Understanding the Future of Digital Trading
In recent years, the emergence of advanced trading platforms has revolutionized the way traders engage with cryptocurrency. These platforms now harness sophisticated algorithms that optimize trade execution, catering primarily to professional and institutional traders. By minimizing slippage and reducing market impact, traders can enhance their overall efficiency and profitability.
In early 2024, one innovative platform captured industry attention by securing $3.5 million in pre-seed funding. This platform not only serves as a futures aggregator but also boasts a highly functional algorithmic trading terminal. Users can connect to various centralized and decentralized exchanges, streamlining their trading endeavors.
Moreover, integrating electronic wallets enables traders to access multiple venues seamlessly. This strategic multi-exchange strategy empowers users to implement complex trading strategies while the platform’s algorithms endeavor to reduce costs related to trade execution and order placement.
Upcoming Airdrop Information
On December 1, 2024, a notable points program was launched, marking the beginning of Season 0. Although no official token announcement has been made, the initiative mimics successful models used across the crypto landscape, where early participants are rewarded with tokens based on their trading history. Participants earn points instantly based on transactions carried out on linked exchanges.
This innovative setup features unique earning opportunities through specific exchange multipliers. Currently, engaging in trading activities on platforms like Bybit or Hyperliquid unlocks a lucrative 2x multiplier for users. Additionally, a referral program is in place, allowing users to earn 20% of the points accrued by those they refer, with referral data maintained anonymously each month.
Maximizing Your Points on the Trading Platform
- Visit the official trading platform’s website
- Register using your email or by linking your crypto wallet
- Access the wallet section by clicking on the icon at the top right of the dashboard
- Connect your accounts from various exchanges:
- Link Bybit to benefit from the 2x multiplier
- Connect to Hyperliquid to also gain the 2x multiplier
- Optionally include other platforms like Aster and Pacifica
- Go to the points section in the main menu
- Start trading through the terminal to accumulate points
- Generate and share your referral link from the dedicated section
Breaking Down the Points Structure
The calculation of points is based on an easy-to-grasp formula:
Points = $ Traded × Base Rate × Exchange Multiplier × Promotion Rate
Here’s what makes up this formula:
- Base Rate: Set at 1 point for every $100,000 traded
- Exchange Multiplier: Currently double (2x) for Bybit and Hyperliquid, while others maintain a standard of 1x
- Promotion Rate: This may vary during special campaigns or events hosted by the platform
For instance, if a trader executes $500,000 worth of transactions on Hyperliquid, their calculation would be: $500,000 ÷ $100,000 × 1 (base) × 2 (Hyperliquid’s multiplier) = 10 points.
The referral point calculation follows a similar process:
Referral Points = $ Traded (from referrals) × Base Rate × Referral Percentage (20%)
Referral points are calculated monthly to ensure the confidentiality of the activities of individual referred traders.
Common Questions
When did this points program begin?
The inaugural season commenced on December 1, 2024, at 00:00 UTC. Points have been accumulating for all eligible trading activities since that date.
Which exchanges currently offer the 2x points multiplier?
At present, both Bybit and Hyperliquid provide a 2x multiplier on earned trading points, while other supported exchanges maintain a baseline multiplier of 1x.
What is the mechanism for calculating and distributing referral points?
Referrers receive 20% of the base points generated by their referrals’ trading activities. These points are compiled monthly to uphold the privacy of referred individuals.
Is it possible to link multiple exchanges to a single account?
Yes, the platform allows multiple exchange accounts to be linked, which includes Bybit, Hyperliquid, Aster, and Pacifica, along with EVM wallet connections for diverse trading options.
Final Thoughts
This trading platform melds advanced tools with a points system designed to reward active trading across various exchanges.
The algorithmic features present a significant advantage for those managing large portfolios, while the points program serves to incentivize early user engagement.
As Season 0 is in full swing, participants can leverage maximized multipliers on prominent platforms, helping them accumulate points and rewards for engaging with perpetual futures markets.
If you are looking for other platforms that have not yet launched tokens but might offer governance tokens to early users, consider checking our curated list of potential airdrops, ensuring you stay ahead in the world of DeFi!
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