Hi guys and welcome to another lovely evening, in case you have not been paying attention or probably occupied with other activities going on around the Blockchain space then this might interest you as well.
Few weeks back we saw TokenPocket successfully activated their native coin TPT on the binance smart chain network and ever since then it has been one event to another and the party don't look like it will end anytime soon.
First it was the addition to PancakeSwap which allowed TPT holders to stake their TPT coin to mine Cake token, this went on for days until all reward pool was completely drained of.
Although, the option to mine Cake with TPT is readily available but individuals needs to provide liquidity in other to gain access to this and the liquidity provision requirement is TPT-BUSD, providing liquidity has its own advantage and disadvantage.
While the ROI is great but then impermanent loss might step in, to combat this, liquidity providers earn Cake alongside the normal rewards for providing liquidity, meaning if one of the liquidity provided saw massive price movement, individuals stand to benefit from all end.
Mining cake wouldn't be complete if the option to mine TPT was not provided as well, so it goes both ways, while TPT holders have the feature to mine Cake, the Cake holders also have a designed pool to mine TPT by staking Cake, both working in an opposite but equally arranged settings.
TokenPocket move to BSC wouldn't be possible without the community and to appreciate this, they decided to host an airdrop that will incentives TokenPocket users who have made one or more transactions on pancakeswap.
The rule is quite straightforward and does not require form filling or many other decisions
Published few days back, the airdrop rule states that
From January 1, 2021 to March 31, 2021, the top 20,000 users who trade on PancakeSwap through TokenPocket Wallet in trading volume will get the airdrop.
In short, there would be a sum total of 20k address to qualify for this airdrop and the requirenent is to trade on PancakeSwap via TokenPocket and be among the top 20k users with highest trading volume
With no mention of specific token individuals are meant to trade, this simply means all trade performed on PancakeSwap via TokenPocket counts while the event stays active
You can read the full detail about the airdrop here https://tokenpocket-gm.medium.com/tokenpocket-foundation-will-conduct-the-airdrop-for-bsc-users-94e88d52147a
Also check out the official tweet about the airdrop from TokenPocket official Twitter account here
https://twitter.com/TokenPocket_TP/status/1369603607394283522?s=19
- TokenPocket_TP
With so many activities currently taking place with Crypto and also the TokenPocket community I wonder what this entails for the future.