BOB "BTC DeFi Home" Launchpad event is now online on Layer3

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By understanding BOB's hybrid Layer2 and completing some simple tasks, you can earn 750,000 OP tokens and additional Layer3 rewards.

On March 14, BOB announced the official launch of the "BTC DeFi Home" Launchpad on Layer3. This activity is synchronized with the BOB Rise DeFi incentive activity launched by BOB on February 25. Users can participate in the "BOB-specific tasks" on the Layer3 Launchpad to share 750,000 OP tokens and other rewards. You only need to understand BOB's unique hybrid Layer2 model and HybridBTC product to receive rewards from BOB's DeFi ecosystem partners.

How to participate in the "BTC DeFi Home" Launchpad activity?

Complete the following 9 learning tasks to receive rewards:

There are 9 tasks on the Layer3 Launchpad. These tasks include user education, social tasks, and on-chain tasks, aiming to deepen users' understanding of BOB's hybrid Layer2 and HybridBTC products.

1) BOB: Understand Hybrid Layer2

Understand the basics of BOB's hybrid Layer2 model and ecosystem. Take a knowledge quiz, and if you want to go further, you can also cross-chain ETH and post information about BOB's hybrid Layer2 on social media.

2) BOB: Understand BitVM and HybridBTC

Delve into BitVM, the HybridBTC DeFi yield product, and its role in the BTC DeFi. Test your knowledge, then follow BOB's co-founder @alexeiZamyatin on X.

3) BOB: BTC DeFi Home

Understand how BOB's OP authorization and Bitcoin network security enhance the DeFi ecosystem, then cross-chain some funds to BOB.

4) BOB: GM

Use ONCHAINGM to say "GM" on BOB, a very "crypto-esque" and simple yet fun on-chain interaction.

5) BOB: Oku Trade

Learn how to use Uniswap V3 on BOB through Oku Trade. Conduct your first wBTC swap to experience decentralized trading on BOB.

6) BOB: HybridBTC.pendle

Explore the industry's first hybrid BTC vault - HybridBTC.pendle, learn about yield-bearing assets (YBA), and use wBTC to mint HybridBTC.pendle.

7) BOB: Euler

Understand how Euler efficiently lends and borrows BTC assets on BOB, and provide HybridBTC.pendle on Euler to earn more yield opportunities.

8) BOB: Gamma

Gamma automates Uniswap liquidity management through auto-rebalancing to help users maximize their yields. On Oku, swap HybridBTC.pendle for wBTC, then deposit it into Gamma to earn trading fees.

9) BOB: BOB Stake

Experience one-click Bitcoin staking on BOB, using native BTC to mint any BTC LST (Liquidity Staking Asset).

Guidance for the "BTC DeFi Home" Launchpad activity

  1. Access the Layer3 activity: Navigate to the BOB Launchpad page.

  2. Connect your wallet: Log in with your wallet to complete the above steps and receive the rewards.

  3. Check the information panel: The left side of the page will display the activity timeline, eligibility criteria, number of participants, and referral links to share.

  4. Choose a task: The right side of the page has 9 task boxes, each with a detailed description of its focus. It's recommended to start from the top left and work through them sequentially.

In summary, users only need to visit the BOB Launchpad page and connect their wallet to understand BOB's hybrid Layer2 and HybridBTC products, complete simple tasks, and unlock BTC yield opportunities and OP token rewards across the entire BOB ecosystem, all of which can be done in just a few minutes.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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