With the Fetch.ai dapps ecosystem growing, the most logical step forward for the Mettalex DEX is to be rebuilt and deployed on the Fetch.ai network.
An important update that all MettaTitans should read.
In the second part of this research series, we look at NFTs and Metaverses as the biggest trends in the DeFi space in 2022.
NFTs continue to evolve and, apart from speculative assets, they provide additional utility to their owners.
DeFi-based metaverses also continue to grow and attract big names from the financial and fashion industries.
We dedicated the 10th edition of our Mettacast series to a community discussion with Mettalex's CTO Matt McDonnell.
Matt presented the newly proposed Mettalex tokenomics model and replied to questions from the community.
With the DeFi space evolving, so is Mettalex.
A collaboration between the team and community, the current document outlines the path towards an enhanced DEX experience for traders, liquidity providers, and governance token holders.
Learn more in the blog.
Users who provide liquidity to Mettalex’s DEX autonomous market makers will get rewards in both trading fees and MTLX governance tokens.
Through the Mettalex DEX, crypto traders will get access to traditional and crypto commodities markets unavailable anywhere else in the DeFi space. A plethora of assymetric opportunities will be at your disposal for a fraction of the spot price.
Participants in the commodities supply chain will be able to use the Mettalex DEX to acquire cost and capital-efficient hedging tool. The risk associated with each long or short position is fully quantified.
Access to traditional markets with minimal friction on taking positions and reduced requirements for margin. We combine the convenience of tokens with market sizes of the commodities world.
Mettalex商品衍生品交易所具有DeFi领域中无处可寻的市场，包括钢，铁矿石，天然气，铝，锌，铜以及BTC /黄金，ETH /黄金，sCEX / sDEFI等价差。
87.5% of all MTLX tokens will be distributed to liquidity providers (LPs) that supply stablecoin liquidity to Mettalex’s Autonomous Market Makers. That turns Mettalex markets into “perpetual yield farms”. In addition, LPs will also be rewarded with trading fees.
Founder and CEO
Humayun is an entrepreneur, investor, and visionary focused on AI, machine learning, blockchain, and token-based economies. He was a founding Investor in DeepMind, and co-founded Fetch.ai, Atomix, Mobix, uVue, and itzMe. In addition to his strong technological background, Humayun also has extensive experience in financial markets, including commodities trading and derivatives.
Matt has an undergraduate degree in Materials Engineering and Chemical Physics at the University of Western Australia, followed by a Doctorate in Physics at the University of Oxford. Matt was a quantitative developer and quantitative analyst at Fidelity International and has previously assumed a data scientist role at fashion tech startup Metail, before joining Fetch.ai and Mettalex. He is passionate about financial risk modeling, smart contracts, DeFi.
A passionate software developer from India. Chirag is a fan of technology and the way it is constantly evolving. Loves to do the impossible and enjoys difficult tasks. Getting the code right is his mission. A firm believer in solve-it-before-you-sleep. A people’s person, a friend of all. He is a workaholic and energy center of the team who curates the most insane ideas and pushes everybody to unleash their potential.
Maria is leading the business development programs of both Fetch.ai and Mettalex. Her specialties are strategic alliances, collaborations with industry leaders and governmental institutions, as well as with academia. With her decades-long experience, Maria proficiently manages strategic programs delivery at Fetch.ai and its spin-off projects.
A crypto assets and blockchain veteran, Vlad Dramaliev is one of the founders of the Bulgarian Bitcoin/blockchain community. Since 2013, he has founded several startups in the crypto space and a bitcoin-only foundation - BitHope. Vlad is the co-founder of Sofia Crypto Meetup, the oldest and largest monthly blockchain event and online community in Bulgaria. He is passionate about decentralized, blockchain-based assets, economies, and communities, Web3, and NFTs.
Albena got into crypto through researching the intersection between music and blockchain back in 2016 and has been following the space ever since. Later on, she embraced Blockchain Marketing professionally and worked as a Community and Social Media Manager for a Layer-1 blockchain solution. She joined the Mettalex team as a Marketing Executive in May 2021.