# Metanet Defi system

Decentralized finance or defi is one of the exciting utilities of blockchain, which is actually a type of traditional banking system but decentralized. In DeFi systems, you have the possibility of lending, borrowing, pledging, staking and earning monthly and annual profits, yield farming, etc.

In MetaNet we are forward to a decentralized economy where users can earn income in addition to the benefits provided by the marketplace.

In the Metaverse city, we have 5 types of lands, each of which determines your access to this decentralized economy:

A token has been designed for the DeFi system in MetaNet, which users can participate in mining by staking lands and fulfilling the conditions mentioned below. This token is named, UVM, and entire store products can be purchased with this token. Also, by locking it, sellers can get the necessary credit to place more products in the store. Buyers can also receive credit by staking the token and make purchases from the store on credit.

The token initial supply is very limited and its extraction algorithm is also designed tough; considering that it is possible to convert it into a physical product in the store, it makes the token very valuable.

<figure><img src="https://3975388939-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F4pZaQBp1gAIrSqx21iKH%2Fuploads%2Fq6XOCwHMrLfomX26jmiL%2Ff55b5566-f509-4486-ab3a-f205354f6dbc.jpg?alt=media&#x26;token=c80c1d9d-a849-44c6-b531-7c346a30a5da" alt=""><figcaption></figcaption></figure>


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