Mary | Satoshi Club: <\/strong>Hello\nSatoshi Club! We are happy to announce our AMA session with Mettalex! Welcome\nto Satoshi Club😀<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nMettalex is a commodity derivatives DEX that launches next month on both\nEthereum and Binance Smart Chain<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:\nWelcome to Satoshi Club, @galt42.<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nHappy to be here!<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nHello! Vlad! Welcome to Satoshi Club 🚀<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:Thanks\nfor joining😊<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nLet’s start our AMA! We are all excited about it!<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nYou have a great community here, I am thrilled to address any questions that\nthey may have.<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:\nWe are glad to have you in Satoshi Club!<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>So,\nplease, introduce yourself and tell us more about Mettalex 😀<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nPerfect.<\/p>\n\n\n\n My name is Vlad Dramaliev and I am the Marketing Head\nat Mettalex.<\/p>\n\n\n\n I joined Mettalex because I believe that all\nreal-world financial assets will enter DeFi<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nYour department doing a great job👍<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nAnd Mettalex is doing that for commodities.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>This\nis true!<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nI think that what we are seeing today, makes the case for Mettalex eveen\nstronger<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Mass\nadoption in action!😉<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nUsers are looking into censorship-resistant alternatives where they can trade<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Yes,\ncrazy days😂\nand for sure this all makes play on your side)<\/p>\n\n\n\n Yes, that Gamestop story🤦<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nAnd they are learning about DeFi<\/p>\n\n\n\n We are witnessing a massive, free marketing campaign\nabout DeFi. Mettalex really can’t be launching at a better time<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nPerfect time for marketing, you can even relax a bit😂<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nMettalex will be the only place in DeFi where users can trade iron ore, gas,\nlithium carbonate, copper, steel, and a number of other assets<\/p>\n\n\n\n and we are also planning to launch spreads like\nbtc\/gold<\/p>\n\n\n\n ETH\/GOLD, BTC\/ETH<\/p>\n\n\n\n anyone with a MetaMask wallet will be able to\nshort\/long these with leverage<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:\nYou have great plans and goals!👍<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nThe commodities market is over $20T<\/p>\n\n\n\n we intend to bring that on-chain<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Yes,\nthis market can grow huge<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nIt will grow huge, it is inevitable \ud83d\ude09<\/p>\n\n\n\n And we want to be the agents of that growth when it\ncomes to commodities<\/p>\n\n\n\n We are serving three types of users<\/p>\n\n\n\n 1. Liquidity providers – they can provide liquidity in\nstablecoins (currently USDT only, but more soon) and get trading fees and MTLX\ntokens<\/p>\n\n\n\n 87.5% of all MTLX tokens will go to liquidity\nproviders<\/p>\n\n\n\n that’s unique in the crypto space<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nFair distribution!)<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nThis is a continuous yield farming program, similar to bitcoin mining<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:👍<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nYou provide utility to Mettalex (liquidity), you are rewarded with MTLX tokens.<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>Great!👍 Sounds very good!<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nno large investors, no large team “pre-mine”<\/p>\n\n\n\n 2. Physical commodity holders – Small and medium size\nenterprises will be able to use Mettalex as a hedging tool<\/p>\n\n\n\n Currently they need to go through brokers and pay for\nlarge spreads. We make it cost and capital efficient<\/p>\n\n\n\n 3. DeFi traders and speculators – They get access to\nnew markets, currently unavailable in DeFi<\/p>\n\n\n\n Gold Rocket | Satoshi Club: <\/strong>this\nis especially interesting 😉<\/strong><\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nAnother important feature of Mettalex is the ability to create the markets you\nneed. Any users can create a market, as long as they have access to secure\nreal-world data (oracle)<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\n$GME?