Topic: [ANN] MCDEX - Decentralized Derivatives Exchange - Perpetual, Futures (Read 320 times)

MCDEX launching on Arbitrum Rollup L2 testnet
MCDEX is thrilled to announce its testnet launch on Arbitrum Rollup, a layer two optimistic rollup scalability solution for Ethereum built by Offchain Labs!


The migration of DeFi protocols to Ethereum L2 will be the real battlefield of derivatives in the DeFi space. Once built on Ethereum L2, perpetual swaps, the most popular way of trading cryptocurrencies, will be able to realize their full potential. The launch of MCDEX on Arbitrum is revolutionary and MCDEX is excited to launch their testnet on Arbitrum Rollup. This launch will allow MCDEX to bring decentralized perpetual swaps to the mainstream public.

Read how it works here: https://mcdex.medium.com/mcdex-launching-on-arbitrum-rollup-l2-testnet-d374edcb9de2.

Monte Carlo DEX (MCDEX) on September 26 launched a liquidity pool (HAN) that will last 14 days
https://medium.com/@montecarlodex/liquidity-mining-round-han-20ec85e025aa

Due to the very large commission in the ether network, reaching about 500 gui, a vote was taken, according to the results of which it was decided to reduce the reward for providing liquidity to 0.2 MCB / block from September 11, 2020 https://forum.mcdex.io/t/proposal-14-reduce-mining-reward-to-0-2mcb-block/215

MCDEX wrote an article on the bounty program, reward for bugs and bugs in a smart contract
https://medium.com/@montecarlodex/mcdex-bug-bounty-program-b4389247b628

DeFi is promising. I knew about dydx. I traded on your platform. Exploring your user interface. Good start. Is there a document that lists the comparison between MCDEX and dydx?

All new affiliates have been accepted. You must have gotten an email.

Up to now, 2020 is tough. But we’ll still deliver the following plans:

1. Designing AMM’s pricing formula for perpetual contracts to improve capital efficiency and low slippage.

2. Developing mobile products and work closely with more wallets.

3. BTC-PERP. MCDEX will launch the BTC perpetual contract soon. Before launching the contract, we will discuss the MCDEX BTC-PERP with our community, investors, users, and other stakeholders.

4. Introducing solutions to improve transaction performance by 10 times. The blockchain infrastructure is constantly improving, and new technologies are constantly emerging. Based on our understanding of the MCDEX business, we will introduce suitable infrastructural technologies to greatly improve the transaction performance of MCDEX by 10 times.

5. Security is our top priority. We’ve set up a global settlement committee during extreme situations to deal with the volatility of the market and attacks. The power of the admins, which is enabled by the global settlement, will be given to the governance committee, who can decide when to start a global settlement and the detailed rules of it. The committee will be community-led. We will gradually move the governance responsibility to the committee, who are stakeholders of MCDEX, like active uses, the market-making team, early investors, etc. Detailed regulations will be shared soon.

You can read more about our Future Plans here - https://medium.com/@montecarlodex/mcdex-2020-prospect-b47a74cd94d3

Let us know if you have more questions for us.

Thank you!

I signed up for your affiliate program. Please accept my application.

What are your future plans?

Please refer to the reference section on our website - https://mcdex.io/references/#/

In order to learn more about DeFi, I suggest you subscribe to the newsletters on DeFi pulse. There are quite a few good ones like DeFi Value, Dose of DeFi, etc!

Where can I read more about your project as well as in general about the DeFi Industry? I heard that DeFi Pulse is a good place to start.

Please join this group to know more - https://t.me/mcdex_bounty_affiliate

Do you have any set of guidelines that a trader needs to follow? Sometimes the rule is simple but there are underlying conditions before one can get the bonus.

Yes, it is valid. Just connect your wallet and start trading. 10$ will be refunded in 5 or less than 5 days!

The first 100 users who trade ETH worth 10 $ or more will get a refund of 10 USDT,
is this still valid now? I want to try it, and please provide detailed information so that you can follow the instructions to get a bonus of $ 10 right now, is it enough to just buy one time and the bonus goes directly to my account?
or there are other requirements for claim bonuses applied