Get to know the term Metaverse

In fact, the first person who famously coined the term metaverse was Neal Stephenson. He mentioned the term in his 1992 novel Snow Crash. The term metaverse refers to a 3D virtual world inhabited by avatars of real people.

This term does not have a universally accepted definition. Think of the metaverse as the internet rendered in 3D. Zuckerberg describes the metaverse as a virtual environment you can enter, instead of just looking at the screen.

In short, it's an endless world of interconnected virtual communities. Where, people can work, meet, play using virtual reality headsets, augmented reality glasses, smartphone apps and or other devices.

Facebook's simple description of the metaverse is a set of virtual spaces, where a person can create and explore with other internet users who are not in the same physical space as that person.

About Metaverse

Values is Metaverse Reserve Protocol on Polygon Network dependent on the $VALUES token. Every $VALUES token is supported by a crate of resources (for example MAI, FRAX) in the Values depository, giving it a natural worth that it can't fall beneath. Values Protocol gives a likelihood to back NFT tokens to the depository liquidity. Values present monetary and game-hypothetical elements into the market through marking and holding. Values is part of the way fork for OlympusDAO with own turn applied for NFT Bonding for metaverse space and in light of Polygon organization.

Bother of Values

They will likely form a strategy controlled liquidity framework for NFT metaverse space, in which the conduct of the $VALUES token is controlled at an undeniable level by the DAO. In the long haul they accept this framework can be utilized to enhance for dependability and consistency with the goal that $VALUES can work as a worldwide unit-of-record and mode of-trade cash in a decentralized metaverse. Temporarily, we mean to improve the framework for development and abundance creation.

How would I take part in Values?

There are two fundamental systems for market members: marking and holding. Stakers stake their $VALUES tokens as a trade-off for more $VALUES tokens, while bonders give LP or MAI tokens in return for limited $VALUES tokens later a fixed vesting period.

How might I profit from Values?

The primary advantage for stakers comes from supply development. The otter reaps new $VALUES tokens from the depository, most of which are conveyed to the stakers much obliged for the $VALUES tokens they advertised. Subsequently, the addition for stakers will come from their auto-intensifying equilibriums, however value openness stays a significant thought. That is, assuming the increment in symbolic equilibrium outperforms the expected drop in
cost because of expansion, stakers would create a gain.
The principle benefit for bonders comes from value consistency. Bonders submit a capital forthright and are guaranteed a decent return at a set moment; that return is in $VALUES and in this manner the bonder's benefit would rely upon $VALUES cost when the bond develops. Bonders benefit from a rising or static $VALUES cost.

Who made Values?

Values is a fork of OlympusDAO with its turn applied for NFT space on the Polygon Network that will help different tasks construct a decentralized metaverse.Thecenter group has consolidated involvement with software engineering, cryptography, economy, and plan. Followed by long stretches of involvement with crypto.They like to remain for the most part mysterious for the achievement of this task as a result of our target turning into a Decentralized Autonomous Organization.

Values intends to address this by making a free-drifting store money, $VALUES, that is supported by a bin of resources. By zeroing in on supply development instead of estimating appreciation, Values trusts that $VALUES can work as a cash that can hold its buying power paying little heed to showcase unpredictability.

Who runs Values?

As of now the vast majority of the choices are taken by the center group however team hope to have the option to transform this into a DAO-administered model quickly with your assistance values is expect to become Metaverse Reserve Protocol. In a present moment they would zero in on development. By joining NFTs and holding framework Values could turn into the main OHM fork with NFT loyalties.

pothetical elements into the market through marking and holding. Values is part of the way fork for OlympusDAO with own turn applied for NFT Bonding for metaverse space and in light of Polygon organization.

Who makes Values

Value is an offshoot of OlympusDAO with turn applied for NFT space in Polygon Network which will help different tasks of building decentralized metaverse. The center group has consolidated involvement with software engineering, cryptography, economics, and planning. Followed by a long involvement with crypto. They like to remain mysterious for the achievement of this task because our target is changing to a Decentralized Autonomous Organization.

Values ​​intends to address this by generating free stash money, $VALUES, backed by a pool of resources. By focusing on expanding supply instead of forecasting appreciation, Values ​​believes that $VALUES can serve as cash holding its purchasing power with little regard for exhibits of uncertainty.

Who runs Values

To date most of the choices have been made by the central group but the team hopes to have the option to quickly convert this to a DAO managed model with your help value expected to be the Metaverse Backup Protocol. At this time they will be aiming at development. By joining NFT and holding onto the framework, Value can turn into a major OHM fork with NFT loyalty.

What is bonding?

Bonding(1,1) is the secondary value accrual strategy of Values. It allows Values to acquire its own liquidity and other reserve assets such as LUSD by selling $VALUES at a discount in exchange for these assets. The protocol quotes the bonder with terms such as the bond price, the amount of $VALUES tokens entitled to the bonder, and the vesting term. The bonder can claim some of the rewards ($VALUES tokens) as they vest, and at the end of the vesting term, the full amount will be claimable.

Bonding is an active, short-term strategy. The price discovery mechanism of the secondary bond market renders bond discounts more or less unpredictable. Therefore bonding is considered a more active investment strategy that has to be monitored constantly in order to be more profitable as compared to staking.

Bonding allows Values to accumulate its own liquidity. We call our own liquidity POL. More POL ensures there is always locked exit liquidity in our trading pools to facilitate market operations and protect token holders. Since Values becomes its own market, on top of additional certainty for $VALUES investors, the protocol accrues more and more revenue from LP rewards bolstering our treasury.

(1,1) Bonding

1,1 Bonding is the process of buying regular 1,1 Bonds
Users can swap selected tokens (usually stable coins like DAI and USDC) or LP pairs directly with the Protocol in exchange for discounted $VALUES tokens.
This allows the Protocol to build reserves of stablecoins which help grow the project and allow us to offer attractive APYs.
In return, Bonders will receive a linearly vested supply of discounted $VALUES tokens which can be redeemed and staked or traded.

(4,4) Bonding

4,4 Bonding is very similar to (1,1) bonding with some differences
The rewards for a 4,4 bonds are paid in sVALUES(staked $VALUES) instead of $VALUES
Complete Value of 4,4 bond is staked, not separated into epochs
Your rewards compound as they are vested, meaning you don't have to stake them, after claiming them
Bonds have a vesting period of 5 days and you can claim at the end.
The percentage shown in sidebar is ROI (Return of Investment) after 5 days and not discount.
Breakdown of percentage is show on the bonds page
In below example ROI is 12.28 = 0.70% (discount) + 11.58% (Rebase rewards on complete amount)
Note: As you get sVALUES, you get rebase rewards even if you don't claim them.
Claiming just moves sVALUES from contract to your total staked amount.

Learn More:

Website: https://values.finance/
Twitter: https://twitter.com/ValuesDAO
Discord: https://discord.gg/xdNKGffeY2
Telegram: https://t.me/valuesDAO

Author : Chaniagho

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Telegram Username: @Chaniagho
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