TL;DR
- The Meta Yield fundraising campaign with Cheddar Farm is ending August 25th
- The associated Meme Contest ends this Friday, August 19th
- We are excited to announce that we are getting closer to launching Meta Vote for Meta Yield
Overview
The end of the Cheddar Farm meme contest is rapidly approaching on Friday, August 19th. While the memes may be ending, the fundraiser will continue to run until August 25. Cheddar Farm will be the third project to complete a fundraiser on Meta Yield, following successful campaigns from PembRock Finance and DAOrecords.
We are also very excited to announce that soon we will launch Meta Vote for Meta Yield. This tool will allow the community to decide which projects appear on Meta Yield in the future. We value the input of the community, and want them to be able to choose what projects they support.
Cheddar Farm Fundraising Campaign Nears End
The fundraising campaign for Cheddar Farm is coming to a successful end. Over the last 3 weeks, Cheddar has managed to raise more than 55,000 stNEAR. There is still more than a week left in the campaign, and we encourage members of the NEAR community to participate while they can!
It’s important to note that the more support a project gets on Meta Yield, the more rewarding it is to support. The more goals Cheddar reaches, the more $CHEDDAR they pay out for each stNEAR contributed. With only 7 days left in the campaign – you still have time to get in and earn rewards risk-free. To find out more about the campaign, and find out how much Cheddar you could earn, check out our blog.
Cheddar Farm is a loyalty program that makes DeFi on NEAR more rewarding. With Cheddar, you’ll be able to “power up” your farming pools to earn additional APY. At Meta Yield, we believe in backing projects that add real value to our community. Cheddar’s value proposition of supercharging DeFi with rewards is one we are proud to bring to our users. To find out more about who Cheddar is and what they do, read this article.
Meta Yield x Cheddar Farm Meme Contest
One of the most exciting aspects of having Cheddar on Meta Yield has been the meme contest. We have already received many amazing entries. However, we have extended the deadline to this Friday, August 19th to give more people the chance to enter. We hope to see your meme there!
There are still some great rewards up for grabs. The first place prize of 2500 $Chedda, 6000 $META, and a Cheddar Farming PowerUp, could really elevate your DeFi portfolio! If you’re interested in checking out the details you can find them here.
Community Involvement in Meta Yield
As Meta Yield matures and takes on new projects, community remains at the forefront of our efforts. We are releasing a new project, Meta Vote, that will allow community members to vote on which projects they want to see partner with Meta Yield. Users have been the ones who have gotten us through 1 year of building, and we want our product to reflect their interests.
With Cheddar reaching its second fundraising goal and closing quickly on a third, we are excited for the future. With new projects launching all the time, be sure to keep an eye on our socials for more developments. To find more information about $META and its role in Meta Vote, click here.
Keep on Staking!
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
~11% APY
Get stNEAR
Yield-bearing token
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.
