Today we are going to take a deeper dive into the engine that drives @MyMetaTrader

🔎We will examine the fine details of all the moving parts in MMT, and how it works. We will explain how we differ from other DEX's

🪂So without further delay, let's dive in
1⃣ The primary advantage being that with mTrader, you’re trading with just a singlular vault 💰 instead of multiple vaults like other oracles

🧮In addition to ease of access between diverse pairs, traders can also maximize their capital efficiency with up to 150x leverage
🔮Advantages from trading multiple assets:
-Diversify your portfolio
-Reduce your risk exposure in volatile market conditions

🤖Now what about the oracle, how does it work?

💡That is where our unique feature known as the "Price Feed Express" comes in!
💻The oracle is an aggregator that calculates the average of multiple oracle nodes and 4 CEXs to get the most accurate match price. Price deviation of more than 1% will cause an alarm 🚨 to go off, excluding this node from the average
The price feed express offers you assurance that you are getting the best possible price on all trades

🤝What are you waiting for now? Hop into our discord and join the community today:

discord.gg/mtrader
💻Head over to @MyMetaTrader webpage for an updated countdown on the IDO:

mymetatrader.finance

#MMT #MyMetaTrader

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More from @jstcallmepapi

Feb 16
As we continue to approach the date of the @MyMetaTrader IDO, we have been continually inundated with BULLISH news

❓ Wen airdrop, wen CEX, wen use case, wen wen wen

🧵 In this mega thread I will address every single point of interest on #MMT

LETS GET INTO IT! 👇
⏪ But first let us review; what is mTrader?

#MyMetaTrader is the first leverage DEX built with the aid of GPT-3 on the Arbitrum blockchain. MMT allows trading across diverse asset classes, maximizes your capital efficiency, and minimizes your risk exposure

💭Okay, but HOW? Image
1⃣ This brings me to my first point: risk is already minimized on the front end by removing centralized entities from the equation. There are a number of reasons that trading with a CEX is less secure:
-Vulnerable to hacking
-Fraud risk (see: FTX)
-Scam wicks Image
Read 33 tweets
Feb 16
Have you still not joined @MyMetaTrader community, anon? Why not...? Today I am going to review the project, and give you some reasons why you may want to get involved with #MyMetaTrader

So let's get into it. Let's talk about what MMT is first:
My MetaTrader is the FIRST DEX built using GPT-3 that is building on Arbitrum. Another unique feature of MMT is that it hosts VERY high leverage (up to 1000x for some asset class), and the ability to trade stocks/forex, and other asset classes beyond crypto
There is a plan for the ability to bid NFT floor prices up to 10x in the future as well.

Now, what is great about trading with leverage on MMT is that you are trading against a single pair since it utilizes a collateralized mDAI vault that absorbs the loss
Read 9 tweets
Feb 15
With the recent roll out of the @MyMetaTrader private testnet round, a tutorial is in order I feel!

🔎In this tutorial I will explain to you how to use the MMT testnet, and also which features to test using the platform, and where to get faucet funds
➡️First we want to make sure we have added Arbitrum Goerli network to Metamask, here is where you can do so: chainlist.org/chain/421613

🔴After adding the network, we need to make sure we have Arbitrum gETH, there are two ways we can do this
1⃣Arbitrum bridge
2⃣Faucet
🚰Faucet funds can be claimed here: faucet.triangleplatform.com/arbitrum/goerli

🌉Bridging may take longer, but you can get more gETH at once this way, so if you wish to do so, here is the link: bridge.arbitrum.io
Read 14 tweets
Feb 14
🚨ATTENTION @MyMetaTrader Community

🗞️The anticipated news regarding the testnet has finally arrived just moments ago. I will share the details in this thread, so let's get into it!
👇
📅Wen wen wen

➡️First, the testnet will be conducted in phases where more, and more testers will be given access as the phases progress

1⃣The first phase is the private testnet which will begin on February 15th
2⃣The second is public which will begin on the 17th
🧪How can I get involved (how do I qualify?)

⭐️Discord OG role
⭐️Top 100 Crew3 on all time leaderboard
⭐️Become an ambassador of mTrader

Keep in mind that in testing-it is important to gather feedback, so you must be ready to share feedback.
Read 5 tweets

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