Summary

▶▶ Chromatic Protocol has been launched on the Arbitrum Mainnet: https://app.chromatic.finance/trade
▶▶ Liquidity Boost Round #0 has begun, don’t miss a chance to provide liquidity and earn LP rewards!: https://app.chromatic.finance/lpboost

Chromatic Protocol On Arbitrum Mainnet 🚀

February 21, 2024, marks the birthday of Chromatic Protocol. Finally, Chromatic Protocol has been launched on the Arbitrum Mainnet!
Since its testnet launch in November 2023, Chromatic has progressed rapidly. We express our heartfelt gratitude to all community members who supported Chromatic Protocol and provided valuable feedback during the long and challenging three-month journey. Now that Chromatic Protocol is launched on the mainnet, our team is committed to striving for even faster and greater advancements in the future.
▶▶ https://app.chromatic.finance/trade
Here are the specifications for the first mainnet release of Chromatic Protocol:

Chromatic Protocol Mainnet Launch Specifications:

• Blockchain network: Arbitrum
• Market: USDT-BTC/USD (Chainlink Push)
• Settlement token: USDT
• Leverage: Maximum leverage x50
• Liquidity pool types: Crescendo, Plateau, Decrescendo
• Liquidity pool direction types: Long & Short, Long Only, Short Only
• Number of liquidity pools: 9 pools
• Protocol fee rate: 50% of trading fee
• Interest rate: 10% per year

Liquidity Boost Round #0 Started

Liquidity Boost Round #0 has started.

▶▶ https://app.chromatic.finance/lpboost
Liquidity Boost Round #0 aims to kick off our mainnet launch with robust liquidity by offering an extra LP Boosting Rate as a reward for users providing liquidity early on. Provide liquidity during the Liquidity Warm-up period and earn LP rewards. Those who registered during the pre-registration period can receive an additional rewards of up to 30%.
Liquidity Boost Round #0 Specifications:

• Min Cap: 100K USDT for each pool
• Max Cap: 400K USDT for each pool
• Lockup: 8 weeks (Lockup starts from February 28th, 00:00 UTC, the day the warm-up period ends)
• CHRMA allocation: 100K CHRMAs for each pool
• BP pools (Warmup Pools): 3 pools of USDT-BTC/USD market (Crescendo long & short, Plateau long & short, Decrescendo long & short)
• Warmup LP MAX Cap: $1,200,000
• Reward for Warmup LP: 300,000 $CHRMA
• People who registered during Pre-registration period will receive an additional 5% — 30% BOOST

Liquidity Boost Round #0 Schedule:

• Start: February 21, 2024, 00:00 UTC
• End: February 27, 2024, 23:59:59 UTC
• If the target amount for the Warmup pool is filled early, the Trade Reward, originally scheduled for February 28th, may start earlier.

How to Participate
Provide liquidity to the warmup pools to participate in Liquidity Boost Round #0.
When the warmup period ends, the collected liquidity will be transferred to the liquidity pools of the mainnet, and liquidity providers will receive CHRMA as a reward.
The era of decentralized futures exchange is not coming; it’s here. See the Future on Chromatic.

⭐️ Testnet app: https://testnet.chromatic.finance/trade
🐦 Twitter: https://twitter.com/chromatic_perp
🎮 Discord: https://discord.gg/bPR4uBfBu4
📖 Docs: https://chromatic.gitbook.io/docs/
👷 GitHub: https://github.com/chromatic-protocol
📚 Medium: https://medium.com/@chromatic-protocol
🏡 Linktree: https://linktr.ee/chromaticprotocol