Shieldex.io Airdrop Review: Decentralized Protocol for Trading Future Derivatives

About Shieldex.io

Shieldex.io is building a one-of-a-kind decentralized protocol for future derivatives infrastructure, enabling global borderless access to finance. They plan to decrease the gap between the trading experiences of DeFi and CeFi platforms, enabling traders from cryptocurrency and non-crypto currency fields to become a part of the DeFi ecosystem.

Shield Airdrop is airdropping a total of 4,085,754 SLD to early supporters who have done various actions. Users who’ve participated in Shield Kovan & BSC testnet, Shield ITO application, 1st & 2nd Bug Bounty Program and Shield Gleam Series Campaign are eligible to claim the airdrop.

Step-By-Step Guide

1. Visit the Shield airdrop claim page.
2. Connect your Metamask wallet.
3. Switch the network to Binance Smart Chain. For more info regarding this, see this article.
4. If you’re eligible, then you will be able to claim your rewards.
5. Users who’ve participated in Shield Kovan & BSC testnet, Shield ITO application, 1st & 2nd Bug Bounty Program and Shield Gleam Series Campaign are eligible to claim the airdrop.
6. If you’re sure and still can’t claim then wait for the 2nd round which will go live on August 12th at 12PM UTC.
7. The claim will end on September 12th, 2021 and all unclaimed rewards will be redistributed to a community pool.
8. For more information regarding the airdrop, see this Medium article.

How it works

The SLD token is designed to facilitate and incentivize Shieldex.io Airdrop DAO and value allocation. Shield captures value through trading fees and return 100% of the revenue to the maintainers of the decentralized network (value creators) through innovative buyback mechanism.

[ Broker ] 

With the “Broker Campaign” commission system, brokers bring a steady stream of traders to the Shield network through education and referrals.

[ Trader ] 

Buyers of Shieldex.io protocol who pay settlement fees and funding fees for their trading needs.

[ Private Pool ] 

Sellers of Shield Airdrop protocol, who provide liquidity to the protocol’s private pool through their professional market-making capabilities and earn an order taking liquidity bonus (SLD).

[ Public Pool ] 

A reserve liquidity pool in which everyone can participate, earning LP rewards (SLDs) through liquidity mining.

[ Liquidator ] 

Trigger liquidation contract when there is an insufficient balance in the funding fee account or liquidity margin, to receive 150% of the gas expense as arbitrage rewards

Decentralized protocol for trading future derivatives

Shieldex.io Airdrop are building a secure, stable, and open decentralized derivatives trading protocol based on a fully non-cooperative game network.

Why they build Shield

DeFi will impact and disrupt CeFi & TradFi becoming an unstoppable trend. Shield strives to expand on the success of DeFi in derivatives market.

Non-custodial

Always control of your funds, rather than third party custody.

Transparent

Traceable and genuine transactions enforced by the blockchain.

0 intermediary tax

Shield Airdrop Non-profit trading protocol to eliminate centralized intermediary tax.

Trustless

Trust is no longer limited by branding, but by open-source verifiability code-Code is the law.

Easily accessible

No registration and KYC are required; thus no more administrative controls that prevent access to the market.

What’s perpetual option

Shieldex.io Airdrop first long-term on-chain options without the effort, risk, or expense of rolling positions.

For option traders

1. Exercise anytime with no expiration date
2. Long-term exposure without the need to roll position, decrease operational work, and risk
3. Concentrated liquidity to avoid liquidity fragmentation by different expiration dates and prices

For perpetual traders

Maximum trading loss is the daily funding fee

Ultra-high on-chain leverage: supports leverage ratios of 25x to 500x

Secure & private

Shieldex.io Layer 2 solution provides increased security & privacy via zero-knowledge rollups.

Buy, store, send and swap tokens

Available as a browser extension and as a mobile app, MetaMask equips you with a key vault, secure login, token wallet, and token exchange—everything you need to manage your digital assets.