My MetaTrader, also known as mTrader, is a decentralized leverage trading platform built with AI technology. They recently listed their $MMT token, and announced a second round airdrop for its users. In this article, we will explain what mTrader is and how to position yourself for their airdrop.
My MetaTrader ($MMT) Airdrop Step-by-Step Guide
Here’s a step-by-step guide on how to get a potential My MetaTrader ($MMT) token airdrop:
- Obtain special roles on the My MetaTrader Discord channel.
- Complete tasks on Galxe
- Complete tasks Crew3.
See below for more details.
What is My MetaTrader (mTrader)?
My MetaTrader (mTrader) is a decentralized exchange built on Arbitrum with GPT-3. It offers low trading fees, a wide range of leverages and pairs, and up to 150x on crypto, 1000x on forex & commodities, 100x on stocks, and 35x on indices. It is governed by the community, allowing for continuous innovation and the development of new products and features. Token holders can also participate in revenue capture and governance, giving them a direct stake in the success of the platform.
Who is the Team behind My MetaTrader?
It is worth noting that the team behind My MetaTrader is not doxxed. According to their website, mTrader is led by Fab (founder/full-stack developer), Gabrielle (manager/full-stack developer), Bryan (business developer), and Mikey (social media coordinator).
Does My MetaTrader have a Token?
Yes, the $MMT token was listed on SushiSwap on 21st February 2023. It is used for profit-sharing protocols, reducing trading fees, boosting the $MMT/ETH liquidity on Sushiswap, and protocol voting. It has a max supply of 5,000,000 tokens, with 45% of the supply going to Fair Launch, 30% to Community Incentives, 15% to Marketing, 5% to Team Growth, 5% to Advisors, and 5% to Airdrop.
According to their Tweet, their Airdrop is divided into two rounds. The first round is already over, but the date of the second round is yet to be announced. The second round will have the most tokens available with 890,000 $MMT.
How to Be Eligible for Round 2 $MMT Airdrop?
According to mTrader’s Gitbook, here’s how you can get the potential My MetaTrader airdrop:
Here’s a step-by-step guide on how to get a potential My MetaTrader ($MMT) token airdrop:
- Obtain special roles on the My MetaTrader Discord channel.
- Complete tasks on Galxe
- Complete tasks Crew3.
For Discord, there are six roles with different levels of reward distribution:
- Starship Commander
- Future Strategist
- Quantum Analyst
- Interstellar Broker
- Galaxy Trader
- Cosmic Investor
My MetaTrader will also have other airdrop campaigns in the future, so we recommend staying up to date with their Discord and Medium channels.
Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: My MetaTrader confirmed on their website and Tweet that there will be a second round airdrop for users.
Airdropped Token Allocation: $890,000 $MMT will be distributed to users, the larger of the two airdrop rounds.
Airdrop Difficulty: As of now, it is very easy to be eligible for the $MMT airdrop. All you have to do is obtain a special role on their Discord channel by completing tasks on Galxe and Crew3.
Token Utility: $MMT is used for profit-sharing protocols, reducing trading fees, boosting the $MMT/ETH liquidity on Sushiswap, and protocol voting.
Token Lockup: 5% of total $MMT supply is allocated to advisors with 6 months cliff, vested monthly in 1 year.