📌 Overview

💡 Introduction

The Atom Upgrade brings BuildKey V2, tackling the challange of Trustless Asset Tokenization and Unified Liquidity for illiquid assets.

Through this upgrade, Aspecta introduces a novel AMM-based, unified spot and derivatives trading system within a fully trustless framework and unleashes a next 100x growth potential for the illiquid assets market.

🔑 AMM Spot-Derivative Trading

• Trade long/short positions at pre-liquidity
• Settle with spot assets
• Hedge with no liquidation risk

🌎 Fully Permissionless

• ANY pre-market ICO/IDO allocations, airdrop, unvested equity/token shares, etc.
• ANYONE: Future spot asset holders, traders, price speculators, investors, etc.

Read more at whitepaper: Aspecta Atom Upgrade: Trustless Tokenization and Unified Liquidity for Illiquid Assets.

🔖 Compared with BuildKey V1

BuildKey V2 builds an improved trading infrastructure and thus supports more trading scenarios:

• Besides trading BuildKey as Long position, users can open Short position to sell future tokens.
• Short users can close Short positions by either:
  • Before the TGE, selling the Short keys back to the bonding curve before TGE at the current key price.
  • After the TGE, sending tokens to the Settlement contract.

🚀 How it works

The main workflow of BuildKey V2 is as follows:

• Deposit to forge BuildKey
• Trade long or short BuildKey to profit based on AMM
• Settle your position at liquidity events (TGE, Token Vesting, IPO, etc.) and receive/cost tokens, BNB or other assets
• ✅ No liquidation risk: short positions will not be forcibly liquidated due to short-term pre-market volatility. Instead, the position will be safely locked and short users can still close it by completing asset settlement at liquidity events and win profit.

🤲 Tutorial

For quick tutorial, please check:

• EN tutorial
• CN tutorial
• KN tutorial

Please note: For BuildKey launches in collaboration with external partners, the rules might not apply. Please check corresponding announcements.