Metavault.Trade - Next generation DEX perp with zero slippage swap and leverage up to 30x
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Cryptocurrencies and innovations have been amazing since they were introduced. One of the things that cryptocurrencies are known for is that their transactions are highly secure, verified, and all records are maintained or protected by a cryptographic, decentralized system. This makes it difficult or impossible for cryptocurrencies to double-spend or be counterfeited.
Cryptocurrencies provide investors with an easy, innovative and profitable way to invest and make money online. Also, it is important to note that digital currencies (cryptocurrencies) such as bitcoin provide the world with a trusted gateway to unlimited personal wealth. not confiscated. To make crypto mainstream, a platform like Metavault.Trade platform is needed where crypto enthusiasts (users, traders and investors) can easily see. review. Their overview of trading signals as well as crypto news updates not only help them make the right decisions, it also puts an end to the pressure to maintain multiple accounts across multiple platforms.
Metavault Trade Is A Decentralized And Perpetual Exchange With Low Swap Fees And Zero Price Impact Trading. Trading is Backed By Multi-Asset Pools Which In Turn Backed By Liquidity Providers. Metavault.Trade has integrated the Chainlink Price Feed and Chainlink Keeper on the Polygon mainnet. As such, our perpetual trading platform now has access to a highly secure and reliable source of financial data via the Chainlink Price Feed, while our users can post a wide range of limited order trades thanks to Chainlink Keepers’ highly reliable smart contract automation.
What is Metavault.Trade?
Metavault is a community-controlled treasury and decentralised venture capital vehicle that allows anyone to invest in the latest and most profitable Blockchain, DeFi and metaverse projects and strategies.
Metavault.Trade is a new type of Decentralized Exchange designed to provide a wide range of trading features and very deep liquidity on many large cap crypto assets. With Metavault Trade you can trade top cryptocurrencies with up to 30x leverage right from your personal wallet. Metavault.Trade is a state-of-the-art Decentralized Exchange platform that does not require registration. To start trading in Metavault. Trade all you need is a Web3 wallet.
Metavault Trade Is A Decentralized And Perpetual Exchange With Low Swap Fees And Zero Price Impact Trading. Trading is Backed By Multi-Asset Pools Which In Turn Backed By Liquidity Providers.
Trading is Backed By Multi-Asset Pools Which In Turn Backed By Liquidity Providers. Liquidity Providers Receive Rewards From Swap Fees, Market Making, Rebalancing And Leverage Trading. MVX Uses Oracle Chainlink And TWAP Pricing From A Large Volume Decentralized Exchange For Dynamic Pricing.
Problem
Most of today’s crypto users trade through centralized exchange platforms. Through this exchange platform, users will be able to trade crypto easily and securely. But the problem is that usually centralized exchange platforms use KYC for their trading which is problematic for some as it is related to their identity and privacy. Whereas users should be facilitated with a crypto trading platform that will make it easier for them to trade and not ask for their identity so that users will be able to trade freely without worrying about their privacy.
The solution
And in response to this issue, Metavault.Trade was launched as a decentralized exchange platform that would not question the identity of its users. This service is provided by Metavault.Trade is a decentralized & perpetual exchange, which will allow users to trade quickly and securely with leverage through their personal wallets. Since it only requires a connection to the user’s digital wallet, it means that Metavault.Trade does not require the creation of an account for the user. Users will be able to trade their favorite pairs freely without worrying about their privacy.
Metavault Exchange Features
Low Fees — Very low transaction fees.
No price influence, even for large order sizes.
Simple Swap — Open positions via a simple swap interface. Easily swap from any supported asset to your preferred position.
Reduced Liquidation Risk — Protection against liquidation events: sudden price changes that often occur in a single exchange (“scam wicks”) are smoothed out by the design of the price mechanism.
Complete platform: spot trading and leverage.
Multi-asset pools — The key innovation at the heart of Metavault.Trade is multi-asset pools. This feature allows the platform to share liquidity across all the assets it supports.
#metavault #Dex #mvx #defi #polygon #trade #ido #sale
It is the act of buying/selling assets on a Centralized Exchange (CEX) such as Binance, KuCoin or Coinbase. These platforms have pros and cons: they can offer low transaction fees and allow a lot of flexibility through APIs and bots. But they also require a different level of KYC to use — which is a good thing in principle, until they are hacked and your personal data is available for use by every bad actor imaginable — and sometimes they freeze your assets for reasons only known to them. . . Worst case scenario they get hacked and you lose everything you have on their platform. “ Not your keys, not your crypto! “As the saying goes.
