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MetalSwap x Satoshi Club AMA Recap from the 18th of July

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from MetalSwap . The AMA took place on the 18th of July.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club

Hello Satoshi Club! We are happy to announce our AMA session with MetalSwap! Welcome to Satoshi Club

Jonah 🏅🎹 | Satoshi Club

Our guest today is @MetalSwapTeam

Hello welcome to Satoshi club

MetalSwap Team

Hi everyone

It’s a pleasure to be here with you guys!

Mary | Satoshi Club

Hello and welcome to Satoshi Club

How are you today?

Jonah 🏅🎹 | Satoshi Club

We are Excited to have you here

MetalSwap Team

really good thanks!

how are you?

I’m happy to be here to welcome you to the incredible world of MetalSwap!

Thanks to everyone for joining us!

Mary | Satoshi Club

I see we are ready to start our AMA

And let’s start it with introduction

MetalSwap Team

yesssss!!!! ready to goooo!!!!!

Mary | Satoshi Club

Could you please introduce yourself and tell our community how did you get involved into crypto

MetalSwap Team

of course!!

I am Marco Braglia, project manager of MetalSwap.

Thanks for joining us! I’m so happy to be here to welcome you to the incredible world of MetalSwap!

Let’s talk about the founders of this revolutionary Defi project

The founders of MetalSwap met in Tenerife (Spain), where they currently live, and started to collaborate with each other sharing different experiences and a common passion for the crypto world.

Each of them has a diverse background and experience that not only inspired the creation of Metalswap, but has also been a vital part of the project’s success so far

-Tiziano Tridico is one of Italy’s leading crypto-youtuber: check him out here https://www.youtube.com/c/TizianoTridico , he has been discovering and mastering the world of cryptocurrencies since 2015.

Paolo Luini is an expert in the investment field and has put together one of the largest private investor communities in Italy.

– Umberto Prestini, who has extensive experience in the specific field of metals. expert on international law and businesses, had already some customers asking him to find a solution to financial hedging centralisation on metal commodities.

MetalSwap Team

The development team, along with the staff, is continuously growing, with the goal of continuing development while maintaining the congruency of the roadmap as has been the case so far

Mary | Satoshi Club

Wow, i see you have really experienced team!

Jonah 🏅🎹 | Satoshi Club

You have a very impressive team, stacked with lots of experience

Mary | Satoshi Club

So, what is MetalSwap and what goals it has?

MetalSwap Team

We are really proud and we’re working no-stop for it! will be a fantastic tool for everyone!

✅ 19/11/2021 IDO ETH ON UNISWAP V3

✅ 27/11/2021 STAKING POOL 30/90/180/360

✅ 11/12/2021 DAO ON

✅ 21/12/2021 STAGGERED IRON POOLS

✅ 29–31/12/2021 1ST DAO PROPOSAL (SUCCESSFUL)

✅ 07/01/2022 BRIDGE BSC AND PANCAKESWAP IDO

✅ 18/01/2022 PILING POOLS ON BSC

✅ 31/01/2022 TESTNET CRYPTO ASSET SWAP

✅ Q2 2022 XMT LANDED ON POLYGON

✅ Q2 2022 STAKING V3 NFT BUYBACK & POOL

The next steps in our road map are:

🎯 Q3 2022 AUDIT AND CERTIFICATIONS (NOW LIVE WITH CERTIK!).

🎯 Q3 2022 SWAP CRYPTO ASSET MAINNET ETH.

🎯 Q3 2022 CEX LISTING.

🎯 Q3 2022 COMMODITY METAL SWAP.

🎯 Q4 2022 ALPHACLUB NFTs.

MetalSwap Team

We are really proud that we have met every single goal by sticking to the timelines stated on our Roadmap.

Let me now give a brief introduction for those who are not familiar with the MetalSwap project.

Mary | Satoshi Club

Sure

MetalSwap Team

are you ready???

MetalSwap is a decentralized platform for Hedging swaps in the financial markets.

‼️Hedging is the practice of taking a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment ‼️

👉💥The focus is providing a decentralized hedge tool for those who work with crypto assets, commodities and an investment opportunity for those who contribute to the shared liquidity of the project.

