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Weeks are progressing, and so does the MVX burn! 🔥
This week we burned 8,136 $MVX and 13,212 esMVX while APRs remain stable!
We'll soon be accelerating the burn program.
Stay tuned on Monday to find out how ♏️
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In addition to the generated income, it is important to note that the MVX token:
🔹 Has no inflation and will never have any
🔹 Has a buyback and burn mechanism that has already burned 24% of the supply, in just ~ 6 months
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Based on this innovative product and the upcoming release of our casino v2, we are transitioning to Chapter 3 of Metavault: the Backend as a Service model.
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The $MVX tokenomics will soon face major revamping, starting next week with a proposal ♏️
To prepare for this, it's essential for the community to grasp the current status of MVX.
Here's everything you need to know about the MVX token in just 2 minutes 🧵
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In the meantime, the fees and revenue earned through collaborations have been used to buyback and burn.
Almost 25% of the supply has been burned since inception ~6 months ago.
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Those exclusive partnerships ensured the development of our viable model while facilitating continuous development and presence on multiple chains.
The latest development?
Our own Perp aggregator offering up to 1000x Open Interest on cryptos, synthetics, commodities …
Today marks a turning point in Metavault’s history and the perp DEX landscape
After more than a year of development, the new perp DEX model is live on @LineaBuild
Multi-chain aggregation (12+), 100% settled on-chain with 1000x Open Interest capital efficiency?
A 🧵
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By not only developing the DeFi hub on Metavault, we provided the backend infrastructure to multiple leading projects such as
• @KinetixFi
• @QuickswapDEX (Quickperps on Polygon zkEVM)
• @GrizzlyFi
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After more than a year of operating through this system and developing exclusive features, such as the trailing stop, we initiated Chapter 2 to start expanding the services.
We launched our DeFi Hub to provide a unique user experience, paving the way to onboard the masses.
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The Chapter 1 focused on developing our presence on the Polygon POS ecosystem through a friendly GMX fork. The results?
• $810M in volume
• $2.1M in fees collected and redistributed to users
• 15k + users
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• Prediction markets
• Bridge & Cross-chain swaps
• Casino
• More to come ⌛
All in one place, think of it as the Amazon of cryptos.
To understand where Chapter 3 comes from, let's circle back to the two previous ones.
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This model will empower partner chains by getting native hubs using Metavault infrastructure to directly facilitate interactions with:
• V2 & V3 DEX models
• Spot aggregation
• Active liquidity management
• Unique Perp aggregator w/ 1000x Open Interest
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After years of work and development, we are thrilled to introduce Chapter 3 of Metavault: the Backend As A Service endgame.
In this chapter, we'll deploy a BaaS model by developing DeFi hubs on key chain partners, providing value accessibility to the whole ecosystem.
A 🧵
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⚠️ THE TIME HAS COME! ⚠️
Mark the date and get ready to evolve your Apes 🦍🎉
#ApeSuiSociety #apesstrongertogether #APESNeverLeaving #Season2 #NFT #BuildOnSui
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Guess who got fired on his first day of work at @McDonalds because he forgot his uniform cap at home? 💀
DAMN! What a mess these apes...🥵
#ApeSuiSociety #NFT #NFTCommunity #SUI #BuildOnSui #Season2 #APESNeverLeaving #McDonalds
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The Ape Momo was dreaming a perfect festival, but everything went wrong. Tears of acid were the sad epilogue to a disappointing evening...
Give Momo a big hug 😢🎪🫂
#Sui #Season2 #ApeSuiSociety #Festival #BuildOnSui #APESNEVERLEAVING
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LET'S DIVE IN THE DETAILS OF OUR REBRAND!🎉
🌐1/Identity:
As a crucial part of this rebrand, we're bidding farewell to BoredApe world and stepping into a new identity, Ape Sui Society.
Thus giving uniqueness and originality to the project, with a new but still Ape-themed art!
#APESNOTLEAVING #SUI #NFT #NFTCommunity #ApeSuiSociety
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S2, Chapter 1: The Awakening👁️
One day, a mysterious presence appeared over the Apes community, and they were transported to a new digital world🌍🛸
A celestial entity, observing the world of the Apes, decided it was time to give them an extraordinary power. Through it they developed new Eyes that allowed them to unlock the power of vision, a divine power, which set off a new Era❤️🔥🐵
An Era full of new protocols connected to each other in our own ecosystem🔥💯






















