MEKE public beta countdown ends, focusing on derivative trading in the DeFi sector.

In the bear market, what else can we do besides waiting for the bull market to come? This was a question asked by the audience at an offline event I attended. Without exception, one of the suggestions given by the panelists was to participate in early-stage projects and seize airdrop opportunities.

Airdrop is a way to reward early participants in a project by distributing project tokens to them as a way of thanking them for their support and contribution. As a low-cost, high-return investment method, airdrops have allowed many participants to earn substantial profits. For example, in October last year, the popular public chain Aptos conducted an airdrop, and some participants made a fortune, with over 30,000 APT tokens received by more than 100 accounts. In addition to individual participants who engage in airdrops in their spare time, there are now many professional airdrop studios, highlighting the enormous benefits that airdrops bring.

MEKE is the first decentralized derivative trading protocol on the layer 2 network opBNB, and it is currently undergoing its second round of public testing. This round of testing will end on September 6th, and those who have not participated yet can try it out. The process is not complicated, and there is a detailed tutorial on the official website meke.fun. There will be a total of three rounds of public testing, and after the testing phase is completed, MEKE will be launched on the opBNB mainnet and airdrops will be available for claiming.

Not only MEKE itself, but looking at history, leading layer 2 projects like Arbitrum and Optimism have also conducted airdrops this year. Layer 2 networks have been the hottest narrative in the industry since the second half of last year. Technological innovations allow blockchain to support more project development, provide faster transaction speeds, and offer smoother user experiences. Layer 2 network opBNB, where MEKE is located, is a rising star in the BNB ecosystem. Participating in the public testing of MEKE will not only contribute to MEKE but also allow for interaction on the opBNB network, making it a win-win situation and a chance to seize airdrop opportunities in both MEKE and opBNB.

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With the support of the opBNB ecosystem, MEKE will gain more traffic, technology, resources, and other forms of support. The opBNB ecosystem has a large user base and traffic. After the partnership between MEKE and opBNB was announced, Binance Chain’s Twitter account prominently retweeted information about MEKE, leading to a significant increase in MEKE’s visibility and user base. In addition, MEKE will be able to share opBNB’s technical resources and expertise, including better security, scalability, and performance optimization, which will help MEKE provide better services and products.

Returning to MEKE, the project itself is a strong disruptor in its field, which is the fundamental reason why it has received favor from opBNB. Since the first round of public testing was launched on July 31st, tens of thousands of people have participated, with over 50,000 independent wallet addresses and a daily trading volume exceeding $300 million. And these numbers continue to grow. Users are voting with their actions, laying a solid user foundation for MEKE’s future development.

First and foremost, MEKE has a simple and user-friendly interface and usage. MEKE has chosen the classic order book model instead of the liquidity pool model commonly used in DeFi. The order book model is characterized by clear and transparent trading data and high efficiency, making it ideal for data analysis, which is why it is used by all centralized exchanges.

Currently, MEKE only supports contract transactions for encrypted assets. In the future, leveraged contract transactions for financial products such as foreign exchange and gold will be gradually added. Currently, all orders support a maximum leverage of 25 times, and it may be increased to a maximum of 100 times in the future according to market demand.

Secondly, timely and accurate data avoids users’ funds from suffering losses due to drastic price fluctuations. The price fluctuations in the cryptocurrency industry are much more severe than in traditional stock markets, and the situation is even more pronounced in the derivatives market, which is the main battlefield for many professional operators. Therefore, MEKE uses Chainlink’s price feed as the reference price and also considers the real-time prices of contracts on its platform. Through a weighted algorithm, it calculates a reference price, which makes MEKE’s prices more stable in the event of drastic fluctuations or intentional manipulation in the contract market and protects users’ interests to the greatest extent.

Currently, the cryptocurrency market is in the process of maturing and has attracted more traditional financial institutions and retail investors. The derivatives market in traditional finance provides investors with opportunities to hedge risks. Institutions and investors usually use tools such as futures and options to reduce their risks. The same narrative will also happen in the cryptocurrency industry, where derivative trading of cryptocurrency assets is on the rise.

Don’t miss the opportunity to participate and receive MEKE airdrop rewards

Of course, in addition to the strength of the MEKE platform itself, its public beta airdrop is also a reason why users flock to it. In the design of the MEKE public beta, approximately 10% of MEKE will be airdropped to users participating in the beta testing. By obtaining USDT for testing on MEKE and using it to trade on the platform, users can receive MEKE token airdrops.

Throughout the entire beta testing period, there has been a large influx of users receiving MEKE airdrops. Especially with the MEKE airdrop 2, users who meet the conditions for airdrop 2 not only receive valuable MEKE token airdrops, but also have the opportunity to earn additional WMEKE by inviting users to participate in the beta testing. WMEKE can be directly traded and exchanged for USDT on Uniswap. Currently, many users have obtained thousands or even tens of thousands of WMEKE through airdrop 2 and exchanged them for thousands to tens of thousands of USDT. Many users have made significant profits through airdrop 2.

MEKE’s public beta airdrop consists of three phases, and the earlier users participate, the more and more cost-effective airdrops they can receive. The second phase of MEKE’s public beta will end on September 6th, and users who want to participate still have a chance, but the time is not too long. After the MEKE public beta ends, the platform will launch on the opBNB mainnet and open airdrop claims.

“Bull markets rely on market trends, bear markets rely on insights.” From APT airdrop, BLUR airdrop, to ARB airdrop; from ordinals to PEPE to BALD, and then to friend.tech. MEKE may be the next hot spot to ignite the market.

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Official website:

https://meke.fun

Telegram:

https://t.me/MEKE_Global

Discord:

https://discord.gg/meke

Twitter:

Tweets by MEKE_PROTOCOL

Translation:

Telegram:

https://t.me/MEKE_Global

Discord: 

https://discord.gg/meke

Twitter: 

Tweets by MEKE_PROTOCOL

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