DEFED is the ultimate DeFi hub where innovation meets profitability! We are thrilled to announce that our groundbreaking Prize Pool feature is now in Beta version.
Prize Pool is designed to revolutionize how you engage with token swapping. Prepare yourself for a thrilling experience that combines cutting-edge technology, transparent rewards, and limitless potential.
How does the DEFED Prize Pool work? It’s simple yet powerful. You can participate by adding your ETH, USDT, USDC, or DEFE tokens into the pool. The amount you invest will be converted into assets within the prize pool, based on the percentage of the total assets. This creates an exciting dynamic where your contributions directly impact your potential rewards.
But that’s just the beginning. Funds from all participants will accumulate before the end of each Prize Pool period, making the reward pool grow exponentially. As a participant, you’ll have the chance to receive a proportional share of the assets from the prize pool, giving you a direct stake in the game. The more you contribute, the greater your potential rewards!
One of the key advantages of the DEFED Prize Pool is its uncapped limit, allowing every user to add assets without restrictions. We believe in inclusivity and want to ensure that all participants have an equal opportunity to benefit from this innovative platform. DEFED DAO guarantees a minimum of 500 USDC worth of assets to kickstart each prize pool. Your potential rewards are already secured!
Transparency and security are at the core of DEFED’s values. By utilizing the power of blockchain technology, we provide you with complete transparency, ensuring that the prize pool’s fairness is verifiable. Our smart contracts automate the distribution process, ensuring a secure and tamper-proof reward allocation. You can trust that your investments are in safe hands.
Now, let’s talk about the incredible benefits that await you as a DEFED Prize Pool participant:
- Seize Competitive Selling Opportunities: By actively engaging in the prize pool, you can sell DEFE tokens at competitive rates. Maximize your profits by capitalizing on price movements within the pool.
- Acquire DEFE Tokens: The prize pool also presents an enticing chance to buy DEFE tokens at decent rates. Take advantage of favorable market conditions within the pool to enhance your token holdings.
- Manage Risk: With DEFED, you’re in control. You can decide how many assets you want to add to the prize pool, allowing you to manage your risk exposure effectively. Tailor your participation to suit your investment strategy.
- Community Building and Learning: The prize pool is more than just a platform for rewards; it’s a thriving community of like-minded individuals. Engage in discussions, share predictions, and gain insights into market trends. Together, we can create a vibrant and knowledgeable community ecosystem.
- Incentivize Your Token Holdings: As a token holder, your engagement is rewarded. The prize pool incentivizes your continued participation in the DEFED platform, fostering loyalty and fortifying our community ecosystem. Your dedication is valued and celebrated!
Prize Pool feature is now in closed Beta phase and will soon be open for public use in July, 2023.
To create an account with DEFED and start leveraging in the exciting world of Web3, visit defed.finance.
