We are pleased to announce our next AMA on August 31st 2021 at 03:00 PM UTC Time: Satoshi Club x Matrix
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Matrix Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Matrix Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Matrix
For more details:
Matrix Website – matrixswap.io
Matrix Telegram – @matrixswapofficial
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Whiles reading from your website, I discovered that Matrix swap is going to operate as a decentralized DEX with the aim of solving all the challenges that come with centralized exchanges, including market manipulations. Also, I noticed that Matrix swap will allow users to trade perpetual futures with a leverage of up to 25×. But not just that, this swap is going to work as crosschain bridge on both the Ethereurm, Polkadot and Cardano blockchain. This really sounds like a perfect plan. However, you mention that Matrix swap will include a feature called Virtual-AMMs, which do not require liquidity providers. Therefore, Matrixswap has no volume limitations. Can you please explain this key feature in a layman’s understanding? How will this Virtual-AMMs work?
$MATRIX swap will also have on-chain referral program that allows users to earn 2% of their referrals trading fee for life. This is another amazing incentive to all users of your swap platform. I really want to participate in this referral program, but my question is, is there any specific requirement for one to qualify to participate in your referral program? Do I need to be a holder of the $MATRIX token to qualify for this referral program? If so how much tokens must I hold to qualify?
$MATRIX swap is not just going to operate as any DEX, but a cross-chain DEX that even allows users to trade perpetual futures. A DEX built on the Ethereum, Polkadot and the Cardano blockchain. May I ask why you excluded the BSC-Chain(Binance Smart Chain)? Because I know a lot of users are now familiar with the BSC-Chain due to it low gas fee, and I think including it as part of your cross-chain will help your DEX to gain much popularity. So can you tell us why you did not include the BSC-Chain?
I found that Matrixswap was deployed in the Polkadot chain. But I’m curious why your vAMM system from dApp will be launched on eth testnet as well as eth main network. Can you explain why vAMM dApp uses a different ETH chain than y our platform on Polkadot?
Price of Matrixswap’s permanent contracts will be determined by the virtual AMM, but really this virtual AMM used in Matrixswap does not have unique algorithmic features?Or will it be exactly the same as AMM used in other derivative platforms but adapted only to synthetic assets?
One problem that any exchange faces is low capitalization and poor liquidity, so can you tell us how Matrixswap guarantees enough Liquidity for its tokens? Do you use any Liquidity Aggregating Protocols?
Matrixswap is using a virtual AMM, can you please tell us more about it? Why do you call it virtual, does it have any specific functions that make it different from the traditional AMM used by other exchanges?
Wow such an amazing project you have here. So it would be a pleasure if you can tell us the faces behind the great idea of #MATRIXSWAP? Please share some informations about your incredible team and how’s each member’s expertise bring unique perspective to the project?
Since Matrix plan to run its own validators (and may be miners) after public validating/mining begins, how many validators (and miners) do you plan to run? How much [will] each staked? What’s your plans with those rewards which matrix’s own nodes will get?
I saw an ad about your Red Pill NFT giveaway. Can you tell us more about this event, how can we join and what are the possible rewards?
In any project, the entity that manages the resources is very relevant. By knowing this, may I know how Matrixswap selected their management, and how do this management will perform and act in the future? Are they close management practicing anonymity, or an open one?
On Q3 2021, you set to launch your Public IDO and DEX Listing. So,can you share some details about the Matrixswap Public IDO? How can anyone be whitelisted? Where and when your Public IDO be held? Which DEX exchange you plan to be listed after Public IDO? How about CEX exchange?
It caught my attention that MatrixSwap right now is currently doing a huge NFTGiveaway with “charged” $MATRIX tokens, can you tell us more about this? How can people participate in this event? What does “charged” tokens mean? What benefits do users get from winning on this? And I saw an ad about your Red Pill NFT giveaway. Can you tell us more about this event, how can we join and what are the possible rewards?
