Make it with xP
A breakdown of the 100x points system
The countdown has begun for the 100x Launch. Soon, you’ll be able to experience high speed trading for perps and pre-launch perps with native yield, Blast Gold, and the main topic covered in this post: 100xP. Take a moment to familiarize yourself with the system and get ready, for the time for an airdrop is nigh.
Don’t worry, you’re still early.
“What does that number mean? How to get more of it?” you may be asking.
Introducing 100xP
100xP is the system that recognizes and recompenses user contributions to 100x in the form of trades, referrals and a variety of interactions. For every risk you take, every trade you make, every volume benchmark you break, we’ll be rewarding you.
Every week, users receive a share of the total weekly distribution of 10k xP based on their activity in the previous week. The easiest way to accumulate xP is trading, with market or limit orders. It’s very simple. Place orders, trade, earn.
But there are levels to this game.
Trade well, trade often
It would be no fun if the internal mechanics were laid bare and dissected. Part of the reason old games are regarded fondly, beyond nostalgia, is their simplicity and the exploration aspect. Figuring out what you’re meant to do, how it fits your playing style, and how to do it best. There are no checkpoints in this quest. Still, we can point you in the right direction.
There are different rewards for different trades. More than simply experimenting a few times, we recommend you keep trying. Consistency is key. There are multiple factors playing a part into how you accumulate xP, but after a week or two you may notice a pattern. That’s where it gets really fun.
Trade with your friends
Even better than unraveling the puzzle by yourself, is doing it with your friends. And getting rewarded for it. The first in the Clan to join 100x gets to create their own referral code and share it with others. For every fren who joins, both the referrer and the referee get a bonus to their points, and a discount on fees.
Don’t have many friends in crypto? Make them.
Trade with your community
“No man is an island” wrote John Donne. This is also true of protocols. Blast is teeming with new projects, and over the course of the next weeks 100x will be partnering with the best. Connecting with them is not only a great opportunity for you to find what else there is in the ecosystem, but to make new friends.
Very soon, it will also be a way to earn more.
Where we’re heading
We’ve come a long way since the early days of crypto, a time of on-chain scarcity, with few wallets and even fewer new protocols. Today, there’s an abundance of users, chains and projects. One may even say there’s too many, resulting in the so called analysis paralysis.
Our mission is to allow users to get all the exposure they need (or hedge what they already have) in a single place, with an intuitive interface, sexy mechanics, fast execution and high capital efficiency. Trade tokens with leverage, even before they launch. Trade volatility, and profit whether tokens go up or down. Trade even more.
To answer that call, again and again, we need people. Not only the people building 100x, but those using it and those chasing their own 100x. xP is a way to call them and a way to find them. The best traders in the space. It is ultimately the path to our token launch. But more on that later.
TLDR;
- 100x Closed Beta launches on Blast mainnet soon
- 10k points are allocated every week and split between users
Keep updated
Join us on Discord: https://discord.gg/100xdex
Keep up on X: https://twitter.com/100xfinance
Trade on: https://100x.finance/
