On July 27, 2021, Bullish launched an update to its official website announcing the launch of a 7-week internal private pilot campaign. EOS Go has compiled detailed information about the pilot, let's take a look!
Retail and institutional investors who meet certain requirements will be invited to participate in the beta to experience the Bullish trading interface and Bullish' proprietary hybrid order book feature. Participants in the private pilot will have the opportunity to experience a variety of features and services, including spot trading, margin trading, and earning through the Bullish liquidity pool.
To encourage participation and feedback, Bullish Exchange will open a trading contest and offer a total of approximately $525,000 in prizes.
There will be a total of 3 games, each lasting two weeks with a scheduled down time between games. Each participants receives $500,000 in paper-trading. The first three participants who manage to maximize their portfolio profits during the two weeks of the game will receive the three prizes indicated above.
If the winner is ineligible, Bullish will donate the prize money to charity.
In the announcement, Bullish also explained the advantages of Bullish over other exchanges.
The innovative order book designed by Bullish that combines liquidity pools with traditional limito rders is able to offer deep and predictable liquidity. This will benefit all investors by making the volatility deterministic
Bullish's liquidity pools will allow users to earn revenue by providing high-quality liquidity to the market. Bullish plans to invest part of its multi-billion dollar treasury of balance sheet assets into the liquidity pool to guarantee trading depth.
Bullish will use EOSIO to securely execute and permanently record all financial movements on the platform, and all information will be encrypted and recorded to the EOS blockchain to facilitate externally verifiable state integrity.
At the end of the announcement, Bullish again emphasizes that for those who are able to participate in this private pilot, you are welcome to test it, enjoy it and remember that Bullish is still only an internal beta at this time, so you may encounter some bugs and maintenance periods.
Currently interested users can also click here visit the Bullish website to sign up to join the candidate test list.