⚡ TestNet Phase 3: LIVE!

Published in

MetalSwap

3 min readJul 6, 2022

Ladies and gentleman!
It is with great honour that we declare phase 3 of MetalSwap’s TestNet OPEN!
As you may have noticed, our KovanApp on test.metalswap.finance is back with a great brand-new make-up! We remember from our last deep-dive into MetalSwap’s Testnet that:

To participate in our Testnet, you will need to have the first, or all, of the following tokens accounted in your address:
- Kovan ETH (can be requested here) to pay any transaction fee on Kovan
- MetalSwap’s USDTtest & WBTCTest airdropped regularly during the month of July through our form compiling

We kept the same rules, and the first airdrop is already in the Kovan public addresses subscribed!
So please subscribe to our Google Form, that has been shilled previously in our Telegram Official group:
in these moments we’re AIRDROPPING to every elegible address

USDTTest -> 0x6dC0A769E20b4Ff186003f264C03E10d23d1A2f7
WBTCTest -> 0x4fE0C5E225a3bE22f8736225469dD8D86aDC0881

Please save also this other following token, ’cause you’ll be rewarderd with
XMTT3 -> 0x63cFf925F431AdEA8a5cb19559dE4924E737E3fE

So here are the two ways of interacting with our TestTokens obtained through today’s airdrop:

⚡ Liquidity Providing

This screen has been completely modernised, what a sight!
Participate in the liquidity pools with your tokens to allow other users to open new swaps oh the other side!

An NFT representing your locked liquidity will then be minted, with some beautiful features about its rarity!

You’ll be rewarded with $XMTT3 for that!

⚡ Swaps Opening!

Simply, our core feature!
Open a commodity swap and cover your profits over a certain price volatility!

⚡Oh, one more thing…

At the end of the Testnet, your collected XMTT3 will be exchanged for real $XMT on Polygon Mainnet with a ratio that will be decided at the end of the TestNet!

…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.