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:
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
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
Meaning if you are liquidated all you can lose is your collateral, you can not go into debt from trading on MMT
The protocol has various risk management measures to safeguard the mDAI vault to ensure it never becomes insolvent
The protocol has various risk management measures to safeguard the mDAI vault to ensure it never becomes insolvent
The vault follows an epoch system where snapshots are taken of open PNL to protect it from abnormalities.
As you can see there is very little risk trading with leverage on MMT for the experienced, or new trader. In addition you will enjoy the lowest fees and best spot prices
As you can see there is very little risk trading with leverage on MMT for the experienced, or new trader. In addition you will enjoy the lowest fees and best spot prices
How can we be sure we are paying the best price?
The protocol makes use of a custom Chainlink decentralized oracle network to fetch the median spot price for each trading order. No more order books, and liquidity for each pair!
The protocol makes use of a custom Chainlink decentralized oracle network to fetch the median spot price for each trading order. No more order books, and liquidity for each pair!
In addition to the cutting edge tech, the community is vibrant. There are many ownership incentives for participating.
Everyone in MMT has an opportunity to earn a fair share of the airdrop for participating in community activities, and programs. Stablecoin competitions as well
Everyone in MMT has an opportunity to earn a fair share of the airdrop for participating in community activities, and programs. Stablecoin competitions as well
You can read more about it here. Overall, the experience I have had since finding @MyMetaTrader
has been bar none; and I have not even had the chance to get my hands on the awesome tech. I do hope you join the community, and if so come say hi in discord
has been bar none; and I have not even had the chance to get my hands on the awesome tech. I do hope you join the community, and if so come say hi in discord
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