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OKX Wallet to Launch Cryptopedia Season 4

Opublikowano 18 lip 202312 min czytania

Dear OKX customers,
OKX has officially launched Cryptopedia Season 4 on July 19, 2023, at 4am (UTC). By participating in and completing interactive quests, you will have the chance to win SUI tokens and rewards from various DApps.

By participating in the first batch of DApp interactive quests on the Sui network, you will have the chance to share 370,370 SUI tokens (based on the 14-day average VWAP, with a total value of $250,000 USD). Additionally, there will be extra rewards provided by Cetus, MovEX, NAVI Protocol, Scallop, and Typus Finance.

The second batch of DApp interactive quests on the Sui network has been launched. You will have the chance to share 164,338 SUI tokens (based on the 14-day average VWAP, with a total value of $100,000 USD), and extra rewards from KriyaDEX and Bucket Protocol.

1. Rules

2nd Batch
Event period: Aug 3rd, 2023, 4am - Aug 20th, 2023, 4am (UTC)
(1) There will be a total of two DApp interactive quests set for Season 4: KriyaDEX and Bucket Protocol.
(2) Participants who complete and verify each DApp interactive quest will be eligible to enter a draw for NFT rewards. This event offers a total of 5 types of NFTs, namely Poseiden, Neptune, Triton, Aegir, and Njord. The first three types are common NFTs, while the latter two are rare NFTs.

1st Batch
Event period: July 19th, 2023, 4am - Aug 2nd, 2023, 4am (UTC)
(1) There will be a total of five DApp interactive quests set for Season 4: Cetus, MovEX, NAVI Protocol, Scallop, and Typus Finance.
(2) Participants who complete and verify each DApp interactive quest will be eligible to enter a draw for NFT rewards. This event offers a total of 5 types of NFTs, namely Poseiden, Neptune, Triton, Aegir, and Njord. The first three types are common NFTs, while the latter two are rare NFTs.
Note:
(1) Please verify the quests promptly. Quests that have been completed but not verified will not be eligible for NFT rewards.
(2) Each quest requires a minimum of 10 minutes for verification. Please avoid verifying quests near the end of the event to prevent potential failures caused by on-chain data delays.
(3) OKX reserves the right to exclude any participant from participating in this activity and/or cancel this activity without notice. Rewards are subject to participants' compliance with Terms and Conditions and are not guaranteed. Please see Terms and Conditions for further details.
(4) According to relevant laws and regulations, users from the following countries or regions (based on the current device IP information) are not allowed to participate in this event: the United States, North Korea, Crimea, Luhansk, Donetsk, Cuba, Iran, Syria, Venezuela, and all US territories such as Puerto Rico, American Samoa, Guam, Northern Mariana, and the US Virgin Islands (St. Croix, St. John and St. Thomas). Thanks for your continued support for OKX Web3 and Sui ecosystem.

2. What's Cryptopedia?

OKX Cryptopedia is a learn to earn experience by interacting with DApps. We'll launch regular events that center around different networks. In these events, we collaborate with project partners to set up different quests which offer opportunities to win rewards. OKX Cryptopedia aims to make it simpler to search, explore, and interact with DApps. Discover promising projects and use your spare time to learn and earn in Web3!

3. What Can You Gain from Participating in Cryptopedia Season 4?

2nd Batch Rewards:

  • 164,338 SUI tokens (based on the 14-day average VWAP, with a total value of $100,000 USD)
  • 50,000 Kriya tokens
  • 300,000 Bucket tokens

(1) A total of 2 DApps have been launched. We will randomly select 2,500 lucky winners from each DApp who have completed the respective DApp's interactive tasks, following the Block hash random drawing rules. These 5,000 winners will share 164,338 SUI tokens (based on the 14-day average VWAP, with a total value of $100,000 USD).
(2) Additionally, each DApp will distribute rewards among winners who have completed the respective DApp's interactive quests and hold the rare NFTs Aegir or Njord following the Block hash random drawing rules:

  • 2,500 winners will be selected to share 50,000 Kriya tokens
  • 1,000 winners will be selected to share 300,000 BKT

1st Batch Rewards:

