Artemis D-Sequencer Campaign is Now Live!

NGADfuture
ArtemisFinance
Published in
3 min readFeb 29, 2024

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We are thrilled to announce that the Artemis D-Sequencer Tournaments now begin!

First things first! We understand the importance of fund security and want to assure you that the staked METIS in the contract is SAFE: To ensure security and stability, Artemis will stake all the METIS with the MetisL2 Foundation Node. Now let’s dive into the campaign details!

How to participate the campaign?

You can earn Art-Points by depositing METIS into Artemis Finance and receive artMETIS in return. artMETIS represents your locked position on Artemis, and holding 1 artMETIS per day will grant you 1 Art-Point.

Your daily Art-Point earnings are determined by your Art-Point Base multiplied by your Boost.

Art-Point Base is calculated based on your artMETIS holdings and the artMETIS holdings of your referrals.

To encourage the early supporters, we are providing more Art-Points as incentives during the early birds period.

Boost is acquired through participating in Artemis D-Sequencer Tournaments. You can increase your boost by meeting specific criteria in each tournament and earn more rewards.

  • Daily Total Art-Points = Art-Point Base * (1 + Art-Point Boost)
  • Art-Point Base = artMETIS amount + 20% referral’s artMETIS amount + 10% referrals’ referrals artMETIS amount
  • Art-Point Boost = ePENDLE Boost +vlEQB Boost + Guild Boost
  • Total Art-Points = Daily Total Art-Points * 2 or 1.5 by early birds * Days

Early Birds Benefits:
Secure up to 2x Art-Points by making an early deposit.

In the first week, starting from Feb 29th at 8 AM UTC +0, stakers will receive 2x Art-Points , and in the second week, stakers will receive 1.5x Art-Points.

Moreover, the Art-Points can be further boosted by tournaments!

Tournament 1. Referral Wheel

Accumulate Art-Point Base by referring members who join the tournaments and hold artMETIS.

Through the referral scheme, you can:

Add 20% of your referrals’ artMETIS holdings to your Art-Point Base

Add an additional 10% for the referrals of your referrals

Example:

Tournament 2. vlEQB and ePENDLE Run

vlEQB is the vote-locked version of Equilibria Finance’s governance token EQB and can be used for gauge voting on Equilibria. Holding vlEQB will give you a maximum boost of 1x.

Boost_vlEQB = min{[Your vlEQB/Total vlEQB(vlEQB paired with artMETIS)] / [Your artMETIS/Total artMETIS] * 1, 1}

ePENDLE is the liquid version of vePENDLE tokens and can be obtained through PENDLE conversion or swapping via DEXes. Holding ePENDLE will provide a maximum boost of 0.5x.

Boost_ePENDLE = min{[Your ePENDLE/Total ePENDLE(ePENDLE paired with artMETIS)] / [Your artMETIS/Total artMETIS] * 0.5, 0.5}

Example:

Total vlEQB paired with artMETIS: 100,000

Total ePENDLE paired with artMETIS: 10,000

Tournament 3. Guild War

Create a guild by generating a referral code and inviting members to join. Each guild will be ranked based on the total sum of the guild members’ Art-Point earnings every week. Only two tiers of referrals will be considered. Every week, the top 6 guilds will receive additional Boost. Please note that Boost_guild will be reset every week.

Join us in the Artemis D-Sequencer Tournaments to seize the opportunity for earning fantastic rewards!

Artemis

Artemis Finance is a liquid staking protocol designed exclusively for Metis Decentralised Sequencer Pools. It is also a member protocol of NGAD.

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NGADfuture
ArtemisFinance

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