Metavault.Trade: The first decentralised exchange in the world for trading spot and perpetual futures .
The Introduction of Metavault.Trade
Metavault.Trade is one of the decentralized exchanges that use the polygon protocol for lower-cost, fast and secure trading. Here users will be able to find various features which will facilitate their trading just like a centralized exchange, but it uses a decentralized system that is secure and free of manipulation. Since it uses the polygon protocol, it will make it easier for users to swap their tokens quickly from a simple interface. Also, it will provide users with 30x leverage to make trading more profitable. Users will be able to swap at any price they want and that will be done through the user’s personal wallets. So users will be able to swap their tokens for other tokens without the need to do KYC, they just need to connect their wallet, it’s very easy and very secure.
Features of Metavault.Trade
Because using this polygon protocol means that Metavault.Trade can provide various innovative features which can be used by users easily and quickly, for example, users will be able to swap their tokens easily through a simple interface and this will make the navigation of users faster. and easy. But that’s not all, there are several other features of Metavault.Trade:
- 30x leverage for users: Metavault.Trade gives users quite high leverage for their trades. Compared to other decentralized exchanges, Metavault.Trade is good enough to be able to provide leverage to users, so users can profit more from their trades with lower capital.
- Trading from a private wallet: Metavault.Trade does not provide a registration feature, but users will be asked to connect their wallet like using any other decentralized exchange and after that, they can trade freely.
- Lower fees: Metavault.Trade uses the MATIC protocol which is one of the best protocols in the crypto world with low fees and high speed.
- Swap easily: Metavault.Trade will allow users to swap tokens on their favorite pairs easily and they can take positions from any point.
Metavault.Trade provides you with
- Reduced Liquidation Risks
- An aggregate of high-quality price feeds determine when liquidations occur. This keeps positions safe from temporary wicks.
- Low Costs
- Enter and exit positions with minimal spread and zero price impact. Get the optimal price without incurring additional costs.
- Simple Swaps
- Open positions through a simple swap interface. Conveniently swap from any supported asset into the position of your choice.
- A multi-asset pool
- The main innovation at the heart of Metavault.Trade is the multi-asset pool. This feature allows the platform to have shared liquidity across all the assets it supports.
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.
Tokenomics
MVX is the Metavault.Trade’s governance and utility token.
Token Information
- MVX token address: 0x2760E46d9BB43dafCbEcaad1F64b93207f9f0eD7
- After staking MVX, you will receive staked MVX:
- MVX staked token address: 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.
API
- API overview of Metavault.Trade
- For contract interaction: https://docs.metavault.trade/contracts
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
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
Conclusion
Metavault.Trade sees an opportunity that in the near future crypto trading will increase and this is the right time to enter the market and offer decentralized spot & perpetual exchange services with the best features for users. Metavault.Trade provides a simple yet powerful exchange service, where users can trade securely through their private wallets. It also provides leverage of up to 30x for users and lowers fees, so that users can get the opportunity to earn bigger profits with less capital. So with what Metavault.Trade has to offer, it will be the best-decentralized exchange that is simple, fast, and low cost.
For more information, please visit:
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
Author details :
Bitcointalk username : MiniMouse
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2773386
BSC Wallet Address: 0x2c74a6906ffd1975523b6a1e90d2a010d38cae1e
