Please indicate that the reprint is from the "Biteye" community
Author: Biteye core contributor Shouyi
Editor: Crush, core contributor of Biteye
Community: @BiteyeCN
*The full text is about 1500 words, and the estimated reading time is 3 minutes
1. Introduction to SOFA
SOFA.org is a decentralized non-profit organization dedicated to advancing the DeFi ecosystem.
The first structured product has been launched and users will be able to see the returns of this strategy directly in its dapp, similar to a financial product that guarantees principal and interest.
SOFA is also an open airdrop project. 33% of its tokens will be airdropped to users and gradually released within 180 days.
In terms of project background, well-known projects or exchanges such as Galaxy, OKX Ventures, Hashkey Capital, and Chainlink are all members of its DAO, and there are strong expectations for upward performance.
2. dappOS x SOFA Event
In the fourth phase of Rocket Campaign, dappOS started cooperation with SOFA. Users who participate in SOFA deposits can not only obtain the original income and $RCH token airdrops, but also receive event rewards of up to 70,000U.
Event Date:
July 8, 20:00 — July 22, 20:00 (UTC+8)
Activity Award:
Newbie group, trading volume 100U~1000U, the prize pool includes 15000U + 5000 $RCH
Advanced Group: Trading volume ≥ 1000U, the prize pool includes 15000U or the equivalent amount of $RCH
All rewards will be distributed according to the proportion of the total trading volume of individual transactions. If too many people participate in the event, the rewards will continue to increase, up to double.
3. Participate in the tutorial
https://wallet.dappos.com/assets
1. Open DappOS to recharge
The first time you use it, you need to obtain a deposit address, as shown in the figure below. This step is an activation operation and cannot be omitted.
Note that although the addresses of each EVM chain are the same, for example, the address of the BNB chain is the same as that of Avalanche, you still need to create an Avalanche address once to complete the activation. Otherwise, if the funds are directly transferred to the Avalanche address, they will not be displayed.
When creating, you need to use the wallet of the corresponding chain to pay GAS. If the target chain does not have GAS, you can use a third-party cross-chain bridge to cross-chain assets, such as MiniBridge.
https://minibridge.chaineye.tools/invite/RW1GL
2. Purchase SOFA structured products
You can find SOFA directly on the dappOS page, or enter it directly through the link below.
https://sofa.dappos.com/products
There are three types of structured products here, namely "Rangebound", "Bull Trend" and "Bear Trend", corresponding to volatile market, bull market and bear market.
The way to play Rangebound is that as long as the price keeps fluctuating back and forth, purchasing this type of structured product can maximize returns.
The way to play Bull Trend is that as long as the price keeps rising, buying this type of structured product can maximize the profit.
The way Bear Trend plays it is that as long as prices keep falling, buying this type of structured product can maximize returns.
Each type of product includes two optional tokens: BTC and ETH. Each token has a different expiration date, which may be 3 days or 10 days.
This is just the strategy recommended by the system. If you don’t want to follow the system’s recommendation, just click “customize” below to customize the “expiration date” and “price range”. The highest return is on the right, which is about 48.9%.
If you want to pursue the highest return, just use the recommended strategy.
Assuming that 1000U is purchased here, the transaction volume of 1000U can be accumulated after 3 days. If the price is within the pre-set range, the annualized return will be up to 158.51%. Even if it is not within this range, due to the subsidy of $RCH airdrop, there will be at least 61.29% annualized return, so it is a sure win.
If you want to accumulate as much trading volume as possible during the event, you can try to choose a strategy with a close settlement date, such as a strategy that expires in 1 day. By operating multiple times, you can obtain a relatively high trading volume and get more event rewards.
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