Airdrop
Private Pools Network will be allocating 2.5% of the total supply to a community airdrop to market our product & attract sticky liquidity
Last updated
Private Pools Network will be allocating 2.5% of the total supply to a community airdrop to market our product & attract sticky liquidity
Last updated
Our airdrop is designed to educate, incentivise and onboard our community. The process to which our airdrop is conducted will be broken down into 2 main phases, with each phase designed to familiarise our community with our ecosystem and prime them for eventual liquidity onboarding with our network. These phases are as follows:
Community Odyssey Event - Designed to educate and saturate brand development
Liquidity Odyssey Event - Designed to transition our community to liquidity providers
Airdrop points will be farmed over these three phases with points eventually being redemed for $PPN tokens.
As has become the "airdrop standard" as of late, Private Pools Network has opted to utilize a points farming system as a preliminary means of acquiring the right to claim the PPN token at the conclusion of our Liquidity Odyssey Event.
To prevent any "gaming" of our airdrop, logic for how points are allocated will remain private however the earlier you are, the larger allocation you can accumulate.
The Community Odyssey Event is the first phase in our airdrop rewards process. Early adopters who participate in our Galxe quests and Mini Application. Tasks, quests and engagement mechanisms will be leveraged to incentivise community engagement and widen our brands reach during this phase.
The purpose of this phase is to increase the intensity of our push to educate the wider market on four main aspects of our product
The problem we are solving - Impermanent loss and exposure to Toxic Order Flow
The opportunity - The side of the arbitrage market and helping users understand that the value we extract from this market opportunity, represents the annualised loss realized by all conventional AMM LP's each and every year
The Solution - Educating users about the metrics to which our network harnesses to establish our Private Order Flow business model.
Priming users for LOE - Walk throughs and how to articles will feature heavily in the community odyssey phase. This aims to familiarise users on how to interact with our ecosystem to maximise the unitary value of their crypto holdings. This aims to cultivate a smooth transition into the Liquidity Odyssey Event.
The ability to earn points during this phase will be split between Galxe quests & task management through our Telegram mini app.
Galxe Each piece of educational content we release during our community odyssey event will come with quests attached. These quests will range from sharing our social media posts, completing quizzes, & participating in educational content we push during this phase of the air drop process. Each quest will be allocated a set amount of points based on the quests importance and difficulty. The more quests you complete, the more points you earn to go towards your airdrop claim.
Telegram Mini App
Our mini application is an engagement hub attached to our Telegram community, it will be used to engage, incentivise and educate users about our project. As community members are onboarded to our telegram channel, they will be instructed to interact with our mini application as a means of driving community engagement & sharing our product with peer groups, whilst earning airdrop points for completing quests and sharing our project with peers.
The Liquidity Odyssey Event is the final destination for our airdrop questers. This phase involves priming users to interact with our UI and educating them on how interacting with our system works. This involves a variety of "how to" articles and explainer videos so our growing community are primed to use our system once our Liquidity Odyssey Event goes live.
Participating in the liquidity odyssey event is MANDATORY to receive the airdrop, with majority of the airdrop allocation being dedicated to this phase in the airdrop initiative.
The liquidity Odyssey event has one way to earn points, by providing liquidity to our Indexes once the network is live. Following this, for a duration of 3 months, users will farm points as well as receive Real Yield from the indexes they deploy liquidity into.
Points for this phase will be allocated base on the following metrics with snapshots of each wallets liquidity size & time, taken at random. 1. Size of the users liquidity position in comparrison with all other users 2.Time at which liquidity is retained in our ecosystem by each user 3. Reductions or additions to liquidity over the Liquidity Odyssey Event
Removing liquidity during this time, will see your points allocations diluted by others who retain their position or add more liquidity to their position during the duration of the Liquidity Odyssey Event.
At the end of the the 3 month Liquidity Odyssey Event our $PPN TGE will occur and tokens will be available to buy / sell on the open market. A claim page will be offered to users who have participated in each phase of our air drop initiative where points are redeemed for tokens. From here air drop participants have 3 options.
Stake the PPN token in our network vault to receive 10% of every single Indexes Yield
Pair the PPN token in one of our ecosystem Indexes, arbitraging and extracting yield from those who opt to sell their PPN tokens
Sell the PPN token allowing those who chose option #2 to arbitrage the volatility you create in the process
As the Liquidity Odyssey Event concludes, farming of points will switch over to farming of the PPN token. Those who keep their liquidity in our Indexes after the TGE will receive additional APR by virtue of $PPN incentive emissions.
