Mettalex and Fetch.ai are collaborating to offer an Airdrop for FET Holders on Binance. The MTLX tokens included in the Airdrop are part of the third FET staking program announced by Fetch.ai and Mettalex. Mettalex, a decentralized commodities derivatives trading platform, is powered by Fetch.ai technology. Its mission is to bring the $2.5 trillion commodities market onto the blockchain. Mettalex aligns the incentives of physical asset holders, traders, and liquidity providers by providing a non-custodial, decentralized token-based exchange that operates 24/7, risk-management tools for physical asset holders, market-making and liquidity for commodity derivatives markets, stablecoin-denominated commodity derivatives trading pairs, high-yield liquidity provision and arbitrage opportunities, low margin requirements, predetermined trading bands, unlocking financial value from real-world assets, and secure, decentralized community governance. Fetch.ai is developing a tokenized, decentralized machine learning network for smart infrastructure built around a decentralized digital economy.
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About Mettalex
Earn FET tokens through staking on Binance.com. Users must maintain an average of 10,000 FET tokens across eight snapshots to be eligible. The FET staking program is a collaboration between Fetch.ai and Mettalex, aimed at bringing the $2.5 trillion commodities market onto the blockchain. Mettalex incentivizes physical asset holders, traders, and liquidity providers by offering stablecoin-denominated commodity derivatives trading pairs.
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Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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