Monkey.Crypto

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Monkey.Crypto

Monkey.Crypto

@Mankey_Eth

#Monkey #Nft @Monkey || @TRONDAOF || #TRX https://t.co/fyC7Actaow || @BitTorrent #BTT https://t.co/F7uNcH63px | @htx_global Advisor || #Btc #Bnb

Katılım Kasım 2023
55 Takip Edilen10 Takipçiler
sam.rx
sam.rx@sam_battenally·
Our Season 0 retro points dropped last night. A total of 1.6M points were allocated to the early users of the venue! While some users are stoked with the outcome, others received below their expectations. I suspect our model differs from most venues, so a clarification is warranted. As a product builder I like to ship incrementally, test features, iterate and adapt. You can't do that with a drop like this. A large chunk total allocation goes out in one shot, you get one chance to set the incentive structure for everything that follows. So rather than looking at how others did it, we took a first-principles approach. Retro allocation Our goal was to ensure a smooth transition between the seasons while giving an increased boost to early users given they participated on the venue when it was less mature. We landed on 1.6M points directed to the retro drop followed by a 200k weekly emission for season 1. Given S0 had a $47M daily average, and we’re now tracking for a ~$98M daily average during the first week of S1, meaning S0 traders received a 40% bonus on pts-per-volume relative to S1 so far. Depending on the length of the program, we expect this will be 15-20% of the total points allocation. We checked this number against other programs. Our pre-season was 12 weeks, relative to competitors this was generous. We felt this was a good way to reward the early users. Retro points model So what are the goals of the retro drop? Here’s what we prioritised: - Genuine traders, the kind we want on the venue regardless of points - Reward genuine economic spend - Reward earlier users for trading on a less mature venue - Reward retention and encourage more of it Now I can’t share too many specifics because we intend to continue using a similar model, albeit with tweaks and different weights and boosts, but I’ll share enough to add clarity to our approach. The primary contributors to the model are: - Trading & Liquidation Fees: What the users spent on the venue - Slippage: Rewards high value whale takers who provide good flow to the exchange. - Maker Adverse Selection: Makers who were adversely selected actually got paid back on it - OI Carry: Cost-of-capital to hold market exposure on the venue Additional contributors include a retention boost and user segmentation. Referrals follow the same logic. If you refer someone, you earn 10% of the points they generate, not their raw volume. They keep every point they earn, and you earn an additional 10% alongside them. Retention The retention boost is simple. The more you use the product, and the longer you have used it, the more boost you receive, and the more you will continue to receive as season 1 continues. Slippage Traders who are willing to put large orders directly into the book create opportunity for market makers, but also lead to skew in the book, which in turn attracts more sophisticated traders, like systematic traders and funding-rate arbitragers. This diverse user base is what creates a really healthy venue. Additionally, we found this rewarded the most active click traders, in particular scalpers, swing traders, momentum traders and traders who put large orders directly into the book. This cohort is a priority. Note: Slippage is potentially gameable so we’re quite cautious about it. Per-week distribution We decided against a fixed-weekly allocation. Why? During Season 0 the daily volume ranged from $10M per day to . Given the variance in activity week-to-week, a fixed-weekly distribution would lead to very large outliers, leading to grossly underpaying and overpaying for the same activity. Rather, we boosted the early traders relative to their baseline. Week 1 starting with the largest multiplier, linearly declining to no multiplier for the last week. Why have users received vastly different drops based relative to their volume? Volume is considered, but only through fees and other metrics. Consider two users. Fred, a swing trader who puts larger taker orders in the book, vs an algo market maker, John. Fred’s costs will be fees (3bps taker) and slippage. Depending on how large the order is and how thin the books are, the cost of slippage can vary greatly. This is a real cost Fred has to pay to participate on the venue. John’s costs, however, will be a 1bps maker fee plus any adverse selection they experience by holding limit orders on the book. The best measure of adverse selection is markouts, you essentially look at how bad your execution is relative to the price in a short period of time. Negative maker markouts capture genuine economic contribution to the venue, but they are much smaller than slippage on aggregate. As a result, Fred's cost will often be over 4x John's per unit volume. Concentration The top 100 HL traders generate ~35% of fees, top 1,000 users generate ~70%. That reflects the healthiest market structure among perps DEXs. The fact is, perpetual exchanges are concentrated, and RISEx is no exception. We took measures to reduce the concentration and flatten out the distribution. However, this increases the sybil attack surface, so it’s difficult to do well. Additionally, RISEx has one big benefit here, we have one primary market maker, the XLP vault, which receives no points for trading activity. XLP is almost 50% of the volume on the venue and received zero points for trading. The Genesis Pool The Genesis Pool is a 100k-point pool reserved exclusively for season 0 traders and will be distributed over the first 4 weeks of Season 1 (In addition to the 200k weekly Season 1 drops) Genesis Traders who stay active on the venue will earn from the pool. Distribution is weighted by activity and skewed toward the earliest traders. This is a way for us to reward the early users that continue trading on the venue and reinforcing retention What next? Season 0 laid the scaffolding and rewarded the users who helped us get here. Season 1 is about building a world class exchange, realising the vision of atomic composability and unlocking a new wave of DeFi. We’re optimising for quality traders, deeper books and a healthy venue. Season 1 is live, the genesis pool is running. See you in the books.
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Jules | N1
Jules | N1@JulesXBT·
Just a small teaser of the upcoming listings after our liquidity vaults are launched
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Vexa
Vexa@VexaWeb3·
@risextrade I’m not saying RISEx is the only exchange but if you want the code, I’ve got you
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RISEx
RISEx@risextrade·
i'm not saying RISEx is the only exchange you need. but i'm not not saying it
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WuppertDefi
WuppertDefi@WuppertFutures·
Still got a handful of riseX code available!
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Ralph.goose
Ralph.goose@Ralph2sol·
First 200k in volume on @risextrade done! Market making powered by @tread_fi More invites dropping in two days Need an access code? Drop a comment 👀
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dTfN
dTfN@deTEfabulaNar_·
📢 I’m distributing invite codes for RISEx. FCFS! LAST CALL! ◽️Comment on this post and I’ll check your account and send your code. ◽️Let me show you why Risextrade could be a game changer — in just its first week, it achieved the following: 👇 "@risextrade ranks first or shares first place across almost every latency metric. It also shares the top spot with Lighter at a 0.01 bps spread. A paradise for small-scale scalping and HFT: I deal for ‘small, fast, frequent’ trading models (HFT, scalping, small-scale market makers)!" ◽️Why is it important to join RISEXTRADE in advance? 1- Points will be distributed retrospectively, and it's crucial to accumulate early entry points in that place. 2- Your referral codes are directly linked to your trading volume. Higher volume = more codes. The earlier the entry volume, the more referrals you will be able to apply with. And here's an important warning: Until April 30, 2026: 1 code → $10,000 trading volume 2 codes → $50,000 trading volume 3 codes → $100,000 trading volume 4 codes → $150,000 trading volume 5 codes → $200,000 trading volume (Maximum 5 codes per account) From May 1, 2026: 1 code → $100,000 trading volume 2 codes → $250,000 trading volume 3 codes → $500,000 trading volume 4 codes → $750,000 trading volume 5 codes → $1 million trading volume (Maximum 5 codes per account) In short: Trade more, earn more referral codes.
dTfN tweet media
sam.rx@sam_battenally