Mary | Satoshi Club

Wow! It’s cool!

MetalSwap Team

‼️Think of an “insurance” tool for Crypto and Commodity swaps ‼️

This is revolutionary

This tool is already present in the traditional financial system, by leveraging the strengths that Defi finds over common centralized systems.

Our competitors are on the CeFi world and they are mainly three:

⭕️ LME | London Metal Exchange

⭕️ CME | Chicago Mercantile Exchange

⭕️ SHFE | Shangai Futures Exchange

Jonah 🏅🎹 | Satoshi Club

And Exciting as well

MetalSwap Team

The benefits of choosing MetalSwap over a traditional CeFi solution are:

1. Costs minimized

2. Trustless

3. Decentralization of the system

4. No need for bank coverage

5. Market open 24/7

MetalSwap Team

what you guys think? Give me a thumbs up if your excited for this project!

With the economic incentive concept, given by the distribution of the governance token ($XMT), the system will have publicly accessible shared liquidity.

Through a series of “smart contracts,” initially written on Ethereum, the contracts will make it possible to execute swaps without the need for the intermediary, at low cost and without time restrictions.

Mary | Satoshi Club

I am excited to hear this!

MetalSwap Team

As I mentioned just above, $XMT is the governance token of MetalSwap.

The purpose of the $XMT tokens is to participate in DAO deliberations.

We chose XMT because the X recalls the financial tickers on metals (e.g. XAU, XCU,…) traded on the CeFi markets, and MT actually stands for METAL

Mary | Satoshi Club

You will have DAO as well?

MetalSwap Team

All the information can be found in our detailed tokenomics white paper

Here is the link:

https://www.metalswap.finance/assets/documents/whitepaper_metalswap_eng.pdf

MetalSwap Team

Also, Several use cases are featured on Medium and many more are on the way.

Here is an example for you to check out:

https://medium.com/metalswap/usecase-02-btc-miner-15367c6fca2d

Mary | Satoshi Club

Satoshiclubbers, nice long read! Let’s educate ourselves!

Mary | Satoshi Club

@MetalSwapTeam thank you for your great intro! Are you ready for the first part of our AMA with the questions from our community

MetalSwap Team

‼️The whole mechanism behind commodity swap in DeFi key is well explained here, how to use our APP to lock in price volatility‼️

MetalSwap Team

[ File : METALSWAP PitchDeck V1.1 (2).pdf ]

yes, To conclude, I have a gift for you!

You will find in this PDF all the basic information about MetalSwap, so you can understand even better this fantastic reality

Jonah 🏅🎹 | Satoshi Club

Q1 from Telegram user @Rozielyna

Your recently introduced the first Metalswap NFT collection: ALPHA CLUB, and I couldn’t find much details about your NFT collections, Can you tell us more about your NFT? What are the unique features, functions and utilities of this NFT collections? What is the total supply and how can we get this NFT collections? You did mention that, NFT holders can stake their NFTs for buy backs of $XMT tokens, can you tell us how more about this staking feature and how it works? Thank you

MetalSwap Team

Our ALPHACLUB NFT is going to be deployed on MATIC’s chain to represent a Liquidity freezed over ETH!

You can Pre Order now MetalSwap’s NFT By

clicking the link

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

MetalSwap Team

To get a full-dive in it

check our Medium: https://medium.com/metalswap/metalswaps-alpha-club-nfts-fd0dff1f9bd0

And in this case the NFTs are backed by a certain amount of $XMT

So the least value that these NFTs have is always covered by a precise amount of $XMT

This new kind of NFTs have never been seen before in DeFi!

Jonah 🏅🎹 | Satoshi Club

Users can only use metamask?

Mary | Satoshi Club

So, we can pre order your NFTs only using $XMT?

MetalSwap Team

yes, Metamask is the one that we’ll recommended but you can use any ERC20 and ERC721- wallets

of curse

Mary | Satoshi Club

Do i understand right — to pre order NFT i need to have $XMT in my metamask wallet? If it’s right, where we can get $XMT now? How much it costs?

