Introducing Arbitrum Atlas 🏞️🏛️
Guide to farming our 500K $KTC Airdrop on Arbitrum
Hello everyone, we are super excited to announce “Arbitrum Atlas”, a 500K $KTC Airdrop for Arbitrum users and our close ecosystem partners! This has been a long time coming since our expansion to Arbitrum at the start of 2024 and following our previous airdrops on Mantle Network and BNB Chain.
Since then, KTX has crushed milestones with over $6.5B in Total Trading Volume, $10M in Total Value Locked and ~$5.5M in all time fees generated! We’ve emerged as the top project on Mantle by fees generated and consistently the top 5 PerpDex by 24hr fees generated across all EVM chains!
KTX has also ventured into the BTC Ecosystem recently through our partnership with BounceBit, pioneering on-chain perpetual trading for Bitcoin natives. With our constant drive to deliver more value for our users, we’re positioned to be the go to multi-chain PerpDex across emerging ecosystems!
Why KTX Arbitrum Atlas?
In case you didn’t realize, but we’ve been doing an airdrop on every new chain we expand to. Arbitrum is no different, and we were looking for the perfect timing to show our gratitude to all our users.
Following the underwhelming announcement by Eigenlayer of their highly anticipated points farming campaign for $EIGEN, the KTX team decided that we can deliver a far more transparent and equitable airdrop for anyone who has played a part in our project’s journey.
Our priorities include fully ‘transferrable’ liquid tokens, transparent farming timeline and proper airdrop allocation justification. As for the mechanics behind Atlas, here’s how:
Arbitrum Atlas will utilize a robust points system called “Atlas Rings” for a short period of 2 weeks for users to maximize their $KTC airdrop allocation.
Users can accumulate Atlas Rings through four ways:
- All Users who have used KTX Protocol on the Arbitrum mainnet before 21st April 2024
- All Vaultka Leveraged KLP (Tequila Vault) participants as of 21st April 2024
- All eligible $PYTH Stakers as of 22nd April 2024
- Users who engage with KTX during this main Arbitrum Atlas event period from 7th May, 0000hrs to 21st May, 2359hrs UTC+8
Do note that the snapshot for points (1), (2) and (3) has already been taken. The Arbitrum Atlas event will be heavily concentrated on this Atlas event with specific criteria elaborated below.
How to Navigate the Arbitrum Atlas
Once Arbitrum Atlas officially begins on 7th May 2024, users will be able to see the amount of Atlas rings they accumulate in live time, as well as 4 key statistics (1) Trading Volume (2) Profit & Loss (3) $KTC Staked & (4) $KLP Staked. These criteria will be key indicators of how much each user’s eventual $KTC allocation will be.
Users will be able to see the Atlas Rings they’ve earned on KTX.Finance’s Rewards page if they have previously interacted with KTX or with our esteemed partners, Vaultka and Pyth.
Eligible Vaultka Users
You will be eligible if you’ve deposited into Vaultka’s KLP Leverage vault, or casted votes to direct $esVKA emissions to the vault in the latest epoch
Eligible Pyth Users
If you’ve staked more than 5,000 $PYTH tokens, you would be considered as an eligible user too!
With that happy farming on Arbitrum Atlas, and we wish you the best in your humble airdrop farming journey! See you at the finish line 🤝
