Understanding the Competitive Advantages and Development Strategies of the Decentralized Derivatives Platform KTX.finance in One Article
KTX.finance is currently conducting a testnet airdrop event.Author: KTX.finance
The core of KTX.finance is a decentralized derivatives exchange supported by a hybrid multi-asset liquidity pool, with one side being 50% stablecoins (BUSD and USDT) and the other side being 50% assets (including BTC, WETH, and BNB). Trading users can fully utilize up to 50x leverage on the BNB chain. Liquidity providers can enjoy sustainable returns paid in BNB Tokens. This unique design, combined with a self-built custom oracle, allows trading users to execute trades with zero slippage and zero price impact.
KTX.finance's custom oracle uses the median price of assets calculated from 7 different CEXs. BTC, ETH, and BNB have extremely strong liquidity, and the distributed dataset across 7 CEXs makes it extremely difficult to manipulate the oracle.
Community-Owned Protocol
Among the many DEXs launched, KTX.finance has the following unique competitive advantages:
1. There is a lack of on-chain derivatives trading platforms that provide real yield returns to liquidity providers on the BNB Chain. With the support of the BNB Chain and other major investors, KTX.finance will gain a significant competitive edge.
2. KTX.finance was designed with sustainability in mind and is the only perpetual DEX on the BNB chain that pays liquidity providers in BNB. Other projects are attracting users with unsustainable high yields paid in native tokens.
3. KTX.finance has thoughtfully considered "DeFi Lego" attributes that will add tremendous value for users. Through various integrations, KTX.finance seeks to mitigate the risks of open contract skew and asset volatility by leveraging social trading and extensive integration with other BNB Chain DeFi protocols, thus protecting liquidity providers.
4. KTX.finance focuses on creating a better UI/UX for traders by implementing TradingView charts and complex orders. Complex orders will allow traders to open positions, take profits, and set stop losses with a single click.
5. KTX.finance is the first perpetual DEX to introduce dynamic fees for opening and closing orders based on asset utilization. Traders can be assured that our trading fees are the lowest in the current market.
6. KTX.finance has undergone multiple iterations and believes that the current token distribution and issuance timeline will ensure that KTX.finance is a "community-owned" protocol in the long run.
KTX.finance Testnet Airdrop Event
KTX.finance is currently conducting a testnet airdrop event. In less than 3 weeks since the testnet launch, KTX.finance has achieved a trading volume of $1 billion on the testnet and has over 1,600 users (with each BSC testnet faucet providing 50k BUSD). Currently, KTX.finance has over 5,000 unique users participating in the testnet.
KTX.finance Airdrop
KTX.finance is conducting a continuous airdrop of KTX tokens to reward early testers. Users who actively trade on the KTX.finance testnet during this period will be eligible to receive KTX.finance gacha boxes. When KTX.finance launches its tokens on the mainnet around mid-March 2023, these gacha boxes can be opened to claim KTX tokens.
Throughout the KTX.finance testnet period, participating eligible users must engage in perpetual trading with 100 BUSD as collateral within 14 days after the mainnet launch to claim their rewards. This 14-day reward claim window will begin after the KTX.finance mainnet launch and the perpetual trading feature goes live. This airdrop mechanism ensures that active trading users of KTX Finance will be the ones to gain the most token rewards and protocol control.
The airdrop will focus on traders who actively test KTX.finance. We believe that the weighted distribution of KTX tokens will benefit the protocol in the long run.
KTX.finance Test Webpage.
Participation Guide:
a. Visit the KTX.finance airdrop claim page.
b. Connect your BNB wallet.
c. If eligible, you will be able to claim free KTX.finance airdrop gifts.
d. Users who actively trade on KTX.finance are eligible to receive free KTX.finance airdrop gifts.
e. When the Token is launched in Q1 2023, you can open the KTX.finance airdrop gifts to claim KTX tokens.
f. Eligible users from the testnet must engage in perpetual trading with 100 BUSD as collateral within 14 days after the mainnet launch to claim KTX.finance airdrop gifts.
About KTX.finance
