MetalSwap

<blockquote><em>Originally written on </em><a href="https://metalswap.me/MRJ" rel="noopener noreferrer nofollow"><em>MetalSwap’s Official Blog: </em>MetalSwap Recap January</a></blockquote><p>The team is continuing to work mostly behind the scenes to keep improving the MetalSwap dApp. In January, the <strong>Recall Pool</strong> was launched in its<strong> test phase</strong> and <strong>many articles </strong>were published in the R&amp;D domain as the focus is on the future developments of this dApp.</p><p>Let&#39;s see everything that was done in January in this dedicated episode of the MetalSwap Recap.</p><p>The topics we&#39;ll cover include:</p><ul><li>Project Updates</li><li>R&amp;D and Blog Post</li><li>Development Preview</li></ul><h2 id="header-0">Project Updates</h2><h3 id="strong-recall-pool-testnet-strong"><strong>Recall Pool Testnet</strong></h3><p>The main highlight of January is undoubtedly the<strong> <a href="https://blog.metalswap.finance/recall-pool-testnet-live" rel="noopener noreferrer nofollow">release of the Recall Pool in its test phase</a>. </strong>As explained in this article, this new pool aims to migrate XMT tokens from various layer 2 blockchains such as BNB or Polygon back to the ETH mainnet, the only place where they have governance power. Currently, a test of this new pool on the Mumbai network is underway and anyone can test it and report any bugs or errors. The testnet will also be <strong>incentivized</strong>, so participants can expect some rewards. So far,<strong> 5 Recall Pools </strong>have been launched on Mumbai and almost all have been completely filled by users!</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2270daf789984ea6b23e7b9f26cc139a.png" /></p><h3 id="rd-and-blog-post">R&amp;D and Blog Post</h3><p>As mentioned in the introduction, the team is working behind the scenes to improve the tool proposed by MetalSwap. The <strong>R&amp;D articles </strong>aim to share with the community some of these research efforts carried out day after day.</p><h3 id="strong-metalswap-insight-hedging-contracts-volume-overview-strong"><strong>MetalSwap Insight - Hedging Contracts Volume Overview</strong></h3><p>In this article, the team focused on analyzing <a href="https://blog.metalswap.finance/overview-of-hedging-contracts-volume" rel="noopener noreferrer nofollow">the volumes of the derivative instrument of Hedging Contracts</a> in both centralized and decentralized contexts. The research brought up very interesting data and highlighted, once again, how the derivatives sector is more developed within CEXs than DEXs.</p><h3 id="strong-metalswap-39-s-rd-chainlink-solution-strong"><strong>MetalSwap&#39;s R&amp;D - Chainlink Solution</strong></h3><p>As an introduction to the release of the Recall Pool in testnet, this article was published explaining the technical workings of this new feature available on MetalSwap. The &#34;<a href="https://metalswap.me/Cls" rel="noopener noreferrer nofollow">Chainlink Solution</a>&#34; article thus shows the operation of the CCIP protocol and Chainlink Automation. A post for our more technical users!</p><h3 id="strong-metalswap-knowledge-discover-rwa-dapps-strong"><strong>MetalSwap Knowledge - Discover RWA dApps</strong></h3><p>Another central theme in the development of MetalSwap is certainly Real World Assets, so it&#39;s necessary to stay updated on this front. The &#34;<a href="https://metalswap.me/drwad" rel="noopener noreferrer nofollow">Discover RWA dApps</a>&#34; article focused on analyzing the main decentralized applications in the field of Real World Assets. Projects such as Ondo.finance or RealT are analyzed, all with the goal of staying updated on this front.</p><h3 id="strong-improvement-process-proto-danksharding-strong"><strong>Improvement Process: Proto-Danksharding</strong></h3><p>The last article published within the post and R&amp;D category is related to <a href="https://blog.metalswap.finance/proto-danksharding" rel="noopener noreferrer nofollow">Proto-danksharding</a>. In the coming months, this update should be released by ETH developers and will surely also influence MetalSwap, as a dApp present on some ETH layer 2s like Linea and Optimism. The article starts with an introduction to this update and continues trying to understand the advantages it will bring in the long term to the entire Ethereum ecosystem.</p><h2 id="header-1">Development Preview</h2><h3 id="strong-recall-pool-on-mainnet-strong"><strong>Recall Pool on Mainnet</strong></h3><p>After the test phase that is running these days, the much-awaited Recall Pool will <strong>officially arrive.</strong> As mentioned, thanks to this pool, users will be able to perform a bridge back operation to the ETH mainnet paying<strong> minimal transaction costs.</strong></p><h3 id="strong-incentive-campaigns-strong"><strong>Incentive Campaigns</strong></h3><p>Work is underway in creating and launching <strong>several campaigns </strong>aimed at encouraging the use of the dApp across the various layer 2s on which it is present. The goal of these campaigns is always to<strong> introduce MetalSwap to new users </strong>and increase the number of active wallets on the dApp.</p><p>MetalSwap is undergoing a phase of quiet development with the goal of becoming the leading dApp in its field. The community is showing continuous support and the numbers gathered from the Recall Pool testnet only serve to confirm this trend!</p><p></p><p>-The DeFi Foundation</p><p></p><h3 id="what-is-metalswap">✎ What is MetalSwap?</h3><p>MetalSwap is a decentralized platform that allows Hedging Contract on financial markets with the aim of providing coverage to those who work with Digital Asset 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.</p><p>With Hedging Contract we enable hedge swap transactions through the use of Smart Contracts, AMM style.</p><p>It&#39;s great to Hedge the Risk of Price volatility with <a href="https://app.metalswap.finance/" rel="noopener noreferrer nofollow">MetalSwap dApp</a> !</p>

METALSWAP RECAP: JANUARY

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