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MetalSwap is a decentralized platform focused on hedging swaps in financial markets. It seeks to offer risk coverage to participants involved with commodities, while also giving an investment opportunity to contributors who help grow the project’s shared liquidity. This structure enables protection for a growing number of operators.
Backed by an economic incentive through the distribution of the governance token ($XMT), the system provides pooled liquidity that is accessible to the public. Using a set of “smart contracts,” first implemented on Ethereum, these contracts support swap execution without intermediaries-aiming for lower costs and operation without time limitations.
The governance layer for MetalSwap’s technological infrastructure is a “DAO” (Decentralized Autonomous Organization), represented by all users who hold the project token.
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