DeFi
Mantle and Vertex Partner for New Trading Experience
Hello crypto enthusiasts! There is some exciting news in the world of DeFi. Coat is partnering with Vertex, a decentralized exchange (DEX), to improve trading on the Mantle Network. The collaboration aims to improve efficiency and user experience, and kicks off with a 100,000 MNT trading contest. Here’s a closer look at what the partnership brings.
The Mantle-Vertex Team
Vertex is known for its fast order book and user-friendly features. By partnering with Mantle, these benefits will now be available within the Mantle network. This partnership promises a more streamlined trading experience, combining Vertex’s speed with Mantle’s innovative ecosystem.
Why this partnership is important
This collaboration brings together the strengths of both platforms, making DeFi more accessible. With Vertex’s performance and Mantle’s engaged community, users can expect a significantly improved trading experience.
Mark, Head of Business Development at Mantle, shared his excitement: “Vertex’s ability to provide fast, low-latency trading with cross-chain liquidity will significantly improve the user experience on Mantle.”
Darius Tabatabai, Co-Founder of Vertex, added: “Mantle is one of the most impressive ecosystems we have encountered, boasting an engaged and rapidly growing community and an ambitious growth plan.”
What’s next for Vertex on Mantle?
Vertex has big plans for its integration with Mantle, including offering 900,000 MNT in trading rewards to early adopters. Most of these rewards will be paid to active traders in the perpetual and spot markets, with a portion set aside for a trading competition.
100,000 MNT Trading Competition
To celebrate this partnership, Mantle and Vertex are hosting a trading competition with a prize pool of 100,000 MNT starting Tuesday, June 25. Traders will compete to climb a leaderboard based on their on-chain trading performance. This is a great opportunity to learn about the Vertex platform and possibly win some cryptocurrencies.
Vertex will organize 5 series of 6-day competitions with 1 day break.
Each of these competitions will have a prize pool of MNT 20,000 for a total prize pool of MNT 100,000.
1st round: June 25, 2024, 4:00 p.m. UTC – July 1, 2024, 4:00 p.m. UTC
2nd round: July 2, 2024, 4:00 p.m. UTC – July 8, 2024, 4:00 p.m. UTC
Round 3: July 9, 2024, 4:00 p.m. UTC – July 15, 2024, 4:00 p.m. UTC
Round 4: July 16, 2024, 4:00 p.m. UTC – July 22, 2024, 4:00 p.m. UTC
Round 5: July 23, 2024, 4:00 p.m. UTC – July 29, 2024, 4:00 p.m. UTC
Join the DeFi revolution
The Mantle-Vertex partnership is set to make waves in the DeFi world. With improved trading speed and a user-friendly platform, it’s a win for all parties involved. Keep an eye out for the 100,000 MNT trading contest and other exciting opportunities to come.