MetalSwap Team

The nft will be accessible from Q4, the XMT will be refundable if we want to get back in possession of our xmts

MetalSwap Team

👉UniSwap — ETH

https://app.uniswap.org/#/swap?inputCurrency=0x3e5d9d8a63cc8a88748f229999cf59487e90721e&chain=mainnet

👉PancakeSwap — BNBChain https://pancakeswap.finance/swap?inputCurrency=0x582c12b30f85162fa393e5dbe2573f9f601f9d91

👉 UniSwap — Polygon https://app.uniswap.org/#/swap?inputCurrency=0xadBe0eac80F955363f4Ff47B0f70189093908c04&chain=polygon

👉ACSI Finance — BNB Chain https://app.acsi.finance/#/trade/0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE/0x582C12b30F85162Fa393e5DBe2573f9F601f9D91

Jonah 🏅🎹 | Satoshi Club

Quite a Number of options already

MetalSwap Team

The price at now is 0.13 USDT

Mary | Satoshi Club

So, the price of 1 NFT is around 6500$ how many NFTs were already pre ordered?

MetalSwap Team

To finish the topic ALPHACLUB NFT tokens will:

👉 Represent locked up liquidity

And your NFT are returnable to receive your liquidity back

👉 Gives the opportunity to obtain bonuses/boosts

With it you’ll get a chance to boost your rewards over on MetalSwap’s platform

👉 Have a growing artistic value

And it will be exchangeable over different marketplaces

Fantastic isn’t it?

Mary | Satoshi Club

true!

MetalSwap Team

give me a sec and i’ll tell you

Mary | Satoshi Club

Sure, take your time

MetalSwap Team

178 pre-order and 122 are still available

Here the link where you can see it

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

Mary | Satoshi Club

Wow! Nice numbers! Satoshiclubbers, you still have good chances

Thank you for your answers! Ready to proceed?

MetalSwap Team

Yesss

Jonah 🏅🎹 | Satoshi Club

Q2 from Telegram user @MudaraSilva

Describing about the reasons to choose Ethereum, you have stated that the Ethereum Virtual Machine (EVM) allows the developed code to be easily implemented to other protocols and blockchain. Moreover, you have highlighted Ethereum blockchain as the most proven reliable option in terms of security. Did you only consider the convenience and the reliability when choosing Ethereum as the blockchain? What about the high cost on Ethereum? Do you have any plans to lower the costs or should users bear those expenses? Are you planning to expand MetalSwap to other chains in the future? If yes, will you think about a cheaper option such as BSC?

MetalSwap Team

Excellent question!!

MetalSwap Team

Ethereum is the most secure blockchain currently available, so it was the obvious choice for MetalSwap‼️

Precisely because of its robustness, security and longevity in the industry

However, we understand very well how expensive ETH fees are, and this is precisely why we launched $XMT on the BSC network afterwards to allow small-cap investors to participate in our project.

MetalSwap Team

👉 Recently, $XMT has also landed on Polygon network, where in addition to finding very low transaction fees it also sees the birth of the incredible innovation of NFT Staking on Uniswap V3.

Take a look! https://app.metalswap.finance/#/nfts

Mary | Satoshi Club

Awesome

MetalSwap Team

Here you can find all the links to buy it

MetalSwap Team

👉UniSwap — ETH

https://app.uniswap.org/#/swap?inputCurrency=0x3e5d9d8a63cc8a88748f229999cf59487e90721e&chain=mainnet

👉PancakeSwap — BNBChain https://pancakeswap.finance/swap?inputCurrency=0x582c12b30f85162fa393e5dbe2573f9f601f9d91

👉 UniSwap — Polygon https://app.uniswap.org/#/swap?inputCurrency=0xadBe0eac80F955363f4Ff47B0f70189093908c04&chain=polygon

👉ACSI Finance — BNB Chain https://app.acsi.finance/#/trade/0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE/0x582C12b30F85162Fa393e5DBe2573f9F601f9D91

Mary | Satoshi Club

I want to ask you how secure is MetalSwap? Do you have your smart contracts audited?

