Metavault.Trade — A Decentralized Exchange Platform With Leverage Up To 30x

jamaah84 (25)in #metavault • 2 years ago

Introducing

Metavault.Trade is an exchange platform that provides decentralized crypto exchange services designed with various crypto features. Metavault.Trade provides spot & perpetual exchange services which will allow users to trade with up to 30x leverage and directly from their private wallets. Metavault.Trade is an innovative decentralized exchange platform because it provides spot & perpetual exchange services where users can trade securely and easily without going through an account, but by simply connecting their wallet and they will be able to trade. So it is a decentralized crypto exchange platform with leverage and convenience for users.

The 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 people because it is related to their identity and privacy. Whereas users should be facilitated with a crypto trading platform which 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 problem, Metavault.Trade was launched to be a decentralized exchange platform that will not ask for the identity of its users. The service is provided by Metavault.Trade is a decentralized spot & 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 will not require the creation of an account for the users. Users will be able to trade on their favorite pairs freely without worrying about their privacy.

Besides that, Metavault.Trade is a platform built with various interesting features for users, such as here users will be able to avoid the risk of liquidation thanks to high-quality price feeds that determine when liquidations occur. This will also allow for simpler swaps, as Metavault.Trade allows users to open positions from anywhere on their favorite pair through a user-friendly interface and moreover trading fees on Metavault.Trade is quite small, so users will get optimal prices on their trade.

The ecosystem of Metavault.Trade is also built with governance, liquidity, and DAO systems in which to participate users must own tokens according to their chosen sector. If the user wants to get a share of the platform’s revenue, then the user can buy the MVX token which is a utility token and governance token from Metavault.Trade. If users want to get part of the fees collected by Metavault.Trade, then they can get MVLP tokens and stake tokens, and later they will be able to get rewards from it. And lastly, if users want to participate in the DAO, they will be able to own the MVD which is the DAO token Metavault.Trade and later with this token the user can participate in various decisions.

Team

Metavault.Trade is built by professionals and experts in their fields who have years of experience in blockchain technology and understand the crypto market. This team collaborated together in developing a decentralized exchange that will be used by many people globally easily and securely. With this collaboration, it is hoped that users will be able to get the best service, where they will be able to trade securely, quickly, and with lower fees through their devices.

TOKEN Details

MVX is designed to be a utility and governance token that users will be able to use to earn a portion of Metavault.Trade revenue. The advantage of having this token is that users will be able to get 30% of the earnings the platform generates just by having this token, this is very good for users who want to earn passive income. Since it uses the MATIC protocol, users can manage all their MVX tokens via a blockchain wallet or any wallet that supports the MATIC protocol.

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.

Final Words

Centralized exchange platforms do offer easy and secure exchange services, but this requires KYC which is very complicated for some people as it relates to their identity and privacy. Metavault.Trade can be a solution by offering leveraged decentralized spot & perpetual exchange services where users can trade securely through their personal wallets without the need for KYC. Since it does not require KYC, it means that users will be able to trade safely without worrying about their identity and privacy. Moreover, it provides leverage up to 30x which will give traders more opportunities to get bigger profits on their trades.

Website links

Website: https://metavault.trade/

Twitter: https://twitter.com/MetavaultTRADE/

Telegram: https://t.me/MetavaultTrade/

Author’s Information

Bitcointalk Username: TrackTX1