It seems incredible, but two years have already passed since, on November 19, 2021, the XMT token was deployed on the ETH Mainnet and the journey for the development of MetalSwap began. Much has changed and a lot has developed over these two years and we can't wait to celebrate this important date together.
Resume of XMT1Y
This year we don't want to be any less, so it's time to give you a preview of the upcoming festive days for our community.
Two big news are coming
First of all, we want to invite the entire community to participate in a new live session, which will take place on Monday, November 20, at 7:00 PM UTC+1 on MetalSwap's official YouTube and Twitter channels. The main topic will be to summarize everything that has been done in this incredible past year of work, also discussing the future of MetalSwap.
Don't miss it because some juicy news might be revealed by MetalSwap's contributors.
However, be aware that another big news will also come before the live session. At the moment, we can't add anything more, but we recommend that you carefully watch the landing page in the next few days.
MetalSwap latest Updates
We approach this special event with many updates that have been achieved in recent weeks and will see practical implementations shortly. The MIP-5 proposing the release of hedging contracts on the Linea blockchain, a leading layer 2 in zero knowledge technology, has successfully passed and now the team is focusing its efforts on the official release.
In recent weeks, two TempCheck on SnapShot regarding liquidity management on this new blockchain have also been completed.
MetalSwap is here to revolutionize the DeFi and offer, for the first time ever, the Hedging Contracts in a trustless, permissionless and decentralized way. Over the past two years the project has continued to grow and we want to keep it going for a long time to come.
-The DeFi Foundation
✎ What is MetalSwap?
MetalSwap is a decentralized platform that allows Hedging Contract 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 Hedging Contract we enable hedge swap transactions through the use of Smart Contracts, AMM style.
It's great to Hedge the Risk of Price volatility with MetalSwap dApp !