Berlin, Germany, May 1st, 2024, Chainwire

The Nektar Network is excited to announce the commencement of Epoch 1 for Nektar Drops, beginning today, May 1, 2024. This new phase is dedicated to acknowledging and recording the contributions of our community members through daily Nektar Drops, which can be earned by participating in predefined activities within the Nektar ecosystem. This epoch will conclude on June 1, 2024, or when the network reaches a total value locked (TVL) of 250,000 ETH.

Participants in Epoch 1 will have the opportunity to earn Nektar Drops by engaging with several pre-launch initiatives such as Enzyme vaults, Reserve bsdETH initiatives, and Sommelier vaults.

Specifically, for each ETH deposited in these initiatives on Ethereum mainnet, members will receive 25 Nektar Drops per day. A slightly different reward structure is set for deposits on Base, where the reward will be 20 Nektar Drops per ETH per day.

Nektar Drops per day for ETH deposited:

• 25 pts/ETH deposited on Enzyme
• 25 pts/ETH deposited on Sommelier
• 20 pts/ETH deposited on Reserve
• 20 pts/ETH deposited on Beefy and Aerodrome
• 20 pts/ETH deposited on Extra Fi

The allocation of retroactive Nektar Drops has also been revised, significantly increasing the number of drops distributed to Goerli and Holesky testnet operators by over 50x. Additionally, a 10x increase has been implemented across all other participant categories to better acknowledge their activities and contributions.

Referral rewards will be introduced later during Epoch 1. This addition is pending final technical enhancements made in partnership with the Fuul team, aiming for a seamless integration into our existing reward structure.

The launch of Epoch 1 marks a significant milestone in Nektar Network’s commitment to community engagement. More information on Nektar Drops and the upcoming stages in the Pollination Campaign coming soon.

About Nektar Network

Nektar Network is a multilayered restaking network built on top of Ethereum. It consists of components that together form a comprehensive incentives system designed to democratize access to Ethereum’s trust model. For more information about Nektar Network, users can visit our website or follow on Farcaster and X.

Nektar Network is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Engaging with smart contracts can pose a security risk.

Contacts

Marketing Inquiries
Myra Tumlos
Nektar Network
myra@nektar.network
Business Inquiries
Kotler
Nektar Network
kotler@nektar.network

Auckland, New Zealand, May 1st, 2024, Chainwire

Acala Network releases a new technological roadmap displaying the necessary steps in offering multi-chain services to users.

Acala, a foundational platform within the Polkadot ecosystem, unveils the Sinai Upgrade, a significant advancement in its Acala 2.0 initiative aimed at broadening the horizons of the overall crypto financial landscape. This upgrade is set to enhance the platform’s multichain capabilities, setting a new standard for decentralized finance (DeFi) not only on Polkadot, but across any layer 1, 2 or 3 blockchain network.

Multichain Integration and Enhanced DeFi Accessibility

The cornerstone of the Sinai Upgrade is its focus on multichain integration, which facilitates seamless interactions across diverse blockchain environments. Acala dramatically simplifies the user multichain experience through the introduction of their advanced one-click multi-chain cross-stack DeFi feature. This feature leverages pioneering technologies, including XCM (Cross-Consensus Messaging) and Wormhole, to enable straightforward, efficient cross-chain transactions. Users will be able to easily engage in activities like staking, liquidity provisioning, and lending across major blockchain platforms such as Polkadot, Ethereum, Solana, and any select blockchain networks.

Empowering Communities Through Open Governance

Further enhancing its ecosystem, Acala introduces the open governance upgrade, empowering its community with direct involvement in governance decisions. This democratizes the process of ecosystem evolution, allowing users to influence treasury management, DEX listings, and more, fostering a transparent and inclusive community environment.

Security and Performance at the Forefront

The Sinai Upgrade also addresses the critical need for security in the expanding multichain landscape. The launch of Sentinel,

 along with asynchronous backing, bolsters security and increases transaction throughput, ensuring that Acala remains at the cutting edge of blockchain performance.

Strengthening the aSEED Pathway

Accompanying these technical advances, the Sinai Upgrade finalizes the aSEED pathway, facilitating a stable and equitable process for converting and redeeming aSEED tokens. This includes establishing clear redemption criteria, which promises a fair and transparent framework for remaining aSEED holders, reflecting Acala’s commitment to maintaining trust and stability within its community.

Quote from Bryan Chen, Chief Technical Officer at Acala

“The Sinai Upgrade is a testament to Acala’s dedication to enhancing the DeFi ecosystem through robust multichain solutions,” said Bryan Chen. “As a Polkadot-native platform, we are uniquely positioned to lead the charge towards a more interconnected and efficient blockchain universe.”

About Acala

Acala is a premier platform for decentralized finance within the Polkadot network, offering innovative solutions designed to integrate and enhance liquidity across a wide range of blockchain environments. Committed to innovation, security, and community empowerment, Acala leads the way in advancing blockchain technology for global users and institutions.

Contact

PMM
Travis Wilkerson
Acala Network
travis@acala.network

Tortola, BVI, May 1st, 2024, Chainwire

World of Dypians (WOD) – an immersive, revolutionary MMORPG available on Epic Games, is on an exclusive list of top-tier projects participating in BNB Chain’s Airdrop Alliance Program, chapter 2. The metaverse platform announced it offers up to 1,000,000 WOD tokens and $225,000 in Premium Subscriptions as rewards for eligible users across all its 4 campaigns, which are spread across May and June.

What is the Airdrop Alliance Program on the BNB Chain?

BNB Chain has started the Airdrop Alliance Program in collaboration with handpicked, high-profile projects to conduct airdrops for retroactive users on the BNB Smart Chain (BSC) and its parallel chain, opBNB. The program aims to connect top projects that have yet to issue tokens with the broad BNB Chain community, which has the opportunity to earn more rewards by participating in these projects’ campaigns.