It caught my attention that MatrixSwap right now is currently doing a huge NFTGiveaway with “charged” $MATRIX tokens, can you tell us more about this? How can people participate in this event? What does “charged” tokens mean? What benefits do users get from winning on this?
The most important problem that DeFi projects like Matrixswap have to solve is the problem of providing LIQUIDITY. Could you share with us the details about the solution your team found to solve the Liquidity problem?Could this solution of yours be an example for DeFi in general?
I found that Matrixswap was deployed in the Polkadot chain. But I’m curious why your vAMM system from dApp will be launched on eth testnet as well as eth main network. Can you explain why vAMM dApp uses a different ETH chain than your platform on Polkadot?Price of Matrixswap’s permanent contracts will be determined by the virtual AMM, but really this virtual AMM used in Matrixswap does not have unique algorithmic features?Or will it be exactly the same as AMM used in other derivative platforms but adapted only to synthetic assets?
Hi sir,According to your platform, the only leverage in question is 25x, and it basically seems risky for traders who don’t have a lot of margin. Is there more leverage in your platform, the least and highest leverage that someone can use when trading on your platform?
You have allotted 30% for Ecosystem benefits in your Tokenomics, which attracted my eye. Why have you placed such a high value on incentives? Could you tell us what kind of benefits your community will have to look forward to?
On Q3 2021, you set to launch your Public IDO and DEX Listing. So,can you share some details about the Matrixswap Public IDO? How can anyone be whitelisted? Where and when your Public IDO be held? Which DEX exchange you plan to be listed after Public IDO? How about CEX exchange?
Matrixswap White paper – (INTRODUCTION) Matrixswap as a decentralized virtual-AMA- based perpetual swaps trading protocol deployed on the Polkadot and the Cardano blockchain. Unlike traditional AMMs, users can long or short and 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. QUESTION, what are the advantages of these innovations of yours to the investors and the blockchain users? I equally observed that your white paper was last updated (2) months ago, are there new informations or development which you may want us to also know about Matrixswap after since the last update 2 months ago?
Matrixswap NFT Giveaway- I understand that Matrixswap in preparation for it’s highly anticipated IDO launch on Cardstarter (date coming soon), shall be hosting an incredible giveaway for it’s growing community via it’s unique” Red Pill” NFTs on giveaway to Matrixswap supporters. Whats criteria for eligible
Matrixswap aims according to your White Paper is to be a fully Community-owned and governed Defi protocol in the long run. Aside the community, who are Matrixswap Partners? MATRIXSWAP Tokenomics- stakeholder for public is 2.5% allocation with 2.5M Token Amount on vesting schedule 100% unlocked on TGE at price $0.10 on Fully Diluted valuation at $10M. My question is what is the good news of this outlook for the public investors in a more simple parlance?
Matrixswap’s vAMM or the “Virtual Automated Market Maker” is a revolutionary way of letting traders explore vast variety of assets and trade with an infinite amount of liquidity. This concept also diminishes the risk of zero impermanent loss because liquidity provision is not required at all. This product of your is truly helpful for skillful traders with big volumes. May I know, Can traders use your vAMM to trade traditional assets just like stocks, commodities, forex and gold? Does your vAMM may support and cater other assets that aren’t related to cryptocurrencies?
I have learned that Matrixswap’s DEX will be offering traders vast selection of cryptocurrencies, from the major ones like Bitcoin, Ethereum and Cardano up to those hidden gems/tokens. To provide flawless trading and swaps, actual or precise price feeds and information about these cryptocurrencies must be acquired and gathered for your DEX and in doing so, Matrixswap must use ORACLE and its features. May I ask, what oracle provider you will be implementing on your platform to ensure that your users get the best value/prices they can get?
