Chromatic Protocol Journey: Roadmap & Reward Programs

GehM...Umt6
15 Feb 2024
35



Introduction

Greetings, Chomers! As we bid farewell to the past year and step into the promising horizon of 2024, it's time to delve into the exciting developments of Chromatic Protocol and its roadmap for the future. In this blog post, we will take you on a journey through the significant milestones of 2023, the upcoming plans for 2024, and the enticing reward programs that await in the Chromatic community.

Retrospections of 2023:

The Chromatic Protocol officially marked its presence on November 16, 2023, with the launch on the Arbitrum testnet. Since then, a vibrant community has emerged, fostered through Discord and Twitter channels. The inaugural Season 1 of the airdrop program witnessed an overwhelming response, with 8,325,097.75 cETH and 324,318.34 cBTC in trading volume, along with 55,273 transactions and 805 new accounts.

Roadmap Ahead

Looking forward, the Chromatic team has outlined a detailed roadmap for the upcoming months. Notable achievements include the successful migration of the testnet app to the Arbitrum Sepolia network and the launch of the Referral Program UX Preview. The mainnet launch on February 21, 2024, is a pivotal moment, followed by Liquidity Boost Rounds and the launch of Trade Reward & Referral Programs.



Reward Programs - May the $CHRMA be with you!

Chromatic Protocol introduces three compelling reward programs alongside its Arbitrum mainnet launch, inviting active participation and engagement from the community.

Trade Reward (T2E) Program

This program aims to foster a vibrant and active trading environment by rewarding participants for their engagements. Traders earn airdrop points, convertible into $CHRMA tokens at a 1:1 ratio after the Token Generation Event (TGE). Season 1, running until March 31, 2024, allocates 1.5% of the total token supply, amounting to 1,500,000 CHRMA tokens.

Referral Program

The Referral Program incentivizes traders to actively invite others to the Chromatic Protocol, creating a positive feedback loop. With two tiers - Normal and Special - participants can earn up to 13% for themselves and up to 15% for their referrals. Early bird participants have a chance to access the Special Tier by submitting an application form before January 24, 2024.

LP Reward Program:

Designed to foster active participation from Liquidity Providers, the LP Reward Program offers airdrop points to liquidity providers. The program, running over six years, allocates 8,000,000 CHRMA (8% of the total token supply). Season 1, until March 31, 2024, allocates 1,000,000 CHRMA, with a warmup period and boosting period for LPs.

Conclusion:

Embark on the Chromatic Protocol journey now! As the era of decentralized futures exchange unfolds, seize the opportunity to participate from the early stages. Engage in discussions, contribute to the community, and witness the future on Chromatic. Join the community through their various channels and be part of this exciting venture!

โญ๏ธ Testnet app: Link
๐Ÿฆ Twitter: Link
๐ŸŽฎ Discord: Link
๐Ÿ“– Docs: Link
๐Ÿ‘ท GitHub: Link
๐Ÿ“š Medium: Link
๐Ÿก Linktree: Link

Embark on the distant journey of Chromatic Protocol, the protagonist of Perp Dex in the future. The era of decentralized futures exchange is not coming; itโ€™s here. See the Future on Chromatic!

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