The first chapter of the Airdrop Alliance Program concluded in April and saw the distribution of 6.1 billion points and 6.9 million tokens to the BNB Chain community. The organizers estimate that over 500,000 users have participated in the event so far. Moreover, their ranks are bound to grow during the second chapter, increasing the overall value of rewards.

In BNB’s announcement The BNB Chain Core Development Team stated: “The second chapter of the Airdrop Alliance has a core objective of enhancing community engagement and expressing gratitude to the BNB Chain community for their support towards BSC and opBNB. After the success of the first batch, we look forward to working with leading ecosystem projects to launch chapter 2.”

BNB Chain recently announced the start of the second chapter of its Airdrop Alliance Program with the eligibility criteria:

• Level 1: Users must migrate at least 1 BNB from the Beacon Chain to BSC using this Stake Migration tool or stake at least 1 BNB on BSC. Only a snapshot taken on May 15, 2024, at 00:00 UTC, will be considered valid.
• Level 2: Stake at least 5 BNB on BSC. Similarly, the snapshot should be May 15, 2024, at 00:00 UTC.

Participants can read more about the rules and join the BNB Chain Airdrop Alliance Program here.

The partnership between the BNB Chain and projects like World of Dypians participating in the Airdrop Alliance Program fosters active engagement within the BNB Chain community. More importantly, it helps projects build awareness and support ahead of their token generation events (TGE).

World of Dypians Campaigns within the Airdrop Alliance Program

World of Dypians is proud to be part of the 7 projects within Chapter 2 of the Airdrop Alliance Program. To this end, it designed 4 campaigns between May and June that engage users with fun and unique tasks, giving them the chance to win WOD tokens and premium subscriptions worth up to $100 each. The first campaign begins on May 1, with the last one ending on June 28.

Regarding BNB Chain retroactive users, the project will allocate 100,000 WOD Tokens for Level 1 and another 100,000 WOD Tokens for Level 2. The rewards will be distributed around the TGE event.

The eligibility rules for the 4 World of Dypians campaigns are as follows:

1.   Entry Campaign: May 1— May 15

Participants can join the campaign here, where they must complete these 2 tasks:

1. Create a game account on World of Dypians.
2. Open at least 1 in-game Daily Bonus Chest.

All participants completing these tasks will be eligible to win a share of the 100,000 WOD Tokens prize pool, and the number of winners will be unlimited.

The Daily Bonus is available on BNB Chain & opBNB. Users need to sign the transaction to open the chest on the daily bonus section in the My Account section on their WOD dashboards. The rewards will be distributed around the TGE event.

2.   Daily Game Delight: May 15 — May 29

Participants can join the campaign here, where they must complete these 2 tasks:

1. Login or create a game account on World of Dypians.
2. Open at least 5 in-game Daily Bonus Chests.

The Daily Bonus Chests allow participants to win a share of the 150,000 WOD Tokens and 500 premium subscriptions worth $100 each.

The project will organize a raffle to determine the winners, specifying that the winners of the token giveaway will not be the same as the winners of the premium subscription. The winners will be announced 15 days after the event ends, and the rewards will be distributed around the TGE event.

3.   Dypians Discovery Quest: May 29 — June 12

Participants must complete these 2 tasks:

1. Login or create a game account on World of Dypians.
2. Open at least 10 in-game Daily Bonus Chests.

Participants who complete these two tasks qualify for the 200,000 WOD Tokens and 750 premium subscriptions worth $100 each in the prize pool.

The project confirmed that 750 WOD token winners and 750 premium subscription winners will be selected through a raffle. Similar to the second campaign, the token giveaway winners will not be the same as the premium subscription winners. The winners will be announced 15 days after the event ends, and the rewards will be distributed around the TGE event.

4.   BNB Chain Game Expedition: June 12 — June 28

The last WOD campaign engages participants with 4 tasks:

1. Login or create a game account on World of Dypians.
2. Mint one BNB Chain Beta Pass NFT to gain exclusive access to the game.
3. Download World of Dypians on Epic Games.
4. Participate at least once in the BNB Chain Treasure Hunt event.

Participants completing these tasks will be eligible to win a share of the 350,000 WOD Tokens and 1,000 premium subscriptions worth $100 in each prize pool.

There will be 1,000 WOD token winners, and 1,000 premium subscription winners selected through a raffle. The winners of the token giveaway will not be the same as the winners of the premium subscription. Winners will be announced 15 days after the event ends, and the rewards will be distributed around the TGE event.

About World of Dypians

World of Dypians (WOD) is an MMORPG designed by Dypius that features advanced AI, cutting-edge graphics, and immersive gameplay. The game occurs in a virtual world that abounds in engaging quests and adventures. This AI-powered virtual universe also hosts some of the biggest brands in crypto, including the BNB Chain area. Participants in the BNB Chain Airdrop Alliance Program should visit it, especially when trying to win a share of the WOD campaign 4 rewards.

World of Dypians can be downloaded from the Epic Games Store. It is compatible with Windows OS and available as a desktop application, so users only require a PC or laptop to download and play it.

World of Dypians invites all gamers and crypto enthusiasts to join its campaigns within the BNB Chain Airdrop Alliance Program and qualify for a chance to win exciting rewards. The game’s first out of four campaigns begins on May 1, and participants can learn how to create an account here.

World of Dypians has a dedicated area where participants can join the BNB Chain Airdrop Alliance Program here.

Users can learn more about World of Dypians at these links: Website | Twitter | Discord | Telegram | GitHub | YouTube | Download on Epic Games

Contact

Gazmend Mici
gazmend.mici@dyp.finance
check@check.com