MyTrade: The Next Generation DEX

Starter Labs
4 min readFeb 18, 2022

Launching on Starter.xyz on February 23, 2022

MyTrade is a next generation decentralized exchange (DEX ) that looks and feels like a centralized exchange. With the goal of providing DEX traders with the best user experience and best prices, it brings the professional trading of Binance or Huobi to DEX users.

MyTrade allows traders to trade directly from their crypto wallet by giving them the full ownership of their assets.

Why is MyTrade Unique?

MyTrade provides traders with the best execution price by integrating two liquidity sources- AMM liquidity and order book. This is termed Integrated Liquidity on MyTrade.

It gives users the ability to place limit orders on its order book and enjoy trading at 0% trading fees. Security of assets is guaranteed on MyTrade as it is prioritized by the team. They also introduce Limit Order Mining which significantly improves professional market Maker’s capital efficiency and profitability.

Problem

Generally, DEX user experience and UI still trail far behind traditional centralized exchanges. Some of them have high slippage or higher gas fees and trading fees leading to poor user experience. Some also lack limit orders.

Solution

MyTrade is a DEX with Integrated Liquidity and Limit Order Mining. It provides the best price for Takers with low slippage and Makers get high capital efficiency. MyTrade provides fast and cheap transactions.

$MYT

$MYT is the platform’s token and it powers the ecosystem. $MYT holders have the right to stake and earn, stake to earn other project’s tokens, burn to earn other project’s tokens, and DAO governance.

Partners

Milestones/Roadmap

Token Details

Total Supply: 1 Billion MYT
Seed Round: 20 Million valuation
1% = 200K USDT
Price Per Token: $0.02
Locking Period: 18 months, linearly unlock monthly

Strategic Round: 30 Million valuation
4% = 1.2 Million USDT
Price Per Token: $0.03
Locking Period: 12 months, linearly unlock monthly

IDO: 50 Million valuation
1.25% = 625K USDT
Price Per Token: $0.05
Locking Period: 4 months, linearly unlock monthly

Final Round: after initial listing
OTC with 10%-20% discount
5% availability
Locking Period: TBD

Tokenomics

Liquidity Incentive: 600M (60%)
A combo of incentives to attract liquidity (TVL), such as Mining, Staking, Bonding, etc

DAO Reserve: 150M (15%
In the future, DAO will decide mining output, token destroying, or incentivizing core ecosystem partners.

Team: 100M (10%)
Unlocked linearly over 36 months

Investors: 100M (10%)
Unlocked linearly over 12–18 months

Marketing/Operations: 37.5M (3.75%)
Unlocked linearly over 36 months

IDO: 12.5M (1.25%)
Unlocked linearly over 4 months

IDO Details

MyTrade is launching on Starter.xyz
Token Ticker: $MYT
Token Price: $0.05
Chain: Polygon
IDO Date: February 23, 2022
IDO Time: 16:00 UTC

How to Participate
To participate in the MyTrade IDO, simply follow these steps:
-Buy $QUICK
-Buy or bridge START
-Use QUICK & START to buy QUICK/START LP tokens on QUICKSWAP.EXCHANGE
-Stake QUICK/START LP on STARTER.XYZ OR Stake START, ELIXIR or START/MATIC ELIXIR/MATIC on Starchi.gg
-Buy $MYT when the IDO starts

Official Links

Website: https://mytrade.org/
Telegram: https://t.me/MyTradeGlobal
Twitter: https://twitter.com/mytradeglobal
Medium: https://mytradeglobal.medium.com/

About MyTrade

MyTrade is a next generation decentralized exchange (DEX ) that looks and feels like a centralized exchange. It is not just a swap; MyTrade has professional interface and features like top centralized exchanges. It also gives you the full ownership of your assets.

Starter

Telegram: https://t.me/starterxyz
Twitter: https://twitter.com/starterxyz
Announcements: https://t.me/starter_announcements

START BSC Contract: https://bscscan.com/token/0x31d0a7ada4d4c131eb612db48861211f63e57610
START Polygon Contract: https://polygonscan.com/token/0x6ccf12b480a99c54b23647c995f4525d544a7e72
START Ethereum Contract: https://etherscan.io/token/0x1d7ca62f6af49ec66f6680b8606e634e55ef22c1
START Fantom Contract: https://ftmscan.com/token/0x8ca2ecbce34c322fcea6db912d9dbfd2dda5920d
START Avalanche Contract: https://snowtrace.io/token/0xf44fb887334fa17d2c5c0f970b5d320ab53ed557

The leading IDO launchpad, incubator, and investor network for Polygon, Ethereum, Fantom, Avalanche and Binance Smart Chain
$START https://starter.xyz

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Starter Labs

A leading #blockchain R&D company focused on IRL incubating & coworking via @atlantachain, decentralized fundraising and play&earn game dev for #Web3