BitWell WELL Pool will launch dYdX (DYDX) on September 17, details are as follows:
Event time: Sep 17 10:00AM UTC – Sep 30 10:00AM UTC
Click the “WELL Pool” button at the top of the BitWell website to access it.
On APP home page, click ‘WELL Pool’ in the middle to enter.
- WELL may be saved at any time from the opening of the WELL Pool, up to a maximum of 100 WELL per deposit, and may not be withdrawn earlier than the end of the campaign.
- The system will automatically redeem 100% of the WELL saved for you at the end of the campaign.
- No rewards will be calculated for inputs made within the last 24 hours of the closing time.
- At the end of the campaign, the system will automatically calculate the coin days saved by the user during the campaign period (one coin day saved= amount of coins saved* number of coin days saved).
- The final reward received by the user = prize pool * days of WELL coins saved by the user / the sum of days of WELL coins saved by all users on the platform.
- The reward tokens will be issued to your spot account within 24 hours after the end of the campaign.
Community heat: 30,000
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol (“the protocol”). By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.
Staking pools are designed to promote liquidity and safety on the Protocol. Rewards programs for trading, liquidity providing, and past usage of dYdX will help drive growth and adoption of dYdX.
Official website address: https://dydx.community/
Contract address: 0x92d6c1e31e14520e676a687f0a93788b716beff5 （ERC20）
Click to view: dYdX (DYDX) Project Analysis
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