Jonah 🏅🎹 | Satoshi Club

Considering the advantages of different networks and building appropriately to fit project demands

MetalSwap Team

Yes!!

This is precisely why, in addition to having verified our Smart Contracts in several Open Test phases, we have entered into an important partnership with one of the best Code Audit companies in the world: CERTIK!

Code audits have already begun to ensure maximum efficiency.

You can follow the Audit process directly from here:

https://www.certik.com/projects/metalswap

Jonah 🏅🎹 | Satoshi Club

Impressive

Mary | Satoshi Club

Funds are SAFU

Thank you for your answers! Ready for the next question?

MetalSwap Team

https://medium.com/metalswap/metalswap-x-certik-98c305106f2b

Yes let’ go to the next question ‼️

Jonah 🏅🎹 | Satoshi Club

Q3 from Telegram user @UncleStrange1

I noted that the phase 3 of MetalSwap’s TestNet is currently open with a great brand-new make-up. To participate in your Testnet, users will need to have

Kovan ETH, MetalSwap’s USDTtest & WBTCTest. I have not participated in the previous testnets but I’ll like to participate in this one, Can you provide more information about your past testnets? What changes have you made so far? Are there new features integrated in the newer version of the testnet? Is it already too late to join this phase of testnet? How can we get the tokens needed to participate in the testnet? How much of each tokens is needed to participate in the testnet? When will this phase of the testnet end? Will there be other testnet events in the future?

MetalSwap Team

Our Testnet V3 was launched a few weeks ago and it is still absolutely possible to participate.

Mary | Satoshi Club

Do you have guide how to participate?

MetalSwap Team

👉Compared to previous Testnets developed in the past, we decided to create multiple use cases that can fully experience this new phase, guiding our own users in understanding the potential of the Hedging (Swap) tool.

MetalSwap Team

If you would like to take part in our journey, please note that this Testnet is incentivized so that you can earn real $XMT without any kind of investment!

So all you have to do is fill out this form:

https://docs.google.com/forms/d/1F9o_3z95r5OrHLSOk1GX2qVvrB1CD0f2KFsm3BYI_OY/

‼️Make sure you’re fill in the form to participate in the testnet phase 3‼️

Jonah 🏅🎹 | Satoshi Club

For how long will this testnet last?

MetalSwap Team

This way you will have the opportunity to actively participate in this phase and you will get the WBTCTest and USDTTest with which you can make experience all the features of this fantastic tool.

MetalSwap Team

Certainly a couple of months, in any case until all audits are completed (at now is at 86%)

In addition to the above, at this stage we have included the brand new feature of Liquidity Pools, where we can make our KETH , WBTCTest and USDTTest liquidity available to those who need to open a Swap on the other side! For this, we will be rewarded with XMTT3 and a spectacular NFT representing the liquidity provided which we will discuss in a moment.

MetalSwap Team

I invite you to learn more about this by checking out our Medium article where its operation is explained in detail.

https://medium.com/metalswap/liquidity-providing-5cb0f9c1c49c

‼️There are currently NO further Testnet phases planned in the future as the latter aims to consolidate the output of the Hedging Swap Instrument in mainnet.

Mary | Satoshi Club

Today we have a lot food for mind we will definitely read your articles!

MetalSwap Team

Give me a thumbs up if your excited for this project

Mary | Satoshi Club

We are!

Mary | Satoshi Club

Thank you for your answers! Ready to jump to the next question?

MetalSwap Team

Yes!

Jonah 🏅🎹 | Satoshi Club

Q4 From Telegram User @GracieEne

I read that you have allocated 23% of your total supply for rewards. MetalSwap rewards system is one in which users are given rewards for participating in liquidity pool, staking pool or buy back system. How is the staking reward distribution calculated and allocated to users? What are the requirements to participate in the reward activities? Voting power depends on the amount of tokens held, staked or delegated. What is the minimum token a holder must have to take part in voting? How can token holders increase their voting power and number of tokens?

MetalSwap Team

$XMT is the governance token of MetalSwap.

