Introducing Metavault.Trade — The Next Generation DEX

  1. Spot trading, with swaps and limit orders.
  2. Perpetual futures trading with up to 30x leverage on short and long positions.
  • Very low transaction fees.
  • No price impact, even for large order sizes.
  • Protection against liquidation events: the sudden changes in price that can often occur in one exchange (“scam wicks”) are smoothed out by the pricing mechanism design.
  • All-in-one platform: spot and leverage trading.

A multi-asset pool — the solution for trading without price impact

Blockchain technology and oracle pricing

  • BTC, ETH, MATIC, LINK, UNI, AAVE
  • USDC, DAI, USDT
  • Polygon transactions are fast and cheap.
  • It’s easy to onboard users thanks to on-ramp / off-ramp from exchanges.
  • Chainlink provides a large number of price feeds on Polygon. These are crucial for the platform’s pricing mechanism, and the listing of new assets also depends on them.

MVLP — Liquidity Providing incentivisation

MVX — Governance and utility token

30% of platform fees

Escrowed MVX

  1. esMVX can be staked. It will then earn the same rewards as staked MVX: MATIC rewards from platform fees, more esMVX, and multiplier points. This is probably the most interesting option as it compounds rewards and generates higher APR and earnings.
  2. esMVX can also be unstaked and vested to be converted and distributed as MVX. Vesting esMVX then unlocks linearly over one year with MVX being distributed with each unlocking.
    However, the vested esMVX does not earn the staking rewards.
  3. Vesting your esMVX also requires you to lock the average MVX/MVLP with which you earned your esMVX in a vault. The MVX/MVLP in this vault cannot be sold, but does still accrue rewards. The locked MVX/MVLP in the vault can always be withdrawn, but this will prevent any further vesting of esMVX.

Multiplier Points

Tokenomics and community

  • Compared to GMX, Metavault.Trade allocates a larger proportion of the tokens to reward farming. That makes its incentivisation program far more substantial.
  • The MVX token was launched in a fair way, with no private or seed rounds.

Links

Social media

Docs/Code

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Metavault DAO

Metavault DAO

Metavault DAO is a blockchain-based, community governed investment platform and decentralized venture capital fund.