😂<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nand we are launching AI-based customizable oracles througgh Fetch.ai, Mettalex\n“mother company”<\/p>\n\n\n\n As long as there is an oracle for it – it can be\nlaunched on Mettalex<\/p>\n\n\n\n So we are aligning the incentives of all these users –\nDeFi-style<\/p>\n\n\n\n The users who have MTLX, can use it in the governance\nof Mettalex<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nAwesome 👍<\/p>\n\n\n\n Is it already working?<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nCurrently, there are few ways to get MTLX – one is in Uniswap (MTLX:ETH and\nMTLX:USDT) or, and this is even better, farm!<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nWhere? On your own platform?<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nWe have a running yield farming program – Mettalex Amplify – that offers\nfarmers over 275% APY<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nand that’s long terms, we are not talking about hours, days or weeks here<\/p>\n\n\n\n amplify.mettalex.com<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nSatoshiclubbers 🚀🚀🚀<\/p>\n\n\n\n Vlad | Mettalex:<\/strong> Anyone\ninterested can learn more here:<\/p>\n\n\n\n https:\/\/medium.com\/mettalex\/announcing-mettalex-amplify-a-high-yield-farming-program-90fb1f5094c8\/<\/a><\/p>\n\n\n\n And btw, the team is Cambridge, UK based<\/p>\n\n\n\n With massive experience in AI and blockchain<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:\n275% APY!<\/p>\n\n\n\n incredible!😁<\/p>\n\n\n\n Vlad | Mettalex: <\/strong>We\nare collaborating with a number of academic institutions including Cambridge\nand Oxford<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nSuper👍 Team is public,\nright?<\/p>\n\n\n\n Vlad | Mettalex:<\/strong> yes,\nbut you need to go to Fetch.ai to get more info<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nWe can😉<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nMettalex Founder is the CEO of both Fetch.ai and Mettalex<\/p>\n\n\n\n He has 10+ experience in the commodities markets and\nis super tech-savvy<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:\nGreat background!👏👏👏<\/p>\n\n\n\n Mary | Satoshi Club: <\/strong>Humayun\nSheikh?<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nA founding investor in the AI project DeepMind that was bought by Google for\n$500m<\/p>\n\n\n\n Yes<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nI see, incredible experience 👍<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:\nThank you very much for the great intro! Ready for community questions? Or do\nyou want to add something else?<\/p>\n\n\n\n Vlad | Mettalex: <\/strong>Very\nexperienced founder, and I have worked with a number in the crypto space<\/p>\n\n\n\n We try to keep the exciting news flowing. We had\nsomething in stock for this week. It’s what the community has been asking us to\ndo for a while. The tests we were performing took a little longer than\nexpected, so we will have to push it to early next week. We will make up for it\nthough. We have so much news coming! \ud83d\ude09<\/p>\n\n\n\n Vlad | Mettalex: <\/strong>Let’s\njump into the questions<\/p>\n\n\n\n Gold Rocket | Satoshi Club<\/strong>:\nWe are looking forward to updates!👍🚀<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nAnd don’t forget to share this news with us😉<\/p>\n\n\n\n Vlad | Mettalex: <\/strong>Will\ndo 100%<\/p>\n\n\n\n Q1 from Telegram user @Indomiekuy<\/em><\/strong><\/p>\n\n\n\n After 1st batch MTLX staking ( by uniswap\nliquidity pool token) by Amplify, is it possible to add again LP token using\nsame wallet metamask to stake pool? Or I must use different wallet metamask for\nthe 2nd stake? Do you have any link guide about this?<\/strong><\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nYou can add as much liquidity as you want from the same wallet. No need to\nchange it.<\/p>\n\n\n\n We have a detailed on how to farm MTLX here:\nhttps:\/\/medium.com\/mettalex\/announcing-mettalex-amplify-a-high-yield-farming-program-90fb1f5094c8<\/p>\n\n\n\n Mary | Satoshi Club<\/strong>:\nHow is staking going now?😀<\/p>\n\n\n\n Vlad | Mettalex<\/strong>:\nIf you experience any issues, you can get in touch with us on Telegram at https:\/\/t.me\/mettalex_official\/<\/a> <\/p>\n\n\n\n Excellent, we have more than $3m TVL in the MTLX;USDT\nand MTLX:ETH Uniswap pairs<\/p>\n\n\n\n https:\/\/info.uniswap.org\/pair\/0xa71d014ffc0d2aff34d1fe1672dcdef6ec00af66<\/a><\/p>\n\n\n\n
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