Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

LBank Exchange Listed Metavault (MVD1) on April 1, 2022

Published

on

Internet City, Dubai–(Newsfile Corp. – April 4, 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 officially available for trading at 20:00 (UTC+8) on April 1, 2022.

 
Figure 1: LBank Exchange Listed Metavault (MVD1) on April 1, 2022

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8378/119081_a86e25e8044ad946_002full.jpg

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 was 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

Advertisement

Metavault DAO is a blockchain-based, community-governed investment platform and decentralized venture capital vehicle that allows anyone to participate in the latest 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 contract. Metavault doesn’t exist to serve whales.

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. 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.

Advertisement

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 was listed on LBank Exchange at 20:00 (UTC+8) on April 1, 2022, investors who are interested in Metavault DAO investment could easily buy and sell MVD1 token on LBank Exchange from then. The listing of MVD1 on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Advertisement

Learn More about MVD1 Token:

Official Website: https://metavault.org
Telegram: https://t.me/MetavaultDAO/
Discord: https://discord.com/invite/b2fPrbmPza/
Twitter: https://twitter.com/MetaVaultDAO/

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.

Start Trading Now: lbank.info

Advertisement

Community & Social Media:

l Telegram
l Twitter
l Facebook
l Linkedin

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]

PR Contact:
ZEXPRWIRE
[email protected]

Advertisement

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119081

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Alpha Liquid Terminal Debuts First Dedicated Web3 Node on ChromeOS to Power AI Trading

Published

on

alpha-liquid-terminal-debuts-first-dedicated-web3-node-on-chromeos-to-power-ai-trading
Continue Reading

Blockchain

Sologenic Appoints Michael McCluskey as CEO to Lead Innovation in Tokenization & DeFi

Published

on

sologenic-appoints-michael-mccluskey-as-ceo-to-lead-innovation-in-tokenization-&-defi
Continue Reading

Blockchain

Bybit Officially Launches Physical Card for Brazilian Users, Offering 2% Cashback and Exclusive Perks

Published

on

bybit-officially-launches-physical-card-for-brazilian-users,-offering-2%-cashback-and-exclusive-perks

Bybit Officially Launches Physical Card for Brazilian Users, Offering 2% Cashback and Exclusive Perks

Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE