Arken Finance Announcing the First Special Perks for NFA Holders: 14-day Free Trial on SLAMM
Greetings, Arkeners and Non-fungible Airdrop (NFA) holders. Today marks the day where we announce the very first special perk for Arken’s NFA holders. But before we get deeper into the perk, let’s put on a recap on the NFA and how it works for the ones who missed out on the chance.
What is NFA?
NFA or non-fungible airdrop is firstly introduced by Arken Finance in May 2022 to represent the true value of the $ARKEN airdrop rewards before the initial DEX offering (IDO). The NFA is introduced with the objective of unlocking airdrop benefits to 2000 winners of the 1st airdrop and a chance to take their part of the rewards before the $ARKEN IDO. Each NFA will be distinctive to each ranking, storing a different amount of $ARKEN tokens, perks, and benefits to them.
And today, we are officially announcing the first perk as we promised. Let’s have a look at the details.
Arken Finance, Launching a New Feature: Stop-limit Order for AMM (SLAMM)
In the upcoming days, Arken Finance will be launching a new, innovative feature that allows our users to do risk management and set conditional trading orders strategically. The said feature is Stop-limit Order for AMM (SLAMM). A stop-limit order is a limit order that has a stop price to trigger the order execution. When the market price reaches the stop price, it triggers the limit order. This would greatly help traders in volatile markets to manage risks and take profits. If you would like to know more about SLAMM, please visit here.
Along with launching SLAMM, we are also upgrading our Limit Order protocol for BSC network to version 2. The new version also uses the same mechanism with Stop-limit Order for AMM, which will result in increasing the chance of order execution over the previous version.
In using the Stop-limit Order for AMM (SLAMM), users will be charged a base operating fee that is capped at 0.25% max. Thus, the cost can be varied on many factors, but will never exceed 0.25% of your trading volume. For more details on the cost structure of SLAMM, click here.
14-day Free Trial on Stop-limit Order for AMM (SLAMM)
We are proud to announce the first exclusive perk for our valued NFA holders.
All NFA holders will be privileged to a 14-day free trial of the Stop-limit for AMM (SLAMM) & Limit Order V2. The free trial campaign duration will last 14 days after the expected launch date of SLAMM: July 15, 2022 (exact time: to be announced). So you will be able to try SLAMM & Limit Order V2 for free from July 15–29, 2022 9.00 AM (UTC). Please visit our docs for more information.
Just for a heads up, the Arken Finance team will cut the final list of wallet addresses that are eligible for the free trial campaign on July 13, 2022 5:00 AM (UTC). Then, we will announce that list 1 day before the SLAMM public launch. Those who are eligible for the free trial will receive the platform operating fees (excluding operating gas fees) back automatically in the form of cashback on 1–5 Aug 2022.
To be eligible for a 14-day free trial of the Stop-limit for AMM (SLAMM), you can visit here to purchase the NFA or visit here to mint the NFA before July 13, 2022 5:00 AM (UTC).
To stay updated on the news, NFA holders can follow our Twitter, Telegram, and Discord channels so you won’t miss the important announcements. Stay tuned!
Looking into the Future: Our Appreciation to All NFA Holders
With all being said and explained, this is just only the first perk of all of the perks NFA holders will get from supporting Arken Finance. With a great mission shared across our team, we are planning to launch many new features that aim to help DeFi traders around the world succeed with your investment plan. We are very grateful that our community members have been with us for so long and hope that you will keep supporting Arken Finance and grow with us.
For those who are reading up to this point and haven’t owned any NFA yourself, don’t miss out on the chance! You can check out our TofuNFT official account to find your favorite NFA. But if you are not ready to buy some, you can also wait for our AirdropV2, it’s definitely coming soon!
Enjoy using SLAMM & Happy Trading!
Arken Team
