Community Contest

2 min readMay 23, 2023

As we approach our mainnet launch we’re excited to reward our CherryLend community through a series of contests. This article will explore what to expect and how to get involved with our community.

Introduction

It’s been eventful week at CherryLend.

We completed our presale and CHRY was listed on Minswap. We now have over 2 million ADA Total Value Locked on the CHRY/ADA pair.

Additionally, we’ve been listed on CoinMarketCap, CoinGecko, and TapTools.

We released the first snippet of CherryLend code.

As we approach our mainnet launch, we wanted to take a moment to thank you, our community, and reward our members for the continuous support.

Starting today, community members can earn over 10,000 CHRY for participating in our community contest.

1. Infographic/Meme Contest

We are excited to release the infographic and meme contest.

Starting now, community members will have until this Saturday, May 27th, 2023 at 5PM UTC to participate in our infographic and meme contest.

To enter the contest:

Submit your graphic or meme in the #memes and #infographics channels on Discord; and
Tweet the meme/graphic and tag @Cherry_Lend on Twitter.

Starting Sunday, we’ll allow our community to vote on the best infographics and memes in our Discord channel.

Infographic Rewards

1st Place → 5,000 CHRY
2nd Place → 3,000 CHRY
3rd Place → 2,000 CHRY

Meme Rewards

1st Place → 1000 CHRY
2nd Place → 800 CHRY
3rd Place → 500 CHRY

2. Buyer Airdrops

After the infographic and meme contest this Saturday, we’ll begin the buyer airdrops.

For this airdrop we will choose 1 buyer of CHRY every day for 10 consecutive days and airdrop these addresses each 88 CHRY.

The winners will be announced on Twitter, including the wallet addresses, for full transparency.

3. Media Support Airdrops

For each tweet over these next 2 weeks, we’ll choose one community member on each post to win an additional 22 CHRY who simply likes the tweets. Each of these winners will be chosen a few hours following the tweets.

Past Airdrops

All past airdrops have been recorded internally. We’ll soon release a public spreadsheet announcing all winners of the giveaways.

The airdrops will be vested after our mainnet launch and full details will be available soon.

Co-author: Community Member $LordCyron

For more information on CherryLend:

CherryLend is an open-source and non-custodial lending protocol built on the Cardano blockchain. CherryLend strives to become a leading DeFi platform by creating a superior user experience and offering the strongest incentives.