MetalSwap Team

The purpose of $XMT Tokens is to participate in DAO deliberations.

Anyone can create a proposal and let the DAO vote to decide the future of MetalSawp.

Our first proposal went live last year, giving us the goal of becoming a Multichain token!

In fact, we are currently on 3 different chains: ETH, BNB and MATIC

You can learn more at this link

https://app.metalswap.finance/#/governance

MetalSwap Team

They are allocated as shown in the chart:

MetalSwap Team

All the information can find our detailed tokenomics in the white paper

Here is the link:

https://www.metalswap.finance/assets/documents/whitepaper_metalswap_eng.pdf

MetalSwap Team

Several use cases are on Medium and many more are coming very soon!

Here is an example one for you to look at:

https://medium.com/metalswap/usecase-02-btc-miner-15367c6fca2d

Jonah 🏅🎹 | Satoshi Club

To put forward a proposal how many $XMT should a user hold?

Mary | Satoshi Club

How many proposals did you have total? What can’t be the object of proposal?

MetalSwap Team

You will need 3 million $XMT

so far there has been only one

Our first proposal went live last year, giving us the goal of becoming a Multichain token!

In fact, we are currently on 3 different chains: ETH, BNB and MATIC

MetalSwap also has a buyback system included in its main App: Premiums coming from platform’s usage will be used to buy back $XMT directly on the spot market!

MetalSwap Team

$XMT will be used for governance reasons: you need a certain amount to make new proposals, and everybody can use $XMT for voting it!

We’ll have some boost mechanics in the future, I mean on rewards and voting power, but right now we’re aiming straight to release the main product in Ethereum’s MainNet!

Mary | Satoshi Club

How many users hold more than 3mln $XMT? Why did you decide to limit voting by making it only for whales?

MetalSwap Team

Currently only the foundation is in possession.

Everyone can buy the tokens and therefore have the opportunity to participate in the proposals.

Mary | Satoshi Club

Thank you for your answers! Ready for the next question?

MetalSwap Team

Yes, let’s go 🦾

Jonah 🏅🎹 | Satoshi Club

Q5 From Telegram User @Asela1112

I realized that the main fundraising events of MetalSwap are 1%-Seed round, 4%- Private Round & 10%- Public Sale. Could you please share more details with us about the seed round & Private round? Have you successfully funded from Seed & Private round? However, I know that The public round have not started yet. So, When will tha public round will take place within MetalSwal Ecosystem? Do we have to follow KYC to be whitelisted? How many maximum amount of tokens will you allocate per one user and Which currencies can participants use to buy $XMT tokens in Public round? Alos tell us about the Vesting schedule of public round?

MetalSwap Team

Yes, both the seed round and the private round have already been done, where he sees the token team is composed of the project founders and a team of advisors.

Those who participated in our seed stage must comply with a 2-year vesting period: this ensures that $XMT is not dumped by the first big investors‼️

MetalSwap Team

The vesting schedule is:

-12 months cliff

-20% (12 months after TGE)

-80% linear (daily) vesting over 6 months (9 months after TGE)

Jonah 🏅🎹 | Satoshi Club

At what price was the private round done?

MetalSwap Team

0.2 USDt

The Public Round has already been released in November with great success, launching XMT on Uniswap’s DEX.

MetalSwap Team

I would like to conclude by emphasizing that MetalSwap is a fully DEFI project and therefore it will absolutely NOT be necessary to do a KYC.

Mary | Satoshi Club

Can you disclose investors names?

MetalSwap Team

Given that the private phase, the investors wanted to remain anonymous; however we have investors in the world of commodities

You can then get the Token of XMT right away even in multiple chains, as MetalSwap has expanded into multiple chains:

👉UniSwap on ETH

https://app.uniswap.org/#/swap?inputCurrency=0x3e5d9d8a63cc8a88748f229999cf59487e90721e&chain=mainnet

👉PancakeSwap on BSC https://pancakeswap.finance/swap?inputCurrency=0x582c12b30f85162fa393e5dbe2573f9f601f9d91

👉 UniSwap on Polygon https://app.uniswap.org/#/swap?inputCurrency=0xadBe0eac80F955363f4Ff47B0f70189093908c04&chain=polygon

👉ACSI Finance on BNB Chain https://app.acsi.finance/#/trade/0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE/0x582C12b30F85162Fa393e5DBe2573f9F601f9D91

Mary | Satoshi Club

Gotcha

Thank you for your answers! Ready for the 6th and last question from this part?

