Extended is the top fee generator on @arc, accounting for nearly 40% of the chain's app fees with $413K over the last week.
Extended offers 330+ crypto and RWA markets, including $ANTHROPIC and $JIO pre-IPO perps, with up to 10x leverage.
The Xpoints programme has concluded.
The final conversion rate is 1 Xpoint = ~4.2857 XTEN, reflecting the 300,000,000 XTEN Community allocation distributed across 70,000,000 Xpoints.
97 community members holding the Tester role in our Discord have also received Xpoint allocations, in recognition of their testing, feedback and consistent use of the platform during Extended's earliest stages.
These allocations came from Xpoints adjusted in our final programme review.
XTEN Overview
Genesis Supply: 1,000,000,000 XTEN
Community Allocation: 300,000,000 XTEN (30% of the genesis supply), set aside for eligible participants in the Extended Points programme.
🔥🔥
J’ai entendu dire que la France était finie, qu’il était trop tard pour la sauver.
Mais la France est toujours aussi belle, enviable même. Sa grandeur n’a pas disparu, elle ne demande qu’à renaître.
Nous avons surmonté en un an un problème cent fois plus grave, sans avoir les moyens dont dispose la France.
La France pourrait y arriver en une semaine.
🚀 What if we could trade more than just assets?
Perpetual futures revolutionized crypto by allowing traders to open positions without an expiration date. But until now, markets have remained largely tied to existing assets and their prices.
That's exactly why now is the time to explore the project, understand its vision, and join the community following this new financial primitive.
🔥 Don't just watch Web3 evolve. Explore what comes next.
Europe has close to 10,000 fintech companies, and hundreds of licensed investment firms and credit institutions.
Most are exploring new ways to engage their retail user base, and perps are consistently near the top of the list.
More from @rf_extended:
We're kicking off The Final Arc, a four-week trading competition marking Extended's migration to @arc.
- 750,000 Xpoints + 250,000 USDC prize pool
- All crypto and RWA markets are eligible
- October 6 to November 2
Weekly Xpoints epochs have concluded. The remaining Xpoints will be distributed through The Final Arc. This will be the final Xpoints distribution, and total Xpoints remain capped at 70 million. Accounts with elevated API limits (market makers) are not eligible for the competition, so all Xpoints in The Final Arc go to traders.
Over the course of The Final Arc, we'll share more about Extended’s token generation event (TGE), including tokenomics, airdrop terms and conditions, and other key details.
Opt in on the competition page to take part, and your trading activity from 00:00 UTC on October 6 will count toward the competition.
The Final Arc runs through the forthcoming migration, with trading expected to continue uninterrupted. Migration details, including any action required, will be shared shortly.
Rewards will be distributed according to the competition methodology.
Full details, eligibility and rules: https://t.co/7ToNNRm9vv
Eligibility restrictions apply.
The Final Arc is subject to the Competition Terms and eligibility requirements, and Extended may modify, suspend or cancel it. Xpoints have no monetary value and are governed by the Points Programme Terms. Perpetual derivative contracts do not provide ownership of, or shareholder or other rights in, the underlying assets. Availability is subject to eligibility and jurisdictional restrictions. Trading involves leverage and significant risk, including possible total loss.
Arc 🤝 @extendedapp
Extended is moving settlement to Arc.
The perp DEX with $200B+ in lifetime volume brings onchain trading onto infrastructure with deterministic sub-second finality and gas paid in USDC.
USDC collateral. cirBTC as BTC collateral.
All on Arc.
Misjudged the $hype
thankfully, I always use a stop-loss!
It’s one of the fundamentals of trading, because a major, unexpected move can always happen.
#standx