MetalSwap

<blockquote>— Originally written on <a href="https://metalswap.me/mxopg" rel="noopener noreferrer nofollow">MetalSwap’s Official Blog</a></blockquote><p><strong>MetalSwap Wins Prestigious Optimism Growth Experiment Cycle 11 Grant </strong></p><h2 id="header-0"><strong>A New Chapter Begins</strong></h2><p>After much <a href="https://twitter.com/MetalSwapNet/status/1651227351991083012" rel="noopener noreferrer nofollow">anticipation</a>, <em>the secret </em>behind the <em>cryptic</em> teaser “02 05 2023” with MetalSwap’s logo painted red has finally been revealed: Today, <strong>2 of May 2023</strong>, we are thrilled to announce that <strong>MetalSwap has officially won the Optimism “Growth Experiment — Cycle 11” Grant!</strong></p><h2 id="header-1"><strong>A Milestone Achievement</strong></h2><p>This accomplishment means that the Optimism team has ranked MetalSwap as one of the <em>most suitable projects</em> to receive their incentives in OP token. We are particularly ecstatic because our project was selected within the top 14 projects in the Optimism Grant’s “Growth Experiments” category during <a href="https://gov.optimism.io/t/cycle-11-final-grants-roundup/5842" rel="noopener noreferrer nofollow">Cycle 11</a>.This recognition is proof of the hard work and dedication of MetalSwap’s team; we couldn’t be prouder!</p><h2 id="header-2"><strong>Incentivizing the Future</strong></h2><p>With this Grant, we have the opportunity to distribute <strong>a total of 30,000 OP</strong> to users of MetalSwap’s dApp as an incentive to use the Hedging Swap tool, for the first time ever on a blockchain other than Ethereum. These tokens will be distributed<em> </em>if the Dao of MetalSwap decides to take the Hedging Swap tool to the Optimism network. We will receive the whole Grant OP token amount based on some <em>critical milestones</em> we shared with the Grants Council Team. This initiative will provide<strong> a significant boost</strong> to both communities and encourage new users to experience our innovative solutions.</p><h2 id="header-3"><strong><br />Joining the Ranks of Industry Leaders</strong></h2><p>As evidenced by past analyses, ma<em>jor projects such as Synthetix, Velodrome, Uniswap, Aave, </em>and<em> Beefy Finance</em> have been selected for these programs. We are honored to be in touch with such an esteemed company and look forward to contributing together to the ongoing growth and development of the whole DeFi ecosystem.</p><h2 id="header-4"><strong>Upcoming Developments</strong></h2><p>As a necessary condition to be able to distribute the grant received, <strong>MetalSwap’s Foundation will draft a proposal to integrate on Optimism’s ecosystem the Hedging Swap instrument and its XMT token</strong>, highlighting the advantages of doing so and deciding some numbers.Everybody will be invited to MetalSwap’s <a href="https://gov.metalswap.finance/" rel="noopener noreferrer nofollow">Governance Forum</a> to take part of the conversation and fine-tune the <strong>MIP Draft</strong>.</p><h2 id="header-5"><strong>Stay Tuned for More</strong></h2><p>Keep an eye out for more information to be shared in the near future, and don’t miss our <em>next teaser</em>! We encourage you to subscribe on our official <a href="https://gov.metalswap.finance/" rel="noopener noreferrer nofollow">Governance Forum</a> and to our Telegram News channel to stay updated on the latest developments.</p><p>Once again, we would like to express our gratitude to the Optimism team for this incredible opportunity. With your continued support, we will keep pushing the boundaries of DeFi innovation.</p><p>What a time to be in DeFi!</p><p>Goodbye volatility!<br /></p><p>To the MetalSwap</p><p>… and beyond!</p><p>-The DeFi Foundation</p><h2 id="header-6">✎ What is MetalSwap?</h2><p>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.</p><p>With MetalSwap we enable hedge swap transactions through the use of Smart Contracts, AMM style.</p><h2 id="header-7">⚠️Warning⚠️</h2><p>❗ METALSWAP ‘s admins or moderators will NEVER contact you directly on any social under any kind of circumstances.</p><p>❗ 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.</p><h2 id="header-8">Goerli Demo Infobox</h2><p>https://demo.metalswap.finance/</p><p>USDT Demo:0xD885375bF67fAB66e7d422a1Dad71f39527A818EWBTC Demo:0xf4027D47753cF54aB51315d1d0cBDF7183d7f8F0XMT Demo:0x5e789DB07183A902571bD7738D2D0E50297697C8WPAXG Demo:0xD1a700e84334992d698CBaD0Cc38e85934eF706CPAXG Demo:0x38deeE79b80e08f51B98f2228Ff8Cd7040d48458</p><p>Get Goerli tokens from MetalSwap’s faucet!</p><h2 id="header-9">Links</h2><p>OFFCIAL WEBSITE &#x1f449;&#x1f3fb; https://www.metalswap.finance/</p><p>YOUTUBE &#x1f449;&#x1f3fb; https://www.youtube.com/channel/UCuFVZOpAOzuzlmJbPA4wdkw</p><p>MEDIUM &#x1f449;&#x1f3fb; https://medium.com/metalswap</p><p>TWITTER &#x1f449;&#x1f3fb; https://twitter.com/MetalSwapNet</p><p>DISCORD &#x1f449;&#x1f3fb; https://discord.com/invite/eYay7NV6vF</p><p>TELEGRAM &#x1f449;&#x1f3fb; https://t.me/metalswap</p>

METALSWAP WINS OPTIMISM’S GRANT

Table of Contents

MetalSwap

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