Core Markets
US
Core is a perpetuals trading platform on Blast Network. It supports various trading methods while keeping the process on-chain and rewards traders and stakers.
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The Challenge
Duration of work: 3 months
People on the project: 6
Aegas team implemented new Core tokenomics model when upgrading the live product with large and active user base and trading volume. Distribution mechanics built for the protocol required deep knowledge of perpetuals trading domain and the specifics of integrated protocols.
As Blast features such as Blast Gold, Blast Points and Blast Airdrop were being introduced, our team supported new incentives for the platform users distribution keeping up with the pace of network updates on the short notice.
Project
team
- Frontend Developer2
- Backend Developer1
- Smart Contract Developer1
- Product Manager1
- DevOps1
Oleh
[Frontend Developer]
Oleh
[Frontend Developer]
Pavlo
[Backend Developer]
Bohdan
[Smart Contract Developer]
Lidiia
[Product Manager]
Yurii
[DevOps]
What we use
Integrating with leading trading protocols, Aegas team has built the solution with decentralization and user convenience in mind.
The Result
Over 85M Blast Points and 36K Blast Gold distributed
New tokenomics launched successfully
Promoted and supported by Blast Network
Aegas seamlessly updated Core tokenomics in the smart contract protocol and built incentives distribution mechanics for traders and stakers based on their activity on the platform, staking duration and the trading volume on the platform. Platform fees from trading activity are used to buyback the CORE token automatically and distribute it to stakers, providing a stable and reliable income for protocol participants.
Aegas team is supporting Core as a product development team and is working on new protocol and platform features to bring decentralized perpetuals trading to a whole new level.
