Adamant MetaNetwork is a network of projects to be governed under the Binance Smart Chain that bridges crypto and real-world transactions and activities. It aims to advance the adoption of cryptocurrency in an individual’s everyday life. The Adamant MetaNetwork aims to accelerate the connection between the Metaverse and reality. The Adamant MetaNetwork will be developing applications and decentralized applications, GameFi, Virtual Land, Metaverse, Ramps, and will be investing in the same fields as well with the same goal of making cryptocurrency more accessible to the world. Projects such as Adamant Mine, Adamant Stable Coin, and Adamant Pay are some of the endeavors that will make crypto adoption in the World a reality. Through its usage it will connect people who play, invest, and acquire in ADMC, APHP, and ADMN.
1. Governance
$ADMN gives the holder the power to help shape the future of the company. Holders are able to influence decisions to be made by the Adamant MetaNetwork team, not only in development, but investments that the Adamant MetaNetwork makes. Holders may also suggest revisions to the different protocols within the MetaNetwork. Vote weight would be proportional to the amount of $ADMN or $ADMNs tokens held by the staker. 51% of all staked $ADMN and $ADMNs tokens are required to reach a quorum for governance decisions, and the majority of voters (50%+1) will be followed. All governance suggestions should be answerable with a “Yes'' or “No”. A minimum of 1,000 $ADMN/$ADMNs tokens must be staked by a wallet to be eligible to create a community suggestion for governance voting. This minimum may voted on to be changed.
2. Staking with BNB rewards
STAKING Access to staking will require an Adamant MetaNetwork Access Pass NFT to be minted. The Access Pass is an untradable/non transferrable NFT that gives a specific wallet access to the Adamant MetaNetwork’s decentralized application. At least 30% of all income made by the Adamant MetaNetwork and its subsidiaries will be inserted into two staking pools to be distributed for 30 days while the other 50% will be used for operations and development, 20% will be allocated to Adamant Ventures. The staking pool will be giving dividends in terms of BNB.
Adamant MetaNetwork (ticker $ADMN) has a total supply of 20,000,000 tokens. The token employs a mintable, burnable, pausable contract which has no taxes on transactions.
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