The derivative DEX project KTX.Finance announces the launch of its mainnet, detailing five highlight innovations
A variety of activities are about to be launched.Author: KTX.Finance
The KTX.Finance mainnet is scheduled to launch on May 30, 2023, at 3 PM (UTC). Early $KTC token holders can now stake their tokens on the protocol's "Earn" page to earn substantial rewards.
The launch of the KTX.Finance perpetual exchange mainnet is a testament to the team's extensive development work, rigorous testing, and successful audit results. This launch reflects the team's commitment to providing a secure, transparent, and user-friendly platform for digital asset trading.
KTX.finance is essentially a decentralized derivatives exchange supported by a hybrid multi-asset liquidity pool, with 50% of the assets being stablecoins ($BUSD and $USDT) and the remaining 50% being $BTC.B, $WETH, and $BNB. Traders can enjoy up to 50x leverage fully on-chain, while liquidity providers can benefit from high sustainable returns paid in $BNB tokens.
This unique design, combined with a custom-built oracle, allows traders to execute trades with zero slippage and zero price impact. KTX.finance uses a customized oracle to calculate the median asset prices from seven different centralized exchanges. $BTC, $ETH, and $BNB have extremely deep liquidity, and the dataset from the seven exchanges makes KTX.finance more secure and neutral.
1. Launch of $KTC/$USDT Pancake V3 Pool
The native token of KTX.Finance, $KTC, serves as a utility and governance token, playing an indispensable role in the ecosystem. The protocol has listed the $KTC token on the PancakeSwap V3 Pool, providing early users and followers with an exclusive opportunity to be among the first to acquire $KTC governance tokens. This initiative aims to give our community priority in purchasing $KTC tokens, ensuring that community members can stake $KTC tokens early to gain a larger share of trading fees.
To celebrate the mainnet launch, KTX.Finance encourages the community to trade and earn more $KTC tokens to unlock a range of exclusive benefits and rewards. Traders holding $KTC tokens are eligible to participate in governance decisions, earn passive income, and enjoy exclusive platform features.
2. Exclusive Benefits of $KTC Token
Holders of the $KTC token can receive the following rewards:
1) 30% of the protocol trading fees distributed in $BNB.
2) $esKTC tokens.
3) Multiplier points.
Additionally, KTX.Finance will soon host new promotional activities, such as Trading Gamification, Daily Logins Tasks, and Trading squad competitions, to encourage more exciting community activities and reward the community in various ways. In the Trading Games event, users who stake $KTC will have increased chances and scales of receiving bonuses and rewards drops.
3. Community-Owned Protocol
KTX.Finance has the following unique features compared to other DEXs:
There is a lack of on-chain derivatives trading platforms on the BNB chain that reward liquidity providers with actual yield. With the support of the BNB chain and other major investors, Finance will have a significant first-mover advantage.
KTX.Finance's design considers sustainability and is the only perpetual DEX on the BNB chain that pays liquidity providers in $BNB tokens. Other projects pay yields in native tokens to attract users with high returns, which is not sustainable.
KTX.Finance features a meticulously designed "DeFi lego blocks" pipeline that will add immense value for users. Through various integrations, KTX.Finance is committed to protecting liquidity providers and reducing the risks of unhedged contract biases and asset volatility through social trading and extensive integration with other BNB chain DeFi protocols.
KTX.Finance listens to user feedback and is dedicated to creating a better user experience for traders through composite orders and multi-asset swap trading. Composite orders allow traders to open positions, take profits, and set stop losses with one click.
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 currently available in the market.
KTX.Finance has undergone multiple iterations, and we believe that the current token distribution and issuance arrangements will ensure that KTX.finance is a "community-owned" protocol in the long run.
KTX.Finance offers traders a range of benefits, making it the preferred platform for digital asset trading. The platform provides competitive fees, high liquidity, real-time price settlement, and robust risk management mechanisms. Furthermore, the platform employs state-of-the-art security measures to ensure the highest level of asset protection.
Join the revolution of decentralized finance with KTX.Finance and take advantage of the immense opportunities it brings. Follow KTX.Finance on Twitter, Medium, and Telegram for the latest updates.
