Gregory Pudovsky
Printed: March 12, 2025 at 10:57 am Up to date: March 12, 2025 at 10:57 am
In Transient
Antarctic Alternate has formally launched its Mainnet, introducing revolutionary buying and selling options and a singular AX Factors Exercise to reward early contributors.
Antarctic Alternate (AX), a next-generation decentralized perpetual contract alternate, has formally launched its Mainnet, introducing revolutionary buying and selling options and a singular AX Factors Exercise to reward early contributors.
Constructed on Arbitrum’s high-performance blockchain, Antarctic Alternate gives a hybrid DeFi buying and selling mannequin, combining the safety of on-chain execution with the velocity and effectivity of centralized platforms. The launch of the Mainnet marks a significant milestone in AX’s mission to boost decentralized derivatives buying and selling.
Introducing the AX Factors Exercise: Earn and Convert into AX Tokens
To have a good time the Mainnet launch, Antarctic Alternate is rolling out the AX Factors Exercise, a reward system designed to incentivize merchants, liquidity suppliers, and group engagement. Contributors can earn AX Factors by way of buying and selling, liquidity provision, and referrals, with all earned factors transformed into official AX tokens sooner or later.
How one can Earn AX Factors
AX Factors will be amassed by way of varied actions, guaranteeing customers are rewarded for his or her contributions to the ecosystem:
1. Social Engagement (One-Time Bonus) – 100 AX
– Be a part of Antarctic Alternate Discord → 50 AX
– Observe 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
– Present liquidity on Arbitrum → 200 AX
– Full a transaction on Mainnet → 200 AX
3. Buying and selling Rewards (Ongoing) – As much as 1,000 AX per day
– Earn 1 AX per 100 USDT in buying and selling quantity
– Buying and selling quantity is calculated as: Variety of contracts × Contract multiplier × Transaction worth
– Most of 1,000 AX per day (100,000 USDT quantity cap)
4. Referral Incentives (Ongoing) – As much as 500 AX per day
– Earn 100 AX per certified invite
– A certified invitee should earn at the least 1,000 AX Factors
– Most of 5 invitations per day (500 AX cap)
AX Factors Anti-Inflation Mechanism
To safeguard the long-term worth of AX tokens, the platform has carried out a burning system and dynamic alternate charge:
Burn Mechanism: 5% AX Factors deducted if inactive for 7 days – 50% AX Factors deducted if inactive for 28 days
Please Observe:
Factors earned throughout the testnet section will stay unchanged and won’t be burned or destroyed.
AX Factors function a measure of person contributions inside the ecosystem. Antarctic Alternate might provide advantages to these having AX Factors sooner or later.
Buying and selling factors are settled as soon as a person absolutely closes a place.
All transaction settlement occasions are based mostly on UTC.
About Antarctic Alternate
Antarctic Alternate is a decentralized perpetual contract buying and selling platform designed to supply high-speed, low-fee, and safe derivatives buying and selling. Constructed on Arbitrum, AX leverages layer-2 scalability and a hybrid buying and selling mannequin to offer customers with a CEX-like expertise in a DeFi setting.
The platform goals to redefine the decentralized buying and selling panorama, providing deep liquidity, superior danger administration instruments, and revolutionary reward mechanisms to empower merchants worldwide.
Be a part of the Way forward for DeFi Buying and selling
The Antarctic Alternate Mainnet launch marks a pivotal second for DeFi merchants. By taking part within the AX Factors Exercise, customers can earn rewards, contribute to the ecosystem, and safe their stake in the way forward for decentralized buying and selling.
For extra particulars, go to:
Disclaimer
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About The Writer
Gregory, a digital nomad hailing from Poland, isn’t solely a monetary analyst but additionally a beneficial contributor to numerous on-line magazines. With a wealth of expertise within the monetary business, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a e-book about cryptocurrency and blockchain.
Extra articles
Gregory, a digital nomad hailing from Poland, isn’t solely a monetary analyst but additionally a beneficial contributor to numerous on-line magazines. With a wealth of expertise within the monetary business, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a e-book about cryptocurrency and blockchain.
