Antarctic Exchange Mainnet is officially operational: Earn AX Points and participate in the evolution of decentralized finance trading.
In Brief
The Mainnet has officially been launched by Antarctic Exchange, bringing forth innovative trading capabilities paired with a distinct AX Points Activity designed to reward early adopters.
Antarctic Exchange (AX) Antarctic Exchange , a cutting-edge decentralized perpetual contract trading platform, has officially activated its Mainnet, rolling out new trading features and a unique AX Points Activity as a token of appreciation for early users.
Built on the robust Arbitrum blockchain, Antarctic Exchange is releasing a hybrid DeFi trading experience that merges the reliability of on-chain transactions with the speed and efficiency characteristic of centralized systems. This launch represents a significant leap in AX's quest to enhance trading in decentralized derivatives. Mainnet Presenting the AX Points Activity: Earn and Exchange for AX Tokens
To commemorate the launch of the Mainnet, Antarctic Exchange is initiating the AX Points Activity, a rewards program aimed at motivating traders, liquidity supporters, and community members. Users can accumulate AX Points through various actions such as trading, providing liquidity, and inviting others, with plans for all earned points to be convertible into official AX tokens in the future.
Participants can earn AX Points through a variety of actions, ensuring that their contributions to the ecosystem are rewarded:
How to Earn AX Points
1. Social Engagement (One-Time Bonus) – 100 AX
– Join the Antarctic Exchange Discord to earn 50 AX.
2. On-Chain Actions (One-Time Bonus) – 600 AX
– Follow AX on X (Twitter) → 50 AX
– Execute a transaction on the Mainnet to receive 200 AX.
– Deposit funds on Arbitrum → 100 AX
– Deposit funds on Ethereum → 100 AX
– Provide liquidity on Arbitrum → 200 AX
3. Ongoing Trading Rewards – Up to 1,000 AX Daily
– Your trading volume will be calculated using: Number of contracts multiplied by Contract multiplier times Transaction price.
– Earn 1 AX per 100 USDT in trading volume
4. Referral Bonuses (Ongoing) – Up to 500 AX Daily
– Maximum of 1,000 AX per day (100,000 USDT volume cap)
– Referrals must yield at least 1,000 AX Points to qualify.
– Earn 100 AX per qualified invite
AX Points Anti-Inflation Safeguard
– Maximum of 5 invites per day (500 AX cap)
To protect the long-term worth of AX tokens, a burning mechanism and dynamic exchange rates have been instituted:
Burn Mechanism: 5% of AX Points will be deducted if there is no activity for 7 days, and 50% will be taken if inactive for 28 days.
Points accrued during the testing phase will remain intact and will not be subject to burning or loss.
Please Note:
AX Points reflect user contributions within the ecosystem. In future, Antarctic Exchange might provide additional benefits to holders of AX Points.
Trading points are finalized when a user completely closes their position.
All transaction finalizations follow UTC timings.
is a decentralized perpetual contract exchange aiming to deliver rapid, low-cost, and secure derivatives trading. Built upon Arbitrum’s capabilities, AX seeks to utilize layer-2 scaling and a hybrid model to create a user experience akin to centralized exchanges within a decentralized context.
About Antarctic Exchange
Antarctic Exchange The platform's ambition is to transform the decentralized trading scene by offering substantial liquidity, sophisticated risk management solutions, and cutting-edge reward systems that empower traders globally.
The launch of the Antarctic Exchange Mainnet is a defining event for those engaged in DeFi trading. By taking part in the AX Points Activity, users can reap rewards, contribute to the platform's growth, and solidify their position in the future of decentralized trading.
Join the Future of DeFi Trading
, please remember the details on this site are not meant to serve as legal, tax, investment, financial, or any other type of counsel. It's crucial to invest only what you can afford to lose and seek advice from a financial professional if needed. For more information, refer to the terms and conditions and support resources provided by the issuer or advertiser. MetaversePost is dedicated to delivering accurate, impartial news, but market conditions can change without prior notice.
For more details, visit:
- Website: https://www.antarctic.exchange/
- Twitter : https://x.com/Antarctic_EX
- Discord : https://discord.com/invite/antarcticexchange
- Telegram : https://t.me/Antarctic_EX
Disclaimer
In line with the Trust Project guidelines Gregory, a digital nomad from Poland, combines his prowess as a financial analyst with contributions to various online publications. His extensive experience in finance has garnered him recognition across several outlets. In his free time, Gregory is busy penning a book focused on cryptocurrency and blockchain technology.
