Introduction
The exchange of cryptocurrency has embraced several platform. Metaple is amongst one of these decentralized systems that takes the finance sector to a different level from traditional customs. Automated Market Marker is a unique character of Metaple to boost its functioning.
Frequently Asked Questions About Metaple
What does staking entails?
This is when users stake MLX tokens to gain POS automatically. This POS is used as a proof of stake for users to stake and be rewarded in staking pools.
What does it mean when it states I have no BNB balance?
This implies your wallet is not connected to BSC (Binance Smart Chain).
How to stake MLX token
When you get to staking page, click on the "+" sign, approve your contract, go ahead to choose the quantity to be staked and confirm it.
What differentiates staking from farming?
To participate in staking, the only thing you require is the MLX token while farming requires liquidity to a pool on the farming website then the LP token can be staked. Each of these processes have their individual benefits and drawbacks. Which ever you choose depends on the strategy you want to use.
What are the consequences of selling POS token?
Make sure you do not trade or sell the POS token. It will be impossible to unstable MLX token if FLIP token is sold because the same quantity of POS is required to carry on.
How do you farm?
For a user to farm, liquidity must be provided to at least one pools located on the Farming page. After the liquidy is made available and collecting the LiquidityPool tokens, choose your pool from the page, certify the agreement and click on a small town "+", fix the stake amount and confirm.
Why is the transaction declining?
Assess if the TX is on. If the feedback is "burn quantity is more than balance" you didn't remember to unstake POS token.
This occurs when the transaction declines on the process of unstaking MLX. There might be a different message which will be issues with the Binance smartchain. Attempt to increase the transfer charges to a gas limit of 20 GWEI 200,000.
How is a wallet set up on BSC (Binance Smart Chain)?
On Trust Wallet- as you go through the decentralized application you will see various available blockchains at the top right. Select it and pick BSC Mainnet.
On MetaMask- you have to develop a customized RPC using these details:
Network: Binance smartchain mainnet
Chain identification: 56
Symbol: BNB Block
RPC and Explorer URL
How to link your wallet to the Automated Market Marker on Metaple Finance
For users to link their wallet, they have to select the button "Unlock Wallet" found on the page at the top right corner. When this is done, choose the wallet to be connected to Metaple and select "connect". Confirm the connection and proceed with your transactions.
How to get airdrops?
Whenever any authorized airdrop commences an announcement will be made with the necessities. Keep in mind that airdrop tokens can be done by anyone since it is a public transaction on Binance Smartchain Scan. For airdrops not official, carry out your own research.
What is MLX tokens maximum supply?
The maximum supply is 500,000,000 Metaple tokens.
Can you open additional pools?
Prior to the launcing of new pools, a notification will be passed across. To get this informatiom, join the Telegram group for vital information.
Conclusion
With metaple, users can trade, earn, and win through different packages on the system. It is secure via the decentralized network hence, users are given full authority over their assets. Metaple is more advantageous for users to explore.
Visit Below for more details
Website: https://metaple.finance/
Whitepaper: https://docs.metaple.finance/
Telegram: https://t.me/MetapleFinance
Twitter: https://twitter.com/MetapleFinance/
Facebook: https://www.facebook.com/TheMetapleFinance
YouTube: https://www.youtube.com/channel/UCPwpi8vXIGDE6eZbV4gXRdQ
Medium: https://metaplefinance.medium.com/
Github: https://github.com/MetapleFinance
Authorship
Bitcointalk Username: Pullorient
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767518
Proof of Authentication: https://bitcointalk.org/index.php?topic=5405275.msg60570830#msg60570830
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