Decentralized Applications (dApps) solve some of these problems by transferring trades to blockchains such as Ethereum and offering decentralized trading solutions. Uniswap is probably the most famous Decentralized Exchange (DEX). No KYC required, and you can use it from anywhere in the world. But fees on Ethereum can be 10 to 100 times higher than they would be charged for similar trades on CEX, especially for those with smaller position sizes. High decentralization price! Metavault.Trade is a new generation DEX that delivers a lot of innovation and very low costs.
#metavault #Dex #mvx #defi #polygon #trade #ido #sale
Futures contract
When people start trading, they usually start with “spot trading”, which consists of buying and selling assets directly on the market. But there are also more sophisticated instruments called futures contracts, or “futures” for short:
A futures contract is an agreement to buy or sell a commodity, currency, or other instrument at a predetermined price at a specified time in the future.
Unlike the traditional spot market, in the futures market, trades are not ‘completed’ instantly. Instead, the two counterparties will trade a contract, which dictates a future settlement. In addition, futures markets do not allow users to buy or sell commodities or digital assets directly. Instead, they are trading representations of contracts from them, and trading assets (or cash) that will actually occur in the future — when the contract is executed [Ref].
These contracts were created so that one could hedge against market variations, but futures trading also offers more possibilities than spot trading:
Traders can “sell”: they can bet against an asset without even owning it.
Traders can use leverage: they can enter positions for multiples of their balance. But in doing so, they run the risk of losing their entire balance when the market goes in the wrong direction, even if only slightly. Using high leverage (10x, 20x… 100x!) with large positions is very dangerous and should be avoided if you are not an expert trader!
#metavault #Dex #mvx #defi #polygon #trade #ido #sale
Why Decentralized Perpetual Trading?
It is a fact known by many who trade in the cryptocurrency space that most perpetual trading is carried out on centralized exchanges (CEXs). The biggest decentralized derivatives exchange, dydx, is ranked 22nd in terms of volume compared to centralized exchanges. This is because the decentralized exchange trading experience has been, for several reasons, hugely lacking since they first arrived on the scene.
However, Metavault.Trade changes all that. The platform, which launched in June 2022, represents the next evolution in perpetual crypto trading thanks to a number of crucial improvements to the overall experience, which will convert not just existing decentralized perpetual traders but those who use centralized exchanges as well.
Blockchain Technology and Oracle Pricing
Metavault.Trade launched on the Polygon Network.
The assets supported are six large caps and three stablecoins:
BTC, ETH, MATIC, LINK, UNI, AAVE
USDC, DAI, USDT
Choosing Polygon over other chains has many advantages:
Polygon transactions are fast and cheap.
It’s easy to onboard users thanks to the ramp-on and ramp-offs from exchanges.
Chainlink provides a large number of price feeds on Polygon. These are crucial for the platform’s pricing mechanism, and the listing of new assets also depends on them.
To set the price of each asset, the platform aggregates Chainlink and Time-Weighted Average Price (TWAP) pricing from major DEXes and CEXes.
This pricing mechanism benefits leverage traders in a huge way because it reduces the risk of liquidation from the temporary wicks one may find on some exchanges. These “scam wicks” often come from whales manipulating the order books to liquidate other traders.
As of Q1 2022, trillions of dollars are traded monthly on crypto markets. DEXes offering perpetual trading account for about $100 billion of this total — with this number growing regularly. Metavault.Trade is well positioned to grab a share of this market, in which its direct competitors make anywhere between $5 million and $60 million in fees every month.
#Metavault #Blockchain #DeFi #Metaverse #Dex
Tokenomics and community
Metavault.Trade is built by the team behind Metavault DAO which fuels a whole ecosystem of blockchain and technology projects.
The code is a friendly fork of GMX, which has already been audited by ABDK Consulting [Find the audit here under the name “Gambit”, the original name of the GMX project].
As security is of utmost importance, an independent audit is about to be finalized.
After carefully considering GMX’s tokenomics, the Metavault DAO team chose to redesign them completely for Metavault.Trade. As a result, a larger proportion of the tokens have been allocated to those who invest in the platform (e.g. staking) than with GMX. The token also launched in a fair way, with no private or seed rounds.
Metavault DAO intends to be a liquidity provider in Metavault.Trade, which will make it robust and independent.
