- DAOrecords launches fundraising campaign on crowdfunding platform Meta Yield
- DAOrecords is fundraising for its current SoundSplash project
- 250,000 $SPLASH tokens in potential rewards
- Campaign launches 12:01am GMT, Friday, Jun 10th
Meta Yield Welcomes DAOrecords Fundraising Campaign!
After concluding our first successful fundraising campaign on Meta Yield with PembRock Finance, Meta Yield is excited to announce a partnership with DAOrecords!
DAOrecords is reinventing the record label and democratizing the music industry. They see the future of the music industry as a place where artists have:
- control over their music using Music NFTs and Web3 technology
- can cultivate a relationship with their fans and community within their own economy.
In order to support their 12 weeks SoundSplash event series, DAOrecords launches a fundraising campaign on Meta Yield. SoundSplash features weekly audio NFT drops built on their FonoRoot NFT system, and live concerts hosted on CryptoVoxels.
What is $SPLASH token?
SoundSplash is releasing their native token $SPLASH to facilitate the ecosystem of transactions growing around their FonoRoot NFT system. $SPLASH tokens are being given as rewards for all Meta Yield backers, and have many more uses within the SoundSplash ecosystem.
Holders of $SPLASH can redeem tokens for NFTs, tips artists, swap for future DAOrecords tokens, use in DeFi on Ref Finance, exchange for $NEAR and earn through NFT Staking and other social activities.
About DAOrecords Fundraising Campaign
The DAOrecords fundraising campaign on Meta Yield comes mid-release of their weekly Metaverse NFT event, which is running from May 4th – July 27th. Meta Yield backers will have their stNEAR tokens locked for a period of 6 months after the conclusion of the campaign.
25% of the total $SPLASH supply, or 250,000 $SPLASH have been allocated to backers on Meta Yield and will be distributed 30 days after the campaign has concluded. DAOrecords has a fundraising goal of 40,000 stNEAR over the course of roughly 3 weeks. The DAOrecords fundraising campaign ends on June 30th.
Become one of the first to back the new project – and support a growing addition to the NEAR NFT ecosystem.
Meta Yield: A “Kickstarter” for NEAR Providing Community Funding in a Bear Market
June has marked another month of slow growth and stagnant prices as the bear market continues to limit capital flow across ecosystems. However, Meta Pool’s new platform Meta Yield has already demonstrated that a team of builders dedicated to finding creative solutions to modern market challenges can unlock the value of a community committed to bringing new and exciting projects to life.
Meta Yield has been aptly dubbed a “kickstarter” style platform for the NEAR community. The platform allows users to stake their token for a project in exchange for their native token. The staking rewards go to support the project, and after a lock-period you get all your NEAR back. Meta Yield provides a riskless way to support community projects that you believe in. You can read more about how to use Meta Yield and its specifics on our blog.
Additionally, the recent redesign of our website demonstrates this exact commitment to adapting and evolving as the market demands, and you can check out our new design here
About Meta Pool & stNEAR
Meta Pool is the leading liquid staking solution for $NEAR and wNEAR token holders. With Meta Pool you earn NEAR staking rewards and maintain your liquidity to participate in DeFi protocols on NEAR and Aurora.
Users staking $NEAR and wNEAR with Meta Pool receive in exchange stNEAR (staked NEAR) tokens.
stNEAR simultaneously accrues staking rewards and unlocks users’ liquidity enabling them to participate in DeFi activities (e.g. lending, farming, borrowing) on NEAR and Aurora.
Stake $NEAR on Meta Pool
Go DeFi on NEAR & Aurora
More APY and more rewards
Meta Pool also solves the problems associated with Proof-of-Stake networks staking: illiquidity, immovability and accessibility. Meta Pool also aims to distribute staking in multiple validators to improve censorship-resistance of the NEAR network.
With a TVL of ~9 Million $NEAR and growing, Meta Pool has become in just a few months a cornerstone element of the NEAR ecosystem. Meta Pool is making NEAR Protocol more decentralized and therefore more secure.
In February 2022 Meta Pool has been successfully audited by BlockSec, confirming the implementation of the highest security standards.
For more information visit https://metapool.app.