BRAND NEW XMT SMART POOL ON ETH!
— Originally written on MetalSwap’s Official Blog
Dear MetalSwap community, we are thrilled to announce an exciting new development for our ever-growing ecosystem. Brace yourselves for the launch of the XMT Smart Pool 180 + 60 on the Ethereum Mainchain! This venture is scheduled to kick off on the 7th of June at 00:00 Central European Time (CET).
The Smart Pool employs, as always, a locking period of 180 days and an unlocking period of 60 days to ensure the security and stability of the system. During these periods, tokens are secured and then gradually released, maintaining the platform’s robustness and the integrity of the pool. For a more detailed explanation, please click the following link to the dedicated Docusaurus page.
We’re pleased to announce that a total of 200,000 XMT tokens will be distributed as rewards to the stakers in this XMT Smart Pool. That’s a hefty sum, and it’s all going straight to you, our valued community members. But that’s not all — the buyback coming from the dApp Premiums will also be distributed into this Smart Pool. This means that the number of XMT rewards in the pool is set to grow over time, providing even more incentives for participation.
We are also delighted to mention that thanks to Optimism’s Grant, Optimistic rollup (OP) volumes will help incentivize the dApp usage, which in turn will contribute to the buyback and incentives in this staking pool. This elegant synergy is designed to boost both adoption and rewards, demonstrating yet another way MetalSwap is committed to maximizing the benefits to its users.
And there’s more! Something big is brewing on the Optimism Layer2 chain, another monumental stride in our pursuit of innovation and scalability. We will soon publish a blog post explaining how to bridge assets like ETH, USDC, WBTC, on Optimism, offering you another promising avenue for maximizing the utility and potential of your digital assets.
Staying up-to-date with the latest MetalSwap developments is key to making the most of your involvement in our community. We strongly recommend you follow our Telegram News channel to stay informed on these and other exciting announcements.
We deeply appreciate your support and participation in the MetalSwap community. Together, we’re not just exploring the future of cryptocurrency; we’re building it.
Let’s make a splash in the XMT Smart Pool together!
Join this revolution!
Goodbye Volatility
To the MetalSwap
… and beyond!
- The DeFi Foundation
✎ What is MetalSwap?
MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities 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 hedge swap transactions through the use of Smart Contracts, AMM style.
⚠️Warning⚠️
❗ METALSWAP ‘s admins or moderators will NEVER contact you directly on any social under any kind of circumstances.
❗ Everything concerning $XMT ‘s smart contracts and addresses is shared by our official channels (list below), do not trust any different info from any different source.
Goerli Demo Info box
https://demo.metalswap.finance/
USDT Demo:
0xD885375bF67fAB66e7d422a1Dad71f39527A818E
WBTC Demo:
0xf4027D47753cF54aB51315d1d0cBDF7183d7f8F0
XMT Demo:
0x5e789DB07183A902571bD7738D2D0E50297697C8
WPAXG Demo:
0xD1a700e84334992d698CBaD0Cc38e85934eF706C
PAXG Demo:
0x38deeE79b80e08f51B98f2228Ff8Cd7040d48458
Get Goerli tokens from MetalSwap’s faucet!
Links
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TWITTER 👉🏻 https://twitter.com/MetalSwapNet
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