I’ve reviewed your whitepaper and I was stumbled upon reading your tokenmetrics. There shows the distribution of your token as well as vesting schedule for each stakeholder/group who will receive the tokens and I was curious about one stakeholder, the “Core Contributors” to be specific. They are given a 14 percent token allocation which is about 14,000,000 $MATRIX. May I know, who are these “Core Contributers”? What are their roles in your project and Matrixswap’s ecosystem? Also, how are they different from your Advisors?
As New Crypto users are Increasing day by day & Its great to see so much Basics Knowledgable Article are avaipable on the Matrixswap Website, What was the motivation to start with it?
Why do You think it was Important?
I see Matrixswap Has 4 components i.e.
*Construct
*Nebuchandnezzar
*Oracle,
*zionDao
Could You please tell us more about these Components?
How does Matrixswap Provides Infinite On-Chain Liquidity?
As Matrixswap Deployd on Polkadot & Cardano blockchain,
What’s the plan to deploy on other Blockchains as well?
As Matrixswap Provides an “EMERGENCY NUKE BUTTON”, Could you please tell more about it?
When does it come to action & What is the technology behind it?
If I see the Roadmap of Matrixswap in Q2 2021, It had Funding from investors & Oracle partnership, & many more,
then I must say this phase was very important for overall growth of project
How has been this Phase?
Is anything left for the development?
Hello MatrixSwap team… MatrixSwap is a decentralized Virtual-AMM based perpetual futures exchange deployed on Polkadot and Cardano. It caught my attention that you have chosen those two networks. Why Polkadot and Cardano? What are the specific reasons for choosing each of them? Why did you decide not to choose the most popular networks like Ethereum and BSC? Have you considered integrating other networks such as Solana? Have you also considered integrating Ethereum and BSC in the future or have you discarded that idea? Thank you!
You have mentioned that centralized exchanges are slow to list market pairs. To solve this problem, Matrixswap is ready to list new market pairs as soon as assets become tradable. However, the reason for taking a long time period to list a pair may be a reasearch related purpose. If you are going to list new assets without any examination, don’t you think Matrixswap will be a platform for shit coins? As a result, your pairs may vanish or assets may be undervalued without any notice. How do you face this kind of situation which can be a bitter experience for users? Although your step is superficially attractive, don’t you think there is a sustantial drawback? Instead of researching about the capability of a project for some time, why did you decide to list the pairs soon?
One of your features is the long or short option for any crypto asset with up to 25x leverage. Don’t you think this leverage is too risky for traders? Recently, Binance Futures cut leverage limit to 20x. A day later, FTX also announced the same. What is your idea about the decision of these exchanges? All traders are not good at money management. Therefore, don’t you have an idea to cut your leverage limit for the betterment of traders?
A considerable portion of 30% has been allocated from your total supply for eco-system rewards? What are the utilities of this allocation? Do you conduct community events? Can we become eligible to receive rewards from this allocation by participating in those events? Further, you have introduced yourself as “a world without rules and controls, without borders or boundaries”. However, there is a 14% allocation for the team from your total supply. If Matrixswap has no rules and controls, what does the team do to receive a portion of 14% from the total supply?
There is something very very interesting, while most decentralized derivative trading platforms face liquidity concerns, Matrixswap vAMM offers trades with up to 25x leverage with infinite on-chain liquidity. What makes this possible? What mechanism does MatrixSwap use to guarantee infinite on-chain liquidity? Where does that liquidity come from?
What are the main components with which Matrix interacts, such as the safeguarding of funds, what is the protocol to guarantee their custody, how does its governance system work, the token holders have the right to participate and vote in the decisions of the Matrix, Besides Cardano, Polkadot and Polygon plan to add other chains, what is their trade model that they plan to implement?
What are the conditions for the assets to become tradable on other decentralized exchanges such as Uniswap, SushiSwap and Pancakeswap, which is the nuclear emergency button And what is it for and how it works, do you consider that the buyback and burn system is sufficient to guarantee stable liquidity levels and tokens in circulation, what do you consider it appropriate to add to the MatrixSwap structure to make it more efficient?
