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XION Launches On-Chain Gala "Prometheus Saga" Chapter: Embracing Web3 Simplicity Full-On
Source: XION
Following the successful mainnet launch, XION created nearly 1 million user accounts in its first week and officially kicked off the prelude to the "Promethean Saga." This global on-chain celebration will last for four months, aiming to commemorate the mainstream adoption of Web3. Through the launch of XION ecosystem applications and a series of innovative initiatives, this event aims to bring Web3 to global Internet users.
As the first Layer 1 blockchain designed specifically for consumer-grade Web3 applications without the need for a wallet, XION today officially launched the early access event of the "Promethean Saga." This is a four-month global on-chain festival that seeks to bring Web3 to all Internet users through a UX-first ecosystem application and related activities.
The "Promethean Saga" includes months of daily activities, covering the following key experiences:
· Daily Tasks: Daily check-ins, contribution accumulation, and increasing daily combo counts.
· Cross-chain Asset Transfers and Staking: Participants engage in one-click asset bridging, staking, and protocol-level user experience interactive features.
· Referral Program: Spread XION to the community, invite friends to experience new applications on the XION mainnet. A two-tier referral system allows you to earn Karma points from direct referrals and secondary referrals.
· Create On-chain Identity: Users can create dynamic on-chain identities to interact with the decentralized ecosystem.
· Celebrate Art and Culture on XION: Collect four pieces of art created by Syndicates, each piece incorporating XION's culture and lore.
· Experience New Applications: Explore numerous brand-new applications on the XION mainnet.
· Participate in Events and Contests: Through art, app releases, and community activities, users can experience a unique on-chain culture.
This event continues the momentum of the XION mainnet launch, which created nearly 1 million user accounts in its first week, driving the global on-chainization process.
The "Promethean Saga" offers the public an immersive experience, allowing early adopters to deeply engage in XION mainnet activities and ecosystem projects, earn "Karma" points, and participate in activities such as daily check-ins, staking, contests, art, app releases, and on-chain community with numerous users, developers, creators, and artists.
This celebration mirrors XION's development journey—from burning the original Banksy artwork and transforming it into an NFT, to bringing Web3 into the mainstream through chain abstraction technology—symbolizing the torch of humanity's pursuit of knowledge and enlightenment.
XION Founder Burnt Banksy stated:
“We believe that Web3 will permeate every industry just as the internet has over the past few decades. Through the 'Prometheus Legend,' the XION ecosystem is demonstrating how it is pioneering this future by making Web3 accessible to all.”
This unique event allowed users from around the globe to celebrate the fusion of art, technology, and community in the most user-friendly Web3 environment. Through XION's protocol-level abstraction and Meta Accounts, which allow users to manage digital assets and interact with Web3 applications in a Web2-like simple manner, this global connection has become possible.
XION has already realized its vision of wallet-less, Gas abstraction through its testnet, boasting over 4 million users and community members, as well as an ecosystem comprising over 200 apps and integrations. With new features and applications launching on the mainnet, these achievements will be fully showcased in the 'Prometheus Legend' event.
On December 5, 2024, XION became the first project to launch its mainnet after Bitcoin broke the six-digit milestone, introducing its native token XION. The token was distributed to numerous community members and supporters, and a gamified 'Double or Nothing' event saw the distribution of 100,000 tokens. The mainnet demonstrated scalability comparable to Web2, successfully handling 2,500 transactions per second on launch day, providing a robust infrastructure for large-scale global events like the 'Prometheus Legend.'
Starting today, join the early access (Exclusive APAC Partner Authorization Code: jTpx2PUJ), generate your unique referral code, and invite friends to embark on the Prometheus saga together!
About XION
XION is the first wallet-less Layer 1 blockchain built for consumer-level adoption through chain abstraction technology. Its protocol-level implementation covers abstract accounts, signatures, fees, interoperability, and more, enabling developers to build secure, intuitive, and seamless user experiences. Regardless of technical background, everyone should have equal ownership access. The project has raised over $36 million from top investors including Multicoin, Animoca, Circle, Hashkey, Arrington Capital, and Spartan.
This article is contributed and does not represent the views of BlockBeats
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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.
The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.
Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.
Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.
The trading process has been streamlined into five steps:
· Choose the trading asset
· Select long or short
· Input position size and leverage
· Confirm order details
· Confirm and open the position
The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.
Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:
· End-to-end encrypted private groups supporting up to 1024 members
· End-to-end encrypted voice communication
· One-click position sharing
· One-click trade copying
On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.
By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.
Mixin has also introduced a referral incentive system based on trading behavior:
· Users can join with an invite code
· Up to 60% of trading fees as referral rewards
· Incentive mechanism designed for long-term, sustainable earnings
This model aims to drive user-driven network expansion and organic growth.
Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:
· Separation of transaction account and asset storage
· User full control over assets
· Platform does not custody user funds
· Built-in privacy mechanisms to reduce data exposure
The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.
Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.
The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.
Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.
This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."
The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.
Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.
Its core capabilities include:
· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations
· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets
· Decentralization: achieving full user control over assets without relying on custodial intermediaries
· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication
Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.
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