Blog Content : METEORITE FINANCE IS A “HOLD-TO-FARM” DEFI PROTOCOL

WHAT IS METEORITE?..

METEORITE DeFi is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries
Meteorite Finance is a “Hold-to-farm” Defi protocol which rewards every one of its holders with a percentage fee from every transaction made in its ecosystem. Meteorite finance, just launched its first product, Meteorbet. Meteorbet is the first ever cryptocurrency sport betting platform which allows holders of meteorite place bets on major sporting events and stand a chance to win a set amount of meteorite token.
Every product built under the network will support the use of $Meteor, thereby creating more use cases for the token. Meteorbet is a sport betting platform for decentralized finance whichallows holders of $Meteor place bets on major sporting events and stand a chance to win a set amount of meteorite token.

HOW DOES THE METEORBET SYSTEM WORK?

There are three major operations in the system; Deposit, Withdrawal and Transfer. To access the features of
Meteorbet, users have to first create an account to interact with the system.

TO CREATE AN ACCOUNT

Click on the SIGN UP button on the home
screen.
Fill in required information and submit.
Fill in code sent to email address.
The system automatically creates a unique betting
wallet for every user.

TO MAKE A DEPOSIT

Click on the “OPERATIONS” button on the menu bar
and select “DEPOSIT MONEY” from the drop down menu
that appears.
Click on deposit.
Enter amount and submit.
Click on “Pay Now”.
Follow the instructions that pops up and send meteorite
to the address provided. Enter transaction hash and
amount of tokens sent and click on the “pay now” button.

TO WITHDRAW/TRANSFER FUNDS

Follow the same procedure as the deposit
operation and select withdraw money/transfer
money.

TO PLACE A BET

Click on “TOURNAMENT” and choose
whichever sporting activity you would like to
place a bet on.

TOKEN ECONOMY ($ METEOR)
15,000
Total Supply (No Minting)
6,000
Presale (40%)
3,750
Meteorbet Pool (25%)
450
Team Token (3%)
1500
Marketing (10%)
40 ETH
Soft Cap
70 ETH
Hard Cap