Because traditional CEXs do not allow users to take advantage of price movements without having funds locked in an exchange account, do you consider that centralized exchanges (CEX) such as Binance, Coinbase and FTX come to list several promising altcoins, such as This benefits the sustainability of a project, which means that Matrixswap provides the new economy with the ability to trade 25x leverage with infinite chain liquidity, without liquidity provision, can you explain these points to us in a simple way, for beginners?
Matrixswap provides users an Emergency Nuke Button that allows users to convert multiple (or all) tokens into one single asset under one transaction. Can you explain a little more about how this emergency button works? How easy will it be to configure the emergency button? How will the fee that we must pay to carry out this transaction be calculated? Will it be a single fee or will it be multiple fees added?
Not only will MatrixSwap focus on major assets like BTC and ETH, but it will list new market pairs as soon as assets become tradable on other decentralized exchanges such as Uniswap, SushiSwap, and Pancakeswap. This is a great opportunity for traders. How long will it take for the new market pair to be added to MatrixSwap? Approximately how long would the waiting period be? Will each of these new market pairs be added or will there be conditions that must be met? What are the possible exceptions?
I read that Nebuchadnezzar (Your DEX aggregator) will allow users to enable stop loss and limit orders to vAMM. However, the feature that caught my attention the most is multi-token swap. You said users can use this feature to swap multiple token into a single token in a single transaction as well as use a single token to buy multiple tokens with a single transaction click. Can you explain how these multi-token swap work and what mechanism you use to ensure that your DEX will be able to fetch the multi-tokens needed when a single transaction request is initiated? How about the gas fees incur for this type of transaction? Won’t it also accumulate or can this save gas? What happen if there is a slippage-impact on one of the token to be swapped in the multi-tokens? Will the other transaction be executed or will the entire swap operation fail?
The Matrixswap IDO is the next step in your mission to bring a community-first, multi-chain perpetual swaps trading platform for all. To support this initiative you havve created an Initial DEX Offering (IDO) on September 7th, 2021.My question is,Which DEX will your IDO be hosted on?For users to participate in your IDO,what will be the percentage of $MATRIX each user should hold?Can you share further details of your IDO event and the qualifications of participating in it? Thanks
Matrix is currently being deployed on Polkadot, Cardano and Polygon. Why did you start with these three blockchains rather than Ethereum and Binance Smart Chain which has an established population of ripe investors? Will this mean that your platform will be able to leverage cross-chain liquidity and enable swap interactions across any of the chain? Do you have your own bridge that can facilitate Inter-Chain transaction movement? And apart from these present chains that your protocol is presently able to adapt to, are there plans for more blockchain support?
You will operate a zionDAO with the aim of giving users the right to propose changes to the protocol and overall project direction. However, governance will not be available to users for the first 6 months of MainNet launch. At what time will these features be released? What does it involves for users to be part of ZionDAO community Council? Which activities will users be able to deliberate, propose and vote on? What does it take to create a proposal and how are consensus agreement reach?
Presently, Matrix have two giveaway taking place for those who are interested in winning $MATRIX token,One is the “Red Pill NFT Giveaway” where 32 NFTs are “charged” with $MATRIX token,And you have also launched your “Whitelist Lottery”” which guarantees 20 whitelisting allocations to some selected participants.When will both giveaway last?Can you give us details on how we can also participate in the giveaway?For the whitelisting lottery is KYC process required?Apart from this 2 giveaways,will you also airdrop $MATRIX token to interested users? Thanks
one of the big issues with centralized exchanges as mentioned on your website is that they are subject to manipulations and attacks and also Slow to list market pairs.. Does this mean that Matrix swap is immune to manipulations and attacks and will be prompt in listing of market pairs, how does matrix guarantee safety of users funds and the freedom form manipulations or attacks, in cases where unavoidable attacks happen how prepared is Matrix swap to handle them to protect ther users….
