{"id":19249,"date":"2024-09-13T17:31:14","date_gmt":"2024-09-13T17:31:14","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=19249"},"modified":"2024-09-13T17:31:14","modified_gmt":"2024-09-13T17:31:14","slug":"navigating-the-paradex-airdrop-a-comprehensive-guide-and-insight","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/navigating-the-paradex-airdrop-a-comprehensive-guide-and-insight\/","title":{"rendered":"Navigating the Paradex Airdrop: A Comprehensive Guide and Insight"},"content":{"rendered":"\n
\n <\/p>\n

Paradex is a sophisticated decentralized exchange (DEX) for perpetual contracts, utilizing a fast Layer 2 network for Open Finance. It operates on a self-custodial basis, with an efficient on-chain risk engine designed to ensure that all intricate aspects of derivative trades are processed on the Layer 2 network.<\/p>\n

\t\t\t\t<\/span><\/p>\n

Paradex has launched a points initiative where users can earn both fixed and variable points depending on their trading activities.<\/p>\n

Currently, there isn’t a token available, nor has there been any announcement regarding an airdrop<\/a>. However, users accumulating points may qualify for a future airdrop if Paradex decides to implement one.<\/p>\n

\n How to Participate:<\/strong><\/p>\n
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  1. Go to the Paradex website.<\/li>\n
  2. Connect your wallet and change the network to Ethereum.<\/li>\n
  3. Complete your trades.<\/li>\n
  4. Depending on your share of the total fee-paying trading volume, you could earn up to 700,000 fixed points.<\/li>\n
  5. Liquidity providers on Paradex’s order books can gain 300,000 points weekly, based on their maker trading volume contribution.<\/li>\n
  6. Points range from 10 to 20 based on user engagement, open interest, and total value locked (TVL).<\/li>\n
  7. Access the \u201cEarn\u201d section to obtain your referral link from the dropdown.<\/li>\n
  8. Earn 10% from referrals, while invited users will also benefit from a 10% saving.<\/li>\n
  9. For further details about the points system, refer to the official announcement.<\/li>\n
  10. There is an affiliate program available for those who refer more than $50 million in volume within 30 days or have a social media following of over 5,000.<\/li>\n
  11. There\u2019s still no token available, nor any news about an airdrop.<\/li>\n
  12. However, users collecting points could potentially be eligible for an airdrop if one is released in the future.<\/li>\n<\/ol><\/div>\n

    Are you looking for other projects without tokens that might provide a governance token airdrop to early participants? Check out our list of potential retroactive airdrops and stay updated on future DeFi airdrop opportunities!<\/p>\n

    Be sure to follow us on Twitter<\/a>, Telegram<\/a>, & Facebook and subscribe to our newsletter to get the latest on upcoming airdrops!<\/p><\/div>\n

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    Overview<\/h2>\n
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