Metavault.Trade - DEX Designed With Very Low Transaction Fees And Solution For Trading

in #realyield • 2 years ago

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Decentralized Exchange (DEX) - Introduction

A Decentralized Exchange (DEX) is a peer-to-peer marketplace where cryptocurrency traders exchange tokens using smart contracts. DEXs are also known as decentralized exchanges because they do not require a third party to oversee and authorize transactions. In this way, DEXs bridge the gap between centralized exchanges, which use custodian wallets and escrow accounts to manage transactions and user funds, and P2P trading platforms that rely on trust between buyers and sellers.

DEXs were created to offer traders the benefits of both centralized and decentralized exchanges. Centralized exchanges can process orders quickly and provide liquidity. However, they are vulnerable to hacking attacks, manipulation, and government intervention. Decentralized exchanges avoid these drawbacks by managing user funds through software that executes trades through peer-to-peer marketplaces. These markets allow users to avoid counterparty risk by maintaining control of their private keys and choosing not to hold funds in custodial accounts or escrow accounts.

The advantages of DEXs are numerous: they offer real-time trading, tight spreads, much higher liquidity due to their 24/7 nature, and they’re decentralized—there’s no risk of them getting hacked like centralized exchanges. However, their main drawback is that they suffer from a lack of depth. A large volume trader can often get an unfair price on DEXs due to the fact that there aren’t enough buyers or sellers for them to trade with at any given time.

Additionally, many DEXs don’t offer advanced order types such as limit orders or stop losses, which can be a major setback for more experienced traders who might just want to set up a strategy and leave it on autopilot for a while. Metavault.Trade addresses these problems head-on by providing a large range of liquidity for many popular cryptocurrencies through its unique Hybrid Exchange design, as well as offering advanced order types like stop losses and limit orders, integrated wallet functionality and instant swap deposits.

What is Metavault.Trade?

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Metavault.Trade is the world's first trading platform built on blockchain. Combining high-speed off-chain order relays with on-chain settlement, Metavault.Trade is designed to be fast, secure and scalable. Metavault.Trade DEX that combines the best of traditional centralized exchanges with the benefits of blockchain technology. The Metavault.Trade team of experienced traders and software developers who are using their own experience to create a protocol that will protect users from risks such as scam wicks.

A scam wick is a sudden change in price that can occur in one exchange. It's not uncommon, it's often seen when an "exit scam" happens, where the exchange suddenly shuts down without warning, leaving its users with little or no recourse to recover their funds.

The Metavault.Trade design relies on Chainlink price-feeds to eliminate scam wicks from affecting trading on the platform, and will maintain very low transaction fees to attract traders who want control over their funds at all times, but don't want to share their personal data.

Additionally, Metavault will offer an unparalleled range of features aimed at streamlining the experience of cryptocurrency trading; these include:

  • A suite of portfolio management tools allowing traders to easily manage their positions across multiple assets and accounts

  • The ability to utilise a range of order types including Limit Orders, Stop Losses & Take Profits

  • An intuitive interface designed for users familiar with traditional asset exchange platforms

  • 24/7 customer support

MVX

  • Price: $1.83

  • The utility and governance token is called MVX. It aquires 30% of the earnings the platform generates.

  • APR: 51.59%

MVLP

  • Price: $0.8227

  • The platform's liquidity token, MVLP, receives 70% of the fees collected.

  • APR: 68.71%

MVD

  • Price: $2.59

  • DAO-Ecosystem Token

  • APR: 14.63%

How Rewards Mechanism In Metavault.Trade

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The Metavault Rewards Mechanism is the heart of the exchange, rewarding long-term holders and liquidity providers. This reward mechanism is designed with a focus on both participants' behaviors and security. It will ensure that MVX holders who choose to stake their coins on the platform will be rewarded fairly and will be encouraged to keep their coins staked while allowing MVLP holders to receive rewards in a similar fashion. Also, it will make sure that there is minimal supply inflation as a result of these rewards.

Below here is these rewards including:

  • Staked MVX earns MATIC, esMVX and MPs.

  • Staked esMVX earns MATIC, esMVX and MPs.

  • MPs: earns MATIC when staked

  • MVLP held in wallet earns MATIC and esMVX.

Metavault.Trade ($MVX) Tokenomics

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

MVX Token Information


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  • MVX token address: ​0x2760E46d9BB43dafCbEcaad1F64b93207f9f0eD7

  • MVX staked token address: 0xaCEC858f6397Dd227dD4ed5bE91A5BB180b8c430​

Staked MVX generates three reward types:

  • MATIC
  • esMVX
  • Multiplier Points
  • 30% of swap and leverage trading fees are converted to $MATIC and distributed to the accounts staking MVX.

Treasury Assets

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

Supply

10,000,000. A 28-day timelock prevents minting over this maximum supply unless the protocol requires it. Tokens supplied via other DEXs, vested, burned, and spent on marketing determine circulating supply.

MVX allocations are:

  • 1.2 million = Marketing, partnerships and community development
  • 6 million = Reserved for rewards (as esMVX which can be converted over time to MVX)
  • 1 million = Liquidity on Uniswap (reserve held in the ) ​
  • 1.5 million = Allocated to presale

Conclusion

Overall, I believe that Metavault.Trade will be quite a disruptive solution for traders; small trades can make a huge difference in the total fees paid, and as the trading volume grows so will your profits. Metavault.Trade also an exciting project with even more exciting potential. It is one of the first ever truly decentralized exchanges, and it has a host of features that make it unique in its own right. If you're interested in decentralization or cryptocurrency trading in general, they may be worth keeping an eye on!

Throughout this article, I covered the basics and some of the more advanced features of Metavault.Trade, a decentralized exchange offering all the benefits and safety of an your transaction in a public and transparent manner.

Those who wish to try out Metavault.Trade can check out with link below:

Website: https://metavault.trade/
Twitter: https://twitter.com/MetavaultTRADE/
Telegram: https://t.me/MetavaultTrade/
Discord: https://discord.com/invite/metavault

Author:

Username: Verisha
Profile Link: https://bitcointalk.org/index.php?action=profile;u=3482709
BEP-20 Wallet Address: 0x2a27Ca873719dad01Ed9ECBb9D543dfbC6985bdf

#mvx #mvlp
2 years ago in #realyield by
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