OKX Wallet to Launch Cryptopedia Season 7

Published on 8 Sept 20237 min read

Dear OKX customers,
OKX is pleased to announce the upcoming launch of OKX Cryptopedia Season 7 on September 8, 2023, at 4am (UTC). This event spans six months, and in addition to the MATIC rewards provided by Polygon, those who participate in and complete DApp interactive quests also have the opportunity to share in additional rewards offered by the project partners.

1. Rules

Event period: September 8th, 2023, 4am - March 8th, 2024, 4am (UTC)

This event spans a duration of 6 months, with interactive quests for different DApps introduced each month. The initial batch includes 4 DApps: Davos Protocol, Owlto Finance, QuickSwap, and Satori Finance.

  • Davos Protocol: 1) stMATIC to borrow at least 50DUSD on Davos (Polygon Network); 2) Transfer at least 50 DUSD from Polygon network to Polygon zkEVM network on Davos; 3) Deposit at least 50 DUSD and 50 USDC liquidity to Quick Swap (Polygon Zkevm network) on DUSD/USDC pair.
  • Owlto Finance: use Owlto Finance to bridge any amount of ETH, USDC or USDT from any network to the Polygon zkEVM, or bridge from the Polygon zkEVM to any other network.
  • QuickSwap: 1) Provide $500 worth or more liquidity on QuickPerps; 2) Complete at least $25 worth of leverage trading on QuickPerps.
  • Satori Finance: deposit more than $50 on Polygon zkEVM on satori.

Note:
(1) Please verify the quests promptly. Quests that have been completed but not verified will not be eligible for 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.

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 7?

Polygon reward pool: $30,000 in MATIC
Reward distribution: participate in and verify the interactive quests of Davos Protocol, QuickSwap, and Satori Finance, and maintain stake funds within the DApp until the drawing at 4am (UTC) on October 7th. Following the Block hash random drawing rules:

  • Davos Protocol: 250 users will be selected to share $5,000 worth of MATIC
  • Satori Finance: 250 users will be selected to share $5,000 worth of MATIC
  • QuickSwap: 100 users will be selected to share $20,000 worth of MATIC

Davos Protocol reward pool: Up to 0.25% of Davos tokens
Reward distribution: using the Block hash random drawing rules, select 300 users who have completed and verified the interactive quests of Davos Protocol to share the rewards equally.

Owlto Finance reward pool: $1,000 USDT + an additional $0.2 USDT for each new address that interacts with Owlto Finance

  • Base reward pool: $1,000 USDT
  • For each new address using Owlto Finance for cross-chain transactions, the bonus pool increases by $0.2 USDT.

Reward distribution: following the Block hash random drawing rules, distribute 20% of the bonus pool each week to 5 addresses that conducted cross-chain transactions during that week among participants who completed and verified the Owlto Finance interactive quests. After the event concludes, all remaining funds in the bonus pool will be distributed to 10 addresses using the Block hash random drawing rules.

QuickSwap reward pool: $1,000 in QUICK
Reward distribution: using the Block hash random drawing rules, select 50 users who have completed and verified the interactive quests of QuickSwap to share the rewards equally. Participants do not need to hold assets until the time of the drawing.

4. How to Participate?

(1) Download the OKX App or ensure that the app version isn't lower than 6.27.0. Open the App and select Wallet from the top toggle
(2) Create a wallet or import an existing one. Then, tap Discover tab at the bottom to access the Discover page, and tap Cryptopedia: Learn to Earn
(3) Tap Season 7 Polygon zkEVM 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 tap Verify

5. Project Introduction

  • Davos Protocol is a decentralized finance (DeFi) platform that provides its users with a stable asset, DAVOS, which is pegged to the value of the US dollar. One of the key features of the Davos Protocol is its ability to generate yield for its users through stable asset staking rewards.
  • Owlto Finance is a decentralized cross-rollup bridge focused on Layer 2, offering secure, fast, and cheap services.
  • QuickSwap is the leading DEX and AMM on Polygon, Polygon zkEVM, and Dogechain, allowing users to trade, LP, and farm at blazing fast speeds and near-zero gas fees.
  • Satori is a decentralized financial derivatives platform that features an “off-chain aggregation and on-chain settlement” design, combining the security and transparency of a decentralized exchange with the speed and usability of a centralized exchange.

6. Terms and Conditions

  • The new or existing OKX customers who participate in Cryptopedia Season 7, complete and verify interactive quests from 4am on September 8th, 2023 to 4am on March 8th, 2024 (UTC) will have the chance to share MATIC rewards, as well as additional rewards offered by project partners. The final results of the event will be announced on the OKXWeb3 (@okxweb3) Twitter accounts.
    • Polygon: MATIC rewards
    • Davos Protocol: Up to 0.25% of Davos tokens
    • Owlto Finance: $1,000 USDT + an additional $0.2 USDT for each new address that interacts with Owlto Finance
    • QuickSwap: $1,000 in QUICK
  • 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 event, and it has the sole right to modify, suspend, cancel or terminate the event at any time for any reason without prior notice.
  • Please note that prices of digital assets, including stablecoins, can and do fluctuate at any moment. Due to such price fluctuations, you may increase or lose value in your assets at any given moment.
  • Participants who browse the event page and participate in this promotion campaign are regarded as having read and understood the terms and conditions of the promotion campaign.
  • 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.

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
September 8, 2023