Check out SubstanceX which this platform tries to be more user-friendly and safe than centralized exchanges if you like trading decentralized cryptocurrencies. There are many trading tools, One-ClickTrade technology, and SubstanceX’s SEX token for governance and liquidity, all accessible. This article will explain SubstanceX and how to claim a SubstanceX airdrop.
What is SubstanceX?
SubstanceX, a decentralized trading platform, aims to revolutionize online trade. It is based on the layer 2 scaling technology, Arbitrum, which allows for quick, inexpensive, and secure transactions on the Ethereum network. With the help of its intuitive 1-ClickTrade technology, SubstanceX provides a comprehensive variety of trading products, including futures and options.
Thanks to technology, users may now conduct transactions with a single click, skipping many screens or stages. Additionally, SubstanceX features a native coin called SEX that is essential for governance and liquidity incentives. By providing liquidity, engaging in trade, or contributing to the ecology of the platform, users may earn SEX tokens.
A group of seasoned and committed experts launched SubstanceX to outperform centralized exchanges regarding product experience and security and accelerate the transition to decentralized trading methods.
Decentralized trading, which provides consumers with greater freedom, transparency, and justice, is what the team thinks will shape online trade. SubstanceX aims to establish itself as the go-to option for all users who wish to transact fast, simply, safely, and profitably online.
What are the features and benefits of SubstanceX?
The platform SubstanceX provides its customers with a wide range of features and advantages. Here are some of the more important ones:
SubstanceX is a decentralized trading platform that doesn’t depend on intermediaries or other third parties to complete transactions and offers a better user experience and level of security.
Numerous trading options and futures are among the many trading products that SubstanceX provides to meet the demands and preferences of its consumers.
Smooth 1-ClickTrade technology for quick and simple transactions: SubstanceX has created a special technology called 1-ClickTrade that enables users to complete trades with a single click without going through many menus or procedures.
Native SEX coin for governance and liquidity incentives: SubstanceX has its native token, SEX, which is essential for governance and liquidity incentives.
What is the SubstanceX airdrop?
An airdrop is a way to get free tokens or coins by doing tasks or meeting some conditions. SubstanceX is giving away 1,200,000 SEX tokens to users who try their platform on the testnet. The testnet is a fake environment where users can trade futures and options without real money.
The airdrop lasts three weeks, from August 15 to September 5, 2023. Users can earn energy points by trading on the platform. The more energy points, the more rewards. The top 35% of users will share 300,000 SEX tokens, and the rest will share another 300,000 SEX tokens each week. Another 200,000 SEX will be given to top traders each week. The rewards will be sent after TGE, and the winners will be announced on Twitter.
The native tokens of SubstanceX, a decentralized trading platform that provides various trading products, including futures and options, are called SEX tokens. SEX tokens are a crucial component for platform governance and liquidity incentives. By providing liquidity, engaging in trade, or contributing to the ecology of the platform, users may earn SEX tokens.
Users may also vote using SEX tokens on crucial platform development issues like fee structures, product launches, token burns, etc. Because SEX tokens are ERC-20 compliant, they work with any Ethereum wallet that accepts customized tokens.
100 million SEX tokens are available, with 20% going to the team and advisors, 15% to the foundation, 15% to the ecosystem fund, 10% to the marketing and community fund, 10% to the liquidity mining program, 10% to the strategic partners, 10% to the private sale, and 10% to the public sale.
After the TGE (Token Generation Event), slated for September 15, 2023, SEX tokens will formally debut on the mainnet. The SEX tokens will be created and given to token holders during the TGE. Users may purchase, sell, or trade SEX tokens after the TGE on a variety of exchanges or platforms that do so.
How to participate in the SubstanceX airdrop?
If you want to participate in the SubstanceX airdrop, follow these steps:
- Step 1: Connect your wallet by visiting their website.
- Step 2: To see how many Care Packages you have earned, click the “Airdrop” tab.
- Step 3: Click “Reveal Care Packages” to claim your care package.
- Step 4: Click “Continue to BLUR”, “Open care packages for $BLUR”, “Next,” and then “Open for $BLUR” to claim your $BLUR.
- Step 5: Once you’ve tweeted to claim $BLUR, click “Verify Tweet” to confirm your action.
- Step 6: To claim $BLUR and confirm that you are not a US citizen, connect your wallet (such as MetaMask). To see your $BLUR holdings, you may need to add the $BLUR token contract to MetaMask manually.
- Step 7: Verify the purchase in your wallet.
The decentralized trading platform SubstanceX, which provides futures and options in addition to other trading products, has been described to you in this article.
The main advantages and features of SubstanceX were also covered, including its decentralized trading platform with top-notch security and customer support, its extensive selection of trading products, its straightforward 1-ClickTrade technology, and its SEX token, which is crucial for governance and liquidity incentives.
What is TGE, and when will it happen?
TGE stands for Token Generation Event, the official launch of the SEX token on the mainnet. The TGE is scheduled for September 15, 2023. After the TGE, users can buy, sell, or trade SEX tokens on various exchanges or platforms that support them.
How can I check my energy points and ranking?
You can check your energy points and ranking from this link. You will see a leaderboard to compare your performance with other users. The leaderboard is updated every hour.
How can I verify that I have received my rewards?
Following the TGE (Token Generation Event), the awards will be given out within 14 working days, and the specific number of awards for each address will be published in a Twitter announcement at the end of the test activity. You can follow SubstanceX’s Twitter page for the latest updates and announcements.