MVX is designed to be a utility and governance token that users will be able to use to earn a portion of Metavault.

in ido •  2 years ago 

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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.

About

Metavault Trade Is A Decentralised Spot And Perpetual Exchange With Low Swap Fees And Zero Price Impact Trades. Trading Is Backed By A Multi-Asset Pool Which Is In Turn Supported By Liquidity Providers.

Trading Is Backed By A Multi-Asset Pool Which Is In Turn Supported By Liquidity Providers. Liquidity Providers Receive Rewards From Swap Fees, Market Making, Rebalancing And Leverage Trading. MVX Uses Chainlink Oracles And TWAP Pricing From Large-Volume Decentralized Exchanges For Dynamic Pricing.

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 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.

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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.

Detailed Rewards Mechanics

MVX holders are strongly incentivised to stake their tokens on the platform because this gives them three different types of rewards. They get:

A share of the platform fees — paid in MATIC.

A new token: esMVX, which generates its own rewards.

Multiplier Points (MPs) that are yet another way to boost your MATIC earnings even more.

Let’s examine each one of these rewards and how they add up in detail.

MATIC rewards from platform fees

In case of blockchains other than Polygon network, the rewards are paid in the native token of the blockchain, e.g. NEAR in the case of Near Protocol.

Metavault.Trade generates revenues by charging traders small fees when they use the platform for the following:

Swaps — fees vary according to the levels of the swapped assets in the pool.

Opening and closing trades — fee of 0.1% of the position size.

Borrowing to leverage trade or short an asset — fee of 0.01% * (assets borrowed) / (total assets in pool), deducted at the start of every hour.

The other situations earning fees for the platform are when:

Traders with leveraged positions are being liquidated — fee of 10% of position.

The liquidity providers mint or redeem MVX — this is called the “rebalancing fee”, it depends on the state of the pool.

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All-in-one platform: Spot and Leverage trading.

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.

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)
Important Points Table Of Metavault Trade
Basic PointsCoin

Name Metavault Trade

Short Name MVX

Max 10,000,000

Learn More:

Website: https://metavault.trade/

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

Discord: https://discord.com/invite/metavault

Telegram: https://t.me/MetavaultTrade

Writer By:
Forum Username: Fenyliu
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2215277
BSC Wallet Address: 0x2BB0de3082c1E212aE95Fa2Bf21c332209FBF68b

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