On July 26th, Beijing time, Littlemami officially announced the official launch of the NFT limited-time staking function, which marks an important step for LittleMami to transform from a web3 community to a CRYPTO ecosystem.

As we all know, staking is the core part of the Defi ecosystem and plays a significant role in reducing the cost of destruction and increasing the liquidity of the protocol. So, does Littlemami start limited-time staking and actively transform at this point in time, does it mean that the team is preparing for the upcoming To prepare for the bull market, start to improve TVL?

Let’s find out~

What is time-limited pledge?

In order to give back to the community users for their support and love, as well as their expectations for LittleMami to provide financial interactive services for NFT, LittleMami will officially launch the LMC TOOL SSR series NFT pledge flash event on July 27, and will open two channels for users to participate. The first channel is to pledge on the YIBI NFT market, and the second channel is to pledge on the LittleMami official website https://mami.network/

At present, the annualized rate of single-coin staking is 287.55%. Daily production is 228.4615LMC. The annualized rate of LP staking is also 306.29%. Daily production is 436.3636LMC. Although the rate of return is not as violent as OHM's initial return in a few hours, compared with most DEFI pools on the market, the return and expectations are at the forefront.

What is Littlemami?

Littlemami was formerly known as the Little Nai Ma Guild, a DAO organization spontaneously formed by a group of web3 enthusiasts. With the advent of the crypto bear market, Littlemami actively transformed and issued important ecological components such as NFT and Token. With the implementation of pledge, the entire Littlemami ecosystem is exuding vitality. Littlemami is a web3 brand that is committed to creating a playable, profitable and sustainable Metaverse through the cultural consensus and financial interaction of NFT.

Littlemami is an NFT and Metaverse application platform built around the club, dedicated to transforming Metaverse into the real world. Mami Protocol is an open source protocol that aims to solve the liquidity problem in the NFT market, supports the creation of ERC20 and ERC721 trading pairs, and allows users to earn liquidity tokens by staking ERC20 and ERC721 tokens.

Why transform?

2022 to 2023 is a dark year for the crypto world. We have experienced a series of black swan events such as the FTX crash, Three Arrows Capital bankruptcy, and the bear market in the NFT market. Facts have proved that a single business model based on NFT is difficult to develop. NFT has passed the era of relying solely on narrative to pull the market. In the next bull market cycle, only the ecosystem with the Metaverse protocol as the core will be the mainstream of market attention. Littlemami is committed to converting Metaverse into the real world, which is the fundamental reason for the transformation.

In addition to the influence of market factors, favorable policies are also an important reason for Littlemami to transform and upgrade. Since 2023, the Hong Kong government has taken frequent actions and continuously introduced various favorable policies, vowing to build Hong Kong into a web3 center and regain its position as a world financial center. Littlemami, located in Hong Kong, also sees the favorable policies and bright prospects in the future, so it actively promotes transformation and upgrading.

Littlemami's future will not be limited to this

If it is just NFT and Token, it is not a difficult achievement in the world of Metaverse. After all, there are thousands of new Tokens and NFTs issued every day.

However, Littlemami’s determination is probably not as simple as simply issuing an NFT and a token. By extending the timeline, we can see that whether it is the current NFT, token, or the upcoming protocol, it will attract major NFT communities to pledge, as well as subsequent SWAP, lending, and even cross-chain. Littlemami will form a huge ecological group with LMC as the core, and through the collaboration between major ecological components, it is bound to push LMC to a new height. Perhaps, we are witnessing the birth of the next AAVE.