Primex Airdrop Review: Liquidity Protocol for Cross-Dex margin

About Primex Airdrop

Primex Airdrop is the cross-chain prime brokerage protocol for cross-DEX margin trading. In lenders provide liquidity to pools where traders can use it for leveraged trading in cross-DEX environments, while lenders then have an opportunity to earn high yields, their interest is generated from margin fees and profits on successful trades. Lenders will have the flexibility to manage their risks and return by providing liquidity to a variety of Credit Buckets, subsets of liquidity pools that regulate trader risk strategies.

Primex is in its Alpha stage and doesn’t have its own token yet. Early users who participate in the Early User Program may get an airdrop if they actively test all the Primex’s versions (Alpha, Beta) once the Primex Finance launches the PMX token.

Step-by-Step Guide:

1. Apply as a Primex Early User.
2. Go to the Primex app and Connect MetaMask wallet (Select the Rinkeby network).
3. Get the test tokens using Faucet following the guide.
4. Test the Primex Lender role (deposit / withdraw liquidity to Primex Credit Buckets
5. Test the Primex Trader role (open and close positions using market/limit orders, stop loss/take profit).
6. Submit the bug report using the form.
7. Follow Primex Finance on Twitter.
8. Join the Primex community on Telegram and Discord.
9. Primex has confirmed to launch an own token called PMX in the future and users who participate in the Early User Program may get an airdrop if they actively test all the Primex’s versions (Alpha, Beta).

Core Team

The development company backing PrimexLabs OÜ is a team of top-notch blockchain developers, mathematicians, scientists, and DeFi experts.

Free markets, free trading

They believe that trading will eventually go far beyond centralized exchanges. More and more financial products will transition to decentralized environments.

Mission

Primex unites regular people, traders, and financial organizations into an ecosystem, giving them an opportunity to trade freely and earn interest that’s backed by trading profits worldwide.

Join

• 4+ years of experience with React.js or Node.js
• Experience building front-end components of Dapps
• Fast learner
• Fluent English
• Good skills in JavaScript & Typescript development

Solidity developer

• 3+ years of experience in solidity development
• Good knowledge of truffle, openzeppelin, hardhat frameworks
• Understanding of DeFi mechanisms and building blocks, incl. liquidity pools, AMMs and bonding curves
• Experience with DeFi protocols
• Deep understanding of ERC20, ERC 721, ERC1155

Community Manager

• 2-3+ years of experience as a Community Manager
• Good understanding of blockchain and DeFi
• Fast learner with good problem solving and analytical skills
• Able to write clearly, simply, and with empathy
• Proactive, responsible, and fast learner
• Loves to help people and respectfully answer questions/resolve issues

Building the next generation of DeFi

You can be a part of Primex, building the next generation of decentralized finance that competes with centralized prime brokerages.

Primex Referral Program

Primex allows traders to execute automated trades and introduces spot margin trading to DeFi without the need for derivatives. It does this while remaining true to the core DeFi principles of:

• Decentralization
• Anonymity
• Democratization

Liquidity Providers

Lend your crypto and earn interest through risk-scored Primex Credit

Traders

Trade, use leverage, and automate stop-loss and limit orders, and plenty more

Keepers

Protect Liquidity Providers’ assets from too-risky trades and support the execution of automated trades for Traders

Referral Rewards

Rewards are granted through the smart contract in a fair and transparent way. You earn rewards when the person or entity you refer brings value to the network. They use smart contracts to track their contribution and your connection, which is then aggregated with other referrals and their Primex contributions.

Rewards are granted through the smart contract in a fair and transparent way. You can then use these rewards to influence the direction of the protocol.

Locking in liquidity before the mainnet launch earns Lenders enhanced Rewards!

Individuals and entities can both sign up and be referred. You can bring over:

• Friends
• Professional Traders
• Liquidity Providers
• Validators

And other organizations who will be interested to take advantage of what Primex has to offer. More referrals and more participation means higher referral rewards when Primex launches the mainnet.

Not sure you have someone to refer? Everyone is welcome at Primex and you will still be contributing to building the next phase of DeFi and bringing the concept mainstream. Your work for the protocol and the future of finance counts!

Primex Early user

Liquidity Providers (lenders)

Liquidity providers (LPs) will have an increased incentive for getting involved early in the protocol’s lifecycle. One of crucial goals is to see Primex successfully launched – so we need to have liquidity in the first credit buckets.

Early Traders

Early Traders use the liquidity from credit buckets, or pools, to margin trade across multiple DEXs. Traders will have early access to Primex Finance, including alpha and beta versions of the protocol. Thus, they will have the opportunity to test early versions of the protocol, share ideas, and vote for new features.

Early Keepers

The system’s stability and the security of lenders’ funds depends on the timely closing of positions; we need decentralized Keepers to close trading positions. Since the closing can’t happen on its own, an external stakeholder hosting a keeper is needed.