Introduction to the Metavault Trade

in #matic • 2 years ago

image.pngIntroduction Metavault Trade is built on top of three existing modules (Swap Wallet, Swap Market, and Liquidity Aggregator) with a non-custodial framework and smart contracts to execute trades. Metavault Trade will provide centralized governance for liquidity pools allowing users to enjoy both centralized and decentralized benefits.

Metavault Trade will give you access to a whole new world of trading, with all the benefits that the Liquidity Aggregator has to offer. With advanced smart contract-based transactions and our own execution framework, you will be sure that your transactions are being executed as usual.

Can't remember that password? Lost track of who owes you what? Metavault Trade has the answer with their new exchange. Metavault Trade replaces your boring and outdated wallet with a sleek digital interface that will give you access to all your financial information on one easy-to-use platform. Furthermore, Metavault Trade can also be used to store digital assets and pay bills, making it a one stop shop for all day-to-day tasks handled by the wallet.

A cryptocurrency decentralized exchange that enables instant and secure exchange between crypto assets.



Metavault is a blockchain-based community controlled investment platform and decentralized venture capital vehicle that allows anyone to invest in the latest and most profitable blockchain, DeFi and metaverse projects and strategies.
Metavault scours the crypto landscape for disruptive new projects or protocols and allocates treasury funds into the most promising instruments at an early stage to capture the best rewards.

Metavault.Trade is a decentralized spot and perpetual exchange with low swap fees and zero price impact trades. It allows for simple swaps and perpetual trades with up to 30x. Trading is backed by a multi-asset pool which is in turn supported by liquidity providers. Liquidity providers receive rewards from swap fees, market making, rebalancing, and perpetual trading. 100% of platform earnings are distributed to stakers.

Traders can use it in two ways:

  1. Spot trading with swaps and limit orders.
  2. Perpetual Futures trading with up to 30x leverage on short and long positions.

Metavault.Trade aims to become the go-to solution for traders who want to stay in control of their funds at all times without sharing their personal data. Its innovative design gives it many advantages over other existing DEXes:

  • Very low transaction fees.
  • No price impact, even for large order sizes.
  • Protection against liquidation events: the sudden changes in price that can often occur in one exchange (“scam wicks”) are smoothed out by the pricing mechanism design relying on Chainlink price-feeds.
  • All-in-one platform: Spot and Leverage trading.

Ecosystem

MVX

  • The utility and governance token is called MVX. Acquires 30% of the earnings the platform generates.
  • APR: 51.58%

Buy: https://app.metavault.trade/#/buy_mvx

MVLP

  • The platform's liquidity token, MVLP, receives 70% of the fees collected.
  • APR: 68.11%

+ LIQ. : https://app.metavault.trade/#/buy_mvlp

MVD

  • Our DAO-Ecosystem Token
  • APR: 15.61%

Buy: https://www.lbank.info/exchange/mvd1/usdt/#usd

MVLP

MVLP is the platform's liquidity provider token.

MVLP consists of an index of the assets used on the platform for swaps and leverage trading. Users can mint MVLP by adding any index asset to the liquidity pool (LP) while MVLP is burned each time a user removes any index asset from the LP.
MVLP holders earn rewards in the form of MATIC and esMVX tokens.
The MVLP token is designed to supply the liquidity required for leverage trading. As such, MVLP holders are the liquidity suppliers and they make a profit when leverage traders make losing trades. On the contrary, they make a loss when leverage traders make profitable trades. Past PnL data and other stats can be viewed on https://stats.metavault.trade/.

API

API overview of Metavault.Trade
For contract interaction: https://docs.metavault.trade/contracts

Tokenomics

MVX is the Metavault.Trade's governance and utility token.

Token Information

Staking

Staked MVX generates three reward types:

  • MATIC
  • esMVX
  • Multiplier Points

30% of swap and leverage trading fees are converted to $MATIC and distributed to the accounts staking MVX.

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 of the supply.
Circulating supply changes are dictated by the number of tokens that are distributed through other DEXs, vested, burnt and spent on marketing.

MVX allocations are:

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)

Liquidity is owned by the Metavault protocol and is stored under the multi-signature wallet.

Official information

#Metavault #Blockchain #DeFi #Metaverse #Dex

Forum Username: CarrollKleinin

#metavault #blockchain #defi #metaverse #dex
2 years ago in #matic by
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