Ignition is thrilled to announce that the Sparkle campaign is now live!
https://fbtc.com/ongoing-campaign
Eligible $FBTC positions will now accrue ‘’Sparks’’. Inspired by points, Sparks will represent and track how much a user has contributed to the $FBTC ecosystem over the course of the campaign.
Sparks Rewards Structure
Users can now start earning sparks across a wide variety of protocols on Ethereum, Mantle Network, or BNB Chain. Please note that the Sparkle campaign will credit retroactive rewards to eligible users in recognition of early ecosystem contributors, starting from July 12, 2024.
If you held $FBTC positions when liquidity first went live on Ethereum network, Mantle Network, or BNB chain, Sparks will be retroactively added.
The information below will go further into detail on the basic Sparks rewards structure, on top of the special boosts mentioned above.
- Buy and hold $FBTC in wallet
1 Spark per 0.001 $FBTC daily. - (Babylon Staking) Restake $FBTC on PumpBTC, Bedrock, Solv Protocol, Pell Network
2 Sparks per 0.001 $FBTC daily. - (Liquidity Pools) Provide Liquidity into $FBTC pools on Merchant Moe, Agni Finance, DODO, Uniswap, Cleopatra
2 Sparks per 0.001 $FBTC daily.
*Sparks will be rewarded to the combined liquidity value of the pool for FBTC pairs. - (Money Markets) Deposit $FBTC on Avalon Labs, Lendle
2 Sparks per 0.001 $FBTC daily. - (Multichain) Deposit $FBTC on Fuel, Mezo
2 Sparks per 0.001 $FBTC daily.
*Borrowed $FBTC are considered negative, and hence will not accrue Sparks.
Different chain multipliers for Sparks will also apply: 2x for Mantle Network, 1x for Ethereum network, and 1x for BNB Chain. Dashboards will be provided soon to help users easily monitor how much Sparks they have accumulated.
Early adopters of the Sparkle campaign will also be rewarded with special boosts! More details will be shared tomorrow.
Notice
The Ignition team will also be working on various initiatives throughout the Sparkle campaign, including but not limited to new protocol integrations, side campaigns, and external incentives.
In addition to the Sparkle campaign, the Sparkle: $FBTC Early Adopter Quest and the Mantle x Ignition x DODO x PumpBTC Missions on Galxe are also still ongoing, with a total prize pool of 30,000 $MNT, $20,000 worth of $FBTC, and 20 million PumpBTC points.
Get Started
Our mission at Ignition is to unleash the growth potential of Bitcoin through $FBTC, our omnichain Bitcoin asset solution pegged 1:1 to $BTC. With Mantle and Antalpha Prime as our core contributors, we are primed to ignite trails on the Bitcoin ecosystem.
By launching the Sparkle campaign, we aim to encourage active participation as we continue to scale $FBTC into a one-stop gateway for high-yield options across a wide range of BTCFi and ecosystem projects, alongside the upcoming launch of Babylon — all on your Bitcoin.
Start your journey now in the growing DeFi space on Bitcoin with $FBTC, and be rewarded for doing so through the Sparkle campaign!
