Nado
Nado
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Nado is a decentralized exchange built as a central-limit orderbook (CLOB) on the Ink blockchain, developed by the same team responsible for Kraken. The platform merges spot trading and perpetual derivatives under a single, unified margin framework, enabling users to manage collateral across multiple open positions in one place.
Reward
$ Announcement is pending
Platform
Ink
Max. Participants
Time Left
00
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Task Description
Nado is currently running a points-based rewards system for participants in its private alpha program. Users can accumulate Nado Points through various trading actions on the platform, including spot market activity, perpetual positions, and general platform engagement.
The project has confirmed that Nado Points will be redeemable for $INK tokens. However, specifics such as the conversion formula and exact distribution timeline will be released ahead of the $INK token generation event (TGE).
At this stage, access to Nado is restricted to users approved from the waitlist. The team is prioritizing individuals with strong trading experience who can contribute meaningful feedback during the alpha testing phase.
Conditions
Step 1
Join the Nado Waitlist
Visit the official Nado waitlist page and submit your application by providing your EVM wallet address, email, and social handles (X/Twitter, Telegram, and Discord) to strengthen your approval chances.
Step 2
Await Access Confirmation
After submitting the form, wait for the approval message. Once accepted, you can enter the Nado DEX using the wallet that was approved during registration.
Step 3
Set Up Your Account
Follow the platform’s official guidance to deposit assets into your Nado account so the system can recognize your wallet and activity.
Step 4
Begin Platform Activity
Use the interface to interact with both spot and perpetual markets. These actions generate Nado Points, which the team has stated will later convert to $INK tokens, with details provided prior to the token generation event.
Step 5
Track Your Points & Stay Active
Check your progress through the points dashboard and continue engaging with the platform during the private alpha phase to maximize point accumulation before the rewards program closes.
Project Description
Nado is a decentralized exchange built as a central-limit orderbook (CLOB) on the Ink blockchain, developed by the same team responsible for Kraken. The platform merges spot trading and perpetual derivatives under a single, unified margin framework, enabling users to manage collateral across multiple open positions in one place.
By operating on Ink, Nado delivers an orderbook-style trading environment with support for different collateral types, margin functionality, and leveraged trading. Its goal is to offer a full-featured trading experience where users can access both spot markets and perpetual contracts from a single interface.
Frequently Asked Questions
Approval duration depends on the number of applicants and the team’s evaluation process. The review prioritizes individuals with prior trading experience who can contribute meaningful feedback during the private alpha testing period.
Nado operates on the Ink blockchain, which functions as the core network for its decentralized exchange. Participation requires the use of an EVM-compatible wallet.
Nado has stated that all points earned during platform activity will be redeemable for $INK tokens. The specific conversion formula and final distribution guidelines will be released ahead of the token generation event.