Base

The wait is finally over!⏰

Epoch 1 :- Vault Creation Challenge

Get ready to test your skills and showcase your strategies. Participate, compete, and stand a chance to win exciting rewards.

📆 :- 3rd Sept 2024 - 17 Sept 2024

Read more below👇🧵

Intent Operating System for DeFi (backed by Binance Labs)

Here's what's up for grabs:

• Top traders in this challenge will earn a share of a 1,000 USDC and $pVLV pool
• Earn extra $pVLV for every $300 added beyond the initial requirement.
• Referral Bonus: Invite friends to join and earn additional $pVLV when they complete the tasks.
• Leaderboard Updates: Daily updates to track progress and foster healthy competition.

Social Media Amplification: Share your vault creation journey with #VelvetVaultChallenge to earn more points.

How winners will be decided:

Vault with the Highest Return during the campaign will be declared as winner.

There will also be multiple epochs & this is only the first!

Tasks:

• Create a Vault on Velvet Dapp.
• Add a minimum of $100 in liquidity or assets to the vault.
• Actively trade and use DeFi protocols to optimize vault performance and earn the most points possible