Metavault.Trade
About Metavault.Trade
Metavault.Trade is a new kind of Decentralised Exchange, designed to provide a large range of trading features and very deep liquidity on many large cap crypto assets.
Traders can use it in two ways:
Spot trading with swaps and limit orders.
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: 49.38%
Buy: https://app.metavault.trade/#/buy_mvx
MVLP
The platform's liquidity token, MVLP, receives 70% of the fees collected.
APR: 67.67%
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/ccontract
Tokens
URL: https://api.metavault.trade/tokens
Retrieve a list of tokens and info for each token
USD amounts are multiplied by (10 ** 30)
Token amounts are multiplied by (10 ** token.decimals)
Actions
URL: https://api.metavault.trade/actions
Retrieve a list of actions, these will include swaps, increasing a position, decreasing a position and liquidations
Params:
account (optional): pass in the checksum address of an
account
after (optional): for pagination, the id to start after
To get the checksum address: https://web3-tools.netlify.app/, you can also use a library like ethers
Volume
Hourly: https://api.metavault.trade/hourly_volume
Daily: https://api.metavault.trade/daily_volume
Weekly: https://api.metavault.trade/weekly_volume
Total: https://api.metavault.trade/total_volume
Volumes are separated by action, token, day / week
Params:
after (optional): for pagination, the id to start after
Supply
Circulating supply: https://api.metavault.trade/circulating-supply
Total supply: https://api.metavault.trade/total-supply
Tokenomics
MVX is the Metavault.Trade’s governance and utility token.
Token Information
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
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.
Treasury Assets
The MVX-USDC LP liquidity is provided and owned by the Protocol (MVX Treasury). 100% of the fees from this trading-pair are converted into USDC and deposited into the MVLP as Protocol-owned liquidity of the MVX Treasury every friday.
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:
1.2 million for marketing, partnerships and community development
6 million reserved for rewards (as esMVX which can be converted over time to MVX)
1 million for liquidity on Uniswap (reserve held in the MVX-Multisig)
300,000 for MetavaultDAO team (linearly vested over two years with a three-month cliff)
1.5 million allocated to presale
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.
Join The Metavault Community
Website: https://metavault.trade/
Twitter: https://twitter.com/MetavaultTRADE/
Telegram: https://t.me/MetavaultTrade/
Telegram Bounty: https://t.me/Tokensfund_io
Discord: https://discord.com/invite/metavault
Documentation: https://docs.metavault.trade/
#Metavault #Defi #Blockchain #Dex #Dao
Author
Forum Username: bondan88
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2632383
Telegram Username: @bondan88
Polygon/matic chain Address:0x0D7fBAd549E0dd2BD7242A8060BB2441CF1f5A3A