The Position Exchange Airdrop: Next Gen of DeFi Trading

Overview

  • Position Exchange and CoinMarketCap dropping 2k POSI to 1000 winners in its 10k USD Position Exchange x CMC Airdrop.
  • Position Exchange is an innovative decentralised trading protocol, backed by a vAMM and  running on the Binance Smart Chain. It aims to bridge the gap between individuals and cryptocurrency markets and improving trading experiences.

What Is Position Exchange?

Position Exchange is a new decentralised trading platform that is powered by a virtual Automated Market Maker (vAMM) and runs on the Binance Smart Chain (BSC). It aims to bridge the gap between individuals and cryptocurrency markets and improve trading experiences.

The platform is built to provide all of the benefits of decentralised finance while still incorporating the traditional Centralized Finance experience and capabilities.

Position Exchange provides fast and convenient on-chain derivatives trading with high leverage, minimal slippage, and cheap expenses on Crypto assets, as well as much more in the future.

Building a fully decentralised exchange and trading platform that allows the community to determine the future of the platform’s in an open and transparent manner. Their main goal is to create a community-driven protocol that uses cutting-edge tools to help POSI holders and raise the token’s value throughout development.

They will provide trading clients and platform compatibility on:

  • Web-based
  • Android
  • IOS

What Makes Position Exchange Unique?

Position Exchange offers a variety of valuable features and products, with the goal of becoming the most popular decentralised exchange platform. Some of its features are:

  • Introducing POSI NFTs as a new feature with a mechanism that encourages the community to save tokens and keep the system stable.
  • The creation of a DAO and API will allow the community to have a major voice in the future development of Position Exchange.
  • Futures contracts are the centre of my derivatives trading on Defi.
  • Staking POSI tokens in Pools and reaping the benefits.
  • Liquidity Providers can earn money by enabling trades, which is referred to as farming.

The POSI Token

POSI is Position Exchange’s native BEP20 token that empowers its ecosystem.

Our primary objective will be to keep the price of POSI as well as the total circulating supply of tokens under control. To maintain POSI stable, promote holding, and provide the greatest advantages for the POSI community, the team is adopting numerous anti-inflation initiatives.

Anti-whale to prevent market manipulation, harvest lock up period to prevent farming arbitrage bots from continually harvesting and dumping, constant buying back and burning of POSI tokens, and block emission reduction are among the methods.

The fees earned by the Trading platform will be utilised to buy back and burn POSI tokens in their entirety.

The total quantity of POSI tokens will be set at 100,000,000 tokens, with a 5 POSI per block emission rate.

Source : Twitter

About The Airdrop

Position Exchange and CoinMarketCap dropping 2k POSI to 1000 winners in its 10k USD Position Exchange x CMC Airdrop.

Hold at least 1$ in POSI till the distribution day. You can buy POSI on: https://app.position.exchange/swap

Or https://pancakeswap.finance/swap?outputCurrency=0x5ca42204cdaa70d5c773946e69de942b85ca6706

And 

Complete the following tasks:

  1. Add POSI to watchlist on CoinMarketCap
  2. Follow our twitter account  and turn on notification
  3. Join our Telegram Group and Channel
  4. Like and Retweet our Pinned tweet and tag 3 friends with #POSI #PositionExchange
  5. Fill in the airdrop form and leave your BSC address. The form will be available on https://coinmarketcap.com/currencies/position-exchange/

1000 winners will be randomly chosen. Position Exchange will check carefully whether participants are holding 1$ in POSI or not on distribution day.

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