Impossible Airdrop #1: Popcorn — Stake & Earn

Updated on 2022/01/08

Campaign period: 2021/11/19–2021/12/01

Dearest Bulls,

We are excited to announce our first Impossible Airdrop. Users will be eligible for a free Popcorn (xPOP) giveaway, worth 325,000 xPOP tokens, through a Stake and Earn Campaign. To learn more about Popcorn, check out their website.

NOTE: 1 xPOP will be bridgeable to 1 POP no earlier than December 1st, 2021, once the token goes live. More details will be shared once available. By then, we will also share appropriate bridge integrations to other chains such as ETH, Polygon, and Arbitrum.

Users may obtain xPOP in 2 ways. Details below:

1. STAKEDROP: Participate in the Popcorn StakeDrop by staking IDIA via the Impossible Launchpad (Total giveaway 300,000 xPOP tokens)
2. EARNDROP: Complete tasks via Gleam to enter into a lucky draw (Total Giveaway 25,000 xPop tokens — 50 xPOP tokens / winner, total of 500 winners)

Giveaway #1: StakeDrop Campaign

How to participate:

• Step 1: Connect your BSC wallet and complete KYC here
• Step 2: Stake IDIA tokens in the “Popcorn [StakeDrop]” Sale Card during the subscription period — Link

Subscription Timeline:

• KYC Period: Rolling ongoing basis — users can submit their information and pass KYC anytime.
• Staking Period: 2021/11/19 05:00 AM (UTC) to ~2021/12/01 05:00 AM (UTC)*. After completing KYC, stake IDIA into Impossible’s Launchpad staking contract, which will record users’ staked IDIA balances. A user’s IDIA balance will be captured on-chain, and airdrop allocation is calculated based on the amount staked and the length of time staked relative to all participating users.
• Claiming Period: No earlier than 2022/01/08 TBC (UTC)*. xPOP tokens will be airdropped to users’ wallets.

*Due to variability in block times across multiple chains and to coordinate initial token listings, exact timings are subject to change.

StakeDrop Details:

• Token Ticker: xPOP
• Launchpad Token Standard Pool Reward Amount: 300,000 xPOP (0.3% of Total Token Supply)
• Token Vesting
  - 2021/01/08–50% airdropped on day 1
  - 2022/07/08–50% airdropped 6 months after launch
• Token Distribution: Airdropped directly to your wallet (no action required)
• Token StakeDrop Price: FREE
• Sector: Impossible Finance — Social Impact Track
• Supported Staking Tracks: IDIA staking only
• Total Token Supply: 100,000,000 POP
• Minimum Initial Balancer LBP Launch Price (Popcorn’s official launch): 1.00 USD
• More details on Popcorn’s Tokenomics

xPOP Standard Pool:

• Stake Limit: Users can stake a maximum of 50,000 IDIA tokens to obtain allocation. The maximum xPOP a user is able to claim is capped at the user’s allocation which is calculated after the staking period.

Token Allocation Calculation:

• The StakeDrop for Popcorn will follow the standard Impossible Launchpad staking subscription format whereby users’ stakeWeight is calculated based on the proportional amount of IDIA they stake and the duration they stake relative to the total amount and staking duration of the entire pool, with users’ staked IDIA balances recorded at the start of the stake period.

Giveaway #2: Earndrop Campaign

All gleam entries will be entered into a lucky draw where winners will be randomly selected at the end of the campaign and notified via Twitter and email. Participants can increase their chance of winning by completing more tasks. Each task is worth a number of gleam entries. The more entries you have, the greater the chance of winning!

How to participate:

• Step 1: Register via this Gleam link
• Step 2: Complete as many tasks as possible to earn entries

EarnDrop (Gleam) Details:

• Gleam Period: 2021/11/21–2021/11/29 10:00 AM UTC
• Total Token Reward Amount: 25,000 xPOP (0.025% of Total Token Supply)
• Total Winners: 500 participants
• Reward Per Winning Entry: 50 xPOP
• Token Distribution: Airdropped directly to your submitted BSC wallet address (no action required)

Other Details

Popcorn’s Upcoming Copper Launch:
Popcorn will also feature a Balancer LBP powered by the Copper launch platform. For more details, please visit Popcorn’s official launch page.

