MetalSwap

<p>Hey, Swappers!<br /><br />It’s that time of the month again, where we take a step back and reflect on the progress we’ve made and the milestones we’ve reached. January was a busy and productive month for us, as we continued to work towards our goal of creating a secure, accessible, and user-friendly platform for the world of decentralized finance.</p><p>From launching a bug bounty program to improving our frontend, there’s a lot to cover, so let’s dive in.</p><h2 id="header-0"><strong>Bug Bounty Program Launch with Immunefi:</strong></h2><p>To ensure the security and stability of our platform, we partnered with Immunefi to launch a <em>bug bounty program.</em> This allows ethical hackers to report and receive rewards for identifying vulnerabilities in our system. The importance of this event was also highlighted on our Telegram channel by our community, furthering our commitment to transparency and community engagement.</p><h2 id="header-1"><strong>Dapp Improvement:</strong></h2><p>To enhance the user experience, we made improvements to our <em>Main dApp.</em>Users with Active Hedging Swaps can now see the Initial and the Current Price together, directly below the Price Arc and manage their cover directly on the Price Arc, making it easier to track and manage their investments. It’s now easier for users to visualize, manage and understand their positions.</p><p><img src="https://cdn-images-1.medium.com/max/900/0*FDMVOUgSrgK8In7R.png" /></p><h2 id="header-2"><strong>Frontend Improvement:</strong></h2><p>In an effort to make our platform more user-friendly, we made improvements to our frontend, including adding a link for social media on the landing page and a video explaining our hedging swap service. These changes will help new users better understand our platform and get started with ease.</p><p><br /><img src="https://cdn-images-1.medium.com/max/900/0*aRfHhWsWPFqUpxLY.png" /></p><h2 id="header-3"><strong>Swap competition in progress:</strong></h2><p>The Swap Competition called “Gold Edition” is Live, giving users the opportunity to win rewards while contributing to the growth of our platform and the usage of our Smart Contracts. Participants can rank based on the volume of their swap, making it a great opportunity to get involved in our ecosystem.</p><p><img src="https://cdn-images-1.medium.com/max/900/0*Uj1uvn9XTMPFKTK3" />$XMT Holders Over Time</p><p>The usage of Hedging Swaps helped to increase the number of <a href="https://metalswap.me/dxmt" rel="noopener noreferrer nofollow">$XMT holders on Ethereum</a> Mainchain.This is also thanks to the Liquidity Reward mechanism, which distributes MetalSwap’s governance token to the dApp users.</p><h2 id="header-4"><strong>PAXGTest Faucet added to Goerli Testnet:</strong></h2><p>To increase visibility and accessibility, we added the <a href="https://demo.metalswap.finance/#/faucets" rel="noopener noreferrer nofollow">PAXG Faucet</a> to the Goerli Testnet, allowing users to test and experiment with the demo version of our <a href="https://demo.metalswap.finance/#/synthetizer" rel="noopener noreferrer nofollow">token wrapper</a> without having to purchase any token.</p><p><img src="https://cdn-images-1.medium.com/max/900/0*V3YzWqBY5Aj_sUnC.png" /></p><h2 id="header-5"><strong>Alpha Club NFTs:</strong></h2><p>The loading speed of <a href="https://app.metalswap.finance/#/alpha-club" rel="noopener noreferrer nofollow">Alpha Club NFTs</a> was improved, providing a faster and more convenient experience for users to view and manage their collections.</p><p><img src="https://cdn-images-1.medium.com/max/900/0*j7l5guKOW-Y3VG8z.png" /></p><h2 id="header-6"><strong>Official Blog:</strong></h2><p>One of the most shouted news during last month is regarding the creation of MetalSwap’s blog, which will be used to share news, updates, and educational resources about our organization and the world of decentralized finance.</p><p>In conclusion, the first month of the year was a promising start for us.</p><p>We are excited to move forward and forge stronger connections with our community.</p><p>We look forward to keeping you updated with the latest developments in the coming months, so stay tuned for more exciting news!<br /></p><p>Goodbye volatility!<br /></p><h3 id="to-the-metalswap">To the MetalSwap!</h3><p>and beyond!</p><ul><li>The DeFi Foundation</li></ul><h2 id="header-7">✎ 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-8">⚠️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-9">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-10">Links</h2><p>OFFICIAL 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><p>TELEGRAM DISCUSSION GROUPS &#x1f447;&#x1f3fb;&#x1f447;&#x1f3fb;&#x1f447;&#x1f3fb;</p><p>&#x1f1ec;&#x1f1e7; https://t.me/joinchat/YaSNSVggeOFhODQ0</p>

MetalSwap Recap: January

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