【Indodax×DEAPcoin Collaboration】Indodax user exclusive DEAPcoin Staking 5,000,000DEP airdrop campaign

Hideaki Kurihara
PlayMining
Published in
6 min readJul 25, 2021

We are happy to announce that the long-awaited first DeFi service, DEP staking went live on NFT Marketplace by DEP from 12 July 2021. Our first DeFi service is where users choose the option to stake the DEP earned by playing games to earn more DEP, then to own NFTs to win more battles.

Staking on the PlayMining platform is an incentive program for users who are contributing to our PlayMining ecosystem and lets you earn DEP efficiently and effortlessly.

To celebrate our first DeFi service launch, we are offering a special airdrop for Indodax users who sign up for DEP staking!

【Campaign Period】

From 26th July 11 AM (UTC+8) until reaching the distribution amount cap.

【Airdrop Rewards rules】

Indodax users who newly purchase DEAPcoin (DEP) on Indodax during the campaign period are eligible for the airdrop rewards. Users are then required to transfer the newly purchased DEP to their PlayMining wallet, and complete registration of the staking service to receive an airdrop based on the aggregated staking amount of DEP.

The reward is based on the newly purchased DEP on Indodax only, therefore will not count for the DEP that is already inside the PlayMining wallet nor the deposit from the external wallet.

【Airdrop Requirements】

Those who fulfill all of the requirements (1) through (3) are eligible for the airdrop.

(1) Purchasing DEAPcoin (DEP) on Indodax

Note: DEP must be purchased at Indodax during the campaign period. DEP purchased and held before the start of the campaign will not be eligible for the airdrop.

(2) Creating a PlayMining ID and wallet and sending money to the wallet

Note: If you already have an account with PlayMining, you don’t need to create a new one this time.

(3) Application for DEP Staking

Note:
・To be eligible for the airdrop, you must have a minimum of 10,000 DEP in staking.
・Users may sign up for any of the DEP Staking programs. The amount of airdrop is determined by the aggregated amount of DEP you have staked from the DEP purchased from Indodax.
・DEP airdrop is scheduled to be distributed at end of August.

【Application Procedure】

  1. Sign up for PlayMining ID&create your PlayMining wallet
    (If you already have a PlayMining ID and wallet, please proceed to 2.)
    Go to NFT Marketplace by DEP and click on “Make a PlayMining ID”.

Enter your email address and click “Register”.

Click on the URL in the authentication email, and you will be redirected to the following screen, click on “Register as an Auctioneer”.

Enter your phone number, select your country of residence, and click “Agree to Privacy and send”.

Enter the 6-digit verification code in the short message, and click “Confirm”.

When the following screen appears, wallet creation is complete.

2. Buy DEAPcoin (DEP) on Indodax

Access Indodax, login, and select “DEP/IDR” from the “IDR MARKETS” tab under “Marketplace” on the top screen.

You will be redirected to the “DEAPCOIN MARKET” page, scroll down to the “Buy DEAPcoin” section. Enter the purchase amount and click “Buy DEAPcoin” to complete the purchase.

Note: To be eligible for the airdrop, you need to stake at least 10,000 DEP. Please take into account the purchase and withdrawal fees when making your purchase to ensure that you meet the staking requirement.

3. Transfer DEP from Indodax wallet to PlayMining wallet

From the “DEAPCOIN MARKET” page again, select “(Deposit/Withdraw) DEP” under “Balance”.

Select the “Send DEAPcoin” tab, and enter the amount of DEP you wish to send in the “Amount of DEP” field. Then, the amount you will receive excluding the “Withdrawal Fee” will be displayed in the “You will Receive” section. Next, enter the address of the PlayMining wallet you want to send the money to in “New DEAPcoin Address” and click “SEND”.

Note: Be sure to send DEP directly from your Indodax wallet to your PlayMining wallet. If you send DEP to an external wallet (such as MetaMask) and then send DEP to your PlayMining wallet, you will not be eligible for the airdrop.

To check your PlayMining Wallet’s Address, go to NFT Marketplace by DEP, click on the menu in the upper right corner, and select Wallet to see your Wallet Address.

4. Apply for DEP staking

Click on “Staking” from the NFT Marketplace by DEP wallet page.
Then, input the amount of DEP you would like to Stake and select the period and click the confirmation. You will also need to acknowledge the terms and conditions before proceeding.
Once you have clicked on “Confirm”, your application for DEP staking is complete.

Note:
・In order to be eligible for the airdrop, the DEP staking amount you enter on this page must be at least 10,000 DEP.
・You may distribute the DEP purchased from Indodax to multiple plans. The amount of staked DEP will be aggregated through all the plans to determine the eligible airdrop.

【Warning】

<About the Campaign>
・Airdrop is scheduled at the end of August.
・Please note that if you cancel the staking before the airdrop is commenced, you will not be eligible for the campaign airdrop.
・Please note that the campaign may be canceled without prior notice once it reaches the maximum airdrop reward.
・If you have any questions about this campaign, please send an email to info@dea.sg. Please note that it may take some time for us to reply.

<About DEP staking>
・The minimum deposit to use the staking service is 3,000 DEP, For this Indodax Campaign, the minimum staking amount required is 10,000 DEP or more.
・The maximum deposit in total is 1,000,000 DEP per account.
・Users can choose up to 5 plans total per account.
・The staking reward will not be provided if you cancel and withdraw staking before the maturity date.
・DEP staking service will stop when it reaches the threshold of the total rewards.
・The reward rate will change from time to time without notice. The staked plan and the rate will not change until the maturity date.

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