Metavault.Trade Launch Schedule and MVX Distribution

Metavault.Trade is a decentralised exchange for swap and perpetual trading. It takes the idea of AMMs and improves on it by drastically reducing slippage with large orders and the risk of liquidation to traders. It achieves this by using an aggregate of high-quality price feeds by Chainlink and other quality sources to reduce the temporary wicks that can cause liquidation events.

MVX is the utility and governance token of Metavault.Trade which allows stakers to claim 30% of the fees collected from across the platform. The staking of MVX will accrue rewards in escrowed MVX (esMVX), Multiplier Points and MATIC. Escrowed MVX have the same rights and rewards as MVX.

MVX token distribution:

  • 1.2 million MVX for marketing, partnerships and community development

Metavault.Trade Token Info

  • Listing price: 1 USDC

Metavault.Trade Presale

15% of the total supply (1.5 million) MVX tokens will be distributed through a presale:

Public Presale:

  • Presale price: 0.9 USDC

GMX Community Presale:

  • Presale price: 0.8 USDC

Metavault DAO Community Presale:

  • Presale price: 0.8 USD

Hard cap:

1.06 million USD + Metavault DAO allocation to MVLP from MVD -> MVX presale

Presale Timeline

  • 15 April 2022, 13:00pm GMT: Whitelist opens / snapshot of sMVD and gMVD holders and staked GMX & esGMX holders is taken

Development Timeline

  • 23 April — 30 April 2022: MVX token distribution

More details about the whitelisting process will be released on 15. April 2022.

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

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Metavault DAO

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