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MetaBase POS usage overview

MetaBase POS is a decentralized, non-centralized audit current pledge mining system.

Any LP user can initiate a POS pool, with no audit or custody during the whole process.

Initiating a POS pool needs to pay a certain platform currency fee to avoid junk data and flood attacks.

  1. MetaBase POS is a non-centralized review mechanism, and the reasonable rules of the platform are no risk to the project party and users.
  2. POS pool creation is suitable for project parties to initiate, not suitable for ordinary users to initiate.
  3. The POS pool is a current, fixed-income, capital-guaranteed mining, and the user's principal and income can be deposited and withdrawn without any restrictions (if the pledge is less than one day, there will be no income).
  4. After the POS pool is created, the project party has no right to use the funds in the pool before the POS expires. The excess reward tokens will be automatically settled and returned after the pledge ends.

Participate in POS

In the POS list, select the POS pool you want to participate in, click the "Pledge" button, fill in the pledge amount, and submit it to the chain to complete the pledge. img alt

POS is a current pledge, and the project party cannot intervene before the pledge expires. User funds are deposited and withdrawn at any time, no risk pledge

  1. POS participation permissions are divided into four types: public, whitelist, invitation system, and community nodes. Please confirm whether you have the permission to participate. The whitelist is suitable for large customers and for specific objects (institutions, angel investors, etc.); the invitation system means that the inviter of the current account must be the creator of the POS pool; the community node means that the POS is initiated at a designated community node, and only users of that node To participate.
  2. MetaBase POS is point-to-point, no audit mechanism, no risk for users and project parties.
  3. POS is only a tool for pledge mining and is not responsible for the price of the secondary market. Users must know this before participating.

Create POS Pool

Only LP users can create POS pools. After the LP user logs in, on the home page of the POS module, click "Create POS Pool". img alt

Fill in the POS pool information and reward ratio to create a POS pool. After submission, the information cannot be changed. After the POS pool is created, the POS pool is in the inactive state and will not be displayed in the public list. The user first recharges the POS reward tokens (according to the total amount of pledge, reward ratio, and cycle calculations filled in at the time of creation), then the POS pool can be activated. After about a few minutes, the POS pool will be displayed in the POS list.

My POS

On the POS homepage, click "My POS" to view "POS I participated in" and "POS I created". img alt

On the "POS I Participate" page, you can view the POS projects you have participated in, unlock the pledged funds, and receive pledged dividends. On the "POS created by me" page, you can view the created POS projects and manage the POS pool. img alt

After creating the POS pool, it is recommended to set up the LP function first, and then recharge the reward tokens.

Setting up LP must be done before activation