The Great Voyage: Yaka Finance Mainnet Campaign

YAKA Finance
2 min readJul 2, 2024

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Abstract

Yaka Finance is launching mainnet along a Rush campaign (commonly known as “Epoch 0”) prior to TGE, providing a unique opportunity for users to get BOOSTED rewards before $YAKA emission starts.

Campaign Initiatives

  • Social media engagement for Yaka & partners
  • Unique addresses interacting with Yaka Finance
  • TVL and transactions on Yaka Finance

Airdrop

Yaka Finance will airdrop 4% of $YAKA’s initial supply (200M) or 8M $YAKA token as reward to users who participate in the Mainnet campaign.

Additionally, 2% of $YAKA’s initial supply (or 4M in $veYAKA) will be used to incentivize top 100 liquidity providers on the Points Leaderboard.

Phase I — Socials

Users will participate in this phase via Zealy. All users who complete social tasks will share 20% of the total airdrop (1.6M $YAKA).

Phase II — On-chain

Users will participate in this phase via Yaka Finance’s Campaign page. All users who add liquidity to any whitelisted pairs (bluechip Sei assets, partner’s assets) will share 80% of the total airdrop (6.4M $YAKA).

Special Multipliers

To unite forces of the Sei ecosystem, partner projects will enjoy boost multipliers during Phase II of the campaign.

Projects with tokens

Partner projects with tokens will have their liquidity pair(s) whitelisted. Users who deposit liquidity to these specific pairs, with over $100 liquidity added, will enjoy a boost multiplier of 1.2x.

Bluechip NFT collections

Holders of Sei Bluechip NFTs will enjoy a boost multiplier of 1.1x after on-chain verification of their holding statuses. Holding multiple NFTs will not stack for boost multipliers.

Yaka Voyager NFT holders

Holders of Yaka Voyager NFTs will enjoy a boost multiplier after they stake the NFTs on Yaka Finance. Staking < 5 NFTs will enable a boost multiplier of 1.25x, while staking ≥ 5 NFTs will enable a boost multiplier of 1.5x.

Notice: Multipliers from each category can stack up, following the formula of 1*Multiplier1*Multiplier2+Multiplier3

For instance, a user qualified for the above 3 multipliers will get a multiplier of 1*1.1*1.2*1.25=1.65x.

Disclaimer

Yaka Finance does NOT guarantee the USD value of $YAKA airdrop. Participating in Yaka Finance mainnet campaign does NOT form any financial advice. Please invest with self-responsibility.

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