Binance incubated project dappOS and GMX incentive activity interaction tutorial to obtain early NFTs
dappOS launches its first joint event with GMX, which should be a significant event for dappOS. As users participating in the project, what is the most important thing for us?Source: maik2hello.eth
Participating in this event will earn cash rewards and early participant NFT certificates (under normal interaction conditions, a single account can earn a few dollars in cash rewards).
dappOS launches its first joint event with GMX, which should be an important event for dappOS. What is most important for us as participating project users? The NFT is an important certificate for early participation. As for what the NFT will be used for in the future, I believe those who frequently interact will understand. dappOS itself is a very good project, currently in the early launch stage, and opportunities are present in the early phase.
The official explanation for the NFT has been provided (NFTs as exclusive rights for the dappOS project will be used for airdrop tokens or whitelist qualifications in the future). After completing the tasks, fill out the form at the end of the article, and you will be able to collect the relevant NFTs from the galaxy. Just pay attention to the official announcements.
dappOS has been selected as Binance's fifth batch of incubation projects, somewhat like a Web3 Android basic operating protocol, allowing users on the BNB chain and ETH chain to seamlessly interact with layer 2 derivative protocols on chains like Optimism, Avalanche, and Arbitrum. Everyone should understand Binance's vision; they do not invest in projects without significant potential.
Two Core Functions of dappOS
Providing intermediate infrastructure suite functions for other projects, making it easier for users to enter projects and interact smoothly (currently collaborating with GMX, Kyber, Benqi, etc.).
Account abstraction (smart wallet contract functionality) may become an important hot concept in the future (core technologies used by Argent X wallet and helmet wallet).
This event is a limited-time incentive activity jointly organized by dappOS and GMX. The activity is simple: exchange a certain amount of GLP and invite users to earn various cash rewards and early interaction NFTs.
dappOS is a Binance fifth batch incubation project, with two core functions.
1. Interaction
Log in to the dappOS dedicated event version GMX website to purchase the GLP token (this event completes all operations on the BSC chain).
https://gmx.dappos.finance/buy/glp?ref=12345
Task requirements: Purchase at least $50 worth of GLP tokens and hold them for more than 72 hours before selling to receive a $5 reward (the total reward pool is tentatively set at $6,000; if the number of participants exceeds expectations, the project team will add more rewards).
GLP belongs to a variety of token collateral types (basket currency principle), and its price generally does not fluctuate significantly, remaining relatively stable, unless there is a major market fluctuation. For example, when USDC depegged a few days ago, there was a slight fluctuation, and exchanging GLP back to the original tokens could result in significant losses.
We will purchase at least $50 worth of GLP using one of the tokens: USDC, BTC, or ETH.
If there is not enough quantity (USDC, BTC, ETH), you can purchase the relevant tokens through PancakeSwap.
https://pancakeswap.finance/swap
After completing the purchase, GLP will be in an automatic staking state, and no further action is required; you can sell it after 72 hours to complete the first task.
2. Create an Invitation Link
Create your own invitation link. For each new user you invite who completes the above task, you will receive an additional $2 reward, and the invited user will also receive a $2 reward (the total reward pool is tentatively set at $4,000; if the number of participants exceeds expectations, the project team will add more rewards).
Randomly input numbers or letters to generate your own invitation link.
Copy the invitation link and invite users to earn additional rewards.
3. Double Rewards
There will be additional double token rewards for staking, related to the total amount of staked tokens. Purchasing too many staked tokens carries a higher risk of decline, and since the APY is not high, the final rewards may not be substantial. I won't elaborate on this; those interested can learn more on their own.
By staking GLP, you will earn $AVAX rewards. dappOS will provide additional double rewards. For example, if you earn 0.1 $AVAX by staking GLP, you will receive an additional 0.2 $AVAX from the extra reward pool, with a total pool amount of $2,000.
4. Overall Leaderboard Rewards
The total prize is $8,000, distributed based on the number of new users invited, the total amount of staked tokens by new users, and the total staking rewards, resulting in an overall leaderboard score to share the $8,000 reward.
Note: After completing the above tasks, please submit your information according to the regulations at the link below: (You must complete this; otherwise, the backend review will not grant rewards after the event ends.)
https://taskon.xyz/campaign/detail/2483
The above content is for learning and research purposes related to blockchain knowledge only and is not any financial investment advice.
