Impossible Airdrop #4 Extend XYZ Genesis NFT Space — Stake & Earn

Impossible Finance
Impossible Finance
Published in
7 min readFeb 1, 2022

Campaign period: 02/02/2022–16/02/2022 12:00 PM (UTC)

Hey Bulls,

We are thrilled to announce the fourth Impossible Airdrop which is with Extend XYZ! Users will be eligible for a redemption token of Extend XYZ’s Genesis NFT Space on Solana. 16,500 redemption tokens are available through our Stake and Earn Campaign which will be held on the BSC network. Users can redeem one NFT space on Extend XYZ per redemption token for free^

Extend XYZ is the Ultimate Customizable NFT Space with multiple tools and functions where users can extend their application on-chain. NFT Space owners can perform a wide array of actions and functions on Solana and be rewarded with rent and community governance by Extend DAO. Excited to learn more about Extend XYZ? Check it out here!

Users may obtain Extend XYZ NFT Space Redemption Token in 2 ways. Details below:

  1. STAKEDROP: Participate in the StakeDrop by staking BSC IDIA via the Impossible Launchpad (Total giveaway 15,000 Extend XYZ NFT Space Redemption Token)
  2. EARNDROP: Complete tasks via Gleam to enter into a lucky draw or participate on our AMA and Pop Quiz with Extend XYZ (Total Giveaway 1,500 Extend XYZ NFT Space Redemption Token tokens)

GIVEAWAY #1: STAKEDROP

How to Participate:

  • Step 1: Connect your wallet and complete KYC here
  • Step 2: Stake IDIA tokens* in the “Extend XYZ StakeDrop” Sale Card during the subscription period — Link
  • Step 3: Redeem the Extend XYZ Genesis NFT Space Redemption Token on Extend.xyz during Public Mint

* Users will need to submit their Solana wallet address before staking ends through BSCScan to be eligible for the Airdrop. You can find how to submit your Solana address on BSCScan below.

Subscription Timeline:

  • KYC Period: Rolling ongoing basis — users can submit their information and pass KYC anytime.
  • Staking Period: 02/02/2022 12:00 PM (UTC) to 16/02/2022 12:00 PM (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. Final amount will be rounded down to integers.
  • Claiming Period: Extend XYZ NFT Space Redemption Tokens will be airdropped directly to your Solana wallet address^ on 17/02/2022 (no action required).

^ Extend XYZ NFT Space Redemption Token can be redeemed on Extend.xyz for a NFT Space. The cost per redemption is free, though a small fixed fee (~0.013 SOL) is required for each additional Space mint at once

StakeDrop Details:

  • Launchpad Token Standard Pool Reward Amount: 15,000 Extend XYZ NFT Space Redemption Token
  • Token Vesting: 100% at TGE
  • Token Distribution: Airdropped directly to your Solana wallet address
  • Total Token Supply: 40,000 Extend XYZ Genesis NFT Space Redemption Token
  • Sector: NFT
  • Supported Staking Tracks: BSC IDIA staking only
  • More details on Extend XYZ

Extend XYZ Genesis NFT Standard Pool
Stake Limit:
Users can stake a maximum of 10,000 BSC IDIA tokens to obtain allocation. The maximum Extend XYZ NFT Space Redemption Tokens 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 Extend XYZ Genesis NFT Space Redemption Token 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. Final amount will be rounded down to integers.

GIVEAWAY #2: EARNDROP CAMPAIGN

2.1) EarnDrop (Gleam) Details:

  • Gleam Period: 02/02/2022 02:00 PM UTC–16/02/2022 12:00 PM UTC
  • Total Token Reward Amount: 1,400
  • Total Winners: 1100 participants
  • Reward Per Winning Entry: 4 Spaces for 100 Winners, 1 Spaces for 1000 Winners
  • Token Distribution: Airdropped directly to your submitted Solana wallet address (no action required)

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 Telegram. 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

2.2) EarnDrop (AMA) Details:

  • AMA Period: 09/02/2022 02:00 PM UTC
  • Total Token Reward Amount: 40
  • Total Winners: 10 participants
  • Reward Per Winning Entry: 4 Extend XYZ NFT Space Redemption Token
  • Token Distribution: Airdropped directly to your submitted Solana wallet address (no action required)
  • Location: Telegram

2.3) EarnDrop (Impossible Friends Pop Quiz) Details:

  • Pop Quiz Period: 07/02/2022 12:00 PM UTC
  • Total Token Reward Amount: 60
  • Total Winners: 15 participants
  • Reward Per Winning Entry: 4 Extend XYZ NFT Space Redemption Token
  • Token Distribution: Airdropped directly to your submitted Solana wallet address (no action required)
  • Location: Impossible Friends Telegram (Learn how to join)

OTHER DETAILS

If you have further questions, we have created a few guides to help you through this process:

  • How to submit your Solana wallet address on BSC Scan SolAaddressRegistration Contract ✅

How to purchase IDIA Tokens
If users do not have IDIA tokens yet, 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

How to submit your Solana address on BSC Scan

  • Step 1: Go to the BSC Scan SolAaddressRegistration Contract here
  • Step 2: Connect your staking wallet to BSC Scan by pressing “Connect to Web3”
  • Step 3: Input your Solana wallet address in 2.registerSolAddress function under Write Contract section
  • Step 4: Confirm the transaction in your wallet

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 Extend XYZ Genesis NFT Space Redemption Token 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 Extend
Extend is the Ultimate Customizable NFT Space with multiple tools and functions where users can extend their application on-chain on Solana. Supported by Impossible Finance, Jump Crypto ad Metaplex, It aims to create inclusion for all users with its minting mechanism. Space owners can perform a wide array of actions and functions on-chain and be rewarded with rent and community governance by Extend DAO.
Website | Twitter | Discord |Telegram | Medium | Instagram

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 | Twitter | Discord | Telegram | Medium

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 Extend XYZ NFT Space Redemption tokens only
  • You must submit your Solana address before staking ends to be eligible, you will NOT receive the airdrop if you did not submit your Solana address before staking ends
  • Impossible Finance reserves the right to disqualify bots or fake users
  • 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
  • Each Solana address can only receive airdrop once
  • 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

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