Bullet (formerly Zeta Markets) — Perp DEX Points Farming
Project Type: Solana-based Perpetual DEX
Potential Reward: Bullet Points / Future Token Drop
Quick Info
- Funding/VCs: $13.5M from Electric Capital, DACM, AirTree Ventures, and Selini Capital
- Deadline (UTC+0): Mid-August 2024 [Targeting a 2-3 week farming window]
- Cost: Requires initial balance for trading volume; higher turnover increases reward share
⚠️ Critical Notes
- Low Competition Alpha: The project is currently in its early stage enough that user count or 'crowd' size is minimal compared to other Perps (~1,000 users reported). This allows any amount of way generated ownmto represent a significantly larger percentage share of the total pool than if you joined at 50,000+ users.
- Retrospective Accounting: Current activity within the ecosystem will be accounted for retrospectively once the official points program fully launches properly. Do not skip this phase as your current actions build your future baseline.
⚡ Strategy & Lifehacks
- The Multiplier Hack: To maximize Bullet Points efficiency, hold tokens ($ZEX) inside the internal exchange wallet rather than just keeping them in an external Solana wallet/external hot wallet. Doing so applies a multiplier to your point accumulation rate.
- Volume Optimization (Alpha): Because competition is low right now, there is no need to chase massive numbers like $1M +$ immediately unless looking for top-tier placement으로; even moderate volumes such as $2k turnover can secure a meaningful position before certain crowd density increases.
- Risk Management: Ensure sufficient balance exists prior to starting trade loops to prevent premature depletion during high or low volatility periods while building meantime volume targets.
Action Steps
- Setup and Connection
- Visit the project website via app.bullet.xyz(ref BITOCHEK / SOLYANKA).
- Connect a compatible Solana wallet.
- Capital Provisioning
- Deposit funds into your account ready enoughto perform trading cycles. Pro-tip: If you intend to use any multipliers mentioned above, ensure part of this capital remains held within the platform's internal vault if applicable ($ZEX holding strategy).
- Execution & Volume Farming
- Begin executing trades (Long/Short) specifically aimed at increasing total traded volume.
- Target an aim/threshold [e.g., minimum $2000 cumulative turnover] to establish presence in the early user pool.
- Monitor activity levels; earlier participation is prioritized due to current lack of crowd density.
! DYOR (Do Your Own Research)
