MetalSwap Blog

Linea DeFi Voyage Begins

Written by MetalSwap | Dec 8, 2023 12:51:37 PM


The seventh wave of the DeFi Linea Voyage within which MetalSwap is featured, officially started today Friday, December 8. Specifically, this wave is dedicated to the trading protocols and MetalSwap is one of the dApps available to be used and collect XP Points. As explained in the announcement article, MetalSwap's participation in this initiative brings numerous benefits, such as the project gaining significant visibility and the opportunity for the community to earn XP points.


seventh wave of the DeFi Linea Voyage

How to explore this wave

The official Intract website serves as the central hub for navigating the DeFi Linea Voyage. Wave number 7 is currently underway as of today and we invite our community to explore this dedicated web page, which will host crucial information about the duration of the wave and the XP points that can be earned.

   

Intract website

Different tasks

Being a wave dedicated to trading protocols, the core task will obviously be to complete trading operations within different dApps. For example, to earn XP Points through the MetalSwap dApp, it will be necessary to open a position within our hedging swaps, obviously on the Linea blockchain. There will also be bonus tasks that may require secondary activities, such as depositing liquidity.

MetalSwap and Linea

Thanks to the positive vote on MIP-5, MetalSwap's Hedging Contracts have been released on the Linea blockchain. This wave is certainly an explosive start to MetalSwap's journey within this blockchain and it’s only the first step of a long journey together.

MetalSwap dApp

The Intract website serves as the central hub for all information regarding this wave, ensuring that users can easily navigate and participate in the activities. With MetalSwap's integration into the Linea blockchain, following the approval of MIP-5, this event not only enhances the project's visibility but also symbolizes the beginning of a promising journey in the blockchain space. This initiative exemplifies the dynamic and collaborative nature of the DeFi ecosystem, encouraging community engagement and fostering innovation within the blockchain technology landscape.

 

-The DeFi Foundation

 

✎ What is MetalSwap?

MetalSwap is a decentralized platform that brings Hedging Contracts on financial markets with the aim of providing coverage to those who work with digital asset and an investment opportunity for those who contribute to increase the shared liquidity of the project. Allowing the protection for an increasing number of operators.

With MetalSwap we enable Hedging Contracts on the DeFi field, AMM style.