Ontology and HyperJump Launch Liquidity Incentive Partnership

Ontology and HyperJump recently launched a liquidity incentive partnership program for users of both platforms with a reward pool of $190 000 in platform tokens.

Ontology and HyperJump Liquidity Incentive Partnership

In a Medium blog by Onto Wallet, the community has been offered lucrative farming and staking pools in partnership with HyperJump. The event offers $130 000 $Alloy worth and $60 000 $ONT to users for the program. There will be a reward of up to 500 $ONG for users who will use HyperJump on Onto Wallet as an extra incentive. 

Earn $ALLOY — $ALLOY-$ONT & $ONT-BNB Liquidity Pools

HyperJump has set up two separate LP pairs for the program: $ALLOY-$ONT and $ONT-$BNB. Users can supply any amou0nt of liquidity in either pool to start earning $ALLOY rewards immediately.

HyperJump’s $ALLOY-$ONT farm is intended to run indefinitely, whereas its  $ONT-$BNB farm will run for six weeks.

High reward program for users who start early up to day 4;

Day 1–2: Earn 6X the regular $ALLOY reward

Day 3–4: Earn 3X the standard $ALLOY reward

Day 5 onwards: Users start to earn the regular $ALLOY reward

Stake MECH and Enter Dual Earning of $ONT & $ALLOY

In addition to farming $ALLOY, users also have the unique opportunity of earning $60,000 worth of $ONT tokes and an additional $60,000 value of $ALLOY tokens via HyperJump’s $ONT Pool.

Thanks to HyperJump’s duel rewards feature, users can simply stake MECH in the HyperMECH Workshop to start earning both $ONT and $ALLOY. Stake and earn for six weeks, beginning May 25.

Tip: 1 MECH = 5 $ALLOY. You can readily exchange $ALLOY for MECH on HyperJump exchange and start staking to earn $ONT and $ALLOY rewards.

ONTO Airdrop 

There will be rewards for users who will use the ONTO wallet for the HyperJump liquidity incentive. The team has planned a separate 500 $ONG for the first 300 users who get to participate in either the ONT-BNB or ONT-ALLOY liquidity pools or MECH staking in the first seven days of farming.

There will be more rewards for users if participation is less than 300 total participants. The 500 $ONG will be evenly split between a smaller group increasing the reward pool for each winner. These rewards will be distributed so the more users that sign up will diminish the individuals rewards.

Note:

Each ONT ID is counted only once as all ONTO users can participate.

Users who import ONTO multi-token wallets must use their ONT ID digital identity wallet and cannot use a BSC single-chain wallet if they want to have a chance to receive a share of the 500 ONG airdrop.

New to ONTO? Get started with this video tutorial.

About Ontology

Ontology is a high-performance blockchain-based platform specialized in decentralized identity and data. Its unique infrastructure supports full cross-chain cooperation and Layer 2 scalability. They are offering businesses the adaptability to design a blockchain protocol that suits their needs. They integrate various functions that include identity, credit, digital assets, NFTs, financial lending, cross-chain swap, news push, and different practical dApps and supporting multiple mainstream public chains and diversified digital assets.

Its recent collaboration with HyperJump brings cross-chain capabilities and utilities to a growing wave of users across three chains of BSC, Ontology, and Fantom.

Source : bsc.news