EasyFi Electric Margin Trade Testing Bounty
Conduct Test Margin Trade Transactions to win BUDDY Avatar mint pass NFTs in collaboration with Trace Network Labs
EasyFi is excited to extend its collaboration with Trace Network Labs to bring an NFT Bounty on Electric Testnet.
Top 100 users with the most test trade transactions on Electric Testnet on Polygon, Avalanche & Binance Smart Chain will get a chance to win $25 worth of Trace Network Labs’ BUDDY Avatar Mint Passes…
The Bounty starts on 20th December 2022 and will continue till 31st December 2022
We are inviting all EasyFi users to conduct margin trade transactions on the Electric App on these 3 chains combined. Test Transactions eligible for this bounty include:
- Transfer of funds
- Deposit transactions
- Approval transactions
- Opening a Trade
- Closing a Trade
The more test transactions you do, the more the chances to win.
About the Mint Pass
Trace Network Labs has a product that enables the creation of multi-chain real-looking Avatars for the Metaverse, one that is metaverse agnostic and can be carried to any metaverse and on any chain. A Sample avatar is given here:
You can use this Trace Buddy Avatar Mint pass to mint your own metaverse-ready avatar that will have many use cases in the future. To know more you can check this link: How to Mint your Buddy.
The BUDDY Avatar mint passes will be transferred directly to the wallet addresses only on Polygon Mainnet.
How to go about Trading
- Refer to the following links for a step-by-step guide:
- Visit the Electric Module on the EasyFi App: https://app.easyfi.network/#/electric
- Get Test xUSDC from EasyFi Faucet
NOTE: One address will only be able to get xUSDC only once.
- Get Test AVAX faucet for gas fees on Electric @ Avalanche: https://faucet.avax.network/
- Get Test BNB faucet for gas fees on Electric @ BSC: https://testnet.bnbchain.org/faucet-smart
- Get Test MATIC for gas fees on Electric @ Polygon: https://faucet.polygon.technology/ | https://mumbaifaucet.com/
Secret to having more transactions
- Ensure you use the same wallet address on all chains
- Make multiple small deposits with different leverages
- This means you have more money to play around with
- Open trade positions with small amounts from the leverage you have
- Repeat on all 3 chains using the same wallet address
- Rewards will be transferred to the addresses on Polygon Mainnet only
- Users need to tweet their BUDDY Avatars
- Tag twitter handles of EasyFi & Trace Network Labs in tweet
- Also put hashtags #domorewithdefi #metaverseforlifestyle #buddy
About Trace Network Labs
Trace Network Labs is enabling a full stack Metaverse technology for businesses & individuals to launch their own 3D experiences with all the components being powered and built natively using Blockchain including and first of it’s kind web3.0 native real looking #BUDDY avatars. You can relate with it like we are SHOPIFY of metaverses. Further, using the same technology it is helping Fashion & Lifestyle businesses & individuals to launch their own experience stores, events, concerts etc.
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About EasyFi Electric
Electric is a decentralized, permissionless, scalable, secure, leverage trading platform, from EasyFi, that enables traders to take out short-term loans to trade margin positions from publicly sourced liquidity from different AMMs / decentralized exchanges.
EasyFi Network is a universal layer-2 multi-chain money market protocol for digital assets with focus on liquidity sourcing & capital efficiency for structured lending in a non-custodial manner. The Protocol is currently live on Polygon, Binance Smart Chain, Ethereum & Avalanche.
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To learn more about $EZ and EasyFi, please go through our whitepaper and other articles on this publication. Stay tuned for more news & updates on our Telegram channel and join the official group. You can also follow us on Twitter.