ONTO and Boba Network Are Hosting a Hold & Earn Campaign with a $14,000 WAGMI + 2,000 ONG up for Grabs!
We are excited to host a $16,000 Hold & Earn campaign with Boba Network, a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts.
We are teaming up with Boba Network for a Hold & Earn campaign with $14,000 worth of WAGMI and 2,000 ONG up for grabs!
As a layer 2 solution, Boba Network offers users a cheaper alternative to Ethereum with its lower gas fees, better transaction throughput and the ability to extend smart contract capabilities. With an ethos to put “users and developers first”, Boba Network is envisioned to be a pragmatic Layer 2 solution that provides the entryway into Ethereum for the next billion users.
Hold tokens on the Boba Network in ONTO Wallet for a chance to share a prize pool of $16,000! Don’t miss out!
To be eligible for the big prize, please follow the rules below.
Event Duration: April 12th 9:00 — April 19th 9:00 (UTC)
- Install ONTO Wallet；
- Add Boba Network wallet in ONTO Wallet;
- Hold tokens (including stablecoins) on the Boba Network in ONTO Wallet.
Breakdown of the Rewards
2,000 ONG Rewards for All Eligible Participants
A total of 2,000 ONG are to be shared out by all eligible participants.
To be eligible for the rewards, simply hold at least $10 worth of any tokens on the Boba Network in your ONTO address until the end of the activity. All eligible participants will share a total of 2,000 ONG evenly. Don’t miss out!
Hold More and Earn More
In addition, to encourage ONTO users to hold more tokens on the Boba Network, we have set up a $14,000 WAGMI prize pool for the Top 300 holders ranked by holding amount!
The top 300 holders ranked by the holding amount of any tokens (including stablecoins) on the Boba Network in their ONTO addresses will each gain about $50 worth of WAGMI.
Please note that a minimum total holding amount of $100 is required for this campaign, but you can reach this amount through multiple deposits.
How to Hold Tokens on Boba Network in Your ONTO Address
Don’t know how to hold tokens on the Boba Network in your ONTO address?
Here we have listed three ways of doing this to help you get started easily!
Method 1: Add Existing Boba Assets to ONTO
Already hold Boba assets but haven’t imported them into ONTO wallet?
Simply import the existing Boba Network single-chain wallet into the ONTO wallet to participate successfully!
- On the “Assets” page, tap on the wallet name in the top left corner to open the “Manage wallets” page
- Tap on the logo of the chain on the left of the “Manage wallets” page, then tap on the “+” button on the right
- In the pop-up window, tap on the “Import wallet” button to open the “Import Boba wallet” page
- On the “Import Boba wallet” page, choose the way of importing and tap on the “Confirm” button to import the wallet
Don’t have an ONTO wallet yet? Download ONTO now! Open a seamless Web3 experience and manage your digital assets with ONTO!
Here is a text tutorial for downloading ONTO App and Creating ONT ID Wallet.
Method 2: Use cBridge to bridge assets from other chains to Boba Network (Take USDC on BSC as an example)
- Click “Discover”
- Search for cBridge and click “Confirm” to enter the dApp
- Click “Connect Wallet”
- Select “ONTO Wallet”
- Select “BSC” — “USDC”
- Enter the amount that you need to bridge
- Click on “Approve cBridge to use your USDC”
- Click “Confirm Transfer”, enter the password and wait for completion
Method 3: Add Boba Wallet in ONTO Wallet and Receive Boba Assets
What if you have no assets on the Boba Network?
You can receive Boba assets in ONTO Wallet by following the tutorial below.
Add the Boba Network wallet
- On the “Assets” page, tap on the wallet name in the top left corner
- Tap on the “···” button by the wallet name
- Tap on “Add Wallet”
- Find the Boba Network wallet and add it
- Tap on “Confirm”, then enter the password in the pop-up window and then tap on “Confirm” to finish
Receive Boba assets (ETH is taken as an example here)
- On the “Assets” page, left swipe over the asset to open the Receive asset page.
- Or on the “Assets” page, tap on the asset. Tap on the “Receive” button to open the asset receiving page.
- Tap on “Copy” to copy the address.
There is also another option, where you can choose to bridge ETH on BSC to the Boba Network. One good thing about this option is that you can have the gas on the Boba Network since the gas on Boba is precisely ETH. Follow this tutorial to bridge.
Method 4: Withdraw tokens from Hotbit Exchange to Boba Network in your ONTO address.
- All ONTO users can participate, but each ONT ID/device is counted only once. Download ONTO now.
- Rewards will be distributed to winners’ wallets’ addresses within 2 weeks after the campaign ends.
- ONG from the ONG lottery is an OEP-4 asset; only ONT ID wallets are eligible to win ONG rewards.
- Participants must use ONTO Wallet, not the ONTO Web extension.
- ONTO Mythical NFT holders will be able to earn an extra 5 ONG bonus on top of the event rewards for this activity. ONTO Infinium NFT holders will earn a 20% extra bonus above the Boba Network event rewards, a maximum of 10 ONG each time.
- The ONTO team and the Boba Network team reserve the right to interpret the above event at their sole discretion.
About Boba Network
Boba Network is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of Ethereum. Our Ethereum Virtual Machine (EVM) equivalent Layer 2 ORU helps Ethereum smart contracts scale while delivering a delightful user experience.
Boba’s proprietary Turing hybrid compute technology enables Ethereum developers to build dApps that trigger code executed on web-scale infrastructure such as AWS Lambda, making it possible to leverage sophisticated algorithms that are far too expensive, and far too slow, or otherwise practically impossible to execute on-chain.
Boba Network aims to deliver a faster, cheaper, more seamless experience for the next billion users of Ethereum.
About ONTO Wallet
ONTO is a DID-based gateway for a seamless Web3 experience. The best all-in-one option for securely managing your identities, data, and digital assets, ONTO allows you to manage your crypto assets (including NFTs), perform cross-chain swaps, readily access a variety of dApps, and learn everything important in real time via ONTO news feed.
With ONTO Wallet, users can create an ONT ID, a decentralized digital identity that enables one-click multi-chain wallet address creation and management and fully protects their private data through an encryption algorithm. Users worldwide can download ONTO Wallet now via onto.app or their mobile app store. Desktop users can also install ONTO Web Wallet for web browsers.