Paper Trading Launches for NFTPerp V2
nftperp V2 paper-trading launched with its new FusionAMM model, a hybrid system integrating Automated Market Maker (AMM) and Decentralized Limit Order Book.
The Deets
- Hybrid System: The FusionAMM model replaces the V1 Protocol-as-LP vAMM due to scalability issues.
- Participation: Users can try out the system by securing Mock wETH on http://testnet.nftperp.xyz.
- Feedback Rewards: The team welcomes UI/UX feedback and bug reports, offering rewards for valuable contributions.
- Upcoming Announcements: Paper trading competition and educational content on v2 protocol design are in the pipeline.
The Bulk
After encountering scalability hurdles with their V1 Protocol-as-LP vAMM model, nftperp has made the leap to the FusionAMM model in its V2 paper-trading platform. This new system marries the liquidity advantages of an Automated Market Maker (AMM) with the flexibility of a Decentralized Limit Order Book, promising a smoother and more robust trading experience.
Getting involved is straightforward. Users first secure Mock WETH through the platform's testnet. After obtaining the mock currency, they can start exploring the trading environment by selecting their trading pair and opting between market or limit orders. Participants can also choose their level of leverage before finalizing the trade in their digital wallets.
The platform is already pre-whitelisted for prior traders and Mafia Nut holders. For newcomers, a whitelist application is available to get you started on your V2 paper-trading journey.
🎬 Take Action
Eager to test the FusionAMM model? Head over to nftperp's testnet, secure some Mock WETH, and start trading. Your feedback could earn you rewards, and you'll gain a sneak peek at future trading innovations.
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