To commemorate the launch of the Increment protocol on zkSync Era, we’re delighted to introduce Increment on zkSync Era: Genesis Orb collectible, limited to 500 digital orbs that will be minted on zkSync Era. This unique orb design embodies the spirit of open public ledger technology and is a testament to the community’s tremendous efforts in developing Increment.
Due to the orb’s magical abilities, users who hold the orb digital collectible at the time of the next community governance token distribution will receive a significant portion of the tokens distributed as a retroactive reward. It won’t be here for long though, this limited collectible is only available for claim within the first couple of weeks of deployment.
Event date & time: March 18, 2024 - April 29, 2024 6pm UTC
How it works: In order to be eligible for the limited Genesis Orb, you will need to earn enough points to be placed within the Top 500 of all point holders at the end of the event period. Here’s how you can earn points:
Earn 10 points for every 500 USDC of volume traded
Earn 1000 points for every 1000 USDC of liquidity deposited into any market and held for at least 10 days
Run a liquidation bot and earn 50 points for every liquidation executed on any liquidatable position, here is a link to an open sourced liquidation bot: https://github.com/Increment-Finance/liquidation-bot
Become a delegate and vote on governance proposals to earn 30 points. Those who voted on the 1st proposal “add ETHUSD market” will also receive 30 points.
Genesis Orb Rank: After every 7 days, the following spreadsheet here: Genesis Orb Rank will be updated for full transparency on the latest points and rankings earned based on onchain activity.
At the end of the event, users who have placed within the Top 500 of all point holders will be eligible to mint the Genesis Orb collectible and claim its magical abilities. All governance vesting wallets will not be eligible to participate in this event.
Disclaimer
Use of any decentralized finance application, entails certain risks. Please review Terms of Service and Risks and Disclaimers before interacting with Increment.
You should never trade or invest with funds that you can't afford to lose.
Increment is a decentralized, algorithmic perpetual swaps protocol building on zkSync Era, featuring automatically concentrated liquidity, dynamic fees and parametrizable pools.
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