MatrixSwap (MATRIX)

IDO

Last updated: Sep 26, 2021

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

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Overview

Project industry	Blockchain Infrastructure / Multi-Chain Platform / Polkadot Ecosystem / Cardano Ecosystem / DeFi / Polygon Ecosystem
Product type	DeFi
Whitepaper	Open

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.

Details

IDO (CardStarter Launchpad): Sep 10, 2021 - Sep 11, 2021
Token supply: 100,000,000 MATRIX

Legal

Blockchain Platform: Polkadot, Cardano, Polygon
Registration year: 2021

Token info

Ticker: MATRIX
Token standard: ERC-20
Token distribution:
Public - 2.5%
Private - 12.5%
DEX liquidity - 1%
Eco-system Rewards - 30%
Future Development - 32%
core contributors - 14%
Advisors - 8%