Participate in LogX Activities to earn the upcoming airdrop
LogX
Progress mission: 0 of 16
Rewards
Rewards
TBA
Past rewards
$1,700 $9,600
Details
Minimal cost
~$100
Time required
60 min.
Category
Mainnet
Rating
5/10
Risk
Medium
LogX offers nice features for the perpetual traders looking to improve their experience. The dApp provides access and ease the trade to various assets from different perpetual trading protocols, and uses TradingView for users to have access to real-time data and analytical tools. Moreover, trading fees and gas fees are managed to the lowest for the users, so he doesn’t have to think about it.
In addition to the trading perp part, the team also launched a bridge users can use to bridge their assets over a multitude of networks (Linea, Arbitrum, Mantle, Fantom, BSC, Optimism, Base, …).
They have launched in August 2023 their reward & airdrop program for users to benefit and receive their upcoming token. They have launched it on their platform, and for different network as well (Linea & Mantle).
One negative point would be that their engagement on social media is low.
Pros & Cons
Why is it worth it?
Earning Options
You can make money by trading or providing funds to the platform, offering rewards later.
Funding & Investors
Flint Labs, which owns LogX, got investment from big names like Sequoia Capital and Coinbase Ventures.
Airdrop Confirmed
LogX has started giving away free tokens since August 2023, with various tasks to qualify.
Low Competition
Only 2,900 people have used LogX, so there's less competition for the airdrop.
Risks to consider
Expensive Trading
To earn rewards, you must trade a lot, which could cost them.
Trading Risks
Trading, especially with perpetual products, comes with the risk of losing money.
How to participate?
- Trade and Provide Liquidity: To be eligible for the LogX airdrop, participate in trading and providing liquidity on Linea and Mantle.
- Trading Points: Earn points by trading. Currently, $100 traded on Arbitrum gets 0-1 points, while the same on Linea and Mantle earns 3-4 points. Accumulate these points.
- Liquidity Gems: As a liquidity provider, you earn Liquidity Gems. $1 provided on any platform earns 0-1 points. After $10,000, each $1 equals 1.2 gems. Gather these gems.
- Extra Campaigns: Complete additional campaigns to earn points multipliers towards the future airdrop.