A long form post to share some insights about our recent quietness on Twitter.
23 Aug 2023, 14:03
A long form post to share some insights about our recent quietness on Twitter ♏
While we've been a bit more silent on social media lately, we want to make sure that this silence reflects our intense focus on a critical aspect of our journey, launching DeFi hub, aka our Chapter 2.
/MetavaultTRADE/status/1694349596649050403/photo/1
We're currently refining our features, enhancing our infrastructure, and building the best possible platform for our MetaTraders.
This dedication requires our full attention, and we've deliberately chosen to channel our energy into these development efforts.
For this reason, we have also postponed our launch on zkSync Era.
We believe that launching on a new chain would exacerbate one of the most significant issues currently facing DeFi: liquidity fragmentation when trading on a Perp DEX.
Instead, we have decided to focus on resolving this problem through our chapter 2, which will provide perp DEX traders with optimal rates for their trades, while also generating more visibility and volume for our stakeholders.
Our commitment to innovation, sustainable tokenomics, and providing a new realm in the perp DEX aggregation has not changed.
We believe that the foundations we're laying down today will shape the way for even greater achievements and opportunities in the future.
In the meantime our weekly burns are providing an important impact, reaching more than 300K tokens burned since the proposal implementation.
We understand that consistent communication is essential, and we truly appreciate your understanding as we navigate this phase of deep development.
We're excited about our next development phases and can't wait to share it all with you when the time is right.
We're grateful for your ongoing support and look forward to revealing more about our progress in due course.
Thank you for being part of this remarkable journey with us, stay tuned for the next chapter, a lot is coming soon! ♏️