It is stated in your whitepaper that in order to ensure perpetual contracts price inside The Matrix converges with index price in the real world, Matrixswap introduces an hourly funding rate.. so how does this funding rate mechanism work, how is this hourly funding rate maintained, how is the funding rate obtained, and what are the factors that affects this funding rate
On your Roadmap Q4/2021,you plan to launch your own On-chain Referral Program,Can you further explain how this will work? For referring a friend,what will be the percentage earn and for how long will it last?Will I generate a link of my own for my referrals or once I join the program I will immediately have a referral link? Will I also give a personal information about myself before I can join the program? Thanks
The Matrix team recently announced the launch of its Initial DEX Offering (IDO) on September 7th, 2021 on Cardstarter. When will the registration process begin to be able to participate? What are the steps to apply to the whitelist? Why did you decide to carry out the IDO on the Cardstarter platform? Your aim is to allow anyone in the world access to futures trading without any barriers or restrictions on participating in this new economy. Does this mean that we can participate in the IDO from any country, without any restrictions?
It has come to my attention that MatrixSwap is a DEX that is implementing a new protocol called Virtual Automated Market Maker, could you tell us about what this new protocol consists of? Why did you decide to use it? What are the advantages it has over AMM? Why are liquidity providers not necessary here?
DeFi investors face three major problems: Lack of Liquidity, High Slippage and Impermanent Loss. How can MatrixSwap solve these problems? Don’t they generate any others by solving them?
One of Matrix’ solutions to slow listings of market pairs, is to list assets as soon as they become tradable on Uniswap, SushiSwap, and Pancakeswap. Will this be an automated process? I believe there are some risks with this method, so would you tell us how you plan to minimize the risks of there being a lot of scam coins listed on your platform? Will users be able to report pairings with suspicious tokens and get them taken down? Won’t you implement any contract scanning mechanisms?
Matrix token has two main functions. 1. Utility. 2. Governance. To access the premium trading features, users will need to have MATRIX tokens in their wallet. What are the premium features offered by the Matrix token? What requirements must a user meet to access these premium features?
I would choose the DEX matrixswap aggregator for the reason of multi-token exchanges. They will also offer stop loss in the future. so matrixswap will become a great risk management tool for investors, traders and degens. What other products and features do you intend to introduce matrixswap to make the platform more attractive to investors?
matrixswap was created to solve a set of specific problems that you were experiencing when operating with DEX. so instead of paying commercial fees out of the pocket of the business, you want to benefit the community. Can we define matrixswap as a non-profit platform? How is the platform ecosomically supported? Do you think the platform solves most of the problems experienced with DEX?
I think that the main differentiator of MatrixSwap Nebuchadnezzar with other DEX aggregators is your multi-token swaps, I see that you use AMMs to share liquidity and make this mechanism possible, but how does this “multiple” route affect the speed of the system and the cost of the transactions? Also, in your docs you mention Polkaswap, Polkadex and Sushiswap and one more TBA, could you tell us which one will be the latter?
Currently the giveaway of your NFTs is in progress and I am curious about the background behind the “Red Pills”, could you tell us what is the meaning of your NFTs and what differences will they have if they are RARE, EPIC, LEGENDARY? How are Red Pills part of the solutions in your ecosystem?
In their Roadmap they indicate that this Q3 would be the public List of IDO and DEX, therefore, could you give us details if it was already done or when it will be done? If it hasn’t been done yet, then how could we participate in it?
I could get you to do a last NFT raffle, could you give us details of when it will take place and how we can participate? Also, will this NFT have any use on your platform? or just for collection use? And really why will it be the “last” they will do?
Are the Virtual Automated Market Maker (vAMM) developed exclusively and for the exclusive use of MatrixSwap? Or do many other projects have already incorporated these products into their projects?
Could you tell us about the partnerships that MatrixSwap has and the next ones that it plans to establish? Are you really backed by large projects, both traditional and decentralized finance? Or is that really one of your goals that you have not yet achieved?
