Ocean Festival Update

TunaChain
2 min readMar 7, 2024

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The Ocean Festival is heating up, bringing a refreshing update to the exhilarating world of the sea. This enhancement boosts the event’s engagement, detailed as follows:

Diversified TVL Activities

The update introduces a more dynamic incentive: for every $10,000,000 added to TVL, the total reward pool will increase by 2% of the total token supply. The logic is depicted in the diagram below.

Enhanced Reward Visuals

We’ve revamped the visuals for TVL special rewards for clearer visibility. Introducing the designs for the Bit OriginStars and the Bit RadiantStars, these enhancements underscore the unique aspects of our event.

Bit OriginStars
Bit RadiantStars

In the thriving BTC layer 2 network, we welcome active participation in the early Tuna Ocean Festival TVL campaign. We are excited to welcome new Tuna partners to join the wave of Tuna Ocean development!

Join the Ocean Festival now: https://ocean.tunachain.io/

Token Supply Revision

The total token supply has been revised from 1,000,000,000 to a more symbolic 210,000,000, adding a layer of commemoration to our festival.

Tuna Chain Testnet

Through the relentless efforts of the Tuna community and our dedicated team, the Tuna Ocean has flourished, marking a significant milestone in our ability to forge our unique oceanic civilisation. Stay tuned for the groundbreaking debut of our first testnet phase!

Stay tuned for more updates…

About TUNA chain:

TunaChain marks a significant milestone as the premier EVM-compatible modular execution layer on Bitcoin, introducing three groundbreaking innovations: a Native Stablecoin, a Modular DA Layer, and Hybrid ZK-OP technology. This advancement facilitates native yield BTC assets, remarkably low gas fees, and an unparalleled environment for DApp execution on Bitcoin’s Layer 2.

Website: https://tunachain.io/

Twitter: https://twitter.com/TunaChain

Telegram: https://t.me/tunachain

Discord: https://discord.com/invite/tunachain

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