Ahoy, Metapeers! Our latest TVL figures have been released, and the crew is proud to report that we have over $4.43 MILLION USD locked in the Metapier contract. A big thank you to all our treasured users for getting us there!

Ahoy, Metapeers! Metapier now supports the @NuFi_Official Flow wallet! NuFi, together with Blocto and Lilico, are the 3 wallets currently supported for use on Metapier. Stay tuned for more updates!

Another issue of the #MetapierCaptainsLog. ICO vs IDO vs IEO

🥳 We're incredibly excited to announce that September 20 is officially recognized as International NFT Day #NFTDay is bigger than Flow, it's about celebrating communities across the entire Web3 space 👇 Read our full announcement to learn more https://t.co/im1nVgPb3X

Well this is cool 😜 People claiming the official #NFTDay FLOAT! @OfficialNFTDay

Creating a master @OfficialNFTDay thread focused on @flow_blockchain projects who are getting involved We'll be surfacing all #NFTDay giveaways, drops, announcements below as they happen 🧵 Keep an eye out throughout the day (20th Sept)

Ahoy, Metapeers! A list of Metapier's investors and partners has finally been published. These are the people who believe in our vision and are helping us in our mission. Check out the article below: https://t.co/WBIntJdglw

...which provides an incentive for both the protocol and the liquidity providers. The main benefit of liquidity providers is their provision of token assets to a pool, for which they are compensated via the transaction fee. That's it for this week, stay tuned for next time! 5/5

What are liquidity providers? Liquidity providers are people who deposit assets into liquidity pools, which allow these pools to function for trading between this pair of assets. A percentage of any trade using the pool is paid to the protocol as a transaction fee, 4/

...and they receive the token they want in exchange. The main benefit of liquidity pools is that they eliminate the problem of finding willing people to trade with on a regular basis at a mutually agreeable price point. 3/

What are liquidity pools? In DeFi protocols, instead of trading with particular sellers or buyers, users interact with liquidity pools, which are pools of two types of digital assets. When executing a trade, the protocol deposits the token the user is selling into the pool, 2/

Hey, Metapeers! Welcome to another issue of the #MetapierCaptainsLog. This week, we'll explore liquidity pools and liquidity providers. Let's dive in... 1/

We hope you enjoyed this entry, and we look forward to sharing more insights with you on next week's #MetapierCaptainsLog! 4/4

That’s where fungible token exchange platforms like Metapier's Pier Wharf and NFT marketplaces come in handy. Part of Pier Wharf's functionality is determining the market price to automatically maximize the asset's liquidity using a market-making algorithm. 3/

Holders of liquid assets can trade their assets quickly at market price without offering discounts. However, the value of the assets needs to be communicated between market participants. 3/

Liquidity describes how easily an asset can be exchanged between parties without a drastic change in the asset’s price. When the value of an asset is widely accepted by the general public, the asset is more likely to have higher liquidity. 2/

Ahoy, Metapeers! We'd like to introduce a new series, the #MetapierCaptainsLog! Each installment gives you a little more background on DeFi, how it works, and why it's important. This week's installment is about Liquidity. 1/

See here for the full report:

Hey, Metapeers! We’re proud to release Metapier’s first complete 3rd party smart contract audit report. Audited by Oak Security on August 8, 2022, Metapier’s smart contracts have been found to be safe and secure, and all issues discovered in the audit have been resolved.

Hey, Metapeers! There are some exciting updates brewing... Metapier has partnered with @CelerNetwork's cBridge to provide liquidity #onFlow with bridged tokens from other chains. Now you can transfer your $USDC, $WETH and $WBTC to and from @flow_blockchain with ease!