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 Arbitrum’s 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 AX’s 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.
