USDC deposits begin on the 10th… Building community through 'Guild Wars' competitions.
Apptos-based multi-chain support… Cross-chain transactions on Ethereum, Solana, and other platforms.
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Decibel will be holding a pre-deposit campaign for approximately two weeks, from the 10th to the 26th. Participants can deposit the USDC stablecoin on various blockchain networks, including Solana, Ethereum, and Aptos.
This campaign is designed as a key mechanism for establishing the initial liquidity structure upon mainnet launch. By pre-depositing USDC, participants will help build Decibel's initial liquidity base and secure priority access upon mainnet launch.
Decibel's mainnet is scheduled to officially launch on the 26th. In the Aptos ecosystem, Decibel is gaining attention as a next-generation decentralized exchange following the closure of Merkle Trade, a major derivatives exchange, last year.
Decibel is built on Aptos, but adopts a multi-chain architecture that supports various networks such as Ethereum, Base, Arbitrum, and Solana.
This provides a cross-chain trading environment that connects liquidity distributed across various chains. Users can deposit assets on their preferred blockchain network and access liquidity across multiple chains from a single platform.
Last year, the derivatives decentralized exchange (Perp DEX) market experienced explosive growth, surpassing $100 billion (KRW 145.6 trillion) in trading volume.
Pre-deposit campaign participants will receive an early access benefit to earn 'AMP' points during the 'Season 0' period before the mainnet launch.
Participants can encourage community participation through a personal referral link generated on the pre-deposit page. Deposited assets are fully controlled by the user and can be withdrawn at any time before the mainnet launch, minimizing the burden of participation.
After the mainnet launch on the 26th, users can choose to join one of the five official guilds. To be eligible for rewards, users must deposit $10 (KRW 14,560) and complete their first transaction within 24 hours of forming a guild. This deposit can then be withdrawn.
The full-scale competition, "Guild Wars," will run for two weeks from February 27th to March 13th. Each guild's final ranking will be determined by the team's overall volume-weighted PnL (profit and loss) performance.
Only 'Active Traders' who have traded at least three times during the competition period and achieved a cumulative trading volume of $1,000 (KRW 1,456,000) will be included in the calculation of points and rewards.
Prize money will be distributed differentially among the five guilds based on final rankings. Decibel's strategy with this pre-deposit campaign is to rapidly expand its user-driven trading community from the early days of mainnet.
Joohoon Choi joohoon@blockstreet.co.kr
