MetalSwap (XMT) is a Ethereum (ETH) blockchain token.
Current price: $0.01608. Market capitalization: $32.2M.
Liquidity pool value: $747.
Contract address: 0x3e5d9d8a63cc8a88748f229999cf59487e90721e.
About: "MetalSwap is a decentralized platform that allows hedging swaps on financial <br>markets with the aim of providing a coverage to those who work with commodities <br>and an investment opportunity for those who contribute to increase the shared <br>liquidity of the project. Allowing the protection for an increasing number of operators. <br>At the moment, financial swaps are the most widely used ""insurance"" tool for <br>large-scale exchanges of raw materials such as metals, but everything takes place <br>on centralized markets that require financial hedge and bank credit lines that are <br>not always accessible to all and with ""restrictive"" bureaucratic times. <br>With the concept of an economic incentive, given by the distribution of the <br>governance token ($XMT), the system will have publicly accessible pooled liquidity. <br>Through a set of ""smart contracts"", initially written on Ethereum, the contracts will <br>make it possible to execute swaps without the need for intermediaries, at reduced <br>costs and without time restrictions."




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