Leaked Deal Reveals DEX's Strategy to Poach High-Value Traders
A leaked agreement has shed light on the aggressive tactics some decentralized exchanges are employing to secure market share. According to reports from MyXmr and user CLR on platform X, a leading DEX is allegedly running a covert incentive program designed to lure active traders away from a competing platform.
The Lucrative Offer: Signing Bonuses and Monthly Stipends
Details from the purported agreement outline a substantial financial package for qualifying users: a one-time $20,000 signing bonus coupled with a guaranteed $30,000 monthly payment. This represents a significant departure from typical community-based reward models in DeFi.
In exchange for this compensation, users must agree to a series of binding commitments:
- Fully migrate all funds and open positions from the original platform.
- Use a fresh, previously unused wallet address as their exclusive trading wallet on the new platform.
- Publicly link their X (formerly Twitter) social account to this exclusive wallet.
- Declare on their X profile that this wallet is their sole public address for trading on the platform.
- Permanently delete and deactivate all accounts on the original competing platform.
Beyond Migration: Enforcing Real Trading Activity
The agreement ensures migrated users contribute genuine liquidity. Participants must commit to generating at least $25,000 in monthly trading volume on the new platform. For users with higher historical volume, the requirement is set at 25% of their previous monthly average. This clause filters for genuinely active traders.
This leak highlights the intense battle for liquidity in the DeFi sector. For DEXs, attracting projects is no longer enough; securing the traders who provide market depth is the new frontier. Offering fixed salaries to effectively "rent" user activity signals a shift toward more capital-intensive user acquisition strategies.
While the participating platforms have not officially confirmed the agreement's authenticity, its specific terms have sparked community debate over user loyalty, competitive ethics, and the sustainability of such growth models in decentralized finance.