Recently, MetaTdex strategic upgrade was fully launched, accompanied by a number of industry-level innovations. It is contributing to a series of new ways to play the platform token concept. For example, platform token(TT) can be used as GAS fees, token trading with investment dividends, etc.. These innovations include:
- Introducing meta-trading: a GAS Token across multi chains opens a new chapter of DEX service;
- Trading as investment: creatively transforming trading into a long-term investment;
- Web 3.0 Fund: assisting users to participate in the value investment of high-quality projects;
- TT Bridge: interoperability of tokens across chains;
- TT Staking: a major adjustment to the TT economic model.
MetaTrade: the Unification of DEX Multi-Chain GAS Tokens
MetaTrade is the first transaction model made by MetaTdex that eliminates the original Gas tokens instead of TT token. In this model, TT acts as the Gas token for transactions on MetaTdex's various chains, thus eliminating the tediously storing the tokens of different public chains (e.g., BNB on BSC, Matic on polygon chain, ETH on Arbitrum chain).
The user interaction cost of DEX multi-chain is rising. Currently, there are more than 190 public chains (DefiLlama data). The disadvantages of single-chain DEX are becoming more and more obvious, and multi-chain deployment has become an inevitable choice for DEX. Users trading on different public chains need to hold different public chain ecosystem passes to pay GAS fees. For example, users need to hold BNB in BSC, MATIC for Polygon circulation, and HT for HECO circulation, which brings certain tediousness and more on-chain costs to users and affects user experience.
MetaTrade will open a new chapter of DEX service. Users only need a token as a GAS fee to take care of a variety of on-chain operations, and the underlying interactions between public chains will be fully executed by the MetaTdex smart contract system. The reduction of interaction time and on-chain costs may accelerate the migration of CEX users to the decentralized financial sector.
In fact, MetaTrade is not limited to trading scenarios, and many scenarios of on-chain contract interactions can almost be realized. Currently, the MetaTdexc meta-trading function has supported three core scenarios of Arbitrum on-chain transfers, spot trading, and TT Staking, and users holding TT can complete on-chain matchmaking. As the meta-trading function is adopted by more DEX platforms, the efficiency of the entire DeFi finance is also expected to increase significantly.
Trading as Investment: a New Model for Platform Token Earnings
Transactions as Investments is a groundbreaking feature that transforms transactions into investments, allowing users to enjoy ongoing returns. Simply put, when users make each TT (platform token) transaction in MetaTdex, a certain percentage of the funds will be automatically deducted at the time of the transaction and will be included in the Web 3.0 Innovation Fund, so that they can obtain investment income from various projects in the future.
The trading-as-investment financial model makes transaction behavior an investment property, creating a new way to profit for WEB 3.0. On the one hand, it breaks through the limitation that transaction mining in CEX and DeFi mining in DEX can only benefit at the moment; on the other hand, it aggregates small amounts of funds by pooling community resources and leverages users' earnings. TT trading users can obtain high-quality projects and cross-border real assets (RWA) investment opportunities.
MetaTdex's trading-as-investment dividend mechanism is based on investment returns and is sustainable. This mechanism avoids the risk of most financial models (e.g. Fcoin trading and mining) being profitable at the beginning and the bubble bursting at the end. On the contrary, since the Web 3.0 Innovation Fund pool will get bigger and bigger with the increase in active trading, the dividends will be more substantial in the long run. Each transaction by a user is equivalent to an investment, and the profits will eventually be distributed based on his/her investment share.
"Transaction as Investment" also extends an equity attribute from the exchange ecosystem to the entire financial circle. Holding TT is like being a VIP of Web 3.0, enjoying various investment opportunities, and the establishment of the Web 3.0 Innovation Fund will maximize the return on trading (i.e. return on investment) for users. In addition to the TT trading pair pay, a portion of MetaTdex's entire platform trading fees will also be included in the fund pool. TT Investment Guild GP can ensure that there is a sufficient source of high-quality projects for investment choices, and the user's return on investment will not be limited to the following types:
- Mining pools and nodes for mainstream cryptocurrencies. Such as BTC mine or ETH Staking nodes.
- Project Incubation. MetaTdex hundreds of SAAS ecosystem quality ecosystems, Dubai DIFC WEB 3.0 FTA resident companies.
- Value Investment. Global quality RWA assets (e.g. stocks, bonds, funds, etc.).
TT Value Reinvention: Transformation
After MetaTdex's strategic upgrade, the 4-year-old TT is moving towards a wider range of ecological application scenarios. The features include:
- TT Bridge: one-click TT transfer on multiple public chains. Such as BSC, Polygon, Arbitrum and HECO.
- TT Staking: low-threshold to stake; deposit TT to earn TT.
- TT Burn: Comprehensive display of TT burning data. Such as repurchase burns, transaction mining burns, turbo mining burns.
TT Token Economics model covers the TT positioning, the mining pool model upgrade, the establishment of investment guild and ecological applications, etc. After the opening of TT Cross-Chain Bridge, it is more convenient for users to transfer money across chains, avoiding the loss of assets due to operational errors. The TT Staking Reward is derived from the 5% tokens allocated in the new model of the TT Token Economy, and this diversified token output model will enrich the types of nodes in TT, which helps to increase the value of TT; TT's new burning mechanism is linked to token price and circulation, which enables output and circulation to maintain a dynamic balance and increases market resistance.
Holding TT is like a VIP of Web 3.0, and TT-DAO is gradually evolving into the happiest DAO community in the world. Within the Web 3.0 world, TT will have the function of on-chain transaction settlement, connecting on-chain services; every TT transaction becomes a value investment and enjoys predictable dividends. TT holders can also participate in high-quality investment projects through the Web 3.0 Innovation Fund, and even get the benefits of traditional financial investments (such as stocks) in other countries.
MetaTdex's creative approach opens a new way of public chain integration. It will not only promote the improvement of the DEX service level but also change the reference basis for decision-making during DApp development. Since the GAS assumes the basic functions of the main token in the public chain, the public chain ecology will no longer be the biggest constraint for DApp operation, forcing DApp operators to include the DEX ecosystem itself in decision-making to seek better user growth and brand influence. In terms of the choice of coins in circulation within DApp applications (e.g., games), platform tokens will have the same advantages as stablecoins (e.g., USDT, DAI) and public chain ecosystem tokens (e.g., ETH, Matic). This new model is expected to bring more diversity and sustainability to the DApp ecosystem and provide users with a wider range of choices and experiences.