LBank Exchange Will List Metavault (MVD1) on April 1, 2022
LBank Exchange, a global digital asset trading platform, will list Metavault (MVD1) on April 1, 2022. For all users of LBank Exchange, the MVD1/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on April 1, 2022.
The blockchain, DeFi and metaverse spaces have been expanding rapidly since their emergence while creating lots of great investment opportunities. Aiming to be the world’s smartest DAO-directed treasury, Metavault (MVD1) allows anyone to participate in the latest and most profitable projects and strategies in these spaces. Its native token MVD1 will be listed on LBank Exchange at 20:00 (UTC+8) on April 1, 2022, to further expand its global reach and help it achieve its vision.
Introducing Metavault DAO
Metavault DAO is a blockchain-based, community-governed investment platform and decentralized venture capital vehicle that allows anyone to participate in the latest and most profitable blockchain, DeFi and metaverse projects and strategies.
As a DAO, Metavault will be directed and governed by the very people that use the platform, with all decisions taken democratically by the members of the DAO. This is in direct contrast to the way in which the traditional financial market operates, where centralized institutions dictate policies and the customers or ‘users’ have no choice but to acquiesce. Every decision taken by the Metavault DAO is done so with fairness and full transparency for all community members to verify.
There are also mechanisms in place to ensure fair earnings distribution between investors, while the open-source nature of the project allows anyone to see the Metavault code, which also undergoes annual audits to ensure it remains secure and fair.
The core team of Metavault is highly experienced and motivated with in-depth market knowledge and a desire to disrupt the DeFi 2.0 space. And the highly skilled developers of Metavault can analyze, develop, and deploy smart contracts to maximize earnings from open-source projects. Metavault doesn’t exist to serve whales and increase their holdings. The team has developed the protocol for investors of any size, to allow anyone who has lost out in the great fiat currency experiment a chance to actually make their money work for them for a change.
The Metavault protocol creates value via bonds, staking and returns from investments, as well through partner protocols and platforms e.g., the trading platform. It is the premiere DeFi ecosystem, mainly on the Fantom blockchain, and aims to be the world’s smartest DAO-directed treasury, applying unique strategies based on holistic research. Offering transparent revenues, superior yield strategies with in-house development, Metavault scours the crypto landscape for disruptive new projects or protocols and allocates treasury funds into the most promising instruments at an early stage to capture the best rewards.
About MVD1 Token
Metavault was created as a method of addressing the cryptocurrency world’s over reliance on fiat-backed stablecoins. The decentralised reserve currency protocol is based around the native MVD1 token, the value of which derives from a basket of assets under Metavault’s control, known as the ‘treasury’.
The MVD1 token is not pegged to a specific fiat value like regular stablecoins. Rather, it operates as a store of value, using the treasury to back the issuance and value of MVD1 tokens. Instead of borrowing it like stablecoins do, Metavault owns its liquidity.
Whenever the price of MVD1 falls below the backing price, the protocol buys back and burns MVD1 tokens to maintain this price, ensuring that the MVD1 Price will be held above the calculated backing price. The Metavault treasury holds enough reserves relative to the total supply to be able to keep buying and burning tokens whenever necessary.
MVD1 will be listed on LBank Exchange at 20:00 (UTC+8) on April 1, 2022, investors who are interested in Metavault DAO investment can easily buy and sell MVD1 token on LBank Exchange by then. The listing of MVD1 on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
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