MetalSwap Team

yes! Let’s do it

Jonah 🏅🎹 | Satoshi Club

Q6 From Telegram User @DK177

While researching about the mechanism of MetalSwap, I noticed that your oracles integrated in the decentralized liquidity pools will assure fair market prices. Currently, oracles are available on plenty of similar platforms. I would like to know whether the mechanism of your oracles is similar to what is offered on other platforms. Do your oracles have own features that are unavailable in other projects? Please briefly explain how they assure fair market prices. In addition to this task, do your oracles have more responsibilities? Apart from introducing oracles, what kind of steps you have taken to assure fair market prices?

MetalSwap Team

Really a very good question!!!

Precisely because the system of an Oracle is very delicate as well as important

MetalSwap currently does NOT have a proprietary Oracle but makes use of existing oracles on Chain Link

in order to have a tool that is functional and optimized in its work.

The Tool that MetalSwap is developing is expandable to any Commodity and for this very reason in the future the Oracles landscape will surely take a major interest in the project.

I invite you to stay tuned to our main channels so as not to miss future developments, also in this field:

OFFICIAL WEBSITE✅ https://www.metalswap.finance/

MEDIUM ✅ https://medium.com/metalswap

TELEGRAM ✅ https://t.me/metalswap

TWITTER ✅ https://twitter.com/MetalSwapNet

DISCORD ✅ https://discord.com/invite/eYay7NV6vF

YOUTUBE ✅ https://www.youtube.com/channel/UCuFVZOpAOzuzlmJbPA4wdkw?sub_confirmation=1

FACEBOOK ✅ https://www.facebook.com/MetalSwapOfficial/

REDDIT ✅ https://www.reddit.com/r/metalswapnet/

Mary | Satoshi Club

Thank you so much for this amazing first part of our AMA! Our community is waiting for the next — live part! Their fingers are on fire

Mary | Satoshi Club

Ready?

MetalSwap Team

Let’s Gooooooooo

Mary | Satoshi Club

Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @RemyAkhtarRiya

Where can I currently buy Token?

MetalSwap Team

You can then get the Token of XMT right away even in multiple chains, as MetalSwap has expanded into multiple chains:

👉UniSwap on ETH
https://app.uniswap.org/#/swap?inputCurrency=0x3e5d9d8a63cc8a88748f229999cf59487e90721e&chain=mainnet

👉PancakeSwap on BSC https://pancakeswap.finance/swap?inputCurrency=0x582c12b30f85162fa393e5dbe2573f9f601f9d91

👉 UniSwap on Polygon https://app.uniswap.org/#/swap?inputCurrency=0xadBe0eac80F955363f4Ff47B0f70189093908c04&chain=polygon

👉ACSI Finance on BNB Chain https://app.acsi.finance/#/trade/0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE/0x582C12b30F85162Fa393e5DBe2573f9F601f9D91

Q2 from Telegram user @Mosesakpah

Can you show me road map and want stage are you right now?
O wan to participate am interested in this project

MetalSwap Team

The development team, along with the staff, is continuously growing, with the goal of continuing development while maintaining the congruency of the roadmap as has been the case so far.

✅ 19/11/2021 IDO ETH ON UNISWAP V3
✅ 27/11/2021 STAKING POOL 30/90/180/360
✅ 11/12/2021 DAO ON
✅ 21/12/2021 STAGGERED IRON POOLS
✅ 29–31/12/2021 1ST DAO PROPOSAL (SUCCESSFUL)
✅ 07/01/2022 BRIDGE BSC AND PANCAKESWAP IDO
✅ 18/01/2022 PILING POOLS ON BSC
✅ 31/01/2022 TESTNET CRYPTO ASSET SWAP
✅ Q2 2022 XMT LANDED ON POLYGON
✅ Q2 2022 STAKING V3 NFT BUYBACK & POOL

The next steps in our road map are:

🎯 Q3 2022 AUDIT AND CERTIFICATIONS (NOW LIVE WITH CERTIK!).
🎯 Q3 2022 SWAP CRYPTO ASSET MAINNET ETH.
🎯 Q3 2022 CEX LISTING.
🎯 Q3 2022 COMMODITY METAL SWAP.
🎯 Q4 2022 ALPHACLUB NFTs.