" RISEx ranks first or tied-first on essentially every latency metric. Spread at 0.01bps is also tied for first with Lighter. " Not bad for week one

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Ajay
Ajay@Ajay07157091·
I had 5 @risextrade invite code please dm or reply to this for code
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White Rabbit
White Rabbit@AirdropDuyuru·
🍀 I have a @risextrade invite code! I’d like to share it with people who will genuinely use it. If you’re interested, like this post and leave a comment.
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雪狐 (Yukiko).Rise
雪狐 (Yukiko).Rise@SeoZeroX·
🚀 Next-Gen Perp DEX Is Here Built for Real Traders If you’re still trading on outdated platforms, you’re leaving efficiency on the table. Introducing @risextrade a next-generation decentralized exchange designed for both spot & perpetual trading, powered by cutting-edge infrastructure. 💡 Why $RISEx stands out: • ⚡ High-speed execution with optimized on-chain performance • 🔗 Composable DeFi stack everything works seamlessly in one ecosystem • 📊 Perpetual trading built for pros • 🔐 Decentralized & transparent full control of your assets • 🌐 Backed by strong ecosystem players 🔥 Composability = Efficiency on your capital. This is what DeFi was supposed to feel like. If you’re serious about trading, RISEx is worth your attention. 👉 Stay ahead. Trade smarter. Scale faster. rise.trade/eni
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onderyazici
onderyazici@onderyazici·
RISEx @risextrade ekibinden yeni kodlar aldım. Sadece hacim yapıp platformu kullanacaklar belirtsin.
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onderyazici@onderyazici

RISEx @risextrade erken erişim için ekipten sizin için sınırlı sayıda invite kodu aldım. Sadece giriş yapacaklar için değil hacim kasacaklar ve protokolü kullananlara dağıtacağım. Yorumlarda kod isteyenler belirtsin.

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onderyazici
onderyazici@onderyazici·
RISEx @risextrade erken erişim için ekipten sizin için sınırlı sayıda invite kodu aldım. Sadece giriş yapacaklar için değil hacim kasacaklar ve protokolü kullananlara dağıtacağım. Yorumlarda kod isteyenler belirtsin.
onderyazici tweet media
onderyazici@onderyazici

RISEx @risextrade erken erişim elde edip giriş yaptım ve mümkün olduğunda hacim kasmaya başladım. Erken erişim için kod bulduğumda sizinle de paylaşacağım.

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Branxi
Branxi@OG_Branxi·
RiseX is now LIVE on TreadFi access to @risextrade is still limited to invite codes only, but you can already start trading wia @tread_fi MM/DN bots TreadFi season ends in just 3 weeks, you still have time to stack your points new feature just dropped - DGrid mode >automatically selects the optimal spread and Grid/RGrid mode for you >you only pick the DEX and token super simple and efficient app.tread.fi/referral/7WG1V…
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tread.fi@tread_fi

RISEx (@risextrade) is now live on tread.fi! Read the docs to learn how to connect your RiseX account docs.tread.fi/account-creati…

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HypingBull
HypingBull@hypingbull·
RISEx: MEGA EARLY OPPORTUNITY Being early is always the key to getting huge rewards. Early accounts usually farm points x10-x20 easier than people who come later. Not so long ago, I discovered a nice DEX at a mega-early stage: RISEx @risextrade. The platform has just opened its doors to the public. Literally the first days after the testnet!!! The platform is quite interesting. High-performance on-chain trading. On-chain order books, etc. I will link useful articles in a post below so you can get familiar with the tech. As always, the platform is in the invite-only mode. The team gave out not that many codes. But I have some invite codes to share with you, friends. DM me for the access code and leave a comment under this post so I don’t miss your message. Please, DM only if you really wish to ape and farm the project. The number of codes I have is limited! LFG! #RISEx P.S. Have to mark the post as "Paid partnership" because of stupid X rules. I received zero money for the post.
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