📢 Let's talk about the DEVELOPMENT CONCEPTUAL MAP, to understand the EVOLUTION of MetalSwap ecosystem. 🚀 Read all about it on MetalSwap's blog
— Originally written on MetalSwap’s Official Blog
MetalSwap’s Development Conceptual map
- Coloured (matching the colour of their respective category) represents categories that have been implemented.
- Yellow signifies categories that are currently in the deep research & deployment phase.
- Grey indicates categories that are still in the research stage.
With this image, it becomes more evident how MetalSwap is evolving through the different stages of development, and how the community’s involvement is crucial to the project’s success. By providing this snapshot of the project’s current state, users can better understand the direction and priorities of MetalSwap and actively participate in its development through the governance process.
dAPP
Governance Process
MetalSwap's governance process aims to facilitate decentralized decision-making and implementation of protocol improvements. By leveraging a DAO (Decentralized Autonomous Organization) structure, we create an environment where proposals, debates, and technology solutions are driven by the community while maintaining a strong focus on security.
Digital Asset
We have already implemented ETH, WBTC, USDT, and WPAXG pairs with an innovative solution. The challenge now is to establish partnerships and technological advancements that will enable the addition of new real-world assets (RWAs) to our platform.
Security Improvement
From the outset, security has been a top priority for MetalSwap. We have sought external audits from reputable organizations such as Certik and initiated a Bug Bounty program with Immunefi to ensure the safety and integrity of our platform.
Scaling Hedging Swap
Initially deployed on the Ethereum network, MetalSwap is now exploring opportunities to move to a more cost-effective blockchain. This will enable us to maintain a high level of security while reducing transaction fees for our users.
Retail User
We strive to make MetalSwap accessible and understandable for all users, both new and experienced. To achieve this, we have developed comprehensive documentation and various initiatives, such as monthly Swap Competitions, blog posts explaining Hedging Swaps, and showcasing interesting use cases.
Institutional Users
To cater to the needs of institutional users, we are working on developing solutions for on-and-off-ramp crypto-fiat transactions, custody, and legal compliance. These are essential components for businesses to seamlessly adopt and utilize Hedging Swaps in the DeFi ecosystem.
Conclusion
Do you wish to participate in the evolution of this conceptual map?
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 Infobox
https://demo.metalswap.finance/
USDT Demo:0xD885375bF67fAB66e7d422a1Dad71f39527A818EWBTC Demo:0xf4027D47753cF54aB51315d1d0cBDF7183d7f8F0XMT Demo:0x5e789DB07183A902571bD7738D2D0E50297697C8WPAXG Demo:0xD1a700e84334992d698CBaD0Cc38e85934eF706CPAXG Demo:0x38deeE79b80e08f51B98f2228Ff8Cd7040d48458
Get Goerli tokens from MetalSwap’s faucet!
Links
OFFCIAL WEBSITE 👉🏻 https://www.metalswap.finance/
YOUTUBE 👉🏻 https://www.youtube.com/channel/UCuFVZOpAOzuzlmJbPA4wdkw
MEDIUM 👉🏻 https://medium.com/metalswap
TWITTER 👉🏻 https://twitter.com/MetalSwapNet
DISCORD 👉🏻 https://discord.com/invite/eYay7NV6vF
TELEGRAM 👉🏻 https://t.me/metalswap