Hooked Staking Program — NFT Challenge!

Join the excitement with our Hooked Staking Program — NFT Challenge! From 9th November 2023, 00:00 UTC to 8th March 2024, 00:00 UTC, immerse yourself in our event designed to educate on DeFi with the added bonus of NFT rewards!

Start now: https://stake.hooked.io/activity/welfare/index.html

Accumulate points daily and rise to the top. If you’re among the first 3,000 point-earners, you will be rewarded with a Hooked NFT Mystery Box featuring two types of NFTs with varying rarity levels!

Campaign Rules— NFT Challenge!

1. Points are accumulated on a daily basis and cumulative throughout the event’s duration, the top 3,000 individuals with the highest total accumulated points will reward a Hooked NFT Mystery Box.
2. Each wallet address is eligible to receive ONLY one NFT.
3. In appreciation of our early staking participants, we will prioritize distributing Hooked NFT Mystery Box to them. The wallet addresses qualified as Early Participants will be ineligible for attending this event. Note: Please check the detailed rules below or see the list if you meet the criteria.
4. All NFTs will be distributed uniformly after the conclusion of the event.

Hooked Ecosystem NFT — Epic NFT & Premium NFT

Point Calculation

Points should be calculated in accordance with the formula specified below:

[Note: After division, always round down to the nearest whole number by removing any decimal fractions.]

For example:

• Users who stake 360 $HOOK in fixed-term staking, the daily reward points would be 18 points.
• Users who stake 360 $HOOK in flexible staking, the daily reward points would be 6 points.

1. Point accumulation is based on the balance of $HOOK staked during the event, starting at 00:00 UTC on 9th November 2023 and concluding at 00:00 UTC on 8th March 2024.
2. Points are calculated based on the daily snapshot and are updated starting from 00:00 UTC. Please note that we will also take intermittent snapshots at undisclosed times throughout the day.
3. Wallet addresses with a staked balance under 100 $HOOK will receive a daily reward of 1 point.
4. The daily point of each wallet address is capped at 24 points. Points will be calculated on a daily basis and are cumulative. Users will receive points based on Rule 3 everyday.
5. Points from both fixed-term and flexible staking will be combined, with a maximum limit of 24 points.

The Criteria of Early Participant

We recorded the staking balances prior to November 3, 2023, 23:59 UTC. For wallet addresses engaged in staking prior to this event, the following provisions will reward for the distribution of Hooked NFT Mystery Boxes:

Note: please verify if your wallet address is included in the list.

1. To qualify as an Early Participant, one must have held a minimum balance of 100 $HOOK in a fixed-term staking or 1,000 $HOOK in a flexible staking prior to November 3, 2023, at 23:59 UTC.
2. Early Participant will receive a specific quantity of Hooked NFT Mystery Boxes based on the level of their staked assets.
3. The wallet balance of Early Participant must be maintained the same amount till the end of the event to receive the corresponding quantity of NFTs. If the staked $HOOK amount is reduced during the event, rewards will be based on the lowest amount of $HOOK staked.
4. The wallet addresses of Early Participant cannot participate in the NFT Challenge; non-qualifying wallets and new participants are all encouraged to join the challenge.
5. Early Participant who qualify for both fixed-term and flexible staking are able to receive respective NFT rewards simultaneously.
6. All NFTs will be distributed uniformly after the conclusion of the event.

In case of any dispute, Hooked Protocol reserves the right to make the final decision.

This is more than a competition; it’s our way of saying thank you for being a supporter of our staking initiative. Are you game? Get ready to stake, climb, and reward!

Hint: Heads up for exclusive surprises! We’ll be sharing hidden bonus of the event on our X and Discord. Don’t miss out on our key updates — stay engaged!