Partnered With:

01The trading platform launched the Power Perpetuals early access event

Read this article in 12 Minutes

01 The trading platform officially announced the launch date of Power Perpetuals! Starting Monday, all members of the trading circle will receive exclusive access to the 01 trading platform.

Original title: "01 Exchange—Power Perpetuals Early Access for the Trading Circle Members"

Original source: 01 Trading Platform Official Medium

< br>

Yesterday, the 01 trading platform officially announced Power Perpetuals launch date! From Monday, the trading circle will receive exclusive access to the 01 trading platform. Over the past few weeks, our team has spent countless hours auditing, testing and onboarding top liquidity providers in order to provide the best possible trading experience.

What is Power Perpetuals ? #SQUOL

Power Perpetuals are perpetual derivatives that offer a unique payout structure by increasing the underlying price of a perpetual option to a power. So if the Squared Solana (²) is worth $10,000 (i.e. if the Sol is $100), the Solana Square Root (¹/2) will be $10, and so on. This property is enforced by changing the typical perpetual futures funding rate to "mark_index^power".

Due to this unique feature, users can increase the leverage of the position, for example, if the price of the underlying asset doubles, its squared value will become 4 times. The main advantage Powers offer is the ability to reduce liquidation risk. In fact, unlike perpetual contracts, Power Perpetuals The contract cannot be liquidated due to its positive convexity.

However, power perps have much more utility and uses, and some of the risks involved, than can be summed up in a few lines than in our Read more in the full article on Perpetuals .

Early Access

To reward our supporters, we decided to let them experience Solana for themselves Deals on the first Power Perps. To do this, they need to meet certain requirements or win our 01 Allegiance NFT through an event/giveaway!

01 Loyalty NFT

The 01 Allegiance NFT can be declared in several different ways

< br>

1. Transaction: The total transaction volume reaches 1500 USD.

2, giveaways and lucky traders

Join the 01 event on Discord and Twitter ;

Be one of the lucky traders who received 01 Allegiance NFT airdrops throughout the day.

Snapshots of NFT airdrops will be taken daily!

Make sure to join our latest giveaway below for a chance to win an exclusive NFT

01 Loyalty NFT Giveaway

Except In addition to early access to power, all 01 Trading Circle members also have access to Discord's exclusive channel and other perks such asrecurring trading credit giveaways, insider and alpha chats, future release news, access to exclusive curators, private AMAs, ability to create Referral Links and more!