Introduction to Ostrich
Ostrich is an innovative trading platform that operates on the Arbitrum network, focusing on decentralized access to a wide array of global financial markets. With its foundation in blockchain technology, it allows users to engage in perpetual contracts that are powered by advanced oracles.
This platform supports trading across various asset classes, enabling users to seamlessly engage with financial instruments from the US, China, Europe, and beyond. Whether you’re interested in equities, metals, forex, or cryptocurrencies, Ostrich provides a unified trading experience free from conventional broker restrictions.
As a pioneering decentralized exchange, Ostrich’s global orderbook significantly reduces entry barriers typically present in traditional finance. Users can leverage their crypto wallets to access and trade real-world assets, effectively merging decentralized finance with conventional financial products.
Currently, Ostrich boasts a portfolio of over 50 stock perpetuals from multiple regions, solidifying its position as a leading player in the DeFi landscape.
Ostrich Airdrop Overview
To celebrate its launch, Ostrich has implemented a dynamic points reward program lasting 8 weeks, during which a total of 1 million points will be distributed weekly. These points can be transformed into $RICH tokens at the upcoming Token Generation Event (TGE), although the detailed conversion metrics and timeline remain under wraps.
This points initiative is particularly beneficial for early adopters and active traders to potentially benefit from future token offerings.
Ostrich maintains a strong commitment to genuine trading efforts by prioritizing authentic engagement over manipulative practices. Wallets displaying abusive behaviors may be subject to removal from the program.
Points will be allocated based on actual trades completed during each weekly cycle, fostering a culture of real participation instead of artificial trading volumes.
Participants can conveniently monitor their points accumulation and historical distributions through a user-friendly dashboard on the platform.
Participating in the Ostrich Points Program
- Access the Ostrich Platform
- Link Your Wallet
- Activate Trading
- Complete the necessary wallet signature process to unlock trading features.
- Fund Your Account with USDC
- Add USDC to your account on the Arbitrum network.
- Purchase USDC through Binance and transfer it to Arbitrum.
- Utilize the Rhino Bridge to move USDC from other blockchain networks.
- Engage in Trading
- Explore available markets, including stocks, metals, forex, and crypto assets.
- Execute trades across various assets to accumulate points.
- Keep track of your positions and trading actions through the platform’s interface.
- Monitor Your Points
- Access the Ostrich Points Page to check your total points earned.
- Refer to weekly summaries and your ranking in the program.
- Stay updated by following Ostrich’s official communication channels.
- Anticipate a Future Referral Program
Strategies for Maximizing Points
Trade Across Diverse Asset Types: Engage with a variety of trading categories instead of limiting yourself to just one. The inclusion of equities, forex, metals, and crypto may positively influence your points based on the distribution criteria.
Sustain a Steady Trading Activity: Since points are assigned weekly, maintaining a consistent trading activity throughout the week is crucial. The system rewards long-term engagement over short bursts of heavy trading.
Review Weekly Updates: Regularly keep track of your points and adapt your trading strategies based on performance insights shared in the weekly summaries. Transparency in updates allows participants to refine their tactics effectively.
FAQs
What is the Timeline for Points to $RICH Token Conversion?
Points will be converted into $RICH tokens at the Token Generation Event (TGE). Specific dates and conversion methods will be provided by Ostrich before the event commences.
Are There Minimum Trading Volume Requirements?
No minimum trading volume has been outlined. The points allocation is based on actual trades executed across supported markets on a weekly basis.
What if I Miss Out on Several Trading Weeks?
As points are distributed weekly, taking breaks can affect your total earned points. Nonetheless, you can still participate in the remaining weeks of the program regardless of previous trading activity.
Are There Plans for Additional Earning Opportunities?
Although the current focus is on the 8-week points program, Ostrich has expressed intentions to hold community events and campaigns. Participants are encouraged to pay attention to official announcements regarding further earning opportunities.
Final Thoughts
The Ostrich points program offers a unique opportunity to earn potential $RICH tokens based on active trading participation within a comprehensive decentralized trading framework.
By facilitating access to both traditional assets and cryptocurrency, Ostrich presents a distinctive trading environment that bridges the realms of DeFi and mainstream finance. With its time-bound engagement model, traders are encouraged to actively participate, fostering a vibrant trading community.
To succeed in the program, it’s essential to grasp both the mechanics of the trading platform and the points earning process, making it ideal for users who are confident with perpetual contract trading and decentralized finance paradigms.
If you’re looking for more projects offering the potential for future governance tokens, don’t miss our curated list of projects with a history of retroactive airdrops!
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