MuTerra - 5 Years of Airdrop Tokens

There are two reasons to look into the MuTerra game. The first is that it is fun to play and the second is the investment opportunity.

https://muterra.in/

Periodically, I review the different projects and games that I spend my time. Since I spend time playing MuTerra, I am earning the MUT token in-game by killing beasts and then selling the items I pick up afterwards. There is still a lot of development occurring with new enhancements being added about every month. I love the adventuring and battling the beasts that appear.

Since I am really starting to enjoy the game, I figured I had better review the White Paper to ensure that I am not missing out on anything with the project.

MUT Asset Airdrop

Since I was receiving a small MUT airdrop on a daily basis for owning some "CRATE" packs, I had not really given it much thought. But when I started reviewing that section of the White Paper, I was very surprised to learn that the MUT Airdrop will last for 5 Years.

It started this past January so there are still 4 1/2 years left in the Airdrop.

MUT Staking Rewards

After you have received the Airdrop on a daily basis, if you stake the MUT received, you will receive staking rewards. The 1st Year staking rewards are very nice. This was intentionally done to reward "early supporters" with a nice little head start.

For your staked MUT tokens, you will earn 0.925 % daily. If you use the simple interest calculation (0.925 times 365 days), this is a 337.65 % annual return.

Purchased Echo Tamer

I decided to add to my Muterra assets by purchasing one of the Echo Tamers. You could purchase it for $10 of various tokens.

Or you could get one from the in-game market. The cheapest currently listed on the market is for $6.80

The Echo Tamer provides a daily MUT airdrop of 0.1 MUT. There are 4 1/2 years left in the MUT airdrop so I would receive 164.25 additional MUT over that period of time. (4.5 X 365 X 0.1)

Currently MUT is priced at $0.04841 each so that is $7.95 that is guaranteed in MUT airdrop tokens. As you can see above, the price of an Echo Tamer on the market is currently only $6.80 so you would actually get paid to purchase one of them.

Oh, and just think, that is just from the daily MUT airdrop on the assets that you are holding. If you stake any of the MUT received, you would also receive daily rewards for 4 1/2 years. For the first year, you would receive 0.925% on your staked MUT. The % does drop off after the first year but as you can see you would receive far more MUT from the Airdrop and Staking Rewards than it would cost you.

This does however assume that the token price stays stable which is never a guarantee. It could go down or it could go up, no one knows for certain which direction a token price will move over time.

Current Staking Rewards

I plan on staking all of the MUT that is airdropped to me so that I can receive the MUT Staking Rewards. I only own 2.9 MUT but will be adding to this over time. The staking rewards I received today were 0.02582908 MUT but this will start to grow faster and faster as I start to receive the airdrop for the ECHO tamer I purchased. The rewards will start to compound.

NFA

The above is "Not Financial Advice" (NFA) so do your own research before investing.