Metavault Expands to Manta Network with Perps V2
Metavault Expands to Manta Network with Perps V2
馃殌 Perps, burns, and more
Metavault had a successful September, expanding its services and partnerships:
- Launched Perps V2 on Manta Network, offering 100x leverage on various assets
- Integrated Hydra perps on Polygon zkEVM
- Perp DEX aggregator now live on 6 chains
- Added V2/3 liquidity provision on Flare Network via SparkDEX
- Completed series on 4 DeFi hubs powered by Metavault
- Upgraded Perps V2 pools on Linea to V2.1
- Reminded users about MP to MVX token redemption and KAI airdrop
- Burned 23,906 MVX tokens, bringing total burned to 28.14%
Q4 focus: Upgrading DeFi hubs, expanding services, and onboarding more communities.
sUPtember is over and it鈥檚 time to jump into October, the last quarter of 2024. With the markets performing exceptionally well last month, let's take a moment to spotlight Metavault's latest achievements and key developments!
MVX to aSPRK Token Swap Distribution Complete on Flare Network
Metavault has completed the distribution of aSPRK tokens on Flare Network to MVX token holders who participated in the redemption program. Key points: - 500K MVX tokens swapped for 2.5M aSPRK - Swap rate: $0.20/MVX at SPRK price - All team, partner, and ex-team MVX tokens burned - First-come-first-served basis after snapshot To convert aSPRK tokens: 1. Visit [SparkDex](https://sparkdex.ai/stake/convert) 2. Ensure you have FLR tokens for network interactions This marks a significant milestone in Metavault's commitment to protecting holder value and ensuring community participation in future platforms.
Metavault.Trade Redemption Window Now Active
The redemption window for Metavault.Trade is now officially open. Users can access the redemption process through [metavault.trade/redeem](http://metavault.trade/redeem). This follows the previously announced schedule, which set the redemption start date for July 23, 2025, at 4AM UTC. - Redemption process is now live - Access available through dedicated portal - Early participation encouraged Users are advised to proceed with their redemptions through the official platform interface.
Final Hours Countdown for Metavault.Trade Event
A time-sensitive reminder has been issued for an upcoming deadline on Metavault.Trade, a decentralized exchange platform. This appears to be the final countdown for a significant event, likely related to trading or platform participation. Previous similar notifications suggest this may be connected to a ticket or registration deadline. - Time remaining: 3 hours - Platform: Metavault.Trade - Action required: Immediate attention recommended Participants should review any pending actions to ensure completion before the deadline.
Metavault Burns 12,012 MVX Tokens, Total Burned Supply Reaches 1.35M
Metavault continues its token burn momentum with another 12,012 $MVX tokens burned this week. The project has now burned a total of 1.35M tokens, representing over 33% of the initial supply. Key points: - Weekly buyback and burn program remains consistent - Total burned supply: 1.35M tokens - Over 30% of supply burned in ~1 year - Burns funded by product revenue and partnerships This systematic burning mechanism demonstrates Metavault's commitment to maintaining $MVX as a deflationary asset.
Metavault Expands Perpetual Trading Across Multiple Chains
Metavault has expanded its perpetual futures trading platform across multiple blockchain networks: - Now available on Kava Chain, Flare Networks, Linea, Manta Network, and Polygon zkEVM - Offers leverage trading up to 100x - Supports diverse assets including crypto, forex, indices, and commodities The platform previously launched on Polygon, BNB Chain, and other networks in Q4 2024. This expansion marks a significant step in providing cross-chain perpetual trading options. *Trading Features*: - Best execution pricing - High leverage options - Multi-asset support - Cross-chain accessibility