Storm Trade
Road to IDO
Active
09 May 2024 - TBA
Storm Trade is the first decentralized perpetual exchange on TON that offers users an improved trading experience via implementing SocialFi components in its app and the opportunity to trade crypto, stocks, forex with up to 50x leverage. It is powered by the utility token $STORM, which enables users to participate in the platform's DAO voting, pay fees for utilizing the exchange, and reduce fee costs paid to the exchange by staking $STORM.
On May 9th, 2024, the project announced the start of the Road to IDO contest on Magic Square, allocating 0.5% of the total supply.
Storm Trade - Road to IDO Overview
How to join Storm Trade - Road to IDO?
To participate in the Storm Trade Road to IDO contest, you need to log in or create an account on Magic Square, complete KYC verification, and visit the StormTrade Road to IDO campaign. There, you need to clear all steps until the 6th and click on "join now" on the 6th step of the contest.
There, you will be proceeded to the Zealy tasks, where you will be able to earn XP for completing social tasks, quizzes, and other quests.
Unfortunately, we won't walk through all the tasks on Zealy because of the large amount of tasks. It is important to note that in addition to the Zealy XP, you can farm Storm Points, which also provides you with Zealy XP once you reach a certain amount of Storm Points using the same wallet:
This means that by participating in the StormTrade airdrop, you can also join the Magic Square Road to IDO campaign and share a reward pool from both Storm Trade airdrop and Road to IDO on Magic Square. Hence, the CoinLaunch team decided to highlight the most effective ways to farm Storm Points and receive additional Zealy XP:
- One-off tasks with trading volume:
You are able to earn a certain amount of Storm Trade points for achieving a certain trading volume equivalent in $USDT:
- 15 points for reaching a 1,000$ trading volume;
- 30 points for achieving 10,000$ trading volume;
- 175 points for reaching a 100,000$ trading volume;
- 2,000 points for achieving 1,000,000$ trading volume.
- One-off tasks with liquidity volume:
Similarly to the trading volume, you can provide liquidity to the platform in TON and USDT/jUSDT and get the StormTrade points for reaching certain amount of liquidity volume worth in $USD:
- 10 points for $100 worth of liquidity provided;
- 30 points for $1,000 worth of liquidity provided;
- 70 points for $10,000 worth of liquidity provided;
- 150 points for $100,000 worth of liquidity provided;
- 2,000 points for $1,000,000 worth of liquidity provided.
- Repeatable activities:
In addition to the one-off tasks, you will also be receiving 1 Storm point per $100 worth of trading volume, as well as 1 point daily per $100 worth of liquidity provided.
Read more about the Storm Trade points in the project’s docs.
Good luck!🍀
Step-by-step Guide
Create account or Log in to Magic Square;
Complete KYC verification;
Visit the Storm Trade Road to IDO campaign;
Clear all necessary steps on this page and proceed to Zealy quests by clicking on “join now” button in the 6th step;
Complete quests on Zealy, such as social tasks, completing quizzes, etc;
Discover how to earn even more Zealy XP by farming a certain amount of Storm points;
Farm Storm points and Zealy XP;
Receive your tokens at $STORM TGE.