Another opportunity to shape the future is arriving in your lap, as on Oct 11 at 11:00 UTC we will be launching a new round of BTR Voting where you can bring Position Exchange(POSI) to Bitrue using your BTR holdings!
Position Exchange is the new Decentralized Trading Protocol, powered by a vAMM and operating on Binance Smart Chain initially, aiming to bridge the gap between people and the cryptocurrency markets and enhance trading experiences.
The protocol offers easy and accessible Derivatives Trading in which users can trade Crypto Derivatives Products fully on-chain transparently and trustless, with high security, and privacy with a plan to expand into other assets in the future. The platform is designed to deliver all the advantages of Decentralized Finance whilst bringing the traditional Centralized Finance experience and tools onboard. To mention High leverage, low slippage, and low costs as well as limit orders all while solving the liquidity issue using the vAMM.
When the vote ends, the staking period will begin. For every day that your BTR remains staked you will continue accruing rewards, which will all be paid out in one lump sum at the end of the staking period. You can unfreeze your BTR earlier if you wish, but you will receive fewer rewards as a result. Staking for this coin will last for 7 days, and the total prize pool going out to all participants is 10,000 POSI.
Deposits for POSI (BEP20 Network Supported) will available on Oct 11, and if it win the BTR vote it will start trading with a USDT pair very soon.
BTR Voting is available in the Bitrue app, available to download on both Android and iOS, or use the newly launched web version. Just tap on the BTR Vote icon on the homepage, then select the coin that you wish to support. If you want to maximize your rewards and support new projects as much as possible, you can purchase BTR on the Bitrue exchange.