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MatrixSwap (MATRIX)

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Status
IDO

Decentralized multichain perpetual swaps deployed on Polkadot, Cardano, & Polygon.

MatrixSwap White Paper Whitepaper

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Interest lvl
Medium
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User Rating
Medium
3/5 1 votes
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Ticker
MATRIX
Token standard
ERC-20
Registration year2021

What is MatrixSwap

Matrixswap is a decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot and the Cardano and Polygon [Ethereum Layer 2] blockchain. Unlike traditional AMMs, users can long or short any assets' perpetual contracts with up to 25x leverage. While most decentralized derivative trading platforms face liquidity concerns, the Matrixswap vAMM offers infinite on-chain liquidity.

Matrixswap also offers a DEX aggregator that features multi-token swaps, allowing users to batch several tokens under one transaction.

Matrixswap aims to be a fully community-owned and governed Defi protocol in the long run.

MatrixSwap Roadmap

1
2020 Q3
  • Idea generation
  • Research process begins
  • Peer-review of alpha product blueprint
  • Development preparation
2
2020 Q4
  • Core team formation
  • Paper completion
  • Development begins
3
2021 Q1
    vAMM architecture testingCross-chain bridge Research and DevelopmentPaper reviewed and finalized
4
2021 Q2
  • Initial funding From Investors
  • Oracle Partnerships
  • Moonbase Alphanet Testing
  • In-house Oracle Development
  • Staking and Rewards Smart Contracts
  • Emergency Nuke Button Research and Development
5
2021 Q3
  • Public IDO and DEX Listing
  • Liquidity Mining Program
  • Cardano Plutus Smart Contracts Integration
  • Cross-chain Bridge dApp Development
  • DEX Aggregator on Polygon
  • Deployment on Moonbeam Testnet
  • Emergency Nuke Button Deployment on Moonbeam Testnet
6
2021 Q4
  • Bug Bounty Program
  • Matrixswap V1 Moonbeam Mainnet
  • Multi-chain AMM Price Feed
  • On-chain Referral Program
  • Limit Orders and Stop Loss
  • Testing and Deployment on Cardano Testnet
  • Multi-chain DEX AMM Aggregator
7
2022 Q1
  • Governance Launch
  • Cardano Oracle Implementation
  • Emergency Nuke Button Deployment on Cardano Testnet
  • Yoroi Wallet Integration
  • Matrixswap V1 Cardano Mainnet

Token Sale Dates

IDO

Start date: Sep 10, 2021
End date: Sep 11, 2021

Token Allocation

Total Token Supply 100,000,000 MATRIX

Token distribution


Public - 2.5%
Private - 12.5%
DEX liquidity - 1%
Eco-system Rewards - 30%
Future Development - 32%
core contributors - 14%
Advisors - 8%

Project team

JOSEPH LIU
JOSEPH LIU
CORE CONTRIBUTOR
JOSEPH LIU linkedin-team
JAKIE LEE
JAKIE LEE
CODE CONTRIBUTOR
JAKIE LEE linkedin-team
RYAN JUN
RYAN JUN
CODE CONTRIBUTOR
RYAN JUN linkedin-team
ALBERT LIU
ALBERT LIU
CODE CONTRIBUTOR
ALBERT LIU linkedin-team
DANNY CHAN
DANNY CHAN
CONTRIBUTOR
DANNY CHAN linkedin-team
GLENN BONA
GLENN BONA
CONTENT CONTRIBUTOR
GLENN BONA linkedin-team
CHRIS ALLEN
CHRIS ALLEN
DESIGNER
CHRIS ALLEN linkedin-team

Advisors

DARIUS ASKARIPOUR
DARIUS ASKARIPOUR
MANAGING PARTNER VARYS CAPITAL
DARIUS ASKARIPOUR linkedin-team
BEN LAKOFF
BEN LAKOFF
CO-FOUNDER CHARGED PARTICLES
BEN LAKOFF linkedin-team
DYLAN DEWDNEY
DYLAN DEWDNEY
CEO KYLIN NETWORK
DYLAN DEWDNEY linkedin-team
JOEL KOVSHOFF
JOEL KOVSHOFF
CMO ANRKEY X
JOEL KOVSHOFF linkedin-team
LESTER LIM
LESTER LIM
FOUNDER X21 DIGITAL
LESTER LIM linkedin-team

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