Mega Drop
At Pawnfi, we recognize our community and users' crucial role in shaping our platform's future. Their unwavering support is invaluable, especially during the building process. Furthermore, introducing governance tokens signifies our transition towards a decentralized autonomous organization.
We're offering a reward program to express gratitude to users who continue to contribute to our protocol. Participants in this program will be eligible for governance tokens and rights, reflecting their involvement and contribution. This approach aligns with community interests and maximizes long-term value.
We're committed to providing an exceptional financial experience and incentives for our platform users. Our latest initiative, the Mega Drop event, aims to foster engagement and loyalty. This multi-wave event allows users to accumulate Mega points through trading, lending, staking, and inviting new members.
Pawnfi's management team reserves the right to make changes to the event's rules and regulations, including but not limited to amending, altering, restating, changing, or repealing them, at any time without prior notice.
Mega Drop Event Guidelines
Introduction
The Mega Drop Event is an exciting opportunity for participants to complete various missions and earn points, which can be converted into Mega Boxes containing $PAWN tokens. This event is designed to engage the community and reward users for their active participation and contributions.
No Maximum Limit on Missions
During the Mega Drop event, there is no maximum limit on the number of missions that each participant can complete. This encourages users to take on as many missions as possible, increasing their potential rewards.
Minimum Points Requirement
Points below 0.01 will not be counted towards a participant's total. For example, if an NFT is sold for 0.0001 ETH, the transaction will not earn any points. This minimum threshold ensures that only meaningful contributions are rewarded.
ETH Value and Reference Prices
The ETH value assigned to different missions is based on various reference prices, which will be communicated to participants in advance. These reference prices help to establish a fair and transparent reward system for all users.
Mega Point Conversion and Mega Boxes
Mega Points earned during the event will be converted into Mega Boxes containing $PAWN tokens. Please note that a minimum number of Mega Points must be accumulated to receive Mega Boxes. The specific conversion rate and minimum requirement will be disclosed to participants afterwards.
Participation and Eligibility
To participate in the Mega Drop Event, users must complete missions and earn points while adhering to the event's rules and guidelines. Failure to comply with these rules may result in disqualification from the event.
Prohibited Activities and Consequences
The Pawnfi team will actively monitor for any involvement in wash trading or other fraudulent activities. If any such behavior is detected, the participant's rights to participate in the event will be revoked, and they may be disqualified from receiving rewards.
Mission & Rules
| Modules | Missions | Points | Timing of points accrual | Remarks |
|---|---|---|---|---|
Flash Trade | Flash trade sell | 10 per ETH value | Transaction completed | N/A |
Flash Trade | Flash trade buy | 5 per ETH value | Transaction completed | N/A |
Leverage | Leverage NFT | 5 per ETH value | Repayment completed | Need to repay after 5 days |
Consign | Consign NFT | 5 per ETH value for Redemption 10 per ETH value for Sold |
| For consign mission eligibility, need to list more than 1,500 P-Token. Earn points from repayment after 5 days, but no day limit applies for points earned from sales. |
Lending Market | Supply NFT/P-Token/ ETH | 0.05 per ETH value | Snapshot every hour | Supply points are not awarded if you borrow the same token (with a value > 0.01 ETH) that you have supplied. |
Lending Market | Supply other tokens | 0.025 per ETH value | Snapshot every hour | Supply points are not awarded if you borrow the same token (with a value > 0.01 ETH) that you have supplied. |
Lending Market | Borrow P-Token/ ETH | 0.05 per ETH value | Snapshot every hour | N/A |
Lending Market | Borrow other tokens | 0.025 per ETH value | Snapshot every hour | N/A |
Liquidity Boosting | Commit liquidity | 75 per ETH value | When boosting starts | Points will be awarded if the liquidity boosting process is not cancelled. |
Shopping | Directly purchase NFT listed in P-Token | 5 per ETH value | Transaction completed | N/A |
Shopping | Directly purchase NFT listed in ETH/ WETH | 1.5 per ETH value | Transaction completed | For shopping mission eligibility, purchase items within the range of 0.8 to 2.5x the floor price. Please note that only selected collections are eligible for this mission - detailed list is provided in Eligibility section. |