The “Nuclear Emergency Button” product caught my attention, which will convert several tokens into a single asset, but could you really detail more about its operation? And also, for what purpose would you exchange different tokens for a single asset?
I understand that MatrixSwap has a cross-chain bridge, but will this only be limited to connecting liquidity from Ethereum to Polkadot and Cardano? Or will it also allow swap and operation with leverage between chains?
I have only operated with leverage in centralized platforms, so could you explain to us how it will operate in MatrixSwap? It will be exactly the same, only that we will have to link the Dex wallet to its platform?
I read that Matrixswap has no volume limitations, but does that mean they won’t have a problem with large whale withdrawals? Or will they also implement a mechanism that limits withdrawals to avoid market downturns?
I could read that MatrixSwap will not have the problems of other MMAs that implement high slippage for new markets, but really what other mechanism will substitute slippage on their swap?
Could you tell us a little about why to develop your Virtual-AMM in the Polkadot and Cardano networks? What benefits do these networks provide that they do not find in other blockchains?
I was able to read that MatrixSwap WILL NOT COUNT ONLY THE MAIN PEERS, but will seek to enable the peers of other projects from THE FIRST DAY, but the rest of the list will be by some study that prevents them from being Scam projects or at least the decision of the community?
It catches my attention that Matrixswap proposes a world without rules or controls, without borders or limits, where everything is possible, but is it possible to live in this world without rules without worrying about suffering any attacks, SCAM projects or major market failures?
Could you please explain the differences and benefits of Matrix 1.0 and Matrix 2.0 solutions?
Platform adoption and awareness are critical for both creators and users! So, what are your intentions to attract more users, creators, and non-crypto users?
Fund hacking/stealing is an ongoing issue on all platforms. So, how safe is the fund that will be maintained on Matrix AI? What happens if there is an issue with the number of users on Matrix AI?
I’d want to inquire about the $MAN Burn System. Do you have a burn system for your project? If so, how does your burn system function?
MatrixSwap has a Cross-Chain Bridge feature, that connects liquidity from Ethereum to Polkadot and Cardano blockchains. Considering that the TPS and fee amount of each of those blockchains is significantly different, how is the transaction time among blockchains handled? Is any extra fee taken? Since ETH fee is the highest, how is this Managed while using MatrixSwap?
Matrixswap listing strategy includes that the platform will list new market pairs as soon as other DEXs such as Uniswap or Pancakeswap do. I understand that this can be effective to increase adoption and make the DEX more usable and popular, but it has happened also that some coins are early listed and end up being scam l, will the platform have any filter to leave out potential scams and protect users?
Matrixswap is a multi-chain exchange that can operate with Ethereum, Polkadot and Cardano, but apart of these 3 EVM- compatible chains, do you have plans to keep growing the amount of chains that you support? Which other chains would you like to add?
Commonly a dex cannot support the nature of the futures market due the poor liquidity, so how Matrixswap guarantee the enough liquidity to its operations?
I read that you currently have two giveaways available to those users who are interested in winning MATRIX tokens. I am interested. One of those giveaways is the Whitelist Lottery which guarantees whitelisting allocations for selected participants. I want to know more about that one. Do we still have a chance to participate in that one? How many winners will there be in that lottery? When will the winners be announced? What must we do to participate?
Through your platform, traders will have the opportunity to specialize in any asset from day one, “not just the major pairs”, could you tell us how is the process to create a new pair? Also, how could this speculation influence the market?
The blockchain of MatrixSwap was deployed on Polkadot and Cardano. Regarding to this aspect,what features of these blockchains were adopted by the project, and which ones were not? As a result of this fusion, what new features are allowed by the combination of both blockchains, that wouldn’t exist in the blockchains separatedly?
The platform of MatrixSwap was created with the vision of a world without rules and controls, no borders nor boundaries. This concept in a financial enviroment sounds like anarchy, under this concept any scam, rug pull and malicious behaviour would go on without any regulation to stop it and users may suffer the consequences losing their funds. How can this enviroment be secure for users to manage or hold their finances?
