Paradex announced the launch of Money Badgers in Singapore as a new cultural and identity layer integrated into its onchain ecosystem. The project aims to structure community participation and user identity within the platform, alongside its derivatives trading infrastructure.
Money Badgers was developed by the same team behind Paradigm, an institutional derivatives platform that has processed more than $1 trillion in trading volume, and Paradex, the zero-fee, privacy-focused onchain perpetuals exchange. The initiative incorporates identity, participation, and a sense of belonging as onchain primitives, directly linked to activity within the ecosystem.
The system does not operate as a traditional NFT collection. It functions as a loyalty and identity mechanism for traders, builders, and active users. It is directly integrated into token stack, including $MONEY and $DIME. Identity assignment and associated benefits are tied to actual platform usage and ongoing participation.
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