Meteor Quantitative Strategy Trading Platform — Quantitative trading through DAO management, receiving permanent dividends
In addition to the strategists and strategy users on the decentralized quantitative strategy platform Meteorite, there is another important role: management.
Even if you are not in a position to become a strategy provider and do not have sufficient funds to launch quantitative strategies, you still have the opportunity to participate in Meteorite’s quantitative ecosystem, i.e. become a Meteorite MTE platform management token holder. This way, you can participate in building and managing the entire ecosystem and earn long-term and significant profits.
Meteorite introduced the concept of DAO. MTE is a governance token, and the address of pledged MTE is a member of Meteorite DAO. Members of Meteorite DAO can use MTE to participate in the governance. At present, the primary governance contents are:
▪️Dominating Governance Treasury.
▪️Managing the strategic listing and delisting of Meteorite’s strategic market.
▪️Setting the default list and order of the Meteorite strategy market.
▪️ Adjusting the Meteorite platform management fee.
▪️Adjusting the NFT equity parameters.
▪️Adjusting the amount of MTE that needs to be destroyed for creating NFT.
Governance rules:
▪️ Addresses that own 1 MTE can initiate governance proposals.
▪️Using the mechanism of tokens as votes to vote on Meteorite’s community proposals.
▪️ 10% of MTE supply are affirmative votes as the minimum number of votes required.
▪️ The proposal will be implemented within 10 calendar days after the voting ends
In the past, the strategy and benefits of quantitative trading were in the hands of the platform. Thanks to DAO, the owners of the MTE collectively became owners of the Metorit platform and received immediate benefits from management.
By participating in voting on the strategy on the platform, once the strategy supported by the voters has been successfully placed on the platform, the voters will receive dividends from the strategy on the Meteorite platform on an ongoing basis.
As participants, decision-makers, and beneficiaries, they can use the DAO not only to protect their rights and interests, but also to contribute to the ecological development of the quantitative platform Meteorites. This is also a promising step for the development of the quantitative Meteorite strategy trading platform.
Vote once , Lifetime earnings!
Keep MTE, Keep Wealth.
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