$MATRIX is the governance token of #Matrixswap. So can you tell us, what are the benefits of holding your $MATRIX tokens? As a holder of $MATRIX, can we have the rights to govern the MatrixSwap system? If so, can you name some of the MATRIX’s governance rights?
Wow such an amazing project you have here. So about your core team, it would be a pleasure if you can tell us who are the faces behind the great idea of #MATRIXSWAP? Please share some informations about your incredible team and how’s each member’s expertise bring unique perspective to the project?
#Matrixswap is a decentralized virtual-AMM-based Perpetual Swaps trading protocol deployed on Polkadot, Cardano and Polygon.. So about the Matrixswap #vAMM, can you elaborate clearly the differences between your vAMM and the traditional AMMs used by other platforms and what it offers? Also “Perpetual Swaps” is new to me, so could you explain too what is #PerpetualSwaps and does it carry amazing features? If so, can you name them? Thank you.
Amongst the numerous services and products as outlined in your roadmap, is the Yoroi wallet integration and Matrixswap V1 Cardano Mainnet launch; all set to be rolled out in Q4 2021. Most AMM providers have at a point developed a dedicated wallet to cater for users preferences and trade activities. Therefore, can you talk about the “Yoroi” wallet integration, is it a native wallet of Matrixswap or a third party wallet, and what features will be integrated to this wallet. Finally, you have made considerable effort towards Cardano chain integration and deployment. Can you tell us the features and products that would be available with your Cardano Mainnet launch?
Matrixswap has dutifully taken steps in protecting user assets and as such has provided systems and products to mitigate these unforseen challenges. In furtherance of this, Matrixswap sets up the Insurance Fund; a vault that ensures the stability of the Matrixswap protocol. Even as important as this feature is, can you carefully explain the underlining functions of the Insurance Fund, how is this special vault funded and sustained, and finally can you list other security features adopted and integrated within the Matrixswap protocol to ensure a safe, transparent and reliable vAMM service delivery?
Commonly the tokens have special usages in its native ecosystem, so can you explain us what are the special uses cases of the matrix token in the platform? Discounts?
I just realized that your native token Matrix have 30 % of its supply destined to “Rewards”, so can you explain us how users like use can we take part of it?
ZionDAO will be launched approximately 6 – 9 months after the Mainnet launch of Matrixswap and ZionDao will be your governance mechanism. At this stage, you xpect the ZionDAO community council will be able to propose, vote, and implement upgrades and changes to Matrixswap. So,can you describe more about your governance mechanism which is the ZionDao?Why do you choose ZionDao to be your governance mechanism? Do you have a separate ZionDAO community council to help for the decision-making of Matrixswap network? What are the other role of ZionDao in your platform? Does this governance mechanism is good for long-term? Thank you
Hi MatrixSwap!
MatrixSwap advertises itself as unbounded from liquidity provision. Virtual-AMMs do not require liquidity providers. Therefore, Matrixswap has no volume limitations while also offering infinite on-chain liquidity! Please tell us more about this exciting feature! How exactly does this system work and how do you achieve infinite liquidity? Also, traders in the vAMM futures markets heavily rely on accurate price feeds for funding rate calculations. What sources will Matrixswap use to gather accurate price data? Do you average data from several oracles to make sure any single hack will not affect the data?
Thank you!
Hi MatrixSwap!
The Matrixswap team is engineering a fully decentralized virtual automated market maker (vAMM)-based perpetual swaps trading protocol that trades on both Cardano, Polkadot, and Polygon blockchains. I see that Matrixswap distinguishes itself from traditional AMMs by offering leveraged perpetual swaps. You also claim that users can indefinitely hold long or short positions in any asset, leveraged up to 25x. Could you please explain how is it possible to hold leveraged positions indefinitely? Won’t there be a liquidation event once the collateral falls below the certain threshold?
