【Blockchain Rhythm】Aster has just officially announced the launch of the new token for Rocket Launch Round 7, and this time the main character is Spacecoin ($SPACE). Interestingly, Aster will become the first DEX to simultaneously offer $SPACE spot and perpetual contract trading, and it also exclusively launched the SPACE/USD1 spot trading pair.
In terms of timing, the spot trading pair SPACE/USD1 opens at 12:00 on January 23 (UTC), and the perpetual contract SPACEUSDT goes live two hours later at 14:00. The entire event lasts until 14:00 on February 2, spanning nearly 11 days.
The rewards are quite substantial—totaling $150,000 worth of $ASTER plus 15.75 million $SPACE tokens. Both spot trading and perpetual contracts have a 1.5x trading weight bonus, meaning you can earn more rewards for the same trading volume. The specific distribution depends on your share of the trading fees, with perpetual and spot trading allocated according to their respective fee proportions. A single user can receive up to 3% of the total prize pool.
However, participation has a threshold—you need to hold at least 444 $ASTER (combined spot and perpetual accounts) throughout the event cycle, with the system taking random snapshots for verification. Rewards will only be distributed to users who meet both the minimum fee requirements and the holding conditions.
Additionally, Aster is also running a promotion: a limited-time fee-free USD1/USDT spot trading to facilitate those who want to participate in SPACE/USD1 trading and acquire USD1.
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gas_fee_therapist
· 10h ago
15.75 million SPACE tokens, Aster is really willing to spend money this time, can't avoid being dumped on
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Spot and perpetual trading opened simultaneously, this combo is really fierce, just worried about leveraged traders coming in to wipe out
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1.5x weight bonus? Feels like they're誘導 me to go all in, I think I'll wait and see
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Exclusive SPACE/USD1? Why does it feel like every DEX is playing this concept
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Wait, where did this SPACE come from? Does it have a background or is it just another air coin
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11-day event period, definitely aiming for the top of the leaderboard, the authenticity is questionable
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$150,000 worth of ASTER + 15.75 million SPACE, the reward pool feels like it's being drained really quickly
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MEVSandwichMaker
· 10h ago
Aster's move this time is indeed aggressive. With spot and perpetuals working together and additional weight bonuses, dropping 15.75 million Space tokens is truly generous.
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BearMarketHustler
· 10h ago
15.75 million SPACE tokens were directly dumped, that's quite aggressive. Aster is really generous this time.
Spot and perpetual trading are both open with 1.5x leverage. Is this move meant to encourage everyone to go all in?
Wait, what is USD1? Is it a stablecoin? Seems a bit strange.
Can Aster avoid rug pulls this time? I'm still holding the tokens from last time.
An 11-day cycle isn't long, but with such a large prize pool, it feels like it will be completely snatched up by arbitrageurs.
I'm still hesitant about perpetual contracts; trading spot is fine.
The dual-track launch is an interesting gimmick, but I guess the real profit will still go to the big whales.
1.5x leverage sounds good, but if trading volume can't be increased, it's pointless.
If Aster doesn't collapse this time, I might consider continuing to play here.
Aster launches Spacecoin: Spot + Perpetual dual-track now live, 15.75 million SPACE waiting for you to mine
【Blockchain Rhythm】Aster has just officially announced the launch of the new token for Rocket Launch Round 7, and this time the main character is Spacecoin ($SPACE). Interestingly, Aster will become the first DEX to simultaneously offer $SPACE spot and perpetual contract trading, and it also exclusively launched the SPACE/USD1 spot trading pair.
In terms of timing, the spot trading pair SPACE/USD1 opens at 12:00 on January 23 (UTC), and the perpetual contract SPACEUSDT goes live two hours later at 14:00. The entire event lasts until 14:00 on February 2, spanning nearly 11 days.
The rewards are quite substantial—totaling $150,000 worth of $ASTER plus 15.75 million $SPACE tokens. Both spot trading and perpetual contracts have a 1.5x trading weight bonus, meaning you can earn more rewards for the same trading volume. The specific distribution depends on your share of the trading fees, with perpetual and spot trading allocated according to their respective fee proportions. A single user can receive up to 3% of the total prize pool.
However, participation has a threshold—you need to hold at least 444 $ASTER (combined spot and perpetual accounts) throughout the event cycle, with the system taking random snapshots for verification. Rewards will only be distributed to users who meet both the minimum fee requirements and the holding conditions.
Additionally, Aster is also running a promotion: a limited-time fee-free USD1/USDT spot trading to facilitate those who want to participate in SPACE/USD1 trading and acquire USD1.