🎁xBank Boxdrop Earning(S1) Live Now!
A reward scheme for early contributors who join the private beta release of xBank protocol.
Introduction
xBank believes in a better future of NFT with an open money market. The Boxdrop Campaign is a reward scheme for early contributors who join the private beta release of xBank protocol.
Joining our community and interact with the protocol in different ways to receive Boxdrops!
The first round of Boxdrop will start in June 2023, and will last for at least 3 months. The end time of the event will be announced before August 2023.
The xBank Boxdrop earnings are live now! From now on, you can participate in xBank Protocol to earn Boxdrop rewards.
Rules of xBank Boxdrop
NFT adopters who leverage the xBank protocol to purchase NFTs or provide better lending offer conditions for borrowers to earn on interest, and invite friends to join us will receive different types of boxdrops.
An address can not be a borrower and lender at the same time.
The Boxdrops are divided into five levels: bronze, silver, gold, platinum, and diamond.
The Boxdrops obtained by users will be revealed after the end of the event, and different levels of boxdrops will have different credit points.
Note: Invalid or fraudulent behavior will be excluded by data analysis at the end of the event, and no credit point will be awarded.
How to Earn Boxdrops as a Borrower
The higher the quality and frequency of NFT purchases using the xBank protocol, the more Boxdrops you will get:
| Action | Box Type | Box Quantity |
|---|---|---|
Successful purchase of NFT using xBank protocol | Gold Box | 30 |
Repay according to payment plan | Silver | 10 |
Boxdrops for LPs Providing Funds
The better lending offer conditions you provide, such as: lower APY than the average value of other loan offers on the platform, longer loan terms, etc., the more boxdrops you will get:
| Action | Box Type | Box Quantity |
|---|---|---|
Create a loan offer | Bronze-Gold Box | 5-15 |
Successfully lend to users | Gold | 10 |
Inviting to Get Boxdrop
Invite friends to participate in the xBank protocol or provide lending offer to the platform's borrowers will receive boxdrops.
Note: The inviter can invite others only after proven participation in the xBank protocol.
Similarly, invalid invitation behavior will be excluded by analysis and no credit points will be awarded.
| Action | Box Type | Box Quantity |
|---|---|---|
Invite friends | Bronze | 10 |
Invitees successfully borrow to buy NFT | Silver | 10 |
Invitees successfully lent to users | Silver | 10 |
Welcome Boxdrops
Follow Twitter @xBank_Official and retweet the pinned post to receive 2 Boxdrop rewards.
Box Usage
Boxes will be revealed with credit points according to contributions to the protocol and the credit points will be accumulated for a leaderboard of credit points. Credit points will be converted to different community usages including role registration, airdrop, NFT claim and etc.
Conclusion
Active users of the xBank protocol with more transactions throughout the campaign will receive the most Boxdrops. We are happy to have you with the best ideas of xBank and build it together! Start earning points on the xBank Protocol now with the power of Web3 technology.
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