Schedule & Rewards
- 1.Accumulation Phase Starts 8/31/2022 @ 19:00 UTC, runs for 10 days Deposits are open for the DING/ADA liquidity pair for a limited 10-day window.Once this phase has ended, all raised funds will be added to Liquidity Pools across one or more prominent Cardano DEXes, depending on the total final amount that was raised.
- 2.DEX Liquidity Provision Between the Accumulation Phase and Reward Distribution Round #1 The corresponding LP tokens yielded by this liquidity provision will then be redirected to each corresponding user's LP Drive account and undergo a 30-day lock period, starting with the Round #1 kick-off time.
- 3.Reward Distribution Round #1 Starts 10/10/2022 @ 19:00 UTC, runs for 30 days Airdrops: - 'NGMI Guy' NFT Collectible - $DING Royale Priority Pass (the pass is already in participant's wallets in the form of receipt tokens stemming from opting into the LP Drive & it will work in conjunction with the DING Royale app) - 5% of the Bonus Ding (calculated as 5% out of the total DING provided during the Accumulation Phase). - DEX LP Tokens stemming from the DEX Liquidity Provision phase are unlocked and can be withdrawn* at any time but are prone to penalties if withdrawn earlier than the final phase of the LP Drive programme.
- 4.Reward Distribution Round #2 (30 days) Starts 11/9/2022 @ 19:00 UTC, runs for 30 days Airdrops: - PXL Wars Arenas NFTs - 5% of the Bonus Ding (calculated as 5% out of the total DING provided during the Accumulation Phase).
- 5.Reward Distribution Round #3 Starts 12/9/2022 @ 19:00 UTC, runs for 30 days Airdrops: - PXL Wars Lootbox NFTs - The Dedicated NFT collectibles corresponding to each participation category (including Discord access to the dedicated PXL Maxi channel for Legendary tier contributors) - The remaining 5% of the Bonus Ding (calculated as 5% out of the total DING provided during the Accumulation Phase). Participants are now allowed to withdraw their rewards in full as well as their corresponding Minswap LP tokens for the entire duration of this final round.
There will be no cut-off time for this programme, Minswap LP Tokens can be withdrawn at any time.
All tier rewards are airdropped directly into participants' wallets.
*Withdrawal of LP Tokens can only be done in full and represents a user's choice to renounce all of the unclaimed or unlocked rewards stemming from their participation in the DING LP Drive Programme.