In today's society, inflation can happen at any time. A lot of people are panicking and more and more people are looking to invest in some stablecoins. Therefore, to meet people's needs, more and more cryptocurrencies are born with smart features that bring many benefits to users. If you are one of the crypto market participants then you probably know that Metavault Trade is a recently launched project and it is one of the most reputable decentralized exchange available today.

Metavault.Trade — Decentralized Trading of Perpetual Futures

Before getting into the details of why I think Metavault.Trade is a great project, I’d like to describe the vertical it is part of: “Decentralized Perp trading”. You can skip this section if you already know all about it!

Decentralized Trading

I guess all my readers know what centralized trading is. It’s the act of buying/selling an asset on a Centralized Exchange (CEX) like Binance, KuCoin or Coinbase. These platforms have pros and cons: they can offer low transaction fees and allow for a lot of flexibility through APIs and bots. But they also require different levels of KYC to use — which is in principle a good thing, until they get hacked and your personal data is out there for every imaginable bad actor to use — and sometimes they freeze your assets for reasons only known to them. Worst case scenario they get hacked and you lose everything you have on their platform. “Not your key, not your crypto!” as the saying goes.

Decentralized Apps (dApps) solve some of these issues by transferring the trading to blockchains like Ethereum and offering decentralized trading solutions. Uniswap is probably the most famous Decentralized Exchange (DEX). No KYC needed, and you can use it from anywhere in the world. But the fees on Ethereum can be 10 to 100 times higher than what they would be for a similar trade on a CEX, especially for those with smaller position sizes. The price of decentralization is high! Metavault.Trade is a new generation DEX that brings many innovations and very low fees.

Futures contracts

When people start trading, they usually begin with “spot trading”, which consists of buying and selling an asset directly on the market. But there are also more sophisticated instruments called futures contracts, or “futures” for short:

A futures contract is an agreement to buy or sell a commodity, currency, or another instrument at a predetermined price at a specified time in the future.
Unlike a traditional spot market, in a futures market, the trades are not ‘settled’ instantly. Instead, two counterparties will trade a contract, that defines the settlement at a future date. Also, a futures market doesn’t allow users to directly purchase or sell the commodity or digital asset. Instead, they are trading a contract representation of those, and the actual trading of assets (or cash) will happen in the future — when the contract is exercised [Ref].

These contracts were invented so that one could hedge against variations of the market, but futures trading also offers more possibilities than spot trading:

Traders can “go short”: they can bet against an asset without even owning any of it.
Traders can use leverage: they can enter positions for a multiple of their balance. But by doing so, they run the risk of loosing their entire balance when the market goes the wrong way, even if only by a little. Using high leverage (10x, 20x… 100x!) with large positions is very dangerous and should absolutely be avoided if you’re not an expert trader!

Swap trading

The main DEXes in this category, like Uniswap on Ethereum and Pancakeswap on BSC, are built around an Automated Market Maker (AMMs). By design, this technology has some limitations regarding liquidity. In practice the price you see is NEVER the average price you get for your order, you’ll always pay more! This is because only a little fraction of the tokens are available at the price shown: if you need more, you have to pay a little extra. This is called “price impact” and depending on your order size, it can reach anywhere from a fraction of a percent to a few percent… this has a big influence on the final average price you pay.

Metavault.Trade improves on current AMMs in a huge way by reducing slippage to nearly nothing and offering very deep liquidity. Their technology will allow you to buy “any amount” of a listed token at the exact price shown when you pass the order.

Metavault.Trade also allows one to put limit orders, a feature absent from most AMM DEXes!

$MVX token

Metavault.Trade will issue a utility and governance token for the platform, ticker $MVX.

The MVX token is particularly well designed in terms of rewards for the stakers. The rewards are simply piled one on top of the other.

MATIC rewards from platform fees

MVX stakers will get 30% of the fees collected from across the platform in the form of MATIC (on Polygon network).

Escrowed MVX

MVX stakers will get Escrowed MVX, esMVX, that can be used in two ways:

esMVX can be staked, and so earn the holder the same rewards as staked MVX: MATIC rewards from platform fees, more esMVX and multiplier points.
esMVX can be unstaked and vested to be converted and distributed as MVX. In that case, they stop earning the staking rewards though. Vesting esMVX then unlocks linearly over one year with MVX being distributed to you with each unlocking.
Vesting your esMVX also requires you to lock the average MVX/MVLP that earned you that 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 stop any further vesting of esMVX.

Public sale and IDO Data

Public sale

The public sale IDO of MVX will happen on the 1st of May on Uniswap (v3).

IDO data

IDO Price: $1
Total Supply: 10,000,000 MVX
Initial Market Cap: $1,500,000
Blockchain Technology: Polygon

Social medias

Website: https://metavault.trade
Telegram: https://t.me/MetavaultTrade
Twitter: https://twitter.com/MetavaultDAO
Medium: https://metavault.medium.com
Discord: https://discord.com/invite/b2fPrbmPza

Docs/Code

Github: https://github.com/metavaultorg
Docs: https://docs.metavault.trade

author : Hidemail
BTT : https://bitcointalk.org/index.php?action=profile;u=2805354
Polygon : 0x2FC48a6E304B7B5f229c094167dd41F5b1660f42