Introduction
DeGate’s vision was to create a platform that is low fee, user friendly, and secure. Today, DeGate stands as a prominent L2 order book DEX, powered by ZK rollups technology, secured on Ethereum. It proudly holds recognition as one of the only two [Stage 2] protocols on L2Beat amongst over 40 projects, with all risk quadrants green. This achievement underscores our steadfast dedication to excellence and innovation in the ever-evolving landscape of DeFi. With the bullish market upon us, we seize this opportune moment to introduce two campaigns, further empowering our community and solidifying our position in the competitive DeFi industry.
Chapter 0: DG Tokens Airdrop (Social Network Offering)
First and foremost, we extend our heartfelt gratitude to our community, whose steadfast support has been the bedrock of our progress. In recognition of the pioneers of the crypto industry, the winners of the Social Network Offering who have supported us through various social media campaigns, we have decided to distribute DG tokens via an airdrop to all! Your patience has not gone unnoticed, and the time has come to fulfill our promise.
We will conduct the airdrop of DG tokens to all winners of Social Network Offering on March 8th 2024, at 13:00 UTC**.**
This marks a pivotal moment for DeGate, as users can now claim their DG tokens, a testament to our commitment to transparency and community engagement
Highlights from Social Network Offering:
- 10 million DG tokens allocated to participants who contributed to DeGate.
- A total of 20,523 participants took part in the Social Network Offering.
- 15,324 participants were eligible to purchase DG tokens.
- The first prize winner received the right to purchase 1 million DG tokens.
- Prize distribution and more info can be found here
How to claim DG token?
- Visit page link (DeGate Social Network Offering)
- Connect your wallet (Please use the wallet that was allocated the DG purchase rights).
- Connect X(Twitter) account and complete the necessary steps on X(Twitter):
→ Follow DeGate Twitter.
→ Post on DeGate Twitter. - Once completed, claim your DG tokens.
Distribution Method
The DG tokens will be sent directly to your DeGate Balance via an Internal Transfer to help users save on gas fees. Kindly visit app.degate.com to check your token balance.
Chapter 1: Liquidity Mining
But wait, there’s more! Alongside the Social Network Offering, we are excited to unveil the Liquidity Mining campaign. This campaign aims to boost liquidity on the DeGate platform and encourage active participation. With 5 mining pools available, participants will have ample opportunities to contribute and earn rewards. The campaign will run for at least ~45 days, with detailed pool rewards as outlined below. Liquidity mining campaign page: DeGate
Liquidity Mining Details
DeGate’s liquidity mining program is designed to incentivize users who contribute effective liquidity to the order book. Effective liquidity refers to grid strategy orders placed in the vicinity of the highest buying price or the lowest selling price in the order book. For calculation details on liquidity mining, visit Liquidity Mining - DeGate
Start your liquidity mining journey here → DeGate
Mining Pool Details
The liquidity mining campaign is set to run for a minimum of ~45 days in total beginning on 8 March, 2024, 13:00 UTC, and spanning across 5 different pools. Participants will get to enjoy the rewards as described below; with details regarding rewards from Day 16 onwards to be revealed at a later date.
Note: The minimum mining order amount per grid is $120
At DeGate, we remain dedicated to pushing the boundaries of defi and providing unparalleled opportunities for our community to thrive. With these, we reaffirm our commitment to excellence and invite our community to join us on this exciting journey towards a more decentralized and inclusive financial ecosystem.
Join us, and let’s turn Grid Strategies into substantial earnings together!
Disclaimer : The above investments are subject to market risks. Participants are advised to conduct thorough research and invest wisely.
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