MetalSwap is poised to revolutionize the financial landscape with its decentralized approach to hedging contracts. Leveraging the power of its governance token, XMT, and ruled by a DAO, MetalSwap offers an innovative solution tailored for individuals and entities navigating the volatile world of digital assets. This platform is designed to provide a RiskOff coverage tool that shields users from market unpredictability, significantly lowering risks involved in financial trades. With a strong focus on democratizing financial protection and broadening accessibility, MetalSwap stands out as a disruptor in the financial tech industry. Dive deeper to explore how MetalSwap aims to reshape hedging strategies and what role XMT plays in this transformative journey.

What is MetalSwap?

MetalSwap is a decentralized platform governed by its Decentralized Autonomous Organization (DAO) through the voting power of its native token, XMT. The platform serves as a disruptive hub for facilitating hedging contracts in financial markets. It primarily targets individuals and entities dealing with digital assets, offering them a RiskOff coverage tool to mitigate market risks. XMT, MetalSwap’s governance token, exercises its voting power on the Ethereum Mainnet, ensuring a decentralized and community-driven approach to decision-making.

The Purpose and Utility of XMT

The MetalSwap crypto token (XMT) is the governance token for the MetalSwap platform. It allows users to participate in the decision-making process by making and voting on proposals within the MetalSwap Dapp. The token aims to provide coverage to those who work with commodities and offers an investment opportunity for those who contribute to increasing the shared liquidity of the project. The platform utilizes smart contracts to execute swaps without intermediaries, at reduced costs, and without time restrictions. This is particularly useful for large-scale exchanges of raw materials such as metals, which traditionally rely on centralized markets that require financial hedge and bank credit lines that are not always accessible to all.

Unique Features and Benefits of XMT

One unique feature of MetalSwap is its focus on hedging contracts, which aim to protect users from market volatility and maximize profit while reducing risk. This is achieved through the use of RiskOff Hedging Contracts, a decentralized application (dApp) in DeFi that allows users to secure their business by preventively locking a minor percentage of an asset's volatility in any price direction.

MetalSwap also offers a range of supported features, including liquidity pools, an exchange, governance, a bridge, legacy pools, smart pools, and iron pools. These features aim to incentivize use, reward active users, and retain a high number of dApp users.

Tokenomics and Distribution Model

The MetalSwap crypto token (XMT) has a total token supply of 2 billion tokens, with 18 decimals. The token distribution model is as follows:

• Founders, Team & Advisors: 10% of tokens (200 million) with a 2-year vesting period
• Ecosystem Development: 10% of tokens (200 million) with a 15-month vesting period
• Seed Tokens: 1% of tokens (20 million) with linear vesting over 1 year
• Private Tokens: 4% of tokens (80 million) with a 6-month vesting period
• Treasury: 25% of tokens (500 million)
• Public Sale: 15% of tokens (300 million), with 1% for IDO
• Rewards and Community: 23% of tokens (460 million)
• Marketing: 2% of tokens (40 million)
• Strategic Investors: 10% of tokens (200 million)

The tokenomics of MetalSwap are designed to encourage participants to positively contribute to the ecosystem and earn more tokens. The XMT tokens are used for governance, allowing participants to make new proposals and vote on existing ones. The distribution to early users is done through swap incentives, liquidity incentives, AMM, test-related incentives, and Bug Hunting campaigns, all falling under the "Rewards and Community" heading.

Market Data and Performance

As of the latest data, the MetalSwap (XMT) token has the following market statistics:

• Current Price: $0.0161
• Market Cap: $0.00
• 24h Price Change: 2.36%
• 7d Price Change: 7.45%
• 30d Price Change: -11.51%
• 24h High: $0.0163
• 24h Low: $0.0130
• All-Time High: $0.6765 (2021-11-30)
• All-Time Low: $0.0080 (2022-11-22)
• Circulating Supply: 0.00
• Total Supply: 2,000,000,000.00

The Team Behind MetalSwap

The team behind MetalSwap consists of experienced professionals in the blockchain and financial industries. Here are some of the core team members:

• Blockchain Engineers: The team includes experienced blockchain engineers who have worked on various decentralized platforms and smart contract development. They have a deep understanding of blockchain technology and its applications in the financial sector.
• Financial Experts: MetalSwap's team includes financial experts with experience in traditional finance and risk management. They have a strong background in financial markets, commodities trading, and hedging strategies, which has helped in designing the MetalSwap platform to cater to the needs of individuals and entities dealing with digital assets.
• Marketing and Community Management: The team also includes marketing and community management professionals who are responsible for promoting MetalSwap, engaging with the community, and building partnerships with other projects in the DeFi space.
• Security Experts: MetalSwap's team includes security experts who ensure the platform's smart contracts are thoroughly audited and secure. They have experience in identifying and mitigating potential security risks, ensuring the safety of users' funds and transactions on the platform.

Strategic Partnerships and Advisors

MetalSwap is backed by notable advisors and partners who bring a wealth of experience and expertise to the project. These strategic partnerships help MetalSwap in achieving its vision and delivering on its roadmap.

Conclusion

MetalSwap is set to transform the financial landscape with its decentralized approach to hedging contracts. By leveraging the power of its governance token, XMT, and being ruled by a DAO, MetalSwap offers a unique solution for individuals and entities dealing with digital assets. The platform's focus on providing a RiskOff coverage tool, coupled with its innovative features and robust tokenomics, makes it a standout player in the financial tech industry. As MetalSwap continues to grow and evolve, it promises to reshape hedging strategies and democratize financial protection for all.

For more information, visit the MetalSwap Docs Official Page.

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