I always keep this in mind when researching and prefer to bet on projects that have a good chance of capturing 1% of the $1 trillion market rather than 50% of the $100 million market.
And today, I think I've found a rare gem, which I'm happy to share with you: Metavault.Trade, a new type of decentralized exchange (DEX) that could represent a new type of low-market exchange or billions of dollars worth of cryptocurrencies have been traded. each month.
Metavault.Trade — Decentralized Trading of Perpetual Futures
Before going into detail why I think Metavault.Trade is a great project, I would like to describe the vertical it is part of: "Decentralized Trading Perp". You can skip this part if you already know all about it!
Decentralized Trading
I guess all my readers know what centralized trading is. It is the act of buying/selling assets on a centralized exchange (CEX) like Binance, KuCoin or Coinbase. These platforms have advantages and disadvantages: they can offer low transaction fees and allow great flexibility thanks to APIs and bots. But they also require different levels of KYC to use - a good thing in principle, until they're hacked and your personal data is available to every bad guy imaginable - and sometimes they freeze your assets for some reason. only they know. The worst case scenario is that they get hacked and you lose everything you have on their platform. "Not your keys, not your crypto!" as they say.
Decentralized applications (dApps) solve some of these problems by moving transactions to blockchains like Ethereum and providing decentralized transaction solutions. Uniswap is probably the most famous decentralized exchange (DEX). No KYC required and you can use it from anywhere in the world. But the fees on Ethereum can be 10 to 100 times higher than the fees for a similar transaction on CEX, especially for those with smaller position sizes. The price of decentralization is high! Metavault.Trade is a next generation DEX with many innovations and very low fees.
Futures contracts
When people start trading, they usually start with "spot trading", i.e. buying and selling assets directly in the market. But there are also more sophisticated tools called forwards, or “futures” for short:
A futures contract is an agreement to buy or sell another commodity, currency, or instrument at a predetermined price at a specified time in the future.
Unlike the traditional spot market, in the futures market, transactions are not "settled" immediately. Instead, the two partners will exchange a contract that provides for payment at a later date. In addition, the futures market does not allow users to directly buy or sell digital goods or assets. Instead, they negotiate the contractual representation of these and the actual exchange of assets (or cash) that will take place in the future - when the contract is made [Reference].
These contracts are created to withstand market fluctuations, but futures trading also offers more possibilities than spot trading:
Traders can "go ahead": they can bet on an asset without even owning it.
Traders can use leverage: they can enter positions for many of their balances. But in doing so, they risk losing their entire balance when the market moves in the wrong direction, even slightly. Using high leverage (10x, 20x… 100x!) with large positions is very dangerous and should definitely be avoided if you are not a seasoned trader!
Token Information
MVX token address: 0x2760E46d9BB43dafCbEcaad1F64b93207f9f0eD7
After staking MVX, you will receive staked MVX:
MVX staked token address: 0xaCEC858f6397Dd227dD4ed5bE91A5BB180b8c430
Summary
Metavault.trade is probably one of the best solutions I have seen in the past year. Therefore, if you have the desire and ability, you can easily become a part of the mighty project, the IoT master token and continue to this day.
But for more details about the project, I invite you to see the next section of the article where you will find all the official social links of the project. With your help, you will not only be able to add information about the aspects I talked about, but also understand all the subtleties and nuances. I hope this article was useful to you. If yes, write it in the comments.
Links
Social Media
Website: https://metavault.trade
Telegram: https://t.me/MetavaultTrade
Twitter: https://twitter.com/MetavaultTRADE
Medium: https://medium.com/@metavault
Discord: https://discord.gg/metavault
Docs/Code
Github: https://github.com/metavaultorg
Docs: https://docs.metavault.trade
#PROOF OF REGISTRATION
Forum Username: LucianoZavier
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3437882
Telegram Username: @Fostervzw
Participated Campaigns: video
BSC Wallet Address: 0x3506d6482D75ee4cE4347f8C2BCDA19dCd92e7f5