pool financing, Dapp creation for lending activities to earn tokens, staking and yield farming also.

Our liquidity pool system is a pooling mechanics arbitration system that rewards both buyer and liquidity providers, thus alleviating issues of impermanent loss. MetricFinance offers solution which aggregates cryptocurrency exchanges, non-bank liquidity providers, Forex brokers, cryptocurrency brokers, OTC orders of institutional clients, hedge funds and thousands of client-broker orders. This enables us to create the deepest liquidity pool in the industry. We can go through more details via our medium post: Metricfinanc.medium.com.

Danny | Crypto Revolution: Deepest liquidity pool in Industry. Like that.

Julios Stamfrd: Yes sire, I believe this is one feature which we are actually working on.. infact, bug and stability tests are already being run on our testnet for a few products.

Danny | Crypto Revolution: Few words for your Tokenomics?

Julios Stamfrd: We’ve got a total supply of 50000 MEFI. Which is non mintable, can be verified as our contract has been deployed, verified and is open sourced, we have also sent an update request to etherscan also.

20000mefi (40%) has been reserved for presale… and whichever isn’t sold would be split in two, half of which will be sent to a burner address,whilst the balance will be distributed between holders of MEFI coin. Here’s a graphical illustration of its full distributions:

Danny | Crypto Revolution: Thank you. Could you please share the details for your Presale? And is it your Contract audited?

Julios Stamfrd: Beautiful question sire. Our contract is being audited by certik at the moment, it should take a few days for completion and we’ve got proof to that respect.

Presale details are as follows. We have divided presale into two sections: the private sale session and the public sale session.

SOFTCAP-150 ETH

HARDCAP -900ETH

Sale begins from Wednesday,23rd of December,2020 and runs through to 2nd of January 2020 or when HARDCAP is hit.

The private sale will run for 48hours or a cap of (200Eth) whichever comes first.

Whilst the public sale will begin from the third day till the 10th day.

Private sale holders purchases at 0.04ETH/1MEFI.

Public sale holders purchases at 0.05eth/1 MEFI.

And we will list on uniswap at 0.07/1eth.

And in the event that coins are not sold out, balance is split in two, half of which is shared between holders and balance burnt

Danny | Crypto Revolution: Got it. Thanks for sharing. Nice introduction, Julios. Let’s jump to Twitter questions now. Hopefully you are ready.

Q1 from @john_labby

Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge. So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Julios Stamfrd: Yes I’ve explained earlier John, I don’t believe that a token with a total supply of 50000 is huge, considering the price of the token, and as thus, the fact that our smart contract is non mintable prevents any generation of extra tokens. And note that if tokens are not sold, during presale a percentage is burnt.

When liquidity is added into the market, in order to increase price,and push value upward, there’s a percentage allocated for the “buy back and burn process” this inevitably is reducing the total token supply whilst systematically increasing price and value.

Also, value is added to holders via our 2% transaction fee charged on sell transactions.. although this charges are variable depending on howlong seller has held the coin, these fees are also shared between holders to encourage holding.

All these measures have been set in place to achieve one goal (moon).

Danny | Crypto Revolution: Goal is to make Moon Boys happy.

Julios Stamfrd: Also, for our staking platform we will be partnering unifre (powered by Ferrum network). You know what that means.

Danny | Crypto Revolution: Awesome. I know Ferrum very well.

Q2 from @Dorothy279knot

Where can I buy $MEFI? Also, what are the benefits in the long-term for stakeholders? Why should we invest in $METRICK?

Julios Stamfrd: Immediately after presale, we will list on uniswap, we are also establishing contacts with a variety of DEX and CEX… and definitely you’d be able to trade there.

As regards benefits I explained a few of them earlier.

- 2% transaction fee, distributed to holders.

- Value increase.

- Governance ability: holders with a minimum amount of tokens held will be able to vote and make decisions.

- 3 unsold presale tokens are distributed (seriously doubt the availability tho).

