#Metavault.Trade
Metavault.Trade is a new type of decentralized exchange, designed to provide a wide range of trading functions and very deep liquidity across a wide range of large cap crypto assets.
Sellers can use it in two ways:
Trade spot with 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 keep control of their funds without sharing their personal data. Its innovative design gives it many advantages over other existing DEXs:Very low transaction fees.
There is no price impact, even for large orders.
Liquidation Event Protection: Sudden price changes that can often occur on exchanges ("scams") are solved by designing a pricing mechanism based on a Chainlink price feed. All-in-one platform: instant trading and leverage.
Metavault.Trade is an advanced decentralized exchange that requires no registration. To start trading on Metavault. Trade all you need is a Web3 wallet
#Open a Position
To open a position, click on the "Trade" button in the header.
You will be redirected to the trading desk. Click Zone 1 to select the currency you want to exchange.
MVLP includes an asset index used on the platform for swaps and leveraged trading. The user can create an MVLP by adding any index asset to the liquidity pool (LP) while the MVLP is saved whenever the user removes the index asset from the LP.
MVLP holders 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 make profits when leveraged traders make losing trades. Conversely, they lose when leveraged traders make profitable trades.
#Minting and Redeeming
MVLPs can be minted and traded by going to the "Buy" page in the header and clicking the "+ LIQ.", "- LIQ" buttons in the MVLP box.
This will take you to the following screen, where you will see a summary of all MVLP features:
- Price.
- Keep the wallet.
- APR
- Total supply
In box 1, you can choose to launch ("+ LIQ" button) or modify ("- LIQ") the MVLP. You can choose any index asset to spend or redeem with node 2 or any node in area 3.
After selecting the asset, enter the amount to see the required fee in box 4.
The strike and purchase prices are calculated based on the total value of the index assets, including the profit and loss of open positions / provided by MVLP.
Being able to offer/repurchase the most desirable/least desirable assets on each protocol will allow you to reduce your costs.
Please note that generated MVLP starts accumulating rewards immediately and there is a 15 minute hold period after creation before you can redeem 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
#MATIC rewards from platform fees
This is the simplest and simplest form of bonus: MVX punters will receive 30% of fees collected across the entire platform as MATIC.
In the case of a non-polygonal blockchain, the reward is paid in the native token of the blockchain, for example NEAR in the case of a neighboring protocol.
Metavault.Trade generates revenue by charging traders a small fee when they use the platform for the following:
Swap fees - fees that vary depending on the number of assets traded in the pool.
Opening and closing trade - 0.1% fee for position size.
Borrow to trade with leverage or sell assets - fee 0.01% * (borrowed assets) / (total assets in total assets), deducted at the beginning of each hour.
Other situations that generate fees for the platform are when:
Traders with leveraged positions are liquidated - 10% position fee.
Liquidity providers mount or buy back MVLPs - this is called a "rebalancing fee", it depends on the state of the pool.
The table below summarizes device fees and how they accrue to MVX and MVLP generators when converted to MATIC.
Metavault.trade is probably one of the best solutions I've seen in the last year. Therefore, if you have the desire and ability, you can easily become part of the mighty project, 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 helpful 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 authentication;
Bitcointalk name: ApolloJudah
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=3424182
Telegram username: @Rowanhi
Campaigns : video
BSC : 0xb68350eBce72380Fd5b405774C2D469B662C9628