Tethys Perpetual is LIVE! 🚀
We are proud to present open beta of Tethys Perpetual - the first DEX to offer METIS leverage trading 📈
- trade METIS / BTC / ETH / AAVE up to 50x lev. - stake TETHYS 🪙 - add liquidity 💧 - participate in bug bounty
Tethys
This is very huge and important milestone in our Tethys V2 transition roadmap.
Truly a moon mission in terms of how much work we had to do to bring this release to @MetisDAO ecosystem 🌜
Now, with one of the core puzzles already in place we are ready to conquer new heights 😼
Lets cover all the key features, activities and disclaimers below 👇
Staking 🪙
How to stake TETHYS:
1. Go to Earn
2. Stake 3. That's it! ✨
After doing these simple steps you start earning rewards in METIS as well as Multiplier Points.
Longer you stake - more rewards you get by compounding your Multiplier Points 📈
Tethys
Trading 💹
How to open position on Tethys V2:
1. Go to Trade
2. Select asset you want to long or short, choose leverage 3. Create position 4. That's it!
Tethys
Liquidity 💧
How to add liquidity:
1. Go to Liquidity
2. Select asset you want to add to Liquidity 3. Buy TLP
Find more about TLP in our docs:
Tethys
TLP
Participate in bug bounty by joining our Discord and submitting your experience in bug-reporting channel.
❕Do not forget to include your METIS wallet address to the report
3 randomly selected and 3 the most informative report authors will share reward pool of 2000 TETHYS 🏆
Security is crucial for us, that's why these policies will be enforced during beta:
- 0.5% fixed spread for METIS trading derived from spread between CEX 📊
- to claim profits the position must be either opened 3 hours or price must move for 1.5% to fight oracle frontrunning🏃♂️
Open beta will be ongoing until 28th of January 📅
This is also the date when we announce winners of bug bounty and provide more info about upcoming airdrop 🚁
We are looking forward and can't wait to read about your V2 experience ❤️
BuildOnMetis
TethysThis post is based on this twitter thread.
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