Vortex is a multi-chain liquidity aggregator exchange based on the ZK-SNARKs protocol.
Vortex is a multi-chain liquidity aggregator exchange based on the ZK-SNARKs protocol.
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Vortex is a cross-chain dex based on the ZK-SNARK protocol. It aims to facilitate peer-to-peer (order book) trades for spot and perpetual contracts in a fully decentralized manner. By establishing a base of spot and contract trading products, Vortex launches various products including launchpad, lending, insurance, quantitative strategies, and SaaS trading sharing sites to better stimulate market liquidity.
Incentives and Rewards
In the Vortex ecosystem, Incentives and rewards play a crucial role in creating a more fluid and efficient market. They can earn passive income from the trading fees generated by the platform.
68.5% of the VTX token rewards will be distrubuted via different ways back to users:
Trade Mining: The daily mining output for users is allocated to addresses based on the weight of the trading volume. The trading mining rewards are displayed on the same day, with 50% of today’s trading mining output distributed uniformly 30 days later. The remaining 50% automatically enters the account’s burn mining pool. Invitation Rewards: Users who invite others to participate in trading mining and burn mining can receive invitation mining token rewards. Liquidity Incentives: Users can provide liquidity on the orderbook spot and contract trading interfaces and receive rewards. Liquidity incentives are expected to be distributed over a 6-year period. Burn Mining: Users can allocate VTX tokens to the burning pool, where VTX will be permanently burned. Simultaneously, users will receive mining rewards from this initiative, with a base reward rate potentially exceeding 0.7% per day. Membership System: Based on the quantity of VTX tokens users burn, they will be categorized into six VIP levels. Membership is at the forefront of Vortex’s growth strategy, where distinct membership tiers offer varying privileges. These mainly encompass early access whitelist for new features, Launchpad whitelist access, accelerated rewards from burning mining, and a share of platform transaction fees. Loyalty Program：Vortex platform will monthly rank its member users based on their burned token quantities, from highest to lowest. The top 50 ranked users (VIP4 and above) will become dividend nodes for that month. Dividend nodes will proportionally share 10% of the platform’s monthly transaction fee income, based on the percentage of tokens burned. The dividend amount can be directly queried on the website. By combining high-speed, secure, and cost-effective trading with rewarding liquidity provision schemes, Vortex creates a conducive environment for traders and liquidity providers alike, driving the growth of a robust decentralized trading ecosystem.
Project Features
Lightning Speed and Low Cost
Transactions on Vortex are executed instantly and confirmed on the mainnet within seconds. Its cost is approximately 1/40 of the mainnet cost, reduced to $0.01.
Multi-chain Support
Vortex supports BSC and other chains (like Pego, ETH, etc.).
Infinite Scalability
The trading efficiency of Vortex is infinitely scalable.
Security
Vortex, based on zk-SNARK, fully inherits the security of Ethereum.
Comprehensive Ecosystem
Vortex launches parallel ecological products like lending and insurance, based on spot and perpetual contracts. It combats systematic risks from market fluctuations with user functions, achieving more liquidity gains.
Dex SaaS System
Vortex supports the deployment of subsidiary stations in a short period（2–10 days）, achieving depth sharing and aggregation between parent and subsidiary stations.
Vortex is Launching on the BSC Testnet This Week!
We’re excited to announce that Vortex will be launching on the Binance Smart Chain (BSC) testnet this week. We’re always looking for opportunities to enhance the Vortex ecosystem, and we believe that by launching on the BSC testnet, we will be able to reach a wider group of users and provide a more efficient and convenient trading experience.
During the testnet phase, we encourage all users to participate and provide feedback to help us further improve our products. We look forward to continuing to develop and improve our platform in the coming period, providing the best decentralized trading experience for our users.
Follow us: linktr.ee/VortexDex
Trade on Vortex:
Vortex is a cross-chain dex based on the ZK-SNARK protocol. It aims to facilitate peer-to-peer (order book) trades for spot and perpetual contracts in a fully decentralized manner. By establishing a base of spot and contract trading products, Vortex launches various products including launchpad, lending, insurance, quantitative strategies, and SaaS trading sharing sites to better stimulate market liquidity.
Incentives and Rewards
In the Vortex ecosystem, Incentives and rewards play a crucial role in creating a more fluid and efficient market. They can earn passive income from the trading fees generated by the platform.
68.5% of the VTX token rewards will be distrubuted via different ways back to users:
Trade Mining: The daily mining output for users is allocated to addresses based on the weight of the trading volume. The trading mining rewards are displayed on the same day, with 50% of today’s trading mining output distributed uniformly 30 days later. The remaining 50% automatically enters the account’s burn mining pool. Invitation Rewards: Users who invite others to participate in trading mining and burn mining can receive invitation mining token rewards. Liquidity Incentives: Users can provide liquidity on the orderbook spot and contract trading interfaces and receive rewards. Liquidity incentives are expected to be distributed over a 6-year period. Burn Mining: Users can allocate VTX tokens to the burning pool, where VTX will be permanently burned. Simultaneously, users will receive mining rewards from this initiative, with a base reward rate potentially exceeding 0.7% per day. Membership System: Based on the quantity of VTX tokens users burn, they will be categorized into six VIP levels. Membership is at the forefront of Vortex’s growth strategy, where distinct membership tiers offer varying privileges. These mainly encompass early access whitelist for new features, Launchpad whitelist access, accelerated rewards from burning mining, and a share of platform transaction fees. Loyalty Program：Vortex platform will monthly rank its member users based on their burned token quantities, from highest to lowest. The top 50 ranked users (VIP4 and above) will become dividend nodes for that month. Dividend nodes will proportionally share 10% of the platform’s monthly transaction fee income, based on the percentage of tokens burned. The dividend amount can be directly queried on the website. By combining high-speed, secure, and cost-effective trading with rewarding liquidity provision schemes, Vortex creates a conducive environment for traders and liquidity providers alike, driving the growth of a robust decentralized trading ecosystem.
Project Features
Lightning Speed and Low Cost
Transactions on Vortex are executed instantly and confirmed on the mainnet within seconds. Its cost is approximately 1/40 of the mainnet cost, reduced to $0.01.
Multi-chain Support
Vortex supports BSC and other chains (like Pego, ETH, etc.).
Infinite Scalability
The trading efficiency of Vortex is infinitely scalable.
Security
Vortex, based on zk-SNARK, fully inherits the security of Ethereum.
Comprehensive Ecosystem
Vortex launches parallel ecological products like lending and insurance, based on spot and perpetual contracts. It combats systematic risks from market fluctuations with user functions, achieving more liquidity gains.
Dex SaaS System
Vortex supports the deployment of subsidiary stations in a short period（2–10 days）, achieving depth sharing and aggregation between parent and subsidiary stations.
Vortex is Launching on the BSC Testnet This Week!
We’re excited to announce that Vortex will be launching on the Binance Smart Chain (BSC) testnet this week. We’re always looking for opportunities to enhance the Vortex ecosystem, and we believe that by launching on the BSC testnet, we will be able to reach a wider group of users and provide a more efficient and convenient trading experience.
During the testnet phase, we encourage all users to participate and provide feedback to help us further improve our products. We look forward to continuing to develop and improve our platform in the coming period, providing the best decentralized trading experience for our users.
Follow us: linktr.ee/VortexDex
Trade on Vortex:
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