Introducing Octopus Protocol Airdrop: Round One

The last week has been buzzing with activities on several fronts at Octopus. We crossed 10K followers on our Twitter channel, and our community on Discord has expanded to more than 20K. This week, we also released new documents like one-pager and pitch-deck to give our community an in-depth understanding of different factors like our mission, which industry challenges we aim to tackle with Octopus Protocol, tokenomics details, our solutions, and more.

In addition to this, we also released two new Medium articles providing insights on the different products of Octopus Protocol and presenting a closer look at the team working behind the scenes at Octopus. For this week, we have lots of exciting announcements for our Octopodes community. Starting with the first event: The Octopus Protocol Airdrop.

Octopus Protocol Airdrop

We would like to provide a certain clarity to the Octopus Protocol Airdrop before divulging into details. Our original plans did not include any Airdrop activity for our native utility token $OPS. If you take a closer look at the tokenomics of OPS tokens, you may find that it does not include an allocation for Airdrop.

After the recent success of our Discord Invite Challenge, which was announced last week, we wanted to offer more opportunities for the community to engage with Octopus Protocol. The airdrop also provides the possibility for a more diverse community with an equal opportunity to access OPS tokens. Simultaneously, we received a massive amount of interest and inquiries about airdrop from our growing Octopodes community. Hence, after a series of discussions with our leading developers, advisors, and industry players, we are now ready with a strategy for the community to participate in the Octopus Protocol airdrop.

Airdrop Rules

The Octopus Protocol will airdrop a total of 10,000,000 xOPS tokens to the Octopus community; our Octopodes.

The entire Airdrop event will be conducted in a total of 4 rounds. A total of 1000 winners will have the unique opportunity to grab xOPS tokens. In each round, 250 winners have a chance to receive the xOPS airdrop tokens.

In Round 1, a total of 2,500,000 xOPS tokens will be airdropped. The start date for Round 1 of Octopus Protocol Airdrop is from 9th May at 2 PM UTC. The end date for the Round 1 is 12th May 2021 at 00:00 AM UTC.

The winners will be announced on our channels after the end of each round.

Please note: the winners will not receive the actual OPS tokens (Octopus Protocol native token). Instead, winners will be rewarded with xOPS tokens, which they can swap with OPS tokens. The provision for swapping will be provided after the Initial DEX Offering (IDO). The ratio for xOPS with OPS will be available post the IDO launch.

Note:

  • Click the gleam.io link provided above, register, and ensure you follow all the steps.
  • Users must follow all the official channels (mentioned in the link) for the entire duration of the airdrop to be eligible.

In the upcoming days, we have many more updates and exciting news for you. So make sure to -

Visit our Website
Join our Telegram
Follow us on Twitter
View our LitePaper
See our One-Pager
Join our Discord
View our Pitch Deck

Octopus Protocol, a robust DeFi protocol built on the BSC, allows issuance, trade, and management of decentralized derivative assets. https://octopus.exchange