MVX — Governance and Utility Token
Metavault.Trade has its own governance and utility token: MVX. This token entitles the owner to a portion of the earnings accrued by the exchange through user activity. The token can also be staked to help the platform increase its liquidity, which entitles the staker to 30% of the fees collected by the platform in the form of the network’s native token — MATIC.
Escrowed MVX
The platform distributes “escrowed MVX” (esMVX: a non-transferrable token) to MVX stakers, which can be used in two ways:
esMVX can be staked. Holders will receive the same dividends as with staked MVX: MATIC from platform fees, more esMVX and multiplier points. This option allows for compound dividends to accrue.
esMVX can also be unstaked and vested to be converted and distributed as MVX. Vesting esMVX then unlocks linearly over one year, with MVX being distributed with each unlocking.
However, the vested esMVX does not earn the staking divides.
Multiplier Points
Staked MVX receives Multiplier Points (MPs), which allow the holder to accrue protocol fee dividends. Each multiplier point earns the same amount of MATIC as a MVX token.
The longer MVX is staked for, the more MPs are accrued by the staker.
However, unstaking MVX or esMVX will mean the same amount of multiplier points are burned. For example, if one unstakes 50% of the MVX, one will lose 50% of MPs. Restaking MVX will start accruing MPs from 0.
#Metavault #Blockchain #DeFi #Metaverse #Dex
Staking
Staked MVX Generates Three Reward Types:
(Native Token Like MATIC/CRO)
EsMVX
Multiplier Points
30% Of Swap And Leverage Trading Fees Are Converted To (Native Token Like FTM/MATIC) And Distributed To The Accounts Staking MVX.
Treasury Assets
The MVX-USDC LP-Pair Gets Provided By And Owned By The Protocol. 100% Of The Fees From This Pair Are Converted To MVX And Deposited Into The MVX Treasury.
Supply
The Maximum Supply Of MVX Is 10,000,000. Minting Beyond This Maximum Supply Is Controlled By A 28 Day Timelock, An Eventuality That Will Only Be Considered If The Demands Of The Protocol Necesitate An Increase In Liquidity.The Rate At Which The Circulating Supply Changes Will Be Dictated By The Number Of Tokens That Are Distributed Through Other DEXs, Vested, Burnt And Spent On Marketing:
1.2 Million For Marketing, Partnerships And Community Development
2 Million For The Metavault DAO Treasury (Staked+Locked)
4 Million Reserved For Rewards (EsMVX Reserve For Multichain Expansion)
1 Million Paired With USDC For Liquidity On Uniswap
300,000 For MetavaultDAO Team (Linearly Vested Over Two Years With A Three-Month Cliff)
1.5 Million Allocated To Presale
MVX token address: https://polygonscan.com/address/0x2760e46d9bb43dafcbecaad1f64b93207f9f0ed7
After staking MVX, you will receive staked MVX:
MVX staked token address: https://polygonscan.com/token/0xacec858f6397dd227dd4ed5be91a5bb180b8c430
Presale
MVX token price at launch: 1 USDC
GMX community sale = 200,000 MVX at 20% discount (0.8 USDC/MVX), 200 slots
Whitelisted public presale = 1,000,000 MVX at 10% discount (0.9 USDC/MVX), 500 slots
Metavault DAO community sale = 300,000 MVX at 20% discount (0.8 DAI/MVX), 300 slots
Total $ to be raised in presale: 1,060,000 USDC + Metavault DAO Treasury allocation from MVD -> MVX sale
->500,000 USDC paired with 500,000 MVX initial liquidity V3 Pool
-> 60,000 USDC as marketing budget
-> 500,000 USDC as initial MVLP liquidity (owned by the MVX Treasury)
#Metavault #Blockchain #DeFi #Metaverse #Dex
Important Points Table Of Metavault Trade
Basic PointsCoin
Name Metavault Trade
Short Name MVX
Max 10,000,000
FOR MORE INFORMATION CHECK THE LINK BELOW:
Website: https://metavault.trade/
Docs: https://docs.metavault.trade
Telegram: https://t.me/MetavaultTrade
Medium: https://medium.com/@metavault.trade
Github: https://github.com/metavaultorg
Discord: https://discord.gg/metavault
Twitter: https://twitter.com/MetavaultTRADE
Author: gomess1
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2643069
Polygon Wallet Address: 0xe1f377f5B1c2C537485Cf0558793b5d4b9c3569F
Proof Of Authentication: https://bitcointalk.org/index.php?topic=5414372.msg61007165#msg61007165