The Open League New Year Airdrop invites the users to obtain a DeFi badge, interact with DeFi protocols on TON blockchain, progressively improve their DeFi score and share the reward pool. The campaign lasts from Nov 27th 11am UTC till December 17th 11am UTC.
1. Get DeFi Badge
The first step is to obtain your DeFi Badge. This Badge is an SBT or your Soul-Bound Token that belongs to you and cannot be transferred to anyone else .
If you don’t request a Badge, your activity will not be tracked. There is no need to mint the badge on-chain - having it in the profile is enough. You can join the campaign no later than 5 days before the end of the season.
2. Use DeFi protocols
Once you have the badge, start building your DeFi Score. Provide liquidity or trade in the projects below to earn more points and improve your Score. Mind the specific target actions indicated and the number of points each action gives for the minimum required amount of liquidity or volume.
Minimum required amount for any protocol: $20. Swaps in some pools require a higher minimum amount.
Example: Get 10 points for every $20 you deposit into pools on Crouton
Select a project | What to do to receive points | Points | |
3. Monitor your DeFi Score
Your DeFi score impacts your place in the user leaderboard. Track and improve it by providing liquidity and trading in multiple projects.
4. Get rewards
At the end of the season, the minimum eligibility score will be announced and, in case your wallet is eligible, you will see your reward size in the user leaderboard. Once the results are finalised, you will receive the airdrop to your wallet.
Do at your own risk
Please note that the above-mentioned projects operate independently and are not owned, controlled, endorsed or recommended by the TON Foundation or TON Society. You should be solely responsible for your decisions and actions related to these protocols, interact with them at your own risk and recognise the potential financial risks.
Also, performing target actions in these protocols does not guarantee rewards. The final distribution of the airdrop will depend on the DeFi scores of all participating users. The maximum reward per wallet is set as $1,000 in Toncoin.