In celebration of adding WBNB and CAKE as Deri’s base tokens on Binance Smart Chain (BSC), Deri Protocol rolls out a promotional event of “Stamp & Win” with rewards.
Deri Protocol is a derivatives protocol that supports multiple tokens as base tokens for liquidity providers to provide as liquidity as well as for traders to deposit as margin. This unique feature of mixing various base tokens is what team calls a dynamic mixed margin and liquidity framework. Within the framework, derivative trading can achieve an optimal capital efficiency, which is potentially higher than that of centralized exchanges.
Step 1: Click the “STAMP” button three times. Note that the stamp button can only be clicked once a day.
Step 2: Approve your wallet on Deri Protocol when you have completed all three “STAMP”
Step 3: Click the “CLAIM” button to get Deri Position token which includes a 1.5 BUSD Initial Margin, one BTCUSD smart contract, and one ETHUSD smart contract. Please be aware only the first 5,000 new addresses can claim the Ptoken.
Sample of the NFT which includes 1.5 BUSD Initial Margin, one BTCUSD perpetual contract, and one ETH perpetual contract. The dynamic effective balance is 1.49 BUSD because 0.01BUSD was paid to open positions.
Step 4: Complete at least three trades on Deri Protocol. Please refer to the guide here on how to trade.