IMETA is a platform that enables decentralized hedge funds and lending, operating within the Polkadot ecosystem. The IMETA network consists of various Decentralized Autonomous Organization (DAO) modules that act as decentralized hedge funds/investment funds. Investors can pool their funds into these IMETAs, which will be managed by the managers of that specific IMETA and invested to generate profits, similar to traditional hedge funds.
IMETA will function both as a currency and a utility token. It will be central to the platforms use, with decentralized hedge funds required to lock a certain amount of IMETA tokens to operate on the platform. Borrowers will need to deposit IMETA tokens as collateral to secure loans, lenders may require borrowers to pay interest in IMETA tokens, and decentralized hedge funds may also opt to distribute profits in IMETA tokens.