ONTO and mimo protocol Are Hosting a Trading Campaign with $2,500 up for Grabs!
We are excited to host a $2,500 trading campaign with mimo protocol, a decentralized protocol with automated liquidity, built on IoTeX!
We are teaming up with mimo protocol for a trading campaign on the IoTeX Chain with $2,500 worth of IOTX and ONG up for grabs!
If you have tried other decentralized protocols like Uniswap or PancakeSwap, you will love mimo. It is super fast, super cheap and super secure! Plus, it is powered by IoTeX blockchain technology. What does this mean? It means you pay less than a penny per transaction, and your transaction is confirmed in under 5 seconds!
Try out the swap function in the mimo protocol dApp via ONTO and win a chance to share a prize pool of $2,500! Join us now!
To be eligible for the big prize, please follow the rules below.
Event Duration: April 22nd 9:00 — April 28th 9:00 (UTC)
- Install ONTO Wallet；
- Add IoTeX wallet in ONTO Wallet;
- Swap any token pairs (except IOTX/WIOTX) on the IoTeX chain in the mimo protocol dApp via ONTO.
Breakdown of the Rewards
$1,000 IOTX Rewards for Early Birds
To reward the early birds, we are giving away a total of $1,000 IOTX for the first 100 eligible participants.
To be eligible for the rewards, simply swap at least $50 of any token pairs (except IOTX/WIOTX) at one time on the IoTeX chain in the mimo protocol dApp via ONTO. The first 100 eligible participants will each gain a $10 IOTX bonus. Don’t miss this first-come, first-served opportunity!
Lucky Draw with a $500 ONG Prize Pool
Worried that you might miss this exciting event? Don’t fret! Even if you can’t be one of the first participants, there’s still a chance to get nice rewards.
Besides the 100 early birds, 50 random participants who swap at least $50 at one time on the IoTeX Chain in the mimo protocol dApp via ONTO will win $10 ONG each.
Swap More and Win More
The higher the total trading volume, the higher the bonus. We have set up a $1,000 IOTX prize pool for the Top 10 traders ranked by swapping volume. You can swap any amount of tokens at one time or in batches, and the final rankings will be based on your cumulative swapping volume. Each winner in the Top 10 will receive a different amount of IOTX tokens as a reward. See how the bonuses are divided below:
Don’t have tokens on IoTeX to participate in the campaign? Don’t worry, we’ve got you covered. You can hold the tokens on IoTeX via the following 3 methods.
Method 1: Withdraw IOTX from Binance/Huobi Exchange to your ONTO address.
Method 2: You can buy IOTX with a credit card on mimo.
Method 3: Use ioTube via ONTO to bridge assets from other chains to IoTeX.
Get started now with the video tutorial below.
- All ONTO users can participate, but each ONT ID/device is counted only once. Download ONTO now.
- Rewards will be distributed to winners’ wallet 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 mimo protocol event rewards, a maximum of 10 ONG each time.
- The ONTO team and the mimo protocol team reserve the right to interpret the above event at their sole discretion.
mimo is a decentralized protocol with automated liquidity on IoTeX blockchain. mimo.exchange is a decentralized exchange (DEX) that enables peer-to-peer trading of IOTX and XRC20 assets. Powered by the IoTeX blockchain, mimo utilizes smart contracts and automated market-making (AMM) algorithms to manage liquidity pools and connect buyers/sellers of crypto assets. Anyone can use mimo to trade and/or provide liquidity for a variety of trading pairs, including cross-chain IoTeX-Ethereum pairs like IOTX/ioBUSD.
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.