MEY Token Utility and Use Cases

Boosted APY

MEY holders can stake their tokens to provide liquidity for lending to property owners on the MeyFi platform.

In return, they earn interest on their staked tokens, with an additional benefit of a boosted Annual Percentage Yield (APY) compared to standard staking rewards.

This creates an incentive for token holders to actively participate in the lending ecosystem, driving liquidity and supporting real estate development.

Exclusive Access

Token holders may gain access to exclusive content, services, or communities, such as VIP areas, special events, or premium features, such as access to fractional ownership of tokenized real estate properties.

Tiered Membership

Depending on the number of tokens held, members can have different levels of access or benefits, creating a tiered membership system.

Platform fee

MEY token holders can earn a share of the platform fees by staking or holding their tokens within the ecosystem.

This allows them to passively earn a portion of the transaction fees generated by the platform, creating a continuous revenue stream for active participants.

The more tokens held or staked, the larger the share of the platform fees earned, incentivizing long-term engagement and support for the ecosystem.

DAO Voting

MEY functions as the governance token within the Meychain and MeyFi ecosystem, enabling token holders to actively participate in the Decentralized Autonomous Organization (DAO).

Through DAO voting, holders can influence key decisions, including proposals for new features, upgrades, and strategic initiatives.

This decentralized voting system empowers the community to shape the ecosystem’s future, ensuring that its development reflects the collective interests of all stakeholders.