  • 370,370 SUI tokens (based on the 14-day average VWAP, with a total value of $250,000 USD)
  • 1,000,000 CETUS tokens
  • 25,000,000 MovEX points
  • 300,000 Navi Tokens
  • 250,000 Scallop tokens
  • 666 Typus Finance NFT whitelist spots - free mint

(1) A total of 5 DApps have been launched. We will randomly select 2,500 lucky winners from each DApp who have completed the respective DApp's interactive tasks, following the Block hash random drawing rules. These 12,500 winners will share 370,370 SUI tokens (based on the 14-day average VWAP, with a total value of $250,000 USD).
(2) Additionally, each DApp will distribute rewards among winners who have completed the respective DApp's interactive quests and hold the rare NFTs Aegir or Njord following the Block hash random drawing rules:

  • 650 winners will be selected to share 1,000,000 CETUS tokens.
  • 2,500 winners will be selected to share 25,000,000 MovEX points.
  • 1,000 winners will be selected to share 300,000 Navi tokens.
  • 600 winners will be selected to share 250,000 Scallop tokens.
  • 666 winners will be selected to share a whitelist of 666 Typus Finance NFTs - free mint. After completing the minting process, each lucky winner will receive an additional 1,000 Typus tokens.
    Note: Each address is eligible to receive the reward only once.

4. How to Participate?

(1) Download the OKX App or ensure that the app version isn't lower than 6.22.0. Open the App and select Wallet from the top toggle
(2) Create a wallet or import an existing one. Then, click Discover tab at the bottom to access the Discover page, and tap Cryptopedia: Learn to Earn
(3) Tab Season 4 Sui to access the interactive page, and choose the DApp you want to interact with
(4) After completing the quest, wait for 10 minutes and then click Verify

5. Project Introduction

  • Sui is a permissionless layer 1 blockchain, which can support a wide range of application developments with unrivaled speed at a low cost.
  • Cetus is a pioneer DEX and concentrated liquidity protocol built on the Sui blockchain. The mission of Cetus is building a powerful and flexible underlying liquidity network to make trading easier for any users and assets. It focuses on delivering the best trading experience and superior liquidity efficiency to DeFi users through the process of building its concentrated liquidity protocol and a series of affiliate interoperable functional modules.
  • Scallop is the pioneering Next Generation Money Market for the Sui ecosystem, and is also one of the first DeFi protocols to receive an official grant from the Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and robust security, Scallop is dedicated to building a dynamic market that offers high-interest lending, low-fee borrowing, AMM and asset management tools on a unified platform and offering a SDK for professional traders.
  • Navi is the first Native One-Stop Liquidity Protocol on Sui. It enables users to participate as liquidity providers or borrowers within the Sui Ecosystem.
  • Typus is a real yield infrastructure built on Sui. Typus' first product is a DeFi Option Vaults that can provide investment options that allow users to determine their individual risk to reward strategies. For traders, Typus currently provides Sui/Cetus Call and Put options for users to either long or short.
  • MovEX is a community-driven organization built with the intention of providing the best trading and liquidity provision experience for users and project developers in the Sui ecosystem. The core products of MovEX are 1) a concentrated liquidity AMM + order book hybrid liquidity Decentralized Exchange (DEX); 2) Intelligent Liquidity Allocation service, which automatically adjusts liquidity to boost capital efficiency and market-making returns; 3) ILO (initial liquidity offering) service for project developers which provides customized token launch options to maximize raised funds.
  • KriyaDEX is an institutional grade DEX powered by Sui. Currently live on mainnet with an in-app bridge, a swap aggregator and a pro trading terminal with candlestick charts and on-chain limit orders.
  • Bucket Protocol is a Collateralized Debt Position (CDP) protocol within the Sui ecosystem, supporting multiple assets for collateralization, including $SUI, $BTC, $ETH and LSD, while extending stablecoin loans in $BUCK at a zero-interest rate. Its real-time liquidation mechanism ensures both security and capital efficiency, and the inbuilt flash loan services facilitate the price stability of the stablecoin $BUCK. Through a diversified yield pool and SDK, Bucket Protocol exhibits exceptional composability and scalability.

