METAVAULT TRADE

in #new2 years ago

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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.

Tokenomics
MVX is the Metavault.Trade’s governance and utility token.
Token Information

MVX token address: ​
After staking MVX, you will receive staked MVX:
MVX staked token address:
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 (). 100% of the fees from this trading-pair are converted into USDC and deposited into the MVLP as Protocol-owned liquidity of the 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 )
300,000 for ​
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 .
MVX vs MVLP Price
MVX’s price is entirely speculative. MVLP’s price depends on the prices of tokens that are indexed.

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.
  • All-in-one platform: spot and leverage trading.

Metavault has a clear goal in mind — to allow anyone and everyone to invest in the quickly growing DeFi and Metaverse spaces. We believe that investment opportunities like this should not be reserved for “whales” but should be open to anyone with an interest in seeing these ecosystems flourish. Our platform will ensure that there are no barriers to investment in the next generation of technological development, building our own protocols as well as investing in promising other protocols.

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.

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.​

#polygon #metavault #trade #ido #sale
https://metavault.trade/
https://app.metavault.trade/
https://t.me/MetavaultTrade/
https://discord.com/invite/metavault
https://twitter.com/MetavaultTRADE/


Forum Username: hunganh99
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2860972
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Polygon wallet: 0xD3Fa8a797742188587DC9A473F82e09Acc0cD705

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