BSX is a self-custodial crypto derivatives decentralized exchange (DEX), built on Base L2 and backed by the Base Ecosystem Fund. BSX features a non-custodial system of “off-chain execution and on-chain settlement” that merges the security and transparency of a decentralized exchange with the experience and speed of a centralized exchange.
Its architecture design consists of an orderbook model that works with various market makers to offer extensive and liquid access to different assets, instant execution, and high throughput via BSX’s comprehensive technical stack.
BSX’s first and second points season airdrop were a success, with over $4.3 billion in trading volume. They also raised $6.2M in a seed funding round led by Blockchain Capital.
BSX distributed 16 million points during season 2. Now, they have announced the launch of their season 3 with a fresh 10 million points to earn, a weekly bonus and a biweekly competition.
Step-by-Step Guide:
- Visit the BSX website.
- Click on “Launch App.”
- Connect your wallet and change the network to Base.
- Now, deposit USDC and do some trades.
- Users can use BSX in two modes:
- BSX (BSX has 100x-1000x leverage)
- BSX1000 (chance to earn free draw entries for Win or Spin).
- You can also go to the “Referral” section to find your referral code. Referring friends will also earn 10% of your friend’s points. Additionally, your friend will receive a 10% boost in trading points.
- Points are distributed on a weekly basis. Check the amount of points you’ve earned each week from “Points.”
- Users can earn up to 1,000,000 points for every epoch/week.
- It is allocated as 75% points for trading, 20% points for providing liquidity, and 5% points for contributing to open interest.
- Users can also trade $100,000 or more each week and receive a +10% bonus for that week.
- Additionally, there will be a biweekly competition, which will be announced on Discord.
- BSX users can also earn points through future launches, including NFT collection, mini games on Telegram, and new product launches.
- For more information about the airdrop, visit this official announcement.
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