According to Foresight News, BULK, a Solana-based perpetual DEX, launched its first season with USDC deposit pools now open. Users can deposit Solana USDC and withdraw funds at any time; upon BULK's mainnet launch, deposited USDC will automatically convert to account margin.
The protocol allocates 1 million AURA tokens weekly during the first season, distributed primarily to depositors and referrers. AURA distributions occur every Saturday based on users' USDC holdings multiplied by holding duration. Additionally, BULK has retroactively airdropped AURA to early ecosystem participants, including stakers, BulkSOL holders, select partner project users, and testnet participants.