Mettalex Community Update_July

Welcome back to another eagerly anticipated community update.
2023-07-063 minutes min readMettalex

What is Mettalex? A P2P Agent-based DEX, employing an order book model, is built upon the blockchain using agent-based technology

Hello Mettalex Enthusiasts! Welcome back to another eagerly anticipated community update. As Mettalex continues to embark on its groundbreaking journey, we’re here to keep you closely aligned with what's happening behind the scenes. Let’s take a look at the latest advances and challenges that our team has encountered this month as they work to shape the future of decentralized trading.

Key Updates: Contract Factory: In our architecture, each agent will have their own contract. This solution enables the creation of a contract from the Contract Factory itself. Moreover, in the spirit of fostering innovation, we're excited to announce that we will soon make this code open-source! This will empower the developer community to reuse the code and take it as a reference for writing contract factories for their own projects.

Event Polling: Another exciting development is the implementation of event polling which retrieves events from the Fetch blockchain and notifies the agent to undertake subsequent actions. This is crucial in ensuring that the agents are always in sync and responsive to the state of the blockchain. Like the Contract Factory, we are also planning to make this code open-source for the community.

Agent Factory (Work in Progress): Our ongoing Task is the Agent Factory which will allow every user to create their own agent within the project, in just a few clicks. Not only will this make the process streamlined, but it will also be possible to view agents on Agentverse, the Fetch,ai Agent explorer.

Performance & Code Optimization: As Mettalex evolves, we are constantly tuning and optimizing the performance of our platform to ensure a seamless and efficient experience for all users.

UI/UX Refinement: User experience is at the heart of what we do, and we have been working on refining the UI/UX elements of Mettalex. This is to ensure that the platform is not only functional but also intuitive and aesthetically pleasing.


Strategy Implementation Within Agents [V1: 3rd party strategy implementation]: We’re excited to unveil this new development which will transform the way users interact with agents on Mettalex. What does this mean? Well, agents on Mettalex are now becoming smarter and more powerful. With this new integration, users can implement custom trading strategies directly within their agents. This is a game-changer as it automates the trading process based on pre-set rules and criteria without the need for constant monitoring.

Mettalex website revamp: The Mettalex team is currently working on updating the website. We aim to keep things fresh and ensure that all the content is up-to-date.

Feature Addition: As we continue to enhance the Mettalex platform, we are excited to share some new features that have been added to improve trading experience. These features are designed to give more control and flexibility over trading activities. Here’s what’s new;

  • Cancel Order: We understand that trading conditions can change rapidly and sometimes you might need to change your trading plans. The 'Cancel Order' feature allows you to swiftly cancel any pending orders if you decide that it's the best course of action.
  • Partial Trading: Partial trading means that your trade will patch with a partial order as well and no need to wait around till an exactly matching opposing order comes into play. This feature will be greatly beneficial for large order amounts.
  • Trade with Preferred Agent: Customization and preference play a vital role in a trader's journey. The new 'Trade with Preferred Agent' feature lets you select a specific agent to trade with. This gives you more control over your trading experience, allowing you to align your trades with the agents that best suit your trading style and objectives.

We believe these additions will greatly enhance your trading experience on Mettalex and empower you to trade more efficiently and strategically. We’re always keen to hear your feedback, so don’t hesitate to let us know what you think!

Conclusion: We are grateful for the support of our community. As pioneers, innovating the DeFi space, the dedication and insight from everyone involved are what propel Mettalex forward. With each step, we’re closer to realizing the vision of a more robust, secure, and revolutionary trading ecosystem. Don’t forget to join the conversation on our social media platforms and, as always, keep your eyes peeled for the next exciting community update. Until then, stay curious.

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