PRESS RELEASE
Revealed September 11, 2023
Concentrating on this specific hole available in the market, decentralized change MUFEX has developed a Telegram Bot — the MUFEX Recreation Bot — particularly for the large Web2 consumer base on Telegram.
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MUFEX Recreation Bot is an progressive SHIB contract buying and selling sport on Telegram. It ingeniously combines the strategic nature of contract buying and selling with the enjoyable of gaming, providing customers a gamified buying and selling expertise with as little as 1U and a default leverage of 100x. Most significantly, the platform airdrops a place of 100,000 USD to every consumer. This provides relative newcomers a low (and even zero) value to expertise the attract of crypto perpetual contracts, all from the acquainted interface of Telegram.
The MUFEX Recreation Bot pioneers a gamified buying and selling method, being the primary to take action within the house of Telegram Buying and selling Bots. Customers merely want so as to add the Bot as a pal on their Telegram, they usually can generate a pockets tackle following the given prompts. This consumer expertise abstracts away the technical particulars that the typical Web2 consumer wouldn’t be acquainted with. This replicates and attracts upon the user-friendliness of CEXs whereas concurrently upholding the safety inherent to wallets.
MUFEX Recreation Bot Gameplay Introduction
The sport state of affairs of MUFEX Recreation Bot is about as an intense chase between Miner and Dinosaur. The core aim of the sport is for gamers to assist Miner pace up by opening and shutting positions within the sport, finally serving to Miner attain the treasure chest earlier than being caught by Dinosaur and the consumer will get to generate important earnings alongside the way in which.
The sport has two attainable outcomes: one is that Miner efficiently reaches the treasure chest, and the opposite is that he’s caught by Dinosaur. Miner, who efficiently reaches the treasure chest, will obtain a treasure chest reward. The variety of treasure chests is dependent upon the minimal variety of sport coupons consumed in a number of open and shut rounds. The treasure chest is split into atypical treasure chests and golden treasure chests, which can comprise wealthy prizes corresponding to sport coupons, USDT, NFT fragments, workforce jackpot prizes, and platform jackpot prizes.
A key characteristic of the sport is that the contract earnings obtained by gamers within the sport could be freely withdrawn, offering gamers with actual revenue alternatives.
MUFEX Recreation Bot airdrops sport coupons price 1000U to every consumer, every sport coupon is price 1U, and the entire airdrop place is 100,000 USD. Customers can unlock 2 sport coupons by logging in daily, and customers who log in for the primary time will obtain an extra 10 sport coupons, equal to a buying and selling place of 1000 USDT, guaranteeing that every one customers can take part with out obstacles.
There are presently 3 ways for gamers to earn cash:
- Open a number of accounts at zero value to get sport coupons, after which randomly open positions to gamble for a excessive profit-loss ratio. When the place reaches a sure scale, the win charge will method 50%, and the excessive profit-loss ratio will come into play to attain profitability;
- Gamers can get hold of numerous sport coupons by inviting many buddies to hitch the sport. These sport coupons can’t solely be used within the sport to extend Miner’s pace, enhance the possibility of getting a treasure chest, but additionally gamble for earnings;
- Along with the sport’s earnings, gamers can deal with accumulating treasure chests, money rewards (as much as 20U), MUFEX platform factors and official NFT fragments to get important airdrop rewards.
The Energy Behind
The distinctive gameplay of MUFEX Recreation Bot has attracted quite a few gamers, because of the core driving power behind it, MUFEX. MUFEX is an on-chain perpetual contract protocol designed for crypto degens and is dedicated to offering an unparalleled buying and selling expertise.
MUFEX, in cooperation with pockets suppliers, took the lead in implementing the account abstracted wallets within the perpetual contracts change scene. This permits customers to create a MUFEX account and log in to the MUFEX platform by means of e mail or social media accounts. Upon registering a MUFEX account, customers can select to not have non-public key mnemonics and different Web3 account options, and straight hyperlink the account with e mail or social accounts with a number of different Web2 options. This removes the troubles of Web2 customers, having to know and handle troublesome Web3 ideas like complicated mnemonics and personal keys.
MUFEX’s buying and selling system makes use of off-chain contracts and matching engines, which might run stably beneath excessive market circumstances, with an order delay of lower than 10ms. Every forex pair helps as much as 100,000 transactions per second, in the meantime VISA’s bank card world community can solely course of 2,000 transactions per second. Which means the MUFEX system can present customers with numerous totally different buying and selling providers, guaranteeing effectivity, low value, and security and reliability.
- Multi-chain Asset Aggregation
MUFEX helps multi-chain property to reinforce consumer expertise and scale back capital inefficiency. MUFEX aggregates information throughout chains to offer merchants with extra market alternatives, means to make use of funds and withdrawals throughout chains.
- Excessive Liquidity, Low Slippage
The excessive liquidity and low slippage are essentially the most highly effective indicators of a robust buying and selling platform. MUFEX is the primary to combine the order ebook mannequin with a liquidity pool mannequin. Whereas guaranteeing enough liquidity ensures low slippage in buying and selling, it has additionally added extra insurance coverage pool threat management methods, permitting liquidity suppliers to the liquidity pool to acquire extra financial advantages.The built-in buying and selling mannequin brings in regards to the strengths of each commerce execution fashions to enhance one another for a greater designed commerce execution mannequin.
Platforms face points in constructing larger leverage merchandise resulting from oracle worth delays, thus lowering consumer buying and selling selections. To make sure the protection of transactions and construct a extra various product system, MUFEX will proceed to make use of the spot costs of mainstream CEXs because the mark worth. Because of wonderful liquidity and powerful technical experience, MUFEX gives as much as 150x contract leverage in fashionable perpetual contract pairs.
Future Prospects of MUFEX Recreation Bot
With Uniswap main the way in which, DEXs have challenged the CEX spot market. Nevertheless, within the profitable perpetual contract market, perpetual contract DEXs stay behind of their rivalry with CEXs.
MUFEX integrates DeFi, GameFi, and social parts. Leveraging the gamification of perpetual contract buying and selling and aligning with Web2 consumer conduct, it goals to coach customers on perpetual contract DEXs. MUFEX’s overarching aim is to function the primary perpetual contract DEX that Web2 customers encounter, positioning itself because the go-to platform for Telegram’s huge 800 million customers to delve into DEX.
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