2023-Jun-25

Metapioneers: MIP-5 Proposal "Galaxy Expedition"

Background of MIP-5 Proposal

MIP stands for "MetaPioneers Request for Improvement."

Over the past period, the price of MPI tokens has experienced significant volatility, which may affect the enthusiasm and determination of new explorers to join MetaPi, as well as slow down the growth of treasury assets.

We aim to further strengthen and improve the stability of supply and demand on the MetaPi platform to maintain sustainable growth and development. This is of equal importance for the investment returns of our supporters and investors and the success of the project.

To enhance the stability and attractiveness of the MetaPi platform, after research and deduction, we will introduce a brand-new OMPI options mechanism to further promote the growth of treasury assets.

MIP-5 Proposal Details

1. Building a New OMPI Options System: To enhance the platform's attractiveness and stability, we propose constructing a brand-new OMPI options system. This system will provide a tool for users holding MPI tokens to exercise their options and acquire MPI tokens at a discounted price at any future time. The introduction of the options system will offer users more flexibility and protection to cope with market fluctuations. This will help increase the active user count on the MetaPi platform and have a positive impact on the investment returns for supporters and investors.

2. Introducing the New "Starlord" Identity: To incentivize user participation and contributions, we plan to introduce a new identity called "Starlord." Outstanding users on the MetaPi platform will enjoy special privileges and rewards as Starlords. This will further promote community interaction and cohesion, enhancing the visibility and appeal of MetaPi.

To ensure community involvement and consensus, we will provide detailed explanations of the above concepts and plans through Q&A sessions. Through extensive community discussions and voting, we will determine the final proposals and strive for community support and participation. This will ensure effective communication and collaboration between us and the supporters and investors, driving the development and success of MetaPi together.

MIP-5 Proposal Q&A

Q: What is OMPI?

OMPI is a concept of options tokens that are non-transferable or tradable for users. By holding OMPI, users can exercise their options at any time for the corresponding quantity of MPI at a price of [0.35 * current MPI token price] (released gradually over 90 days).

Q: How can I acquire OMPI?

A: You can purchase OMPI during the MetaPi "Interstellar Expedition" event. You need to pay a certain quantity of MPI (starting from 50,000 MPI per transaction), and upon successful payment, you will receive double the amount of OMPI. For example: If you pay 50,000 MPI for the purchase, you will receive 100,000 OMPI.

Q: How can I exercise OMPI?

A: Once you hold OMPI, you can customize the exercise time and quantity. To exercise, you need to pay U at a discount of 35% of the current MPI token price ([0.35 * current MPI token price]) per OMPI exercised. After a successful exercise, you will receive the corresponding quantity of MPI (released gradually over 90 days).

For example: If you choose to exercise 20,000 OMPI and assume the current MPI token price is 0.003U, you can pay [0.35 * 0.003] * 20,000 = 21U to acquire 20,000 MPI (released gradually over 90 days, and you can claim the released MPI at any time).

Q: What is "Starlord," and how can I obtain it?

A: "Starlord" is a new identity role introduced in the MetaPi "Interstellar Expedition" program. Users who hold the "Starlord" identity will enjoy special privileges and rewards. You can purchase the "Starlord" identity through the "Interstellar Expedition" store. The initial sales will have three phases with a total of 500 "Starlord" identities, and the expected pricing (price per "Starlord" identity) is as follows:

🌟Phase 1: 200 “Starlord” spots priced at 50,000 MPI / per. 🌟Phase 2: 100 “Starlord” spots priced at 100,000 MPI/ per. 🌟Phase 3: 200 “Starlord” spots priced at 150,000 MPI/ per.

Starlord Q & A

Q: How can I get “Starlord” identities”?

A: You can purchase through the official purchase entrance below⬇️

🔗https://app.metapi.xyz/StardustOmpi

Q: Can my address hold multiple "Starlord" identities?

A: No, a single address can hold only one "Starlord" identity.

Q: What are the privileges of being a "Starlord"?

Privilege 1: Resource Prospecting:

As a “Starlord,” you’ll have the privilege of resource prospecting. This means that you will receive a 10% reward of the MPI paid by your team members. The reward will be released gradually over a span of 30 days, allowing you to enjoy the fruits of your collective efforts and fueling your aspirations for exploration and discovery.

Privilege 2: Interstellar Alliance:

But the benefits of being a “Starlord” don’t end there. By fostering an interstellar alliance, you can unlock even greater opportunities. By referring a nearby “Starlord” B, as a “Starlord” A, you will receive a 5% reward of the MPI paid by the team members of “Starlord” B. This reward will also be released gradually over 30 days, solidifying the bonds of camaraderie and supporting each other’s cosmic aspirations.

These privileges not only enhance your personal journey but also foster a sense of unity and collaboration among the “Starlords.” Together, we can push the boundaries of exploration and pave the way for a brighter future among the stars.

💡You can purchase the “Starlord” identity through the “Galaxy Expedition” store.

Q: How are the MPI proceeds from "Starlord" sales handled?

A: They will all be transferred to a burning address.

Q: How are the MPI proceeds from “ Galaxy Expedition” sales handled?

A: 70% will be burned, 15% will go to direct referral earnings, 10% will go to “Starlord” identity earnings, and 5% will go to “Starlord” referral earnings.

Q: Does the MPI released in the “Galaxy Expedition” OMPI system within 90 days have any relation to Fleet Dividends and Star Dividends?

A: Yes, it does. The MPI (the value calculated by users’ claims) released in the “Galaxy Expedition” OMPI system within 90 days will be allocated to Fleet Dividends at a 5% ratio and Start Dividends at a 5% ratio.

Q: What is the relationship between the MPI and USDT contributed by users and the contribution value?

A: The MPI contributed by users and the U paid for exercising OMPI have a relationship with the contribution value. Each 2U paid will reward 1 contribution value. Both the user and the invited team members can earn MetaPi contribution values.