With the implementation of the latest UI and backend improvements, the decentralized Mettalex commodity derivatives exchange is getting closer to launch on Ethereum and Binance Smart Chain mainnets.
To bootstrap initial liquidity for the DEX’s autonomous market makers, the Mettalex team is launching one of the best long-term yield farming opportunities in DeFi.
Fetch.ai technology plays an integral role in the Mettalex DEX. Autonomous Economic Agents are being employed to deliver secure real-world price feeds for some of Mettalex’s commodity markets. The role of the Fetch.ai technology will grow with the launch of the platform later in 2021.
Through the Mettalex Amplify program participants can earn yield in MTLX tokens with an APY of over 275%! 1,000,000 MTLX tokens will be distributed over the course of Mettalex Amplify. The program will run until the entire reserve is exhausted.
Liquidity providers can take part in the program by providing one-sided liquidity in USDT or stake their Uni V2 tokens if they are already providing liquidity to the MTLX:USDT pool in Uniswap.
To learn more about Mettalex Amplify, please read the dedicated blog post.
To supply liquidity in USDT or Uni V2 tokens, go to the Mettalex Amplify farming page: amplify.mettalex.com
We look forward to your participation.
Fetch.ai and Mettalex team