Description: Metavault is the premiere DeFi ecosystem, mainly on the Fantom blockchain. Metavault DAO aims to be the world's smartest DAO-directed treasury, applying unique strategies based on holistic research. Metavault isn’t just a stablecoin, it’s also a public venture capital DAO that allows everyone to benefit from the most exciting projects and strategies in the rapidly evolving blockchain space. As a DAO, Metavault will be directed and governed by the very people that use the platform, with all decisions taken democratically by the members of the DAO. This is in direct contrast to the way in which the traditional financial market operates, where centralized institutions dictate policies and the customers or ‘users’ have no choice but to acquiesce.
Metavault was created as a method of addressing the cryptocurrency world’s over reliance on fiat-backed stablecoins. The decentralized reserve currency protocol is based around the native MVD token, the value of which derives from a basket of assets under Metavault’s control, known as the ‘treasury’. The MVD token is not pegged to a specific fiat value like regular stablecoins. Rather, it operates as a store of value, using the treasury to back the issuance and value of MVD tokens. Instead of borrowing it like stablecoins do, Metavault owns its liquidity.
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