TO THE METALSWAP!

MetalSwap

Published in

MetalSwap

2 min readAug 25, 2022

Hello everyone!
As you have read on our last Medium, we are approaching the moment we have been waiting for:

⚡ The Official V1 Release of the MetalSwap platform! ⚡

The end of Phase3 of the incentivized TestNet will officially occur with the August 31 snapshot.

The next event will be the end of the Audit conducting by Certik. As a positive result, we planned the first Official V1 release of the Hedging Swap service on Ethereum’s MainNet with WBTC and ETH as commodities! After that, we’re going to distribute the Phase3 Rewards to every Kovan Swapper which collected XMTt3, at a ratio that will be decided in September.

What’s coming next?

Goerli Demo⚡
A NON-incentivised TestNet will be opened to stress-test our algorithms in a Proof Of Stake environment, over time this will become the Official Demo of our app!
Bug Bounty Program⚡
Certik’s Audit is certainly of paramount importance, but security is never enough. For this reason, we are launching a competition for White Hackers to reward those who help us find bugs in Certik’s validated code.
Swap Competition⚡
We’re organizing a Swap Competition between our first-ever MainNet Swappers, rewarding the winners with juicy prizes!
First Metal Asset: GOLD⚡
The first metal will land on the platform, it will be an unspeakable thrill!
New Frontend Landing Page⚡
We are already working to improve the appearance of the project landing page and make it easier for all the users.
MegaSwap⚡
We’ll uncover this topic very soon!

A lot of news are coming, so better to stay tuned and follow MetalSwap on the main channels! ;)

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.