Q3 from Telegram user @burshanggal

Could you elaborate on the operation of your DAO? How is membership in the METALSWAP DAO accomplished? What advantages come with joining the DAO?

MetalSwap Team

XMT is a governance token, which means that any decision made by the DAO can also be voted on by you if you own XMT.
Your voting power will depend on how much XMT you own or stake.

Anyone can create a proposal and let the DAO vote to decide the future of MetalSawp.
Our first proposal went live last year, giving us the goal of becoming a Multichain token!
In fact, we are currently on 3 different chains: ETH, BNB and MATIC

You can learn more at this link

https://app.metalswap.finance/#/governance

Q4 from Telegram user @sukuna_x_itadori

Can we have to go through any KYC or not in order to buy $XMT token?

MetalSwap Team

MetalSwap wants to be a DeFi Tool, without any kind of classic centralized market traditional issues.
For this reason, we’re not interested in KYC whitelisting, but we don’t exclude to land on one or more Centralized Exchanges in the future

For now our list to buy XMT is including only NO KYC DEXes:

👉UniSwap on ETH
https://app.uniswap.org/#/swap?inputCurrency=0x3e5d9d8a63cc8a88748f229999cf59487e90721e&chain=mainnet

👉PancakeSwap on BSC https://pancakeswap.finance/swap?inputCurrency=0x582c12b30f85162fa393e5dbe2573f9f601f9d91

👉 UniSwap on Polygon https://app.uniswap.org/#/swap?inputCurrency=0xadBe0eac80F955363f4Ff47B0f70189093908c04&chain=polygon

👉ACSI Finance on BNB Chain https://app.acsi.finance/#/trade/0xEeeeeEeeeEeEeeEeEeEeeEEEeeeeEeeeeeeeEEeE/0x582C12b30F85162Fa393e5DBe2573f9F601f9D91

I would like to conclude by emphasizing that MetalSwap is a fully DEFI project and therefore it will absolutely NOT be necessary to do a KYC.

Q5 from Telegram user @krish_crypto22

There is also a Bridge on Your Platform,
Between What Blockchains, Users can Swap their Tokens?
Please tell?

MetalSwap Team

Yes you can find our own bridge at this link

https://app.metalswap.finance/#/bridge

Currently you can find $XMT in these 3 Blockchain

  • Ethereum
  • Polygon
  • Bnb Chain

And with our bridge you can move your own XMT from any blockchain to any direction of these chain
That’s exactly what you need to move $XMT wherever you want (!)

We’re using Multichain.org as a backend

Q6 from Telegram user @Clint_25

I found that the Phase3 of MetalSwap TestNet is now open. Is it still possible for me to participate? If yes, how can I join? What requirements must be present in order to participate?

MetalSwap Team

Our Testnet V3 was launched a few weeks ago and it is still absolutely possible to participate.

Compared to previous Testnets developed in the past, we decided to create multiple use cases that can fully experience this new phase, guiding our own users in understanding the potential of the Hedging (Swap) tool.

If you would like to take part in our journey, please note that this Testnet is incentivized so that you can earn real $XMT without any kind of investment!

So all you have to do is fill out this form:

https://docs.google.com/forms/d/1F9o_3z95r5OrHLSOk1GX2qVvrB1CD0f2KFsm3BYI_OY/

We have included the brand new feature of Liquidity Pools, where we can make our KETH , WBTCTest and USDTTest liquidity available to those who need to open a Swap on the other side! For this, we will be rewarded with XMTT3 and a spectacular NFT representing the liquidity provided which we will discuss in a moment.

