MCDEX forms strategic partnership with MathWallet
As we are approaching the mainnet launch, we cannot wait to share some good news with our communtiy. MCDEX are pleased to announce that we have partnered Math Wallet to enhance our protocol and ecosystem. This partnership will allow our users to conveniently manage their ERC-20 digital assets with top-level security provided by Math Wallet. We believe the integration between two teams will generate the market-leading user experiences for perpetual traders in DeFi.
MathWallet is a multi-platform (mobile/desktop/hardware) universal crypto wallet that enables token storage of 60+ chains including BTC, ETH, Polkadot, Filecoin, EOS, Solana, BinanceChain, Cosmos etc, supports cross-chain token exchange, multi-chain dApp store and operates nodes for POS chain. Our investors includes Fenbushi Capital, Alameda Research, Binance Labs, FundamentalLabs, Multicoin Capital, NGC Ventures. Visit mathwallet.org for more information.
Mai Protocol V3 designed by MCDEX is an AMM-based decentralized perpetual swap protocol. Perpetual swap is one of the most popular derivatives that have no expiration date, supports margin trading, and have its price soft pegged to index price. We have designed an AMM especially for perpetual trading and it is able to reach 1000x Uniswap’s constant product formula capital efficiency. Furthermore, anyone can create their own perpetual market with the price feed of the underlying asset and choose any ERC20 as collateral. Especially, certain real-world markets are encouraged and will potentially be incentivized on MCDEX V3. Please check out the BigMac Program for specific info. At last, anyone can trade perpetual swaps permissionlessly. Traders’ assets are in the smart contract in a noncustodial way and the process of trading is conducted on-chain completely.