The Metavault Trade Project is a Crypto platform based on Polygon. Metavault Trade is a next generation DEX Exchange with zero slip swaps and up to 30x leverage.
Metavault is a community-owned blockchain-based investment platform and decentralized venture capital vehicle that allows anyone to invest in the latest and most profitable blockchain, DeFi and metaverse projects and strategies.
What is Metavault Trade?
Metavault Trade Crypto 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.
Traders can use it in two ways, the first is Spot Trading with Swaps and Limit Orders. The second Perpetual Futures trade with up to 30x leverage on short and long positions.
Metavault.Trade aims to become the solution for traders who want to keep track of their funds at all times without sharing their personal data. Its innovative design offers
Some advantages over other existing DEXs:
- Very low transaction fees.
- No price impact even for large orders.
Protection against liquidation events: Sudden changes in price that can often occur on an exchange (“scam wicks”) are smoothed out by the design of the pricing engine based on Chainlink’s price feeds.
How does the Metavault Exchange work?
Metavault.Trade is a cutting-edge decentralized exchange platform that requires no registration. To start trading on Metavault.Trade, all you need is a Web3 wallet,
Connect your wallet by clicking the “Connect Wallet” button.
How to open position?
To open a position, click on the “Trade” button in the header. You will be taken to the trading panel. You will need to have MATIC in your wallet to start trading. Click on Zone 1 to choose the currency you want to trade.
Metavault Trade benefits
Reduced Settlement Risks
An aggregate of high-quality price feeds determines when sales take place. This keeps the positions safe from temp locks.
low costs
Enter and exit positions with minimal spread and zero price impact. Get the ideal price without incurring additional costs.
simple exchange
Open positions via a simple exchange interface. Conveniently switch from any supported asset to the position of your choice.
Metavault Trade Tokens
The platform currently has three tokens, they are:
- MVX: The utility and governance token is called MVX. It acquires 30% of the earnings that are generated on the Metavault Trade Crypto platform.
- MVLP: The platform’s liquidity token, MVLP, receives 70% of the fees collected. The MVLP consists of an index of assets used on the platform for swaps and leverage trading. Users can mint the MVLP by adding any index asset to the liquidity pool (LP) while the MVLP is burned every time a user removes any index asset from the LP.
- MVD: is Metavault’s native token and the only one that can be purchased
Rewards in MATIC and esMVX
MVLP holders earn rewards in the form of MATIC and esMVX tokens. The MVLP token is designed to provide the necessary liquidity for leverage trading. As such, MVLP holders are the providers of liquidity and make a profit when leverage traders make loss-making trades. On the contrary, they lose when leverage traders make profitable trades.
Long-term holders receive rewards such as MVX in custody (esMVX) and Multiplier Points, both with minimum supply inflation.
Both MVX holders who choose to bet on the platform and MVLP holders (i.e. liquidity providers) receive rewards. These rewards can be in the form of tokens – MVX Escrowed (esMVX) and MATIC – and Multiplier Points (MP). The complete reward structure is available at the end of this chapter, but here is a brief summary:
- Staked MVX wins MATIC, esMVX and MPs.
- Staked esMVX wins MATIC, esMVX and MPs.
- MPs: gain MATIC when wagered
- MVLP held in the wallet gains MATIC and esMVX.
Users can claim rewards at any time by going to the “Win” page and clicking the “Claim” button in zone 1, the “Total Win” box. Claiming will transfer any pending esMVX and MATIC rewards to your wallet.
Final Thought
This is certainly one of the most interesting DEX models we’ve seen in the cryptocurrency market . It is worth testing the Metavault Trade platform and buying with other DEX on the market. One of the most interesting benefits is related to DEX transaction fees which are very low compared to others on the market.
