Thread by @VanessaDefi

Perp DEXs have been a hot topic this year due to their ability to profit even during a bear market.

GMX showed us the possibilities 🤑💰

An opportunity to get in at the earliest price (#presale) of the latest #PerpDEX – @_aiPX – has presented itself 😊

Not RT 🧵 = #NGMI

💠What is @_aiPX?
💠Benefits of @_aiPX?
💠Risk Management for LPs
💠Tokenomics
💠Roadmap
💠AIPX Emissions
💠aiPX DAO
💠Yield Rewards
💠 Other Ways to Earn
💠Conclusion

💠WHAT IS @_aiPX?

aiPX is a decentralized, non-custodial perpetual DEX on Arbitrum with a focus on risk management and an innovative liquidity solution for liquidity providers.

It provides a cutting edge trading solution for decentralized perpetuals, including binary options and synthetic perpetual trading. It was originally launched by @Level__Finance.

💠RISK MANAGEMENT FOR LPs

Within the RMLP system are “TRANCHES” with varying risk profiles associated with them, reflecting underlying exposure for aiPX Liquidity Providers (ALPs), isolating risk associated with providing liquidity.

Tranches are essentially pieces of a pooled collection of securities that are split up by risk in order to be marketable to investors with different risk appetites.

To adapt this system for DeFi, each tranche represents a pool of assets such as ETH, MATIC and stablecoins.

With each tranche representing a different risk profile, ALPs are able to choose the amount of risk they are willing to bear.

💠TOKENOMICS

The aiPX protocol will have two tokens that drive yield and governance:

⏩️ The AIPX Utility token, which can be earned by providing liquidity, trading, and sharing referral links

Ticker: AIPX
Total Supply: 10,000,000
Contract Address: 0x8851D0A690F9D1CcB487203d75A1703E133d92FC

⏩️ The AGO Governance token, which can be earned by staking AIPX
Additionally, the aiPX protocol will utilize ALP tokens for liquidity providers, which earn AIPX.

Ticker: AGO
Total Supply: 1,000 AGO
Emission: 0.685 AGO per day

AGO can be obtained by:
✨ Staking AIPX tokens in the AIPX DAO
✨ Participate in the AGO Auction (burn AIPX - get AGO)

⏩️ ALP Tokens

By providing liquidity to the aiPX Protocol, liquidity providers receive ALP tokens, which passively earn AIPX.

💠 ROADMAP

👉 Presale run (app.aelin.xyz/pool/arbitrum/…)

👉 Website drop

👉 Platform launch

👉Add more chains moving forward and become #multichain.

👉 Add more feature and have a suite of #defi products

💠AIPX EMISSIONS
The AIPX token has a fixed supply with a decaying emission model. It will take four years for the full supply of AIPX to release, with 20% of supply being released each year.

The emission schedule can only be changed if voted on by DAO governance.

💠aiPX DAO

In the spirit of community-inclusivity, aiPX protocol will utilize a DAO in order to better serve their community.

The #DAO will be used to vote on protocol changes, like adjustments to the emission schedule, managing DAO Treasury assets, and other strategic moves.

💠YIELD REWARDS

@_aiPX offers four means of #yield rewards, including:

♨️Earning with ALP
In exchange for providing liquidity on the aiPX Protocol, ALP tokens passively earn AIPX and can be claimed from the liquidity dashboard.

♨️AIPX #Staking
A percentage of daily protocol earnings are allocated to AIPX stakers

♨️AGO Staking
A percentage of daily protocol earnings are allocated to AGO stakers

♨️AIPX/ETH LP
In exchange for providing liquidity to the AIPX/ETH LP,liquidity providers can earn AIPX tokens

💠OTHER WAYS TO EARN

🤑Trade-to-Earn Program

Traders on the aiPX Protocol automatically receive AIPX loyalty tokens, or lyAIPX, depending on the size of swaps and trading positions in USD.

These lyAIPX tokens can then be converted into AIPX tokens after a 24 hour vesting period.
see link for more info (aipx.gitbook.io/aipx-documenta…)

🤑REFERRAL PROGRAM
By utilizing your unique referral link, your friends and followers can earn Referral Points.

For every 1 USD in fees, the trader will be rewarded with 1 Trading Point (TP) and the referrer will be rewarded with 1 Referral Point (RP), which will be redeemable for AIPX tokens on a weekly basis.

💠CONCLUSION

There are exciting ways for users to earn starting from participating in the presale to utilizing the yield rewards and trading. Their Risk Management feature is also something that tickles my fancy and I’d love to see how it plays out

Should you wish to conduct more research, there’s an #AMA today at 14:00 UTC with @UnidentifiedDao.

Presale is currently live on @aelinprotocol

https://twitter.com/_aipx/status/1

…

Also, find some useful links below:

Docs: aipx.gitbook.io
Discord:
discord.gg/fVxfFVysCN