How to Integrate Socket Infrastructure on Metavault.Trade

in dex •  2 years ago  (edited)

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| #realyield $MVX $MVLP #dex

You, as a person who is engaged in trading and always stops at the market, must understand the scope and constraints that exist in the market. There have been many problems lately, such as the ineffectiveness of the security system regarding personal data. For this reason, a breakthrough or concrete solution is needed to carry out market activities. Therefore, on this occasion, we will introduce a large project in the form of a market, namely Metavault.Trade.

What is Metavault.Trade?

Metavault.Trade is a new type of decentralized exchange designed to provide a wide range of very deep, elegant, professional trading and liquidity features on many large-cap crypto assets.

Here at Metavault.Trade, traders can use the right methods. The methods are (1) spot trading, with swap and limit orders. (2) Perpetual futures trading with up to 30x leverage on short and long positions.

The Main Purpose


We all need to know, that Metavault.Trade aims to be 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 DEXs.

Advantages

Here are the advantages:

  • Very low transaction fees
  • No price impact, even for large order sizes.
    Protection against liquidation events: sudden price changes that often occur in one exchange (“scam wicks”) are smoothed out by the design of the pricing mechanism.
  • All-in-one platform: spot trading and leverage.

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How Metavault.Trade In Integrates Socket Infrastructure

For liquidity to flow smoothly and users to easily log in to Metavault.Trade on Polygon, smooth roads, and open doors are required.

For that, we will provide a brief guide for you to help and understand all the features of the bridge.

  • Begin your Bridging journey
    The bridge is directly accessible by clicking the "Buy" tab on the navigation bar and navigating to "Buy MVX on Polygon" option.

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  • Select from or to chain
    From chain is the chain you’re sending tokens from & to the chain is the chain you want to receive your tokens on. For example, to buy MVX blazingly fast on Polygon you will choose from the chain as optimism & destination chain as Polygon.

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  • Select sending token and receiving token
    Once you’ve selected the from and to chains, select the token you want to bridge. Use the drop-down menu to pick from the available tokens & choose the desired amount you want to bridge. Eg: You can go from $DAI on Optimism to $MATIC on Polygon in one bridging txn.

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  • Select a route for bridging
    Click on the settings icon in the top-right corner and choose the best route based on your desired preference. (1) High Return — Highest return on the destination chain. (2) Low Gas Fee — Lowest gas fee for bridging. (3) Fastest — Route with least bridging time.

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  • Bridging
    Once you have selected & input the token amounts, click on "Review Quote" to validate your bridge transaction before proceeding. Once ready click on "Bridge" to begin the bridging. You can see the status of the ongoing transaction by clicking the "Pending" window.

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Conclusion

The main innovation at the heart of Metavault.Trade is the multi-asset pool. This feature allows the platform to share liquidity across all the assets it supports.

As for the Metavault.Trade bridge operating under the hood supported by a Socket Liquidity Layer which brings a combined layer of various asset bridges and DEX aggregators under one roof.

And what you all need to know, Metavault.Trade is built by the team behind Metavault DAO which drives the entire blockchain ecosystem and technology project.

| #realyield $MVX $MVLP #dex

For those of you who want to find more complete information or references, you can directly visit the official link below!

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dex bridge crypto staking realyield
2 years ago by

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