The top-tier DEX on the Core chain will incentivize users to contribute to its growth in the industry.
Incentivizing the Community
The “Volunteer Incentive Airdrop project” will give users tokens and Non-Fungible Tokens (NFT) while they contribute to the LFGSwap and Core DAO community at large. The Core-based DEX announced the innovation on February 6th via Twitter and Medium.
The team told BSC News that the program would have three effects on the protocol, including strengthening its relationship with users and increasing its adoption:
“First of all, it will strengthen the connection between LFGSwap and users. Just like the purpose of the project, LFGSwap is a community-driven organization. Secondly, it will allow more CoreDAO users to pay attention to LFGSwap. We believe this activity will allow more CoreDAO users to join LFGSwap,” the DEX wrote. “In the end, we hope that more users can enjoy the fun, just like the old saying “Play to earn,” we hope that more users can gain a sense of accomplishment in community activities and obtain corresponding benefits.”
According to LFGSwap’s Medium publication, the program would allocate management tasks for volunteers to complete and receive rewards. Volunteers would earn NFT Blind Box rewards, containing some exclusive legendary NFTs.
The airdrop project interacts with LFGSwap, volunteers, and the community. The community has an ultimate say in the volunteers that receive rewards. This means they are responsible for providing the list of volunteers eligible for NFT or token rewards.
After the community selects the best volunteers, the DEX will distribute the rewards in crypto or NFT Blind Boxes. Interested users should visit the platform’s blog for instructions on registering for volunteer activities.
What is LFGSwap
LFGSwap is a Decentralized Exchange (DEX) built on Ethereum Proof of Work (ETHW) and, most recently, Core. The DEX offers users a product suite with services like Farming, Staking, Swapping, and more. The LFG token is the protocol’s native cryptocurrency.
Where to find LFGSwap:
What is Core DAO:
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem’s history and an even greater excitement for Core’s role in its future.
Where to find Core DAO:
Source : bsc.news
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