Review Metavault Trade
With easy access to blockchain technology and its many sub-components and use-cases, token development, crypto startups are creating their own crypto assets or tokens and using traditional economic principles to plan their new blockchain economy and management of token value. Due to this, the market becomes crowded and there are thousands of cryptocurrencies that have their own value and purpose.
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.
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.
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.Trade . Ecosystem
MVLP ( Liquidity Provision Incentive) — MVLP is a platform liquidity token. Metavault.Trade requires a multi-asset pool with a lot of liquidity. To ensure this happens, the platform has a very generous incentive program: 70% of the platform fees are redistributed to liquidity providers who score MVLP by accumulating their crypto assets. MVLP acts as a counterweight to leverage traders on the platform, with their losses flowing back into MVLP.
MVX — Metavault.Trade has its own governance and utility token: MVX. Holders are incentivized to stick around for the long term, with many rewards accumulating quickly. MVX marketers will get 30% of the fees collected by the platform in the form of the network’s native token — MATIC on Polygon.
Multi-Asset Group
The great innovation at the heart of GMX, and now Metavault.Trade, is the Multi-Asset pool. All assets supported by the platform are pooled together and a token called MVLP represents the index of this token. The price of the MVLP will fluctuate with the price of the underlying asset in the basket and the traders’ Profit and Loss (PnL) — when they lose a trade, their losses flow to the MVLP.
How does this shared liquidity lead to a lower price impact exchange solution? Say for example that the pool consists of five assets (BTC, ETH, MATIC, USDC and DAI) in equal proportions in terms of dollar value: 20% each. If a trader wants to buy a 50% supply of BTC with USDC, they can do so instantly, without any price impact. Once the order is completed, the pool status will be BTC: 10%, USDC: 30% and the rest remains unchanged. To understand how unique this feature is, I encourage you to check out how much price impact you can get for very large orders on CEX with the order book or on DEXs like Uniswap!
The general opinion is that decentralized perpetual trading is still massively undervalued as a vertical and that it will take up a larger share of the crypto trading market — especially to the detriment of CEX.
This alone would make it a project worth looking into; furthermore I think we need to remember what happened with GMX: it has been a huge success for those who are in the early stages, either providing liquidity or buying the utility token and governance of the platform, $GMX.
IMHO, Metavault.Trade gives everyone the opportunity to be early on a project of the same quality as GMX and even with a special advantage over it:
It is built on top of Polygon, a chain where transactions are fast and cheap and onboarding users is easy. Plus, without going into too much technical detail, there’s more to the Chainlink feed in Polygon than in the chains where GMX is active, and this is crucial for making pricing and listing new assets easier.
Its tokenomics allow for more incentives. The history of GMX is a bit complicated, it is a rebrand of the BSC Gambit project, and previous Gambit investors were allocated most of the GMX supply. There are no previous investors with Metavault.Trade and this allows the protocol to reserve a larger proportion of tokens to value farms when compared to GMX.
A vibrant and engaged community. Metavault.Trade is part of the entire blockchain ecosystem and technology project under the Metavault DAO umbrella. They have a development team A and many community members involved in supporting their efforts.
Team
Metavault.Trade is built by professionals and experts in their field who have years of experience in blockchain technology and understand the crypto market. The team collaborated together in developing a decentralized exchange that would be used by many people globally easily and securely. With this collaboration, it is hoped that users can get the best service, where they can transact safely, quickly, and at lower costs through their devices.
Read More Here
Website: https://metavault.trade/
Twitter: https://twitter.com/MetavaultTRADE
Telegram: https://t.me/MetavaultTrade
Discord: https://discord.gg/metavault
Medium: https://medium.com/@metavault.trade
by : VisualKangJue
BTT : https://bitcointalk.org/index.php?action=profile;u=2826355
Polygon wallet : 0x87286b514543a3d72392aAc6c8602CCf2dF25855