Kriptoks

Matrix Labs (MATRIX) is a DeFi products ecosystem designed to offer traders maximum returns while minimizing risks. Matrix Labs aims to address unmet demand in decentralized finance (DeFi) by providing user-friendly and innovative solutions that are accessible to everyone. It is a decentralized, multichain DeFi protocol that seeks to offer unrestricted access to DeFi products. With three core DeFi products, MatrixZap, Matrixswap, and MatrixPerp, Matrix Labs aims to provide an effortless DeFi experience for traders, both new and advanced.

Matrixswap is a DEX Aggregator that combines liquidity from Avalanche, Polygon, Fantom, and Binance Smart Chain. It seeks to enable traders to swap multiple tokens into a single asset under a single transaction during emergencies. MatrixPerp is a decentralized protocol based on a virtual automated market maker (AMM) deployed on the Polygon (Ethereum layer 2) blockchain. Unlike traditional AMMs, traders can trade any asset's permanent contracts with up to 10 times leverage. While most decentralized derivative trading platforms face liquidity challenges, the Matrixswap vAMM seeks to provide unlimited on-chain liquidity.

MatrixZap is a feature that allows traders to instantly eliminate tokens into liquidity pools (LP) of high yield to earn rewards immediately. This feature eliminates the issue of converting tokens into the necessary tokens for staking within LPs. MATRIX token is native to the platform and serves as the governance token of Matrix Labs. This ERC-20 token gives users the privilege to suggest voting rights to proposals, modifications to the protocol, and general project direction through ZionDAO.

In the first quarter of 2021, the platform launched a liquidity mining program. In the fourth quarter of the same year, Matrix Labs integrated Binance Smart Chain (BSC) with Matrixswap. The platform also organized a trading competition on the Beta Mainnet.

Matrix Labs was previously known as Matrixswap, and it was rebranded to its current name in September 2021. The platform has a mission to create a decentralized and automated portfolio that is personalized and diversified for its users. It seeks to offer a long-term, stable, and efficient financial service that is accessible to all. Matrix Labs aims to provide an innovative and user-friendly solution that allows its users to maximize their returns while minimizing their risks.

The team behind Matrix Labs comprises experts in the blockchain industry, with a vast wealth of experience in DeFi and traditional finance. They have a shared vision of creating a decentralized finance ecosystem that is accessible and secure for everyone. The team is committed to continuously improving the platform and providing excellent user experiences.

In summary, Matrix Labs (MATRIX) is a DeFi products ecosystem that seeks to offer maximum returns while minimizing risks for traders. With three core DeFi products, MatrixZap, Matrixswap, and MatrixPerp, the platform aims to provide an effortless DeFi experience for new and advanced traders. Its native token, MATRIX, serves as the governance token of the platform, giving users the privilege to suggest voting rights to proposals and modifications to the protocol. The team behind Matrix Labs comprises experts in the blockchain industry, and they are committed to providing excellent user experiences while continuously improving the platform.