MetalSwap XMT current price is $0.2039.

metalswap MetalSwap (XMT)

-0.77% (24H)
Market CapVolumeAvailable Supply
N/A $47,192N/A

MetalSwap XMT current price is $0.2039 with a marketcap of N/A. Its price is -0.77% down in last 24 hours.

"MetalSwap is a decentralized platform that allows hedging swaps on financialmarkets with the aim of providing a coverage to those who work with commoditiesand an investment opportunity for those who contribute to increase the sharedliquidity of the project. Allowing the protection for an increasing number of operators.At the moment, financial swaps are the most widely used ""insurance"" tool forlarge-scale exchanges of raw materials such as metals, but everything takes placeon centralized markets that require financial hedge and bank credit lines that arenot always accessible to all and with ""restrictive"" bureaucratic times.With the concept of an economic incentive, given by the distribution of thegovernance token ($XMT), the system will have publicly accessible pooled liquidity.Through a set of ""smart contracts"", initially written on Ethereum, the contracts willmake it possible to execute swaps without the need for intermediaries, at reducedcosts and without time restrictions."

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