Thank you!
Greetings Matrix, how to start your project, if it offers you a world without rules or controls, we cannot do what we want on your platform, if you do not allow it, that is a rule, what would be your strategy to use, to avoid the attacks and manipulations of the market? and manage to avoid trade volume restricted by other Dexes. explain these points to us. to understand better.
One of the Key feature of Matrixswap is you offer a Long or Short any Crypto Assets with up to 25x Leverage and a 100% on-chain and non-custodial trading. So,why you only offer up to 25x leverage whereas other platforms offers up to 100x leverage? Do you plan to offer more than 25x leverage in Matrixswap in the future? What is the advantage for having a 25% leverage? If you offer up to 25% leverage to a Long or Short any Crypto Assets,how much would be the minimum leverage? How risky is to operate with 25% leverage in your platform? Lastly,can you explain more about the non-custodial trading? How does it works and why does apply non-custodial trading in your platform? What advantages with this kind of trading? Thank you
Hi MatrixSwap!
I’d like to ask about the DEX aggregator feature of MatrixSwap. We all love to be able to place a stop loss for our orders or purchase an asset at a better price via the limit order. Will limit orders work together with the interesting multi-token swap function that you advertise? Imagine not only swapping multiple tokens for a single token in a single transaction and at the prices you want! That’d be a killer feature for sure!
Could you please also share some details about the multi-token swap functionality? How do you make sure all transactions are finalized in one block, can there be slippage problems with some of the tokens and transaction may only partially complete? Or will you revert it all if some tokens failed to swap in a timely manner? And lastly does the multiswap save gas by combining multiple transactions into one?
Thank you!
How would the exchange function in Matrix be, can several tokens be converted into a single asset, and in how many transactions can it be converted? What would this function be called, tell us about this point, and what would be the percentage of chain negotiation and how does Matrix manage not to have volume limitations?
Matrix account, with a recommendation program, that motivates to invite friends, what would be the percentage of profits from commercial commissions for inviting and how long would it last? Explain this function better to us, to be able to invite and motivate the referral.
You have distinguished four kind of MATRIXSWAP Components that MATRIXSWAP built on, called Construct, Nebuchadnezzar, Oracle & ZionDAO. What are these four major components? How will these components help to enahnce the growing area of crypto exchanges?
MATRIXSWAP integrate a Cross chain bridge from Ethereum to Polkadot & Cardano in order to connect more liquidity. When Converting Eth to other blockchain networks, It cost a higher gas fee as I know. Did you consider about this matter before add the Ethereum network in to MATRIXSWAP? How will you recoup the gas fees, Will you increase trading fees to recoup the losses from gas fees? So when will others blockchain networks be added in to Cross chain bridge in order to gather more traders towards the MATRIXSWAP?
Fourth Quarter of 2021 is a most important quarter on MATRIXSWAP Roadmap since it launch special events & programs. But I really want to know about Limit orders & Stop loss since I like to trade & earn some real money. Could you please give more details on this? Do your exchange have adequate liquidity to operate these options precisely? Will you integrate Technical indicators & candlestick charts in addition to Limit orders & Stop loss options? How about the Trading fees, you hope to incur after you launch?
You intend to launch Your IDO on CARDSTARTER on 07th of September. Can you give more details on this upcoming IDO event? When is the exact day for IDO registration? Should we have to follow a KYC process when registering? What is the maximum & minimum amount, you allow to the investors in buying some $MATRIX tokens? How much is the price of a $MATRIX token? Are there any ongoing whitelist competition so that users can easily take whitelist spot by winning?
You have lot of Advisors from various platform which are more popular now in crypto Sphere such as VARYS CAPITAL, KYLIN NETWORK, ANRKEY X etc. Actually do you have collaborations with them? How will they interact with you? Will they provide ony consulting or do they hope to fund in to Matrixswap platform? Can you tell us about your current partnerships in present & upcoming partnerships in future?