The #Metahash team (of course, with the active support of the community!) is gradually realizing its roadmap, and we are excited to share with you the progress.
Today we’re going to talk about the financial systems’ revolution. With the advent of DeFi and DEX, outdated centralized protocols (which are under the influence of regulators, censorship, and not always fair and appropriate restrictions) are transforming into reliable and transparent networks, which can operate without third parties. In other words, decentralized exchanges facilitate trading but do not control the users’ funds.
#Metahash supports the security, independence, and scalability that decentralization provides. That’s why our project will be integrated with third-party DeFi and DEX tools. At the beginning of next year, the platform will reach the next level — we will get our own DEX!
What about the progress on these issues? We have the necessary partnerships, and our developers are writing the code. When we’ve done all the tests, this code will be available to the community.
This means that enthusiasts will run their developments based on our code and also get rewards not only for forging but also for participating in liquidity pools, collection of cryptofunds that make decentralized financial transactions possible. Targeted use of such a pool, security of funds, and smooth payments will be ensured by smart contracts — this is the way well-known decentralized exchanges like UniSwap and PancakeSwap already work.
Integration of local tokens with third-party projects and exchanges, advanced DeFi-infrastructure, and a new decentralized exchange will complement the #Metahash ecosystem. With its own tokens and bridges to other leading networks, the project will be especially attractive for blockchain activists and cryptoprojects.
What is important, we’re not planning to introduce transaction fees on our exchange (except for commissions due to the network load).
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