Holders can stake their tokens and the rewards they receive will be proportional to the amount of tokens they hold.
Revenue Share is available for MEF V2 only, to migrate visit Rewards Dashboard Claim MEF V2 - round up your MEF holdings during approval (MetaMask removes amounts after the decimal).
Part of FrenBot's revenue gathered prior to MEF V2 launch will be set for a 6-month fixed period boost. So every MEF-eligible revenue share user will earn post-MEF V2 rewards + a % of boost rewards.
post-MEF V2 rewards: Currently distributed rewards based on the daily revenue of FrenBot deducted towards revenue share.
How does revenue sharing work?
Revenue Sharing will be enabled from MEF Token V2 in an upcoming October smart contract upgrade, on 18th October 2023.
Must hold a minimum of 2500 MEF tokens.
No staking or lockup. Just hold the tokens for a minimum of 24 hours. If you move your tokens over the first 24-hour period, your revenue share eligibility will reset.
Revenue share is auto-compounded and distributed in MEF by default, displayed in ETH for universal value interpretation.
Claiming rewards claims all available unclaimed rewards and requires a minimum of 0.1 ETH value accumulated.
You can sell or transfer up to 50000 MEF every reward epoch (2 hours) without penalty. If you exceed this amount, all unclaimed rewards will be forfeited back into the rewards pool. This does not apply to referral rewards.
You may choose to auto-compound through the dashboard (ETH rewards are automatically swapped for MEF, which will entitle you to a bigger share of the revenue).
To claim your rewards, you will need to connect your wallet to the rewards dashboard contract.