Q3 from @RahulJayaraj9

MEFI is developed under ERC20. What makes you develop under ERC20 rather than other blockchain?How do you manage the gas fees of $MEFI since ERC have huge gas fees? Also how fast and secure are the transactions of $MEFI?

Julios Stamfrd: It’s widely understood that the Ethereum smart contract has thoroughly expanded over the years,becoming very popular, especially in the defi space (which holds roughly $3billion in funds) we believe that Ethereum is a decentralized, open-source blockchain featuring smart contract functionality is definitely the most efficient host for MEFI token…

Also for management of gas fee, as we understand that gas fees can be a little crazy depending on the market situation, we at the backend are developing a platform whereby some percentage of funds generated via the transactional fees can be used to compensate for the excessive gas fees wherever applicable.

Danny | Crypto Revolution: Thank you for the great answers, Julios. Ready for Quiz Part?

Julios Stamfrd: Sureee.

QUIZ PART

Question: When will our private sale begin? State date.

Answer: 23rd of December 2020, 14:00 UTC.

Question: Please give a brief rundown of our total supply.

Answer: 50000 MEFI.

Question: What’s metricfinance?

Answer: Metricfinance can simply be analysed as a decentralised finance project which is obviously built on the ERC 20 smart contract, it’s a token which has been integrated to provide immerse utility for the defi space, its being developed to bridge and solve the problems in the defi space.. in shorts- Metricfinance time is a multi utility token which inculcates governance features, liquidity pool financing, Dapp creation for lending activities to earn tokens, staking and yield farming also.

Question: What happens to unsold tokens after presale?

Answer: Unsold token will be split in two, the first of which will be burnt, while the others will be shared within MEFI holders.

TELEGRAM QUESTIONS

Telegram User:

You tweeted that Metric Finance has requested an AUDIT of its code from a reputable security audit company- CERTIK. Would this be a one off audit or continuous audit for every updates to your code?

Julios Stamfrd: We all know that every codings, programs, call outs, will definitely require an update, as time goes on, it’s life,it’s technology, it’s what we are in. As programming upgrades we also find the negative impacts also as hacking increases.

We requested audit from certik to certify our contract address free from bugs, break(no body wants the BETFi issue)… as we improve, and update our codes, we would periodically request audits also.

Telegram User:

Burning is a great way to decrease the token fluctuation which will have a positive price impact. Do you have any other plans to increase the price value of MIFE?

Julios Stamfrd: Yes we do, the right audience,the right promotions, the right face are also an existing factor to token appreciation (case study elon musk for doge coin) we are looking to expanding our horizons, and bringing influencers on board also, this plus every other features laid down I believe will create positive price impact.

Telegram User:

Can you provide an overview of your tokenomics? Will the design of the token increase and decrease with the success of the platform, does it include any scarce pathways, such as equity, storage, or burning?

Julios Stamfrd: Yes, as we have explained earlier, you can find our tokenomics diagram up there, I’m sure these were specially designed to suit every singular need available therein… The team token is locked, no minting, token is deflationary… All these are created towards making MEFI a scarce commodity.

CONCLUSION

Julios Stamfrd: Thank you so much for the warmth reception! Thank you! I look forward to having you in our group as we anticipate our private sale.

Danny | Crypto Revolution: Thank you, Julios. Final Words for Community please. Before I open the chat.

Julios Stamfrd: Kindly join us for more briefing and internal AMA in our group: T.me/Metricfinance.

I believe that together we can actually establish a defi safe haven. Thank you, and stay safe!!

Danny | Crypto Revolution: Opening the chat now.

For more information and future AMAs, join our Social Media channels:

Website: https://crypto-revolution.io

Telegram group: https://t.me/crypto_revolution1

Twitter: https://twitter.com/revolut20?s=09

Our Partner:

Website: http://metricfinance.io/

Telegram group: http://t.me/metricfinance

Twitter: https://twitter.com/metricfinance

Medium: http://metricfinanc.medium.com/

WRITTEN BY

Crypto Revolution

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