AZEx Upcoming $AZT Airdrop Testnet Event

AZEx, a decentralized point-to-pool perpetual DEX (Perp DEX), is launching a testnet airdrop event, offering participants a chance to secure allocations of its native $AZT token. The event runs from December 5th to December 19th, 2024, and is designed to reward early users who engage with the platform's core features. By utilizing blockchain mechanisms, AZEx provides decentralization, transparency, and automation, connecting traders and liquidity providers while optimizing the potential of on-chain assets.

The airdrop follows a raffle ticket system where participants can enhance their winning chances through active involvement in the platform. The more users engage with trading, liquidity provision, and advanced activities, the higher their chances of receiving larger token allocations. To participate, users must set up a BeraChain-compatible wallet, acquire $AZT test tokens through token swaps with $HONEY on Bartio, and access the AZEx alpha testnet platform to begin.

The testnet offers various participation levels to suit different user interests. Trading activities require participants to build trading volume using available pairs, balancing long and short positions, and making regular trades. Liquidity providers can earn $ALP tokens by contributing to pools and staking $AZT to receive additional rewards like $BGT. Advanced options include becoming a fund manager, sharing referral codes, and attracting active traders to the platform.

The platform incentivizes engagement by rewarding each completed task with raffle tickets, which increase allocation chances. This cumulative system ensures that consistent and diverse participation is recognized. Users are encouraged to explore different pools for optimal yields, adjust positions based on market conditions, and participate actively in the platform’s community.

AZEx also emphasizes community building by inviting users to join its Discord, create content, and help onboard new participants. Sharing experiences on social media with tags such as @azex_io and #AZExTestnet further enhances user engagement and visibility.

The event underscores AZEx’s commitment to fostering an active ecosystem while offering rewards to its early adopters. By actively engaging in trading, liquidity provision, and community activities, participants can maximize their chances of earning allocations and contribute to the platform's growth. This structured approach benefits both users and the development of the AZEx ecosystem.