DeGate is looking for early adopters to use key features of their “Layer 2 Orderbook DEX” and experience the benefits of their platform firsthand. The $23,000 available “Airdrop” will be distributed among qualifying participants when the event is complete in 2 weeks. Read on for details.

What is DeGate DEX

DeGate - a ZK-rollup order book DEX offering a CEX-like experience + makers can trade for FREE! DeGate also holds the prestigious “Stage 2” label on L2Beat, distinguishing it as one of the most trustless DEX platforms in the Layer 2 landscape.

Event Details:

Eligible users can participate in up to three activities, increasing their share of the airdrop!

1. Grid Trading (Limited to 30 users)
2. Spot Trading (Limited to 30 users)
3. Dollar-Cost-Averaging (DCA) (Limited to 30 users)

Space is limited and eligible participants are assigned on a first-come, first-served basis.

Eligibility details for each activity follow (See “How to Participate”)

Be an early adopter of DeGate DEX at https://app.degate.com/?s=defiant

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How to participate:

Review the eligibility criteria and qualification requirements of each activity and complete the corresponding “Enrollment Form.”

Important Disclaimer for Participants:

1. One wallet per user. If malicious sybil reward farming is detected, DeGate reserves the right to cancel a participant's rewards.
2. DeGate reserves the right to withhold user rewards if any attempts to manipulate or abuse the system are detected.

Activity 1: Decentralized Grid Trading (Limited to 30 users)

Eligibility: a) Prior experience in Grid Trading, Or b) current LP on AMM DEX for a minimum of 7 days

Qualifications:

1. Initial Investment: Commit a minimum of $2,000 to your grid trading strategy.
2. Duration: Engage in grid trading for at least 14 days (starts the day you open the grid strategy).
3. Flexibility: You are free to set and adjust your grid trading strategy. For example, you can choose the trading pair, set the price range, or use a single-sided grid. You can also close and open new strategies during the 14-day qualification period.
4. Reward: Airdrop opportunity! (USDC + $DG tokens)🎈.

Enrollment Form: Click here to enroll in the Early Adopter Grid Trading activity!

Tutorial: How to Open a Grid Trading Strategy

Be an early adopter of DeGate DEX at https://app.degate.com/?s=defiant

Activity 2: Spot Trading (Limited to 30 users)

Eligibility: a) You’ve placed a Limit or Market Order on an order book exchange. b) you have traded at least 1 ETH in the last three months.

Requirements:

1. Trade ETH on DeGate DEX using Limit Order or Market Order.
2. There must be ETH trades on at least 4 distinct days in a month across any available pairs (ETH-USDC, ETH-USDT, or ETH-USDM.)
3. Keep a daily average balance of $1,000 for one month in your DeGate Balance, including funds in open limit orders, grid trading, and idle funds.
4. Reward: Airdrop opportunity! (USDC + $DG tokens)🎈.

Enrollment Form: Click here to enroll in the Early Adopter Spot Trading activity!

Be an early adopter of DeGate DEX at https://app.degate.com/?s=defiant

Activity 3: DCA (Dollar-Cost-Average) (Limited to 30 users)

Eligibility: a) You have experience using a DCA (Dollar-Cost-Average) plan, automatically or manually.

Requirements:

1. Open one or more DCA plans from one month from the date you open the plan.
2. DCA plan executes at least 4 trades in a month to a total volume of $500 or more.
3. Keep a daily average balance of $500 for one month in your DeGate Balance, including funds in open limit orders, grid trading and idle funds.
4. Reward: Airdrop opportunity! (USDC + DG tokens)🎈.

Enrollment Form: Click here to enroll in the Early Adopter DCA activity!

Be an early adopter of DeGate DEX at https://app.degate.com/?s=defiant

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Important note from The Defiant: DeGate is a proud sponsor of The Defiant, and this is a paid promotion. The Defiant does not benefit from an individual's participation in The DeGate Airdrop event, nor do we endorse their product or services. We encourage all participants to perform their own due diligence and remind our audience that Cryptocurrency investments, including airdrops, are inherently high-risk.

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