Kwenta
Gain exposure to cryptocurrencies, forex, equities, indices, and commodities on Ethereum with zero slippage
All edits
Traders can long or short popular synthetic cryptocurrencies, commodities, forex, and equities without the limits or compromises of a centralized exchange. Kwenta lives on Optimism as well as L1, offering users low gas fees and near instant transactions.
Traders can long or short popular synthetic cryptocurrencies, commodities, forex, and equities without the limits or compromises of a centralized exchange. Kwenta lives on Optimism as well as L1, offering users low gas fees and near instant transactions.
February 17, 2022
Put simply; dynamic exchange fees are additional fees paid by traders under volatile market conditions that neutralize front-running opportunities and protect stakers. Rather than relying on higher base exchange fees for all traders, fees will dynamically adjust during periods of market volatility to ensure that front-running opportunities are neutralized immediately. Lowering base exchange fees significantly for all supported Synths is likely feasible with this fee in place. However, this discussion of fees is a conversation for the Spartan Council and the overall decentralized governance process for Synthetix.
February 14, 2022
Details:
Deal Token: $KWENTA
Pool Time: Feb 14th (2PM EST) - Feb 28th (2PM EST)
Sponsor: Kwenta treasuryDAO
Currency Accepted: sUSD
Valuation: $100M total pre-inflation supply
Pool Length: Two weeks
Pool Type: Uncapped
Vesting: None (instantly exchangeable for $KWENTA in April)
Amount Available: 15,668.65 KWENTA (5% of pre-inflation Supply)
GOAL: 5M $sUSD
October 2021
Synthetix and Kwenta are extremely excited to launch the Kwenta Testnet Futures Trading Competition. This competition will act as a demonstration of how perpetual futures trading on Kwenta will feel as we continue to refine the experience and prepare for the mainnet launch.
Competition rules
How to win:
Generate the most amount of profit with Kwenta’s future’s product, working your way as high up the leader as possible.
Prizes:
1st place: 15,000 sUSD worth paid in SNX + Rare Kwenta NFT
2nd place: 7,000 sUSD worth paid in SNX + Rare Kwenta NFT
3rd place: 3500 sUSD worth paid in SNX + Rare Kwenta NFT
4th-20th place: 500 sUSD worth paid in SNX
21st-100th place: 200 sUSD worth paid in SNX
NFT winners will be able to use their NFT to gain access to private groups and hidden features in Kwenta. All competition participants will also be able to acquire a POAP. The prizes listed above are guaranteed; however, there may be additional prizes…
End Time:
The competition will run for 1 week.
Edit: The competition duration has been shortened to 1 week due to a mandatory regenesis of the Optimism Kovan Testnet. The new end time is provided in the widget below.
Kwenta enables traders to access derivatives on-chain with leverage using the power of the Synthetix protocol.
Traders can long or short popular synthetic cryptocurrencies, commodities, forex, and equities without the limits or compromises of a centralized exchange. Kwenta lives on Optimism as well as L1, offering users low gas fees and near instant transactions.
Kwenta
Gain exposure to cryptocurrencies, forex, equities, indices, and commodities on Ethereum with zero slippage
Kwenta
Gain exposure to cryptocurrencies, forex, equities, indices, and commodities on Ethereum with zero slippage
Kwenta
Gain exposure to cryptocurrencies, forex, equities, indices, and commodities on Ethereum with zero slippage
Find more companies like Kwenta