6. Terms & Conditions

  • The new or existing OKX customers who participate in Cryptopedia Season 4, complete at least one DApp interactive quest and hold at least 1 NFT from 4am on July 19th, 2023 to 4am on Aug 2nd, 2023 (UTC) will be eligible to win 370,370 SUI tokens, as well as additional rewards offered by Cetus, MovEX, NAVI Protocol, Scallop, and Typus Finance. Regarding the distribution of SUI rewards, OKX Wallet will distribute them within 14 business days after the end of the event. The amount of SUI tokens was based on the 14-day average VWAP of $0.675 taken from July 5, 2023, to July 18, 2023, which results in 370,370 SUI tokens that may be distributed as rewards for participants in Cryptopedia Season 4. For rewards provided by Cetus, MovEX, NAVI Protocol, Scallop, and Typus Finance, OKX Wallet will provide the lists of winners to each project, and the distribution process will be managed by each respective project. The specific timeline for distributing the rewards will be disclosed by the project teams. The final results of the event will be announced on the OKXWeb3 (@okxweb3) Twitter accounts.
    • The five DApp Interactive quests are:
      • Cetus: 1) Complete an exchange of an amount of at least $5 through the CETUS-SUI or CETUS-USDC trading pair on Cetus; 2) Deposit an amount of at least $5 liquidity to the CETUS-SUI or CETUS-USDC trading pair on Cetus;
      • MovEX: 1) Select SUI/USDC Pair, deposit at least 5 SUI and 5 USDC into custodial account, both in one transaction; 2) Trade more than 5 SUI (either buy SUI or sell SUI) in total;
      • NAVI Protocol: Supply at least 5 SUI in one transaction to NAVI Protocol;
      • Scallop: Supply at least 5 SUI or 5 USDC in one transaction to Scallop lending pool;
      • Typus Finance: 1) Deposit at least 5 SUI/ 5 USDC/ 10 CETUS into any vault in Typus Finance until the vault is activated; 2) Bid in any vault in Typus Finance.
  • The new or existing OKX customers who participate in Cryptopedia Season 4, complete at least one DApp interactive quest and hold at least 1 NFT from 4am on Aug 3rd, 2023 to 4am on Aug 20th, 2023 (UTC) will be eligible to win 164,338 SUI tokens, as well as additional rewards offered by KriyaDEX and Bucket Protocol. Regarding the distribution of SUI rewards, OKX Wallet will distribute them within 14 business days after the end of the event. The amount of SUI tokens was based on the 14-day average VWAP of $0.6085 taken from July 20, 2023, to August 3, 2023, which results in 164,338 SUI tokens that may be distributed as rewards for participants in Cryptopedia Season 4. For rewards provided by KriyaDEX and Bucket Protocol, OKX Wallet will provide the lists of winners to each project, and the distribution process will be managed by each respective project. The specific timeline for distributing the rewards will be disclosed by the project teams. The final results of the event will be announced on the OKXWeb3 (@okxweb3) Twitter accounts.
    • The two DApp Interactive quests are:
      • KriyaDEX: Add Liquidity of at least 5 USD in any of the Kriya Pools
      • Bucket Protocol: Create a position and stake $BUCK
  • OKX reserves its sole right to disqualify any eligible customers who may be engaged in illegal, fraudulent, suspicious or dishonest activities, or for any reason as it thinks fit.
  • OKX reserves its sole right to interpret the terms and conditions of this campaign, and it has the sole right to modify, suspend, cancel or terminate the campaign at any time for any reason without prior notice.
  • By participating in this campaign, customers agree to comply with OKX Wallet's terms of service and Privacy Notice.
  • OKX is not responsible for technical, pictorial, typographical, or editorial errors or omissions. For more information, go to www.okx.com © OKX. All rights reserved.
  • Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of rewards, are the sole responsibility of the individual reward recipient.
  • The information displayed is strictly for education and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.
  • In case of any disputes, the English version of the activity terms and conditions shall prevail.
  • The information displayed is strictly for education and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

OKX is committed to improving our products and services. For more information about Web3, blockchain, or OKX, you are welcome to visit our Help Center.

OKX Team
July 18, 2023