Chromatic Protocol Launches Three Reward Programs Alongside Arbitrum Mainnet Launch

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20 Feb 2024
25

Chromatic Protocol is a decentralized perpetual futures protocol that provides permissionless, trustless, and unopinionated building blocks. It enables participants in the DeFi ecosystem to create balanced two-sided markets exposed to oracle price feeds and trade. Chromatic Protocol introduces three official reward programs alongside its Arbitrum mainnet launch. These programs include the Trade Reward Program, Referral Program, and LP Reward Program. The Trade Reward Program is the most essential part of the Chromatic Protocol, rewarding participants for their engagements, establishing a positive feedback loop that is expected to increase trading volumes on the Chromatic Protocol. The Referral Program is designed to expand the Chromatic Protocol ecosystem by rewarding referrers based on their performance. Referrers can earn rewards by sharing their unique referral link with friends and communities. The LP Reward Program incentivizes liquidity providers to provide liquidity to the pools. Chromatic Protocol is making significant strides in the DeFi space with its innovative approach to decentralized perpetual. The Chromatic Protocol's testnet app was migrated to the Arbitrum Sepolia network. On the same day, the Referral Program UX Preview was launched, and the Special Tier early bird registration for the Referral Program was opened, with the registration period lasting until January 24th, 2024. In February 2024, several significant events are scheduled. On February 1st, the Chromatic Protocol is set to launch on the Arbitrum Mainnet. The Trade Reward Program and the Referral Program are also slated to launch on the same day. A week later, on February 8th, the LP Reward Program is expected to launch. By mid-February, the audit of the Chromatic Protocol, currently being conducted by Halborn, is expected to be completed.
Chromatic Protocol is a decentralized perpetual futures protocol that provides permissionless, trustless, and unopinionated building blocks for participants in the DeFi ecosystem to create balanced two-sided markets exposed to oracle price feeds and trade3
. Chromatic Protocol ensures a balanced maker-taker equilibrium through an ingenious mechanism based on market supply and demand, fostering sustainability and equilibrium4
. Chromatic Protocol introduces three official reward programs alongside its Arbitrum mainnet launch: the Trade Reward Program, Referral Program, and LP Reward Program2
. The Trade Reward Program incentivizes active trading on the Chromatic Protocol, offering airdrop points that can be converted into $CHRMA tokens5
. The Referral Program is designed to expand the Chromatic Protocol ecosystem by rewarding referrers based on their performance. Referrers can earn rewards by sharing their unique referral link with friends and communities3
. The LP Reward Program incentivizes liquidity providers to provide liquidity to the pools2
. Chromatic Protocol is making significant strides in the DeFi space with its innovative approach to decentralized perpetual3
. The Chromatic Protocol's testnet app was migrated to the Arbitrum Sepolia network, and the mainnet launch is scheduled for February 21st, 20242
. By participating in these programs, users can contribute to the protocol's development and earn valuable rewards in the process3
https://www.chromatic.finance/

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