ALPHA PUBLIC BETA ON $BNB. The historic moment is set for next Monday, 11th of September.
07 Sep 2023, 10:01
📈 ALPHA PUBLIC BETA ON $BNB 📈
The historic moment is set for next Monday, 11th of September. The launch of ALPHA to the public will mark a point where the industry starts shifting from an era of inefficiency to a new age where the experience onchain begins to compete with CEXs.
ALPHA is based on an RFQ (request for quote) model, allowing liquidity to be scaled with superior capital efficiency and a class-leading asset selection ✨
The beauty of ALPHA is the fees (with spreads) decrease as we advance. Increased volume = more competitive trades on ALPHA. We’re still in beta. It will get BETTER.
The ultimate goal is to introduce multiple hedgers that compete with each other, bringing fees 📉 even more.
♐️ Open interest available at public beta launch: $2M USD
♐️ Maximum position size at public beta launch: $450K USD
BOTH numbers will be ramped up over time. The caps will be substantially higher for the launch on #opBNB.
Additional volume will be incentivized both through a referral system, decentralized trading competitions, and targeted campaigns.
The funding rates are currently under audit, and will be rolled out for the release on opBNB. Features like stop loss will be introduced at a later date.
Join $THE community and get ready!