DEA and Moonpot partnership! Play with DEP, win the prize!

Taishi Sato

Published in

PlayMining

6 min readDec 2, 2021

・Opening new DEP/BNB LP Pots, Moonpot!

This article will explain the detail of the partnership with Moonpot and how to get incentive rewards from Moonpot.

Overview:

I. What is Moonpot?

II. How can I bridge DEP from Ethereum Mainnet to BSC?

III. Details of this partnership and campaigns

IV. Reasons for launching on BSC and advance notice of pre-sales of our NFTs in BSC

V. Let’s provide liquidity and earn DEP!

VI. Important notes

VII. Our partners

I. What is Moonpot?

Moonpot is a win-win savings game on Binance Smart Chain powered by Beefy Finance.

Depositing crypto into Moonpots will automatically let users gain interest each day. You are also automatically entered into a weekly prize draw at the same time. Everyone in each pot is in with a chance of winning big-money Moonpot prizes paid out in crypto.

Do note that there is a 10-day Fairplay Timelock on your deposit, or payment of a 2.5% Fairness Fee (or less) if you would like to exit early. Winnings are also subject to the Fairplay Timelock with a Fairness Fee of a maximum of 5%.

There’s nothing better than a deposit that always gets bigger while also giving you the chance to win big-money prizes. It’s a win-win. (Cited from the Docs of Moonpot: https://docs.moonpot.com/)

We are happy to announce that DEP and Moonpot made a strategic partnership. We believe that through this collaboration that we can provide further benefits to both communities and positively grow both projects.

We are also discussing NFT Pots with the team. Looking forward to our updates!

II. How can I bridge DEP from Ethereum Mainnet to BSC?

To join the incentive program, you must have BEP20 $DEP in your Metamask. To bridge ERC20 $DEP to BEP20 $DEP, please visit multichain xyz. If you have DEP in your MetaMask or other trust wallets, you will be able to see the images below. When you press the “Transfer” button, your bridging procedure will be completed in a few minutes. One thing to note is that when you transfer the DEP from Ethereum Mainnet to BSC, you will have to pay for gas fees as this is an open-source blockchain service.

After the bridge has been completed, you can find BEP-20 DEP on your MetaMask or any other supported wallet services. Please note that you will have to change your network from Ethereum Mainnet to BSC to view your BEP-20 DEP tokens.

In addition, when you visit Anyswap official site on the BSC network, you can also find DEP on BSC with BEP-20.

After completing the bridge to BSC, your BEP-20 DEP will be available on BSC. That’s why DEA and Anyswap made a strategic partnership.

For more details, please see How to bridge DEP from Ethereum Mainnet to Binance Smart Chain

III. Details of this partnership and campaigns

Once you have both sides of the token, BEP-20 DEP and BNB, now is the time to join the Pots!

Once you deposit your DEP-BNB LP tokens in our existing great partner, Beefy Finance DEP-BNB LP vault, Beefy auto-compounds the DEP-BNB LP rewards.

All of the DEP-BNB LP earned in the Beefy vault goes to Moonpot players. Half is used to give you interest. The other half is used for Prize Draws and Governance Pot rewards.

If you do not hold DEP/BNB LP at Apeswap, you can stake DEP, BNB or WBNB too. With the click of a button, you’ll be in the Moonpot without needing to enter the LP yourself. Moonpots lets you create LP tokens and make deposit with only one transaction. Half of your tokens will be sold to balance the liquidity pair after which liquidity will be provided and LP tokens deposited into DEP-BNB LP POT.

<Pots>

Stake $DEP/$BNB LP token to win the prize

Starts: 1st December 2021

50% paid to Cadets as interest

40% is put into the DEP-BNB LP prize draw

5% is sent to Ziggy’s Pot interest (sold for POTS and paid out to Cadets who’ve staked POTS)

3% is sent to Ziggy’s Pot for Ziggy’s bi-weekly Prize Draw (sold for BUSD and paid out to Cadets who’ve won draw)

2% is sent to the Moonpot Treasury

<Fairplay Timelock Rules>

The prizes come from the interest generated by all the Moonpot players, so we need a system to keep the game fair. There is a basic 10-day Fairplay Timelock to prevent players from depositing right before the draw and then withdrawing quickly afterward. If you want to withdraw earlier you’ll have to pay a 2.5%, or less, Fairness Fee. The Fairness Fee reduces every second down to zero over 10 days. Depositing more DEP-BNB LP will reset your Fairness fee to a maximum of 2.5%, for your additional deposit. If you win the prize, your Fairness Fee will be reset to 5% and reduced to zero for 10 days after winning. These measures prevent bad actors from manipulating the prize draws. (Cited from here)

IV. Reasons of launching on BSC and advance notice of pre-sales of our NFTs in BSC

We decided to launch our product not only Ethereum Mainnet but also BSC and our smart contract of NFTs has already been deployed on BSC. BSC is focusing especially on the NFT projects and DeFi projects in which the user layers perfectly match our product and services. DEA will continue to work closely with NFT & DeFi communities to enhance our product and services that match with the growth of both ecosystems.

In an advance note, we will be conducting a pre-sales campaign for our NFTs this Autumn or Winter created by Japanese famous manga and anime artists. In Ethereum, there are more than 70 famous Japanese and overseas manga and anime artists joining. The list of artists can be found in our NFT Marketplace by DEP.

The name of artists joining the pre-sales campaign will be disclosed soon so looking forward to it!

The image below shows some excerpts of the artists joining our platform.

Furthermore, we are developing our systems so that BEP-721 NFTs can be used in our games. This might be realized in Winter 2021 to early 2022.

For more details, we will show you the roadmap of our products soon in Medium.

V. Let’s provide liquidity and earn DEP!

Time is running out; you can join the liquidity provider’s incentive program immediately by acquiring DEP from the following exchanges. Furthermore, you can sign up for a PlayMining DEP wallet here to earn DEP by enjoying our gaming content!

VI. Important notes

Do not send BEP20 DEP to DEA wallet as DEA wallet uses Ethereum network. We cannot recover the wrong transaction. Before you send DEP to the DEA wallet, please carefully confirm whether the DEP you are going to send is ERC20 DEP.

VII. Our Partners

Bittrex Global：https://global.bittrex.com/Market/Index?MarketName=BTC-DEP
INDODAX：https://indodax.com/market/DEPIDR
OKEx： https://www.okex.com/spot/trade/dep_usdt#type=1
Bithumb Global：https://www.bithumb.pro/en-us/spot/trade?q=DEP-USDT
Bitrue：https://www.bitrue.com/trade/dep_usdt

DigiFinex： https://www.digifinex.xyz/zh-cn/trade/USDT/DEP

Uniswap：https://app.uniswap.org/#/swap

1inch：https://app.1inch.io/

Sushi：https://sushi.com/

DeFiPie：https://defipie.com/

Loopring：https://loopring.org/#/

Anyswap：https://anyswap.exchange/swap

Wault Finance : https://app.wault.finance/bsc/#overview

Beefy Finance : https://app.beefy.finance/

CafeSwap : https://cafeswap.finance/farms