I have missed a lot of airdrops in the past such as Celestia , Arbitrum , Dymension and altlayer. The airdrop eligibility criteria was simple in most of the protocols. The most common criteria includes galxe campaigns and protocol interactions. As i completely fade these projects that is why i couldnt get any of the airdrop.
These mentioned protocols have rewarded a significant airdrop for just a little effort. To make sure that i do not miss any upcoming potential airdrop, i am trying to explore and interact with as many protocol as i can.
As you know in my previous post i discussed in detail about Parcl protocol and its functionality. You will be eligible for the parcl airdrop for interacting with the platform. This includes doing a trade or providing liquidity to parcl project.
In this article i am going to write detailed topic about LogX protocol , you can earn points and liquidity gems for interacting with.
ˢᶜʳᵉᵉⁿˢʰᵒᵗ ᶠʳᵒᵐ ˡᵒᵍˣ ʷᵉᵇˢᶦᵗᵉ
screenshot src
LogX is a Decentralised Exchange for trading perpetuals with the aggregated liquidity. LogX Aggregator combines the liquidity on different platforms to give users the best possible trades - lowest fees, high liquidity, and the most importantly, you dont have to maintain positions across various DEXes.
LogX eliminates the need for users of the platform to search for their favorite trading pairs across different decentralized exchanges DEXs and blockchain networks in crypto. Users and traders can easily perform all their trades from the one screen in LogX instead of navigating through different platforms. This unified and simple trading experience simplifies the process, making it more user-friendly and efficient.
LogX uses intelligent algorithms to efficiently process large orders. When a user makes large trades, LogX automatically splits these orders and routes them to multiple DEX locations. This strategy optimizes trade execution by leveraging the liquidity available on various platforms and ensuring that large trades are executed in a manner that minimizes market impact and slippage. will help you.
Another key feature of LogX is the ability to intelligently route orders to the most cost-effective liquidity source. To ensure users get the best value on their trades, various costs such as trading fees and funding fees are taken into account. LogX aims to improve the overall cost-effectiveness of users' trading activities by analyzing and selecting the most suitable liquidity sources.
ˢᶜʳᵉᵉⁿˢʰᵒᵗ ᶠʳᵒᵐ ˡᵒᵍˣ ʷᵉᵇˢᶦᵗᵉ
screenshot src
LogX introduces the innovation of cross-chain routing, allowing users to enjoy high liquidity regardless of which blockchain their funds reside on. This innovation enables seamless transactions between different blockchains, expanding the pool of available liquidity. Users will have access to a wider range of assets and trading opportunities, fostering a more connected and diverse trading environment.
LogX solves and addresses the common issues which are related to gas price management in distributed environments. Gas fees are tied to transaction processing on the blockchain network. LogX simplifies gas bill processing process and ensures an efficient experience. Users won't run into multiple pop-ups asking for gas prices, and stores won't get stuck due to missing charges. This ensures a smoother and more predictable trading experience and frees users from the complexities associated with managing gas fees in crypto.
In short , LogX is a comprehensive and intelligent trading platform that optimizes user experience, optimizes order execution, considers cost efficiency, facilitates cross-chain trading, and simplifies gas fee management in a decentralized trading environment. We provide solutions.
LogX is currently supporting six different top blockchains which are mantle , Linea , kroma , manta , arbitrum and telos blockchains.
Good thing is that LogX has no its platform token yet. But it is planning to launch its token in the future. To reward the platform users for their support it is giving out point cards and liquidity gems which will be converted to its official token at launch at a later date.
Each user will earn liuqidity gems for providing liquidity on LogX across any of the supported chains, while trading on the platform earns point cards.
I have provided $261 liquidity on the Mantle network two days ago and so far i have earned a total of 522 liuqidity gems. This number will keep increasing unless i withdraw from the pool. Users can provide any amount of liquidity as there is no restriction.
I hope to get a nice airdrop in the future from this project. LogX has raised millions of dollars in funding from top tier companies which makes me bullish on it.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
Motivation Dose
Get out of your comfort zone and fight the troubles and hurdles that come your way to success. Success awaits you. Life is beautiful ، live it to the fullest. Dont be hopeless. Stand strong in the ups and downs of life as its part of life. There is always a light behind every dark side.
About Author