I invite you to learn more about this by checking out our Medium article where its operation is explained in detail.

https://medium.com/metalswap/liquidity-providing-5cb0f9c1c49c

There are currently NO further Testnet phases planned in the future as the latter aims to consolidate the output of the Hedging Swap Instrument in mainnet.

Q7 from Telegram user @KhaleesiKhalee

Please explain more details on the staking of V3 NFT, buyback and pool. How much will you going to buyback? Will you also be burning part of the supply?

MetalSwap Team

Our ALPHACLUB NFT is going to be deployed on MATIC’s chain to represent a Liquidity freezed over ETH!

You can Pre Order now MetalSwap’s NFT By
clicking the link
https://app.metalswap.finance/#/preorder-nfts

To get a full-dive in it, check our Medium: https://medium.com/metalswap/metalswaps-alpha-club-nfts-fd0dff1f9bd0

And in this case the NFTs are backed by a certain amount of $XMT
So the least value that these NFTs have is always covered by a precise amount of $XMT

This new kind of NFTs have never been seen before in DeFi!

ALPHACLUB NFT tokens will:

👉 Represent locked up liquidity
And your NFT are returnable to receive your liquidity back
👉 Gives the opportunity to obtain bonuses/boosts
With it you’ll get a chance to boost your rewards over on MetalSwap’s platform
👉 Have a growing artistic value
And it will be exchangeable over different marketplaces

Q8 from Telegram user @Lordchirod

“This new kind of NFTs have never been seen before in DeFi! ”

What research did you do to implement that statement?

And
Also when you said “So the least value that these NFTs have is always covered by a precise amount of $XMT”

Does it mean the high amout of $XMT comes a bigger value of The NFT?

MetalSwap Team
Have you ever seen an NFT that:
👉 Represents locked up liquidity
And your NFT will be returnable to the platform have your liquidity back
👉 Gives the opportunity to obtain bonuses/boosts
With it you’ll get a chance to boost your rewards over MetalSwap’s platform
👉 Has a growing artistic value
And it will be exchangeable over different marketplaces

Q9 from Telegram user @Commmmskb

What’s your main focus right now, are you focused on the community or market/Exchange or the products? Please ans this question.

MetalSwap Team

Our Main focus is to Release the Crypto Swap in the Ethereum Mainnet

And MetalSwap focuses primarily on the security and functionality of its framework.

As I mentioned just above, in addition to having verified our Smart Contracts in several Open Test phases, we have entered into an important partnership with one of the best Code Audit companies in the world: CERTIK!

Code audits have already begun to ensure maximum efficiency.

So after this phase we will Ready to Release the Crypto Swap for the first time in Defi (!)

Q10 from Telegram user @Jhackieluvv

Can you Share your Social Media Accounts and Address links With us so that we can Reach your Project? Where can I buy your token?? Which Exchanges are you listed on.

MetalSwap Team

Here are all our socials through which you can stay up to date with new features:

TELEGRAM DISCUSSION GROUPS

https://t.me/joinchat/YaSNSVggeOFhODQ0
🇮 https://t.me/joinchat/w4xGj8TcB8ExZmY8
🇪 https://t.me/joinchat/22zaxw3o0URlODJk

Social channels:

OFFICIAL WEBSITE✅ https://www.metalswap.finance/

MEDIUM ✅ https://medium.com/metalswap

TELEGRAM ✅ https://t.me/metalswap

TWITTER ✅ https://twitter.com/MetalSwapNet

DISCORD ✅ https://discord.com/invite/eYay7NV6vF

YOUTUBE ✅ https://www.youtube.com/channel/UCuFVZOpAOzuzlmJbPA4wdkw?sub_confirmation=1

FACEBOOK ✅ https://www.facebook.com/MetalSwapOfficial/

REDDIT ✅ https://www.reddit.com/r/metalswapnet/

Make sure you’re following us on all our channels to be always up to date!

Part 3 — Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:
Telegram — https://t.me/metalswap
Medium — https://medium.com/metalswap
WebSite — https://www.metalswap.finance/
Twitter- https://twitter.com/MetalSwapNet

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