How to purchase IDIA Tokens:
If you do not have IDIA tokens yet for the Popcorn StakeDrop campaign, you can purchase it via the below venues:

1. Impossible Swap (Swap Guide)
2. PancakeSwap
3. OpenSwap (Optimal way to find the best on-chain swap options)
4. MXC
5. Poloniex

KYC Details:
KYC Preparation Period: Rolling ongoing basis. We require 100 IDIA or 25 IF tokens to start KYC to prevent bots from spamming our KYC service provider. Users can KYC anytime during the entire campaign period, but will not be able to stake or receive xPOP until their KYC is completed. To maximize the staking utility of users’ IDIA, users have to pass KYC before the staking period begins. In other words:

• If users pass KYC after the end of the staking period, they will miss the opportunity to participate
• If users pass KYC during staking period, they will only be able to stake for the remaining staking period and receive a lesser allocation than if they were to start staking from the beginning of the staking period
• KYC requirements: Residents from countries or regions such as US, Mainland China, and sanctioned countries are excluded from participating.

About Popcorn
Popcorn is where financial wellbeing and positive global impact collide. It’s a revolutionary shift in global systems through accessible DeFi products that not only generate lucrative returns on your crypto assets but simultaneously contribute to nonprofits and social impact organizations. By virtue of using Popcorn, you are doing good.

In the next months, the roadmap offers multi-chain curated pools of strategies and DeFi products (on Ethereum, Arbitrum, Polygon, Fantom, Avalanche, Solana). These products generate high yield while also funding community selected social impact and non-profit organizations without any extra costs to the end user.

Achieved milestones and upcoming roadmap:

• Raised $4.6M from The LAO, Impossible Finance, New Form Capital, Kenetic Capital, Cakebox Capital, The Crypto Founders Network, Big Brain Holdings, Hestia Holdings, Amino Capital and angels from MakerDAO, IBM, NASA, Google and Deloitte to name a few.
• Popcorn has integrated with Patch, an API-first platform for carbon removal that enables businesses to neutralize their carbon emissions through high quality, high impact carbon removal projects.
• Popcorn will initially deploy on Mainnet, Polygon, and Arbitrum, with plans in the near future to deploy on Fantom Opera, Avalanche, Binance Smart Chain, and Solana. Popcorn will legitimately be a multi-chain yield optimizer for doing good.
• Popcorn will introduce a social impact stable coin, the first of its kind, where just by holding it you are creating impact. How? The stablecoin itself will be created from an overcollateralized loan and repayment process facilitated via smart contracts on Popcorn allowing users to borrow against their deposits to generate the Popcorn stablecoin. The infrastructure allows users to extract value and redirect to non-profits and social impact organizations. The best part is you can deposit that stablecoin into Popcorn’s DeFi staking and asset strategy products to generate yield and create even more impact.

What is POP?
POP is the native token of the Popcorn ecosystem. 100 million POP (Popcorn Token) will be issued and token holders will have rights for governance voting. Token holders of POP are able to participate in DAO governance by locking their tokens to gain voting power. Furthermore, the tokens come with various forms of utility in the future. Impossible airdrop participants will receive xPOP, which will be bridgeable 1:1 to POP tokens on other chains, with more details upcoming.

Members of the PopcornDAO, or POP token holders, are stewards of Popcorn and share the common long-term goal of fueling the growth of the protocol, decentralizing the organization, and nurturing the mission of driving social impact for the public benefit in perpetuity.

Website | Medium | Twitter | Discord | Telegram

About Impossible Finance
Impossible Finance is a multi-chain incubator, launchpad, and swap platform led by Ex-Binance & DeFi veterans. It offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences. With extensive support from key leaders in the crypto industry, Impossible Finance simplifies DeFi for users to enjoy fairer investing, cheaper trading and better yields.

Website | Whitepaper | Medium | Twitter | Telegram | Github | Support | Audit | Video

Terms & Conditions:

• DISCLAIMERS, TERMS, and RISKS
• Use a self-custodied (Metamask, etc.) BSC wallet address that has been KYCed on the Impossible Launchpad. Do NOT use an exchange wallet to participate
• This airdrop is for xPOP tokens only
• Impossible Finance reserves the right to disqualify bots or fake users prior to a randomized drawing of eligible users participating in the Gleam Campaign airdrop
• Impossible Finance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice
• This campaign is open internationally, but restrictions due to compliance regulations for different jurisdictions apply. Residents from the United States, China and sanctioned countries are not permitted to join this contest. The team is not responsible for any legal repercussions incurred due to non-compliance of participants. Please consult the respective laws governing your region for the most accurate information
• Risk Warning: Trading and/or generally investing in any cryptocurrency involve significant risks and can result in the complete loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before investing, please consider your level of experience, objectives, and risk tolerance, and seek independent financial and legal advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Impossible Finance based on the legal and regulatory requirements of your country of residence and/or applicable jurisdiction(s)
• Full disclaimers and legal notices: Please access this link for the legal and compliance notices applicable to this document, its content, and the relevant risks