Offer | Make offer | 1.5 per ETH value | When owner accepts the offer | For offer mission eligibility, need to make an offer within the range of 0.8 to 2.5x the floor price. Please note that only selected collections are eligible for this mission - detailed list is provided in Eligibility section. |
Offer | Accept offer | 1.5 per ETH value | When accepting the offer | For offer mission eligibility, need to accept an offer within the range of 0.8 to 2.5x the floor price. Please note that only selected collections are eligible for this mission - detailed list is provided in Eligibility section. |
Listing | List NFT | 1.5 per ETH value | Time of purchase | For listing mission eligibility, list items within the range of 0.8 to 2.5x the floor price. Please note that only selected collections are eligible for this mission - detailed list is provided in Eligibility section. |
Ape Staking | Stake NFT | 1500 per BAYC 750 per MAYC 400 per BAKC | Transaction completed | If you are using other modules in combination of Ape Staking. Ex. Leverage and then perform Ape Staking, you will still be eligible to earn mission points from both sides. Please note that stake and unstake multiple times on the same NFT will only earn you points once. |
Ape Staking | Supply $APE | 0.5 per ETH value | Snapshot every hour | It is based on the original amount you supply (do not include accrued rewards). |
Ape Staking | Borrow $APE to Stake | 0.5 per ETH value | Snapshot every hour | If you use your own $APE to perform Ape Staking, you will not be earning points from this mission. |
| Modules | Reference Price | Example |
|---|---|---|
Flash Trade | Collection Floor Price | Assuming the current floor price of BACY is 60 ETH, you will receive 300 points if you purchase a BAYC through a flash trade. Conversely, if you sell an NFT for 1,000 P-BAYC, you will receive 600 points. |
Leverage | Collection Floor Price | Assuming the floor price of BACY is 60 ETH at the time of repayment, you will receive 300 points. |
Consign | Collection Floor Price | You'll receive 300 points if the floor price of BACY is 60 ETH at the time you redeem your BAYC, or if it's 60 ETH when someone purchases your consigned NFT (regardless of whether the listing price is 1,500 or 2,500 P-BAYC). |
Lending Market | Chainlink Oracle Price | |
Liquidity Boosting | Token Price from DEX (Uniswap) | If you commit 10 ETH and 100 P-BAYC to the boosting event, and the exchange rate is 100 P-BAYC to 10 ETH when the boosting starts, you'll receive 500 points (i.e., (10+10) x 25). |
Listing, accepting offer with ETH/WETH | Sale Price | Assuming the current floor price of BACY is 60 ETH, selling a BAYC for a price between 48 and 150 ETH will earn you 72 to 225 points. However, selling an NFT outside of this range won't result in any points earned. |
Shopping, making offer with ETH/WETH | Sale Price | Assuming the current floor price of BACY is 60 ETH, buying a BAYC for a price between 48 and 150 ETH will earn you 72 to 225 points. However, purchasing an NFT outside of this range won't result in any points earned. |
Shopping with P-Token | Collection Floor Price | Assuming the current floor price of BACY is 60 ETH, you'll receive 90 points when you purchase a BAYC denoted in P-Token, regardless of whether the listing price is 1,500 or 2,500 P-BAYC. |
Ape Staking with NFT | Chainlink Oracle Price | |
Ape Staking with Borrowing $APE | Chainlink Oracle Price | |
Ape Staking with $APE | Chainlink Oracle Price |
Eligibility
Here is the list of collections eligible for the Mega Drop event. Please note that this list may be subject to change over time. However, any adjustments to the eligible collections will not impact the points earned previously.
| Collections | Eligible Missions |
|---|---|
Bored Ape Yacht Club | All |
Mutant Ape Yacht Club | All |
Bored Ape Kennel Club | All |
Azuki | All |
Wrapped Cryptopunks | All excluding Lending Market related |
CloneX | All excluding Lending Market related |
Otherside Koda | All excluding Lending Market related |
Otherside Expanded | All excluding Lending Market related |
Otherdeed for Otherside | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
Pudgy Penguin | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
Doodles | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
Moonbirds | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
Meebit | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
BEANZ Official | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
Cool Cats NFT | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
World of Women | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
CryptoPunks V1 (wrapped) | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
DeGods | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
The Captainz | Directly purchase NFT listed in ETH/ WETH; Make offer; Accept offer; List NFT |
Last updated