SafePal Wallet Holder Offering X OpenOcean

SafePal X OpenOcean

Hello SafePal Community,

Followed by the 1st TKO WHO campaign that ended last week, we are extremely excited to announce the second partner of the SafePal WHO (Wallet Holder Offering) OpenOcean

OpenOcean is the world’s first DeFi & CeFi full aggregator. OpenOcean finds the best price, no additional fees, and lowest slippage for traders on aggregated DeFi and CeFi by applying a deeply optimized intelligent routing algorithm. OpenOcean also provides users with APIs to support their specific investment strategy, and provide institutional investors with tailor-made user interfaces.

The OOE Token is the protocol governance token of OpenOcean Finance. Holders of OOE will enjoy many benefits such as having voting rights in the OpenOcean community, lower gas fees, and slippage subsidies. In the future, liquidity mining will be provided, CEX VIP membership, derivatives trading as well as lending. For more information about the $OOE Token, please feel free to visit the following link

Today we are excited to announce the launch of the WHO (Wallet Holder Offering) with OpenOcean to reward all the SafePal users, SFP holders, and soon-to-be OpenOcean holders.

Before you start:

Each SafePal Wallet Holder Offering (WHO) is different from one another because every crypto project is inherently different. For the SafePal x OpenOcean Wallet Holder Offering (WHO) campaign, there are two things that you should before joining the campaign:

1. Users need to enter the whitelist in order to participate and claim the rewards from the 800,000 OOE reward pool.

2. The participant limitation is 20,000, meaning only the first 20,000 users who are whitelisted successfully are able to participate in the campaign.

Details can be found in the following instructions. Please make sure you’ve read through the guidelines carefully. Appreciate your understandings.

How to Participate

Step 1 Get prepared for the campaign

  • – Download the latest SafePal App from here
  • – Set up the SafePal App and create a new wallet in the App.

Step 2 Become a Whitelist user (Whitelist snapshot: 1PM UTC, April 1st, 2021)

The first 20,000 wallets that are qualified with the following requirements can be whitelisted and continue to participate in the OpenOcean Trading Challenge:‌

  • The BEP20 address of the wallet is a new address to OpenOcean, which means the address has never traded on OpenOcean before
  • The wallet is either paired with a SafePal S1 Hardware Wallet, or the balance has 300 SFP.

If your wallet qualifies the requirements, please follow these steps to sign up for the whitelist:

  • 1. Open the SafePal App
  • 2. Click the DApp tab
  • 3. Open the “Wallet Holder Offering-OOE” DApp
  • 4. Select the “Whitelist” task and click “Join Now” to sign up for the whitelist

A snapshot will be executed at 1:00 PM UTC, April 1, 2021 to decide which wallets qualify with the above standards. Once your wallet passes the whitelist verification, you should be able to see the OpenOcean Trading Challenge inside the DApp.

Step 3 Spread news and join the communities to win additional shares from the tasks

Users who are verified as whitelist users and complete the OpenOcean Trading Challenge are able to win additional shares from the following social tasks:

1. Follow And Retweet
  • Step 1: Follow OpenOcean & SafePal on Twitter
  • Step 2: Retweet the official announcement of SafePal x OpenOcean WHO Airdrop along with your unique referral code. Your referral code can be found in the Wallet Holder Offering DApp within the App.
  • Step 3: Come back to the Twitter task within the Wallet Holder Offering DApp, paste your RT link into space, and click ‘Complete’
  • Step 4: Then you can earn extra 0.2 Shares of the reward pool once you finish the OOE Trading Challenge in Step 4.

Note: The Twitter account must be older than 180 days and have more than 10 followers. For detailed instructions, read the tutorial here.

2. Join The Telegram Communities
  • Step 1: Open Telegram, search for the “SFPSam_bot“, and click /Start.
  • Step 2: Follow the instructions and join the OpenOcean and SafePal community.
  • Step 3: Once joined, open the “Wallet Holder Offering-OOE” DApp in the SafePal App, enter the Telegram task
  • Step 4: Click the “Claim Now” button, then you can earn extra 0.2 Shares of the reward pool once you finish the OOE Trading Challenge in Step 4
3. Super Referral Program

The SafePal Referral Program is a great way to earn WHO airdrop tokens for free by inviting your family and friends.

After a referee enters a referral code, the referrer can earn an extra 10% reward calculated based on the tokens their referees earn from the campaign. Each referee can also earn an extra 0.2 share by completing the OOE Trading Challenge in Step 4.

For more detailed instructions, read the tutorial from here.

Step 4 Complete The OpenOcean Trading Challenge

This is an OpenOcean exclusive task for the registered whitelist users from the SafePal x OpenOcean Wallet Holder Offering Campaign. Requirements are as followed:

  • Users need to use the Whitelist wallet account to complete 4 valid trades using the OpenOcean DApp within the SafePal App
  • The total transaction volume of the 4 orders must be above 100 USDT
  • Among the 4 valid trades, at least one of the buy-in token must be SFP
  • WBNB/BNB token pair related transactions are NOT counted

A detailed tutorial can be found here.

If you encounter any issues surrounding the OpenOcean Trading Challenge, please reach out to the OpenOcean Team at:

Campaign Timeline

  1. Users need to sign up for the Whitelist within the SafePal App before the snapshot at 1PM UTC, April 1, 2021.
  2. After the snapshot, whitelist users are able to participate in the OpenOcean Trading Challenge.
  3. The OpenOcean Tasks including the Trading Challenge will all end by 1PM UTC, April 3, 2021.
  4. Calculation of the results will be announced and the tokens will be credited to qualified participants’ accounts at OOE token issuance day.
  5. The OOE tokens will be sent to qualified participants’ BSC addresses by the OpenOcean team after OOE is listed (no confirmed date yet)

By the time the campaign ends on April 3, 2021, all participants who have successfully finished the OpenOcean Trading Challenge will share the OOE Token reward pool.

The reward token amount each participant receives is calculated based on how many participants are sharing the pool and how many tasks the participants complete. The calculation formula is as follows:

Each Participant’s SFP Reward = [ 800,000 OOE Tokens/ Number Of Total Tasks Completed ] * Number Of Tasks Completed By Each Participant

FAQ

What is Wallet Holder Offering (WHO)? Why should I participate?

Everything about the SafePal Wallet Holder Offering (WHO) can be learned from our previous announcement.

How will the OOE Tokens be distributed?

The actual distribution of the OOE rewards will be transferred by the OpenOcean team by the time of OOE listing. There is no confirmed date for the OOE listing event yet.

I have finished a trading challenge, why hasn’t my reward balance changed?

The Trading Challenge will end on April 3rd. Afterward, the team will then be able to collect the statistics and calculate the airdrop rewards for all participants. This might take a few days, hence the rewards for the qualified participants will be credited to users’ accounts on OOE token issuance day. Then you will be able to view the credited token results in the “Wallet Holder Offering-OOE” DApp interface.

Please note that the actual OOE rewards will be distributed by OpenOcean to your wallet after OOE is listed.

How many reward tokens does one share equal to in the Holding Challenges?

The reward token amount each participant receives is calculated based on how many participants are sharing the pool and how many tasks the participants complete. The calculation formula is as follows:

Each Participant’s Reward Token = [800,000 OOE / Number Of Total Tasks Completed ] * Number Of Tasks Completed By Each Participant

Disclaimer

Risk Warning

Cryptocurrency investment is subject to high market risk. Please invest cautiously. SafePal will not be responsible for your investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities. SafePal will make the best efforts to select high-quality partners for WHO, but will not be responsible for your investment losses. Thanks for your support!

SafePal reserves the right to disqualify all suspected participants that are botting, front running, or exploiting the Wallet Holder Offering (WHO) mechanism without appeal. Investors also should be mindful that what has been described above surrounding Wallet Holder Offering (WHO) does not represent financial advice. 

Not Investment Advice

This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Non Endorsement

The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal. Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.