Dear Community
We are pleased to announce that we will officially start the “Supply & Borrow To Win” event at 12:00 on June 29, 2022 (UTC). During the event, users have an opportunity to win Torchlight whitelists by completing the specified tasks.
The event details are as follows:
Event Time: 12:00 on June 29, 2022 to 12:00 on July 8, 2022 (UTC)
Event Rewards: Torches Genesis NFT Collection — Torchlight Whitelist
Event Rules: During the event, users who complete the specified tasks below will have a chance to win the corresponding Torchlight’s whitelist to mint NFTs.
Torches Finance will take snapshots every 3 days during the event, with a total of 3 snapshots. If you want to participate in the event, you must ensure that you have been at least snapshotted twice with “Supply” or “Borrow” value greater than 0. Torches Finance will use the highest amount of Total “Supply Assets + Borrow Assets” in the three snapshots as the benchmark.
Notes:
- The whitelist will be announced after the event, and you can follow Torches’ official medium for the latest news.
- Users who get the whitelist can visit Torches Finance’s official website to mint Torchlight from July 9, 2022 to July 15, 2022. Please pay attention to the aforementioned time. After this period, users will not be able to mint Torchlight.
- Torchlights vary in rarity, and users have a chance to get the rarest Torchlight after NFT reveals.
- Torches Finance reserves the right of final interpretation of this activity.
About Torchlight
Torchlight is the Genesis NFT collection of Torches Finance. Users who hold Torchlight can obtain multiple benefits, including but not limited to event passes, boosting buffs at Torches Point Mining, IDO allocation, etc. More details about Torchlight will be announced in the future.
Torchlight is divided into Normal Torchlight, Epic Torchlight, and Legendary Torchlight according to the rarity. Different rarities of NFTs have different add-on benefits. For example, Torches will start Torches Point Mining in Q3. Torchlights of different rarities have different Torches Point (TOP) mining boosting buffs, and the rarest NFT like Legendary Torchlight can boost the TOP mining rate up to 900%. Torches Point (TOP) can be exchanged for Torches Token (TOR) with a certain coefficient during the TOR token launch period. The specific details will be announced when the point mining starts.
More Activities-Torches Bug Bounty
The Torches Bug Bounty has been launched, and everyone is welcome to experience Torches Finance. Torches Finance will reward users according to the number of bugs they find during the events. Join us now!
The Torches Finance Team
2022.06.29
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