Arctic Launch Party

Arctic_trade
3 min readOct 12, 2022

--

We are excited to share with you about the OATs (NFTs) and Cash Reward airdrop campaign about Arctic — The Arctic Launch Party. We hope that through this event, users can start to experience the better swap function brought by the DLAMM model.

Arctic is now supporting trading with our Launch Partners NEAR/AURORA /USDC/PLY/TRI/REF/BSTN. With the innovative Discretized-Liquidity-AMM model, it could be more manageable in terms of liquidity, supporting more trading methods, such as limit order, and have over 3500x higher capital efficiency than traditional x*y=k v2 DEXs.

Guidebook:

How to swap on Arctic

How to add liquidity on Arctic

Arctic Launch Campaign

To celebrate Arctic as the eco-DEX of Aurora go live, we will distribute both Arctic Launch Campaign OATs (NFTs) and Cash Rewards into 3 categories,

  • Arctic User
  • Arctic Trader
  • Arctic Liquidity Provider

Arctic Anchor Carnival OATs(NFTs) are used to reward the core supporters of Arctic for Future Token Airdrop. The Anchor OATs consist of events OATs, such as AMA OATs and Launch Campaign OATs. The more Anchor OATs you have, the better chance you are able to claim the Final Whitelist of Arctic Token Airdrop at TGE. The Launch Campaign OATs winners will be selected according to the couple of rules below. And all participants will have the opportunity to receive the airdrop of cash reword during the launch campaign.

Campaign Period: 00:00, 14th Oct — 23:59, 28th Oct (UTC)

Arctic website: https://arctic.trade

Arctic Launch Campaign OATs claim: https://galxe.com/Arctic

Arctic User

Complete the following actions to obtain an Arctic User OAT (NFT) and unlock the cash reward airdrop.

❏ Follow Arctic official twitter, and Retweet Launch Party tweet.
❏ Join Arctic discord server.
❏ Complete any interactions with Arctic(Swap,Limit Order or Add liquidity)

🏆 Triumph

Arctic User *OAT Reward:

All users meet the above requirements are able to claim an Arctic User OAT at HERE

Arctic User *Cash Reward:

We will randomly select 100 Arctic Users and airdrop 5 $USDC

*Winner list will be published in Arctic Discord

Arctic Trader

Complete the following actions to obtain an Arctic Trader OAT (NFT) and unlock the intermediate airdrop.

❏ Use Arctic Swap function, to swap any tokens as you like and make a minimum of 100 USD equivalent in total trading volume on Arctic during the campaign.

🏆 Triumph

Arctic Trader *OAT Reward:

All users meet the above requirements are able to claim an Arctic Trader OAT at HERE

Arctic Trader *Cash Reward:

Trader Cash Reward Competition

*At the end of campaign, we will rank according to the cumulative transaction volume of wallet addresses and airdrop rewards.

*The trading volume ranking will be published on Arctic discord every 3 days.

Arctic Liquidity Provider

Complete the following actions to obtain an Arctic Liquidity Provider OAT and unlock the cash reward airdrop.

❏ Provide minimum of 200 USD equivalent liquidity in any pair for at least 5 days in a row on Arctic during the campaign.

🏆 Triumph

Arctic Liquidity Provider *OAT Reward:

All users meet the above requirements are able to claim an Arctic Liquidity Provider OAT at HERE

Arctic Liquidity Provider *Cash Reward:

We will randomly select 50 Arctic Liquidity Providers and airdrop 20 $USDC

*Winner list will be published in Arctic Discord

About Arctic

Arctic is the next-generation ecosystem-DEX on Aurora. Backed by the technical expertise of iZUMi Finance, Arctic brings DeFi innovation to Aurora in the forms of the veNFTs and DLAMM (Discretized Liquidity AMM). Through its innovative DEX design, Arctic aims to bring DAO governance, deeper on-chain liquidity, and capital efficiency to the Aurora ecosystem.

--

--