Octopus Protocol Invite Contest

Octopus Protocol
3 min readMay 3, 2021
Octopus Protocol — Discord Invite Contest

Octopus is an open protocol to create, exchange, settle, and manage synthetic assets. Built on the Binance Smart Chain (BSC) network, it allows issuance, trade, and management of decentralized derivative assets. Since the last few days, the team here at Octopus has been grinding with the development of the Octopus Protocol platform and preparing all the details for the launch event.

With the upcoming launch, we want to give the community as much of a chance as possible to participate in it and engage with our platform. We have decided to incentivize participation in our community through the ‘Octopus Protocol Invite Contest’. This would bring a unique opportunity for users to earn more by simply inviting their trading buddies.

The invite contest will result in us rewarding a guaranteed allocation during our launch event along with a chance to win a Cashback.

The rules are simple:

  1. Invite referrals
    The first step requires participants to spread the word about Octopus Protocol and our mission among their friends, families, trading buddies. Once you have informed them about our platform, invite at least 1 referral to the Octopus Protocol Discord channel.
  2. Follow our Twitter account
    In the next step, proceed to our Twitter and follow the official Twitter account of Octopus Protocol.
  3. Join our Telegram group
    After you have successfully completed the second step, proceed to Telegram and join the official Telegram chat of Octopus Protocol. You can engage with our community and ask questions to the admins in our Telegram group.
  4. Follow our announcement channel
    In this step, follow the official announcement channel of Octopus Protocol on Telegram. We will regularly post updates about the project, our token, partnerships, team, and more.
  5. Follow our Medium channel
    Next step is to follow the official Medium account of Octopus Protocol. Our Medium channel would help you gather in-depth knowledge about our protocol, engage with our team, learn about our advisors, and track the progress with detailed project updates.
  6. ReTweet the tweet about Discord Invite Contest
    To make it more interesting and help others to learn about Octopus, tweet this post from our Twitter account with $OPS ticker and tag any 3 friends.

This entire campaign has a total of six steps. In order to get a rank, one has to successfully complete all the six steps. To make it more interesting, we have developed auto-bots that will be assigning ranks to the participants according to their contribution to the invite contest.

What’s the catch?

We have allocated a total of $22,100 (183,333 $OPS tokens) for users who will participate in our invite contest. To ensure a completely fair and decentralized process, we have a bot on Discord that will give ranks to each individual participant based on his engagement.

Winners will be selected according to their rank. The first three winners will receive the guaranteed token allocation plus the Cashback as a reward for their engagement and participation in our invite contest.

The following allocation will be given to the top 3 winners:

  • 1st Rank: $2500 + $500 Cashback
  • 2nd Rank: $2000 + $250 Cashback
  • 3rd Rank: $1500 + $100 Cashback

We want to reward more participants engaging in the contest. So, we also have reserved allocations for participants based on their rank:

  • Rank 4 to 7: $800
  • Rank 8 to 10: $600
  • Rank 11 to 25: $400
  • Rank 26 to 50: $200
  • Wild Card: $100

We are super excited to welcome you and your friends to the Octopus Family. Let’s go Octopodes!

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

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