MetalSwap XMT Price $ 0.0171

MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing coverage to those who work with commodities and an investment opportunity for those who contribute to increasing the shared liquidity of the project. Allowing the protection for an increasing number of operators.

With the concept of an economic incentive, given by the distribution of the governance token ($XMT), the system will have publicly accessible pooled liquidity. Through a set of "smart contracts", initially written on Ethereum, the contracts will make it possible to execute swaps without the need for intermediaries, at reduced costs, and without time restrictions.

The decision-making body of the MetalSwap technological infrastructure is a "DAO" (Decentralized Autonomous Organization) control structure consisting of all users in possession of the project token.