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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Antarctic Exchange Mainnet Goes Live: Earn AX Points and Shape the Future of DeFi Trading

Bitcoinist
by Bitcoinist
Last Updated: March 12, 2025 11:49 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

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

  1. 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

  1. 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)

  1. 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:

  • Website: https://www.antarctic.exchange/
  • Twitter: https://x.com/Antarctic_EX
  • Discord: https://discord.com/invite/antarcticexchange
  • Telegram: https://t.me/Antarctic_EX

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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