MappedSwap, an on-chain Cross-Margin Swapping Exchange on Eurus, is Giving Away $800,000 of MST in April
MappedSwap Protocol, a leading decentralized, on-chain margin swap exchange on the high-performance Eurus blockchain, will be distributing more than $800,000 worth of MST in a month-long campaign from April 13, 2022.
MappedSwap to Start a Month-Long Campaign from April 13, 2022
As per a recent update, the DEX–which supports up to 10X leverage for leading currencies such as Bitcoin and Ethereum–, said they would conduct two campaigns from April 13, 2022, to May 12, 2022.
The primary objective will be to highlight their product offerings, including a referral program and a staking feature. The campaign is also meant to draw the global DeFi community to MappedSwap’s superior on-chain cross margin DEX with the lowest slippage tolerance of less than 0.01 percent across the blockchain industry. The MappedSwap protocol also supports staking and has a lucrative referral program where users can earn up to 80 percent in rebates.
A $600,000 MST Giveaway on Twitter
In the first campaign, MappedSwap will distribute 600,000 MST to 50,000 new Twitter followers who complete simple tasks. To stand a chance to win, participants must complete two simple tasks.
The first task requires participants to follow, like, and retweet MappedSwap’s promotional post on Twitter. Afterward, they can tag three friends. In the second step, participants have to watch a YouTube video and find a secret code. After completing these two tasks, users will be rewarded with 12 MST after a 24-hour verification period.
MappedSwap has instituted measures to filter automated programs from undeservingly snatching MST meant for users. Accordingly, interested participants are required to register their wallet addresses. Every address will be considered as a single entry. Besides, each wallet must contain at least a combined minimum of 0.01 ETH worth of wBTC, USDT, USDC, or ETH. This rate will be determined based on prevailing market rates as conveyed from CoinMarketCap (CMC) every day at 10 AM UTC. All submissions, MappedSwap has indicated, will be further checked manually by the team for errors. Winners will be notified in their official Telegram group.
MappedSwap to Distribute more than 200,000 MST in the Second Campaign
In the second campaign, MappedSwap has allocated 200,000 MST. During this time, traders will be given a chance to test and experience the high liquidity of the MappedSwap. The BTCUSD pair, for instance, boasts of over $3 billion in daily liquidity. Furthermore, the DEX also allows traders to borrow up to 10X their margin requirements and even repay without interest within the first hour of borrowing.
All a trader needs to do is actively initiate trades and maintain their position in the fast-changing leaderboard for a chance to win from the 200,000 MST prize pool.
Users can also complete simple tasks and win 5 USDM by sharing MappedSwap’s invite-only referral code on Twitter in the second campaign.
In the second step, traders must accumulate up to $1,000 in trade volume. Meanwhile, in the third step, a user is required to initiate trades and maintain a net profit and loss statement of $10,000.
MappedSwap has indicated that it would avail openings on a first-come, first-serve basis. Specifically, there will be 10,000 openings for users keen on completing the first task in the second campaign. Meanwhile, only 1,000 slots are open for traders interested in completing the third task.