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Antarctic Exchange Mainnet Goes Live: Earn AX Points and Shape the Future of DeFi Trading

Antarctic Exchange Mainnet Goes Live: Earn AX Points and Shape the Future of DeFi Trading

Antarctic Exchange (AX), a next-generation decentralized perpetual contract exchange, has officially launched its Mainnet, introducing innovative trading features and a unique AX Points Activity to reward early participants.
Built on Arbitrums high-performance blockchain, Antarctic Exchange offers a hybrid DeFi trading model, combining the security of on-chain execution with the speed and efficiency of centralized platforms. The launch of the Mainnet marks a major milestone in AXs mission to enhance decentralized derivatives trading.

Introducing the AX Points Activity: Earn and Convert into AX Tokens

To celebrate the Mainnet launch, Antarctic Exchange is rolling out the AX Points Activity, a reward system designed to incentivize traders, liquidity providers, and community engagement. Participants can earn AX Points through trading, liquidity provision, and referrals, with all earned points converted into official AX tokens in the future.

How to Earn AX Points

AX Points can be accumulated through various activities, ensuring users are rewarded for their contributions to the ecosystem:

1. Social Engagement (One-Time Bonus) 100 AX

Join Antarctic Exchange Discord 50 AX

Follow AX on X (Twitter) 50 AX

2. On-Chain Actions (One-Time Bonus) 600 AX

Deposit funds on Arbitrum 100 AX

Deposit funds on Ethereum 100 AX

Provide liquidity on Arbitrum 200 AX

Complete a transaction on Mainnet 200 AX

3. Trading Rewards (Ongoing) Up to 1,000 AX per day

Earn 1 AX per 100 USDT in trading volume

Trading volume is calculated as: Number of contracts × Contract multiplier × Transaction price

Maximum of 1,000 AX per day (100,000 USDT volume cap)

4. Referral Incentives (Ongoing) Up to 500 AX per day

Earn 100 AX per qualified invite

A qualified invitee must earn at least 1,000 AX Points

Maximum of 5 invites per day (500 AX cap)

AX Points Anti-Inflation Mechanism

To safeguard the long-term value of AX tokens, the platform has implemented a burning system and dynamic exchange rate:

Burn Mechanism: 5% AX Points deducted if inactive for 7 days 50% AX Points deducted if inactive for 28 days

Please Note:

Points earned during the testnet phase will remain unchanged and will not be burned or destroyed.

AX Points serve as a measure of user contributions within the ecosystem. Antarctic Exchange may offer benefits to those having AX Points in the future.

Trading points are settled once a user fully closes a position.

All transaction settlement times are based on UTC.

About Antarctic Exchange

Antarctic Exchange is a decentralized perpetual contract trading platform designed to offer high-speed, low-fee, and secure derivatives trading. Built on Arbitrum, AX leverages layer-2 scalability and a hybrid trading model to provide users with a CEX-like experience in a DeFi environment.

The platform aims to redefine the decentralized trading landscape, offering deep liquidity, advanced risk management tools, and innovative reward mechanisms to empower traders worldwide.

Join the Future of DeFi Trading

The Antarctic Exchange Mainnet launch marks a pivotal moment for DeFi traders. By participating in the AX Points Activity, users can earn rewards, contribute to the ecosystem, and secure their stake in the future of decentralized trading.

For more details, visit:

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Read more: https://thenewscrypto.com/antarctic-exchange-mainnet-goes-live-earn-ax-points-and-shape-the-future-of-defi-trading/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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