Metavault Trade

Metavault.Trade — Decentralized Exchange Platform With Leverage Up To 30x

About

Metavault Trade Is A Decentralized And Perpetual Exchange With Low Swap Fees And Zero Price Impact Trading. Trading is Backed By Multi-Asset Pools Which In Turn Backed By Liquidity Providers.

Trading is Backed By Multi-Asset Pools Which In Turn Backed By Liquidity Providers. Liquidity Providers Receive Rewards From Swap Fees, Market Making, Rebalancing And Leverage Trading. MVX Uses Oracle Chainlink And TWAP Pricing From A Large Volume Decentralized Exchange 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 that allow users to trade with up to 30x leverage and directly from their personal wallet. Metavault.Trade is an innovative decentralized exchange platform as it provides spot & perpetual exchange services where users can trade safely and easily without going through an account, but simply by connecting their wallet and they will be able to trade. So it is a decentralized crypto exchange platform with leverage and convenience for users.

Problem

Most of today's crypto users trade through centralized exchange platforms. Through this exchange platform, users will be able to trade crypto easily and safely. But the problem is that usually centralized exchange platforms use KYC for their trading which is problematic for some as it is related to their identity and privacy. Whereas users should be facilitated with a crypto trading platform that will make it easier for them to trade and not ask for their identity so that users will be able to trade freely without worrying about their privacy.

The solution

And in response to this issue, Metavault.Trade was launched as a decentralized exchange platform that would not question the identity of its users. This service is provided by Metavault.Trade is a decentralized & 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 does not require the creation of an account for the user. Users will be able to trade their favorite pairs freely without worrying about their privacy.

What is Metavault.Trade?

Metavault.Trade is a new type of Decentralized Exchange designed to provide a wide range of trading features and very deep liquidity on many large cap crypto assets. With Metavault Trade you can trade top cryptocurrencies with up to 30x leverage right from your personal wallet. Metavault.Trade is a state-of-the-art Decentralized Exchange platform that does not require registration. To start trading in Metavault. Trade all you need is a Web3 wallet.

Both MVX holders who choose to stake on the platform and MVLP holders (i.e. liquidity providers) receive rewards. These rewards can be in the form of tokens — Escrowed MVX (esMVX) and MATIC — and Multiplier Points (MP). The full award structure is available at the end of this chapter, but here is a brief summary:

Staked MVX generates MATIC, esMVX, and MP.

EsMVX wagered generates MATIC, esMVX, and MP.

MPs: get MATIC on stake

The MVLP stored in the wallet generates MATIC and esMVX.

Compound Rewards or Claim

The user can claim the prize at any time by going to the “Earn” page and clicking the “Claim” button in zone 1, the “Total Earnings” box.

Claiming will transfer any pending esMVX and MATIC rewards to your wallet.

The platform also has a one click way to combine all the prizes. This will be very helpful for users who want to maximize their earnings.

Clicking the “Compound” button will send a batch transaction with only one confirmation required. You will see a recap of all the transactions that will occur before confirming the transaction in your wallet:

Claiming and then staking uninvested MVX and/or esMVX.

Betting MPs.

Claim WMATIC rewards and convert them to MATIC.

Claiming WMATIC and merging them into MVLP or MVX

Team

Metavault.Trade is built by professionals and experts in their field who have years of experience in blockchain technology and understand the crypto market. The team is collaborating together on developing a decentralized exchange that will be used by many people globally easily and securely. With this collaboration, it is hoped that users can get the best service, where they can transact safely, quickly, and at lower costs through their devices.

Tokenomics and community

Metavault.Trade is built by the team behind Metavault DAO who drives the entire blockchain ecosystem and technology project.

This code is a friendly fork of GMX, which has been audited by ABDK Consulting [ Find the audit here under the name “Gambit”, the original name of the GMX project].

Since security is of the utmost importance, an independent audit will be completed soon.

After careful consideration of the GMX tokenomics, the DAO Metavault team opted for a complete redesign for Metavault.Trade. As a result, most of the tokens have been allocated to those who invest in the platform (for example, staking) compared to GMX. Tokens are also launched in a fair manner, with no private spins or seeds.

Metavault DAO intends to be a liquidity provider on Metavault.Trade, which will make it strong and self-sufficient.

Mess

Tokenomics

MVX is Metavault.Trade's governance token and utility.

Token Information

MVX token address: 0x2760E46d9BB43dafCbEcaad1F64b93207f9f0eD7

After staking MVX, you will receive the MVX staked:

MVX staked token address: 0xaCEC858f6397Dd227dD4ed5bE91A5BB180b8c430

Stake

Staked MVX generates three types of rewards:

MATIC
esMVX
Multiplier Points

30% of the swap and leverage trading fees are converted to $MATIC and distributed to the MVX staking account.

Treasury Assets

The MVX-USDC LP liquidity is provided and owned by Protocol ( MVX Treasury ). 100% of the fees from this trading pair are converted into USDC and deposited into MVLP as liquidity belonging to the Protocol from Treasury MVX every Friday.

supply

The maximum supply of MVX is 10,000,000. Printing beyond this maximum supply is controlled by a 28-day time lock, a possibility that will only be considered if protocol demands require an increase in supply.

The change in circulating supply is determined by the number of tokens distributed through other DEXs, vested, burned, and spent on marketing.

The MVX allocation is:

1.2 million for marketing, partnerships and community development
6 million reserved for prizes ( as esMVX which can be converted from time to time to MVX)
1 million for liquidity on Uniswap (reserves held in MVX-Multisig )
300,000 for the MetavaultDAO team (linearly given over two years with a gap of three months )
1.5 million allocated for presale
Pre-sale

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 with 10% off (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 collected in pre-sale: 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 MVX Treasury)