Official trading platform in the @GAZZFUN ecosystem
Joined September 2021
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backx.trade retweeted
StockSlot Battles with up to 6 players, now available on gazz.fun/stockslot. Battle in slots or mystery boxes! Open up to 100 mystery boxes in one battle, winner takes all.
backx.trade retweeted
Not everyone gets in early.
Those who participate, will know why.
backx.trade
backx.trade retweeted
Uniswap v4 hooks are live on GazzPad, and every coin can now carry its own transfer tax.
Pair to stocks, natives or memes, split a creator fee up to 2% six ways, airdrop a basket from 200+ assets to your holders, and vest up to 10% of supply for up to 5 years.
Not everyone gets in early.
Those who participate, will know why.
backx.trade
VALIDATORS: What is it?
Validators are the ones who make sure every trade on BackX is settled on time. Anyone can be one: a person, a bot or an AI agent. There is no sign-up and no permission needed. A validator watches the open positions. When one reaches its limit, the validator settles it on-chain. That can be a liquidation, a take-profit, a stop-loss, a short hitting its roof or a limit order that should open.
Every settlement pays the validator, in USDC. Each position sets aside a fixed $0.50 when it opens, and that always goes to whoever settles it, however late. On top comes an accuracy bonus. It is largest when the validator acts right and fast.
Example: Anna has a $1,000 Long on ETH, and ETH falls to her liquidation price. A validator spots it and settles it within a second. The issuers get their USDC back in full, and the validator earns $0.50 plus a $5.00 accuracy bonus, $5.50 in total. If it had come late, it would still have earned $1.50. Leaving a position unsettled never pays, so someone always picks it up.
The fastest and most accurate validators earn the most, and that is exactly what keeps issuers safe.
BackX will run a node of it's own validators with AI Agents on-chain aswell, but we want ordinary people to take advantage of this opportunity.
The future of trading for Agents - Capital
backx.trade retweeted
robinhood:0x08a5d78a4bc7754e8aff87b4509e007baeb685f3 is one of the few real revenue plays on Robinhood Chain.
Token and NFT holders earn from StockSlot: slots, arcade, mystery boxes.
And @GAZZFUN just introduced @BACKXTRADE. CEX trading, on-chain.
Watch this one.
What’s to come🫡
Building BackX will be one of my best life decisions, better than buying Bitcoin in 2016 or venture capital.
Creating a trading platform is easy: a server, RPC or private node, self-custody wallet, and marketing. But that's not BackX. This is not a usual DEX.
Even though backx.trade is a DEX, everything behaves like a CEX. Trade majors, minis, and memes with leverage. How is this possible, you may ask?
We've built a new way to trade by putting Server AMM on-chain, making trades faster and more reliant. With the future of Agentic trading, we believe capital issuing is the biggest bottleneck to solve. Allowing agents to trade 24/7 independent of a server up-time is crucial.
Most see DEXes as slow and CEXes as quick, as servers use high-speed internal APIs that avoid chain congestion. But CEXes have delays too.
With our technology, you can execute trades and liquidity positions faster than any other DEX & CEX. That's why we're confident putting the first CEX market on-chain.
We have no initial launch schedule, but will have active revenue sharing with @GAZZFUN benefiting holders.
Issuers will be most rewarded on BackX. We'll be the first trading platform allowing users to share profits from leverage trading. Details will appear at launch and in our upcoming Whitepaper.
Stay tuned and always DYOR.
