Unlocking Opportunities: Chromatic Protocol Launches on Arbitrum Mainnet with Liquidity Boost Round
The crypto space is abuzz with excitement as Chromatic Protocol celebrates its milestone launch on the Arbitrum Mainnet. After months of meticulous development and testing, the Chromatic team is proud to announce the arrival of its cutting-edge protocol, opening up new avenues for decentralized futures trading. As the industry continues to evolve, Chromatic Protocol is at the forefront, offering innovative solutions and opportunities for traders and liquidity providers alike.
Chromatic Protocol on Arbitrum Mainnet: A New Era Begins
On February 21, 2024, Chromatic Protocol marked its official debut on the Arbitrum Mainnet, signaling a significant step forward in the journey towards decentralized finance (DeFi) excellence. The mainnet launch represents the culmination of months of hard work, dedication, and community support. With the platform now live, traders can access a range of features and functionalities designed to enhance their trading experience.
The mainnet release of Chromatic Protocol brings forth several key specifications, including:
- Blockchain network: Arbitrum
- Market: USDT-BTC/USD (Chainlink Push)
- Settlement token: USDT
- Leverage: Maximum leverage x50
- Liquidity pool types: Crescendo, Plateau, Decrescendo
- Liquidity pool direction types: Long & Short, Long Only, Short Only
- Number of liquidity pools: 9 pools
- Protocol fee rate: 50% of trading fee
- Interest rate: 10% per year
With these specifications in place, Chromatic Protocol offers a robust and versatile trading environment, catering to the diverse needs of traders and investors.
Liquidity Boost Round #0: Seizing the Opportunity
To celebrate its mainnet launch in style, Chromatic Protocol has kicked off Liquidity Boost Round #0, inviting users to participate in providing liquidity and earning lucrative rewards. This initiative aims to bolster liquidity on the platform while incentivizing early adopters to contribute to its growth.
Liquidity Boost Round #0 features the following specifications:
- Min Cap: 100K USDT for each pool
- Max Cap: 400K USDT for each pool
- Lockup: 8 weeks (Starting from February 28th, 00:00 UTC)
- CHRMA allocation: 100K CHRMAs for each pool
- BP pools (Warmup Pools): 3 pools of USDT-BTC/USD market (Crescendo long & short, Plateau long & short, Decrescendo long & short)
- Warmup LP MAX Cap: $1,200,000
- Reward for Warmup LP: 300,000 $CHRMA
- Additional boost for Pre-registration participants: 5% — 30%
How to Participate:
Participating in Liquidity Boost Round #0 is simple and straightforward. Traders can provide liquidity to the warmup pools during the specified period to join the initiative. Once the warmup period concludes, the collected liquidity will be transferred to the mainnet liquidity pools, and participants will receive CHRMA tokens as a reward for their contribution.
Conclusion: Embracing the Future with Chromatic Protocol
As Chromatic Protocol paves the way for decentralized futures trading, traders and liquidity providers have a unique opportunity to be part of this groundbreaking journey. With the mainnet launch and Liquidity Boost Round #0 in full swing, now is the time to seize the moment and unlock the potential of decentralized finance.
Join Chromatic Protocol today and embark on a journey towards financial freedom and innovation.
Connect with Chromatic Protocol:
- Testnet app: https://testnet.chromatic.finance/trade
- Twitter: https://twitter.com/chromatic_perp
- Discord: https://discord.gg/bPR4uBfBu4
- Docs: https://chromatic.gitbook.io/docs/
- GitHub: https://github.com/chromatic-protocol
- Medium: https://medium.com/@chromatic-protocol
- Linktree: https://linktr.ee/chromaticprotocol
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. Investors and traders should conduct their own research and consult with a professional financial advisor before making any investment decisions.
