MONTHLY RECAP: MAY!

Published in

MetalSwap

3 min readJun 1, 2022

May… the force be with you!
Hi swappers!
Here we are recapping what happened during the past 30days, in case anyone missed any news!

⚡UniV3 Polygon NFT STAKING is LIVE!

Tested on Mumbai last month, it’s time to go Live on MATIC ‘s MainNet! Check it out: app.metalswap.finance/#/nfts
Important: This mechanism works with the XMT/USDC 1% pair, no others! ;)
$XMT and $WMATIC are distributed everyday to partecipants!

⚡#ALPHACLUB NFTs PRE-ORDER HAS STARTED!

https://app.metalswap.finance/#/preorder-nfts

Freeze $XMT on Ethereum to be eligible for NFTs that will be officially released during Q4 on Polygon!
Already more than half of the bookable NFTs have been booked, they will be the first ever created by MetalSwap to:
- Boost rewards on our platform
- Represent real blocked $XMT
- Have artistic value to add to the above features
170 out of 300 are already accounted!
Everyone will have the possibility to give back the NFT to unlock the corresponding amount of $XMT locked

⚡RENEWED FRONTEND

We have improved our UI, especially with regard to the loading speed of Polygon’s UniV3 NFT staking page, which was having trouble in some cases.
Try it now: you will be pleasantly impressed!

⚡KOVAN’S PHASE2 JUST CONCLUDED HAS DISTRIBUTED REAL REWARDS TO ALL THE TESTERS!

Phase2 took interactions with more than 659 unique addresses, who received XMTt2, our phase2-test-token as a reward.
The total rewards collected from these users amount to roughly 11.85M XMTt2, tokens that during next 48 hours will be exchanged in a 1:200 ratio against real $XMT and distributed through Polygon to every participant’s address!

⚡$XMT’s POOL is SIXTH among Polygon Network’s TOP POOLS, with a TVL of $5.34M

What a milestone! We’ll speak about it very soon!

What kind of news will this new month surely bring?
If you’re wondering this, that means you’re not following MetalSwap’s Official News Channel, isn’t it?!
We’ll certainly keep you updated also here.. sometimes a little later than there! ;)

What a time to be in DeFi!

⚠️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.

To the MetalSwap!

… and beyond

✎ 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.