Happy New Year to our Kyberian Community!
To kick off the new year, we’re excited to announce a new launch of KyberSwap’s Trading Campaign with partners zkBob and Umami Finance!
This is no ordinary Trading Campaign. This will be the start of a long line of trading contests conducted in collaboration with KyberSwap’s valued partners, strengthening our respective ecosystems while bringing YOU opportunities to earn KNC rewards!
So let’s bring on 2023 with a bang!
Commencing on 6th Jan 04:00 am UTC, trade on KyberSwap with $BOB and $UMAMI to climb up the ranks and be winners of KyberSwap’s Trading Grant Campaign!
As a new initiative, the T&Cs may appear confusing at first so be sure to read the information below carefully to ensure full understanding.
What is zkBob?
Deployed on Polygon to utilize existing infrastructure (Uniswap v3, Aave, and native USDC), zkBOB is a stablecoin-based zkprotocol designed for simplicity, privacy & utility, simplifying secure, limited-value, and anonymous stablecoin transfers for everyday users.
zkBob is optimized to work with $BOB, a multi-chain stable token (stablecoin) enhanced with optional privacy features. The BOB stablecoin is currently available on Polygon, Optimism, BNB Chain and Ethereum mainnet with additional chains on the horizon.
KyberSwap x zkBob Trading Campaign Details
- Total Rewards:
$5,000 in KNC - Campaign Duration:
- Start Date: 6 Jan 04:00 am UTC
- End Date: 6 Feb 04:00 am UTC
- Swaps must be completed on KyberSwap on any 1 of the following 4 chains:
- BNB
- Polygon
- Optimism
- Ethereum
- Token swaps MUST be made using the BOB token (Eg: $BOB to any token or any token to $BOB)
- Example 1: $BOB swap to $USDC on BNB ➡️Eligible
- Example 2: $KNC swap to $BOB on Polygon ➡️Eligible
- Example 3: $USDC swap to $BOB on Arbitrum ➡️Not Eligible (Arbitrum is not an eligible chain for $BOB swaps)
- All swaps must be on kyberswap.com.
- Wallets must trade at least $50 in total trading volume to be eligible for this trading campaign.
- Ranking System
- Rank 1: $500 in KNC
- Rank 2: $350 in KNC
- Rank 3: $250 in KNC
- Rank 4 – 10: $100 in KNC each
- 64 Random Winners: $50 in KNC each
- Rewards Distribution (zkBob)
Winners will be able to claim their KNC rewards via kyberswap.com on Polygon chain after the campaign is over.
Click here to join our Trading Contest and start trading $BOB!
KyberSwap x zkBob NFT Airdrop Campaign (*Added 19/01/23)
With the success of KyberSwap’s partnership with zkBOB, we’re delighted to announce further incentives for $BOB traders.
Each KyberSwap user whose wallet addresses are present on the zkBOB Trading Leaderboard will earn an extra NFT reward!
*Eligible wallets will be finalised by the KyberSwap team once steps have been taken to guarantee the competition is fair. Wallets that show signs of bot activity or other forms of cheating will be examined and removed.
Eligible participants will be able to claim their NFT rewards on Galxe within 5 working days AFTER the campaign is over.
- How to claim the NFT rewards:
- Step 1: Click this link or head to the Galxe website and manually type “KyberSwap” or “zkBOB” in the search function.
- Step 2: Connect your wallet (Polygon chain), and ensure your wallet address is verified
- Step 3: Claim your NFT KyberSwap x zkBob rewards
Start trading $BOB on KyberSwap and earn the extra NFT rewards!
What is Umami Finance?
As a market-maker and liquidity provider for Arbitrum, a scaling chain for Ethereum, Umami Finance is a hybrid DeFi protocol and digital asset custodian that is pioneering the institutional adoption of DeFi with its expanding array of DeFi Yield products tailored to financial institutions.
It operates an end-to-end suite of liquidity services, including bridging, capital raising, and market making, helping partner protocols rapidly scale their tokens’ liquidity on the Arbitrum network.
$UMAMI is the protocol’s governance and fee-generating token.
KyberSwap x Umami Finance Trading Campaign Details
- Total Rewards:
$5,000 in KNC - Campaign Duration:
- Start Date: 6 Jan 04:00 am UTC
- End Date: 6 Feb 04:00 am UTC
- Swaps must be completed on KyberSwap using the Arbitrum chain.
- Token swaps MUST be made using UMAMI token (Eg: $UMAMI to any token or any token to $UMAMI).
- Example 1: $UMAMI swap to $KNC on Arbitrum ➡️Eligible
- Example 2: $USDC swap to $UMAMI on Polygon ➡️Not Eligible (Only Arbitrum is an eligible chain for $UMAMI swaps)
- Each wallet that trades at least $25 in total trading volume will be eligible for this trading campaign.
- Ranking System
- Rank 1: $1,000 in KNC
- Rank 2: $500 in KNC
- Rank 3: $300 in KNC
- Rank 4 – 10: $100 in KNC each
- 50 Random Winners: $50 in KNC each
- Rewards Distribution (Umami Finance)
Winners will be able to claim their KNC rewards via kyberswap.com on Arbitrum chain after the campaign is over.
Click here to join our Trading Contest and start trading $UMAMI!
Further Details
- Ranking system is based on points.
- $1 Trading Volume = 1 point on the Leaderboard
- The Leaderboard will refresh every 5 minutes.
- Prizes will be claimable on directly via the KyberSwap Trading Leaderboard 3 working days after the campaign has ended. Users will have to claim the rewards on their own. There is no time limit to claim your rewards.
- Traders will be able to view their ranking placement directly on the Leaderboard to know if they qualify for the Trading Contest.
- Kyberswap reserves the right to disqualify any user that violates, cheats, or abuses the campaign at its own discretion. All decisions made by the Kyber team are final.
Trade more to get higher ranking on our Trading Leaderboard. The higher your rank, the more rewards you’ll earn!
Want more opportunities to earn? Know any DApps looking for opportunities to strengthen its tokenomics?
Let us know which project you’d like to see KyberSwap partner with for our next Trading Grant Campaign!
Trade & earn at the best rates on KyberSwap.
