Recoin to Earn, win GalaxyOAT and share 5 million $ARC in Airdrop Bounties

Arc Finance
3 min readAug 16, 2022

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Dear Arcians,

To celebrate the completion of another major milestone reached by Arc Finance, Powered by Project Galaxy, we are airdropping 5 million $ARC in bounties to all users of our community!

Activity Time:

Start from 12PM (UTC) August 16, 2022

What are the rewards?

Benefits of holding the GalaxyOAT:

  • Share the 5 million $ARC tokens airdrop bounties
  • Get the whitelist for participation in $ARC IDO

How to participate?

After users complete the entire Recoin interaction in ArcFinanceDEX, the platform will take a snapshot of your address. Users will receive a special GalaxyOAT badge on Project Galaxy for free. When the $ARC tokens are issued, users with the GalaxyOAT badge will be eligible to receive airdrop bounties.

Below is a full tutorial for interacting with the Recoin.

We will use $GAL coin as the guide.

Step 1. Go to the Recoin page and mint your GAL into rGAL

Click the arrow.

Click “Approve” and “Mint” button to mint your GAL into rGAL.

Step 2: Create BNB-USDT LP or rGAL-USDT LP under “Add Liquidity”

Step 3. Stake the BNB-USDT or rGAL-USDT LP and rGAL in the Recoin pool

Click the “Unlock” button

3a. If you create the rGAL-USDT LP, click the “+” button below the “Amplifier Amount” to stake your rGAL-USDT LP, and then click the “+” button to stake your rGAL.

3b. If you create the BNB-USDT LP, click the “+” button below the “Amplifier Amount” to stake your BNB-USDT LP, and then click the “+” button to stake your rGAL.

Step 4: Harvest your unlocked r-token and sell it at a premium in the AUM function.

If you want a more detailed version, please visit ArcFinance’s Recoin tutorial below. AUM lovers are especially welcomed to earn benefits in Recoin.

Tutorial: Arc Finance r-token Arbitrage

Notes

  • Arc Finance will snapshot the addresses of users who complete all Recoin interaction tasks on every Friday 4PM(UTC)and add them to GalaxyOAT Credentials every Monday at 12PM (UTC).
  • Arc Finance will award airdrop rewards based on the amount of LP staked by the user, the time of day, and the weighting of the trading amount.
  • Arc Finance will distribute the airdrop to addresses holding the GalaxyOAT badge when the $ARC token is issued.
  • Arc Finance reserves the right of final interpretation of the campaign.

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Arc Finance

A DeFi derivatives platform that provides liquid derivatives transactions for individuals and institutions.