Metavault.Trade is a new type of decentralized exchange, designed to provide a wide range of trading possibilities and very deep liquidity across a wide variety of large-scale crypto assets.
Trader can be used in two ways:
Trading points for swaps and limit orders.
Trade perpetual futures with up to 30x leverage for short and long positions.
Metavault.Trade aims to be the right solution for traders who want to manage their money without sharing personal data. Its innovative design offers many advantages over other existing DEXs.
Very low transaction fees.
Even large orders do not affect the price.
Liquidation Protection: Sudden price changes (“fraud”) that can frequently occur on exchanges are resolved by designing a Chainlink feed-based pricing mechanism. All-in-one platform: instant leveraged trading.
Trading
Metavault.Trade is a modern decentralized exchange that does not require registration. To start trading with Metavault. All you need is a Web3 wallet to trade
Open a Position
To open a position, click on the "Trade" button in the header.
Go to the trading desk. Click Zone 1 to select the currency you want to trade in.
Overview
MVLP contains an index of assets used by the platform for swaps and leveraged trading. Users can create MVLPs by adding index assets to the Liquidity Pool (LP), but MVLP is recorded every time the user removes index assets from the LP.
MVLP holders will earn rewards in the form of MATIC and esMVX tokens.
The MVLP token is designed to provide the liquidity required for leveraged trading. Therefore, MVLP holders are liquidity providers and can profit when leveraged traders make losing trades. Conversely, if a trader using leverage makes a profitable trade, he will lose.
Minting and Redeeming
You can print and redeem your MVLP by navigating to the Purchases page from the header and clicking + LIQ.
This will bring up the following screen, which provides an overview of all MVLP features.
price.
Please keep your wallet.
April
total supply
In Box 1, you can choose to buy MVLP (“+ LIQ” button) or trade (“- LIQ”). Node 2 or Zone Node 3 can be used to select index assets for use or redemption.
After selecting an asset, enter the amount in Zone 4 and confirm the required fee.
Issue and redemption prices are calculated based on the total assets of the index. This includes PnL for open/provisioned MVLP slots.
Being able to offer/repurchase the least desirable assets according to the protocol reduces fees.
Please note that minted MVLP will start accumulating rewards immediately and there is a 15 minute hold period after minting before redeeming MVLP tokens.
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
MVC
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 (MVX Treasury). 100% of the fees from this trading pair are converted into USDC and deposited into the MVLP as Protocol-owned liquidity of the MVX Treasury every Friday.
Supply
The maximum supply of MVX is 10,000,000. Submissions exceeding this maximum supply will be governed by a 28-day timeline. This is a redundancy that is only considered when the demand for the protocol requires an increase in supply.
Changes in circulating supply are determined by the number of tokens distributed, issued, burned, and marketed through other DEXs.
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 the MetavaultDAO team (linearly vested over two years with a three-month cliff)
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)
Compound or Claim rewards
Users can claim their rewards at any time by visiting their Earnings page and clicking the Claim button in the Area 1 Total Earnings box.
Once the request is completed, the pending esMVX and MATIC rewards will be transferred to your wallet.
The platform also has a one-click method of aggregating all rewards, which is very convenient for users looking to maximize their earnings.
Click the Merge button to submit a bulk transaction that requires her one-time confirmation. You will see an overview of all transactions that have occurred before you confirm them in your wallet.
Request and deposit her uninvested MVX and/or MVC.
MP limit.
Earn WMATIC rewards and convert to MATIC.
Request WMATIC and merge them into his MVLP or MVX
Please note that compounded or manually staked esMVX can be unstacked for vesting at any time.
Quick links and info
The earn page also has an “MVX” and an “MVLP” box. Each of these boxes shows the following information:
Token price.
User assets.
Rewards info (APR…).
Total and staked supply.
Each box also shows direct links to all actions available to the users regarding the tokens.
MVX box:
Buy, stake, unstake MVX.
Stake, unstake, vest (available soon) MVC
Transfer account to another wallet (see dedicated section)
MVLP box:
Add, and withdraw liquidity.
Vesting
It is possible to convert esMVX to MVX through the vesting process, which involves reserving the average of MVX and MVLP that was used to earn the MVC.
While vested, a small amount of esMVX gets converted into MVX every second.
This MVX is claimable immediately.
If the account misses the MVX or MVLP required to vest, the user has to purchase these tokens again.
Tokens may get deposited into a user’s vault at any point during vesting.
Distribution Rate
Distribution rates change on a monthly basis.
June 2022: 50,000 esMVX for MVLP provider & 50,000 esMVX for MVX staker
July 2022: 60,000 esMVX for MVLP provider & 60,000 esMVX for MVX staker
August 2022: 50,000 esMVX for MVLP provider & 50,000 esVMX for MVX staker
September 2022: 50,000 esMVX for MVLP provider & 50,000 esVMX for MVX staker
Detailed Rewards Mechanics
MVX holders are strongly incentivized to stake their tokens on the platform because this gives them three different types of rewards. They get:
A share of the platform fees — is paid in MATIC.
A new token: esMVX, generates its own rewards.
Multiplier Points (MPs) are yet another way to boost your MATIC earnings even more.
MATIC rewards from platform fees
This is the fastest and easiest way to receive your rewards. The MVX creator receives her 30% commission in the form of her MATIC from across the platform.
For blockchains that are not Polygon networks, rewards are paid in the blockchain's native token. NEAR neighbor protocol.
Metavault.Trade generates revenue by charging a small fee when traders use the platform for:
Swaps - Fees depend on the level of swap assets in the pool.
Opening and closing trades - a fee of 0.1% of the position size.
Loans to trade leveraged or short assets - Fee 0.01% * (borrowed assets) / (total assets in the pool) will be deducted at the start of each hour.
Other situations in which platform fees are incurred include:
A trader with a leveraged position will be liquidated at her 10% commission on the position.
Liquidity providers issue or redeem MVLPs. This is called a "rebalancing fee" and depends on the state of the pool.
The table below summarizes the platform fees and how to convert back to her MVX and MVLP generators after converting to MATIC.
Useful links:
Must Join Both
Discord > https://discord.gg/metavault
Telegram > https://t.me/MetavaultTrade/
Twitter: https://twitter.com/MetavaultTRADE/
#PROOF OF REGISTRATION
Forum Username: TristenJeffrey
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3437171
Telegram Username: @Heichel
Campaign Participated: blog
Bsc wallet address: 0x42A46F5d3ca65CA97EF29B9B7ab2BbAD10F715Da