TeleportDAO Reward Program
Add to Watchlist
Added to Watchlist
Reward pool
$20,000
$10k in TST and $10k in USDT
Expected profit
up to $2,000
up to $1,000 in TST and $1,000 in USDT
Max participants
∞
No limit
DropsEarn score
Neutral
Normal, Low Risks
Details
TeleportDAO Reward Program is designed to challenge, engage, and reward the community through a series of quests and activities. By the end of this sprint, a prize pool of $10k in tokens and $10k in USDT which will be distributed among the top contributors.
Distribution scheme
• 1st place: $1,000 + $1,000 in tokens
• 2nd place: $800 + $800 in tokens
• 3rd place: $600 + $600 in tokens
• 4th to 5th place: $300 + $300 in tokens each
• 6th to 10th place: $150 + $150 in tokens each
• 11th to 50th place: $50 + $50 in tokens each
• 51st to 100th place: $30 + $30 in tokens each
• 101st to 200th place: $10 + $10 in tokens each
• 201st to 500th place: $5 + $5 in tokens each
TeleportDAO
TeleportDAO is a trustless bridge that connects Bitcoin to EVM chains. It is a light-client bridge that moves data between chains and is live between Bitcoin,BNB Chain, Ethereum, Optimism,Arbitrum, and Polygon. This enables dApps on EVM chains to access the data of Bitcoin. Two dApps have been built on top of the TeleportDAO bridge: TeleSwap and TeleOrdinal.
- It empowers users to transfer data, including assets like tokens and NFTs, across Bitcoin and EVM blockchains without relying on third-party services.
- By offering a decentralized, efficient bridge, TeleportDAO enhances connectivity and utility across blockchain platforms, marking a significant stride in the evolution of trustless, blockchain interoperability.
Products
- TeleOrdinal is a trustless marketplace for Bitcoin NFTs (AKA Ordinals). TeleOrdinal aims to provide users of different blockchains with the ability to purchase Ordinals and BRC-20 with stablecoins.
- TeleSwap is a trustless liquidity protocol, allowing direct, intermediary-free swaps between Bitcoin and any ERC-20 that provides low transaction costs, making it a cost-effective solution for users conducting frequent or high-value swaps.
Token (TST)
- TST holders will participate in the governance of TeleSwap, such as determining which chains to support, which DEXs to support, which tokens to accept as collateral, determining protocol fees and collateral for the protocol.
- The unlock schedule is strategically designed to balance immediate utility with long-term ecosystem growth, ensuring sustained development and community engagement
Team
- Ali Saheli - Co-founder, focusing on operational excellence and innovation.
- Mahyar Daneshpajooh - Co-founder, spearheading the strategic and technological development.
- Niusha Moshrefi (Princeton Ph.D)- Co-founder, spearheading the strategic and technological development.
Investors\CoinList:
- Quantstamp
- Gate Ventures
- AppWorks
- SNZ
- Definanex Limited
- Oak Grove Ