How the DeCA Project Operates: Points
DeCA is a decentralized finance (DeFi) application focused on an innovative model for perpetual contracts (Perp) trading.
Its core concept is "DCA together, take profit together," through the CoTrade Pool, which allows users to collectively open and manage perpetual futures positions, share profits, and reduce individual liquidation risks.
The project currently offers points, and those ranked within the top 1,000 can obtain a Genesis NFT.
How to participate?
Enter the website and log in using X.
After logging in, click "Airdrop".
You will see four prerequisite tasks.
Follow the tasks: follow X, like and repost the post, join Discord, and finally claim test tokens.
After completing the four prerequisites, you will see three tasks.
Mainly the first two tasks.
1: Join a CoTrade Pool.
Select one that still has shares and click to join.
Enter the amount you want to subscribe to, click join, and wait for completion.
Then go to "profile".
Find the public pool you just subscribed to and vote to end this pool.
2: Create your own CoTrade Pool.
As shown in the image, at position "1" you can choose to go long or short.
At position "2", enter the amount; above it, you can choose limit order or market order.
At position "3", you can select the token.
At position "4", select the token you want to open a position on.
After completing all, click confirm.
You need to make your CoTrade Pool public.
Set a relatively safe risk level and click confirm.
Continue to click to view the pool.
Enter the amount to subscribe to your own pool.
Below is the vote to close this pool; if the pool has many subscribers, it requires majority agreement to close.
Since it's your own pool and only you have subscribed, we can directly vote to approve closing the pool.
Then go to "profile", find your own pool, and select to close it.
Wait for it to settle.
Strive to earn more points to secure a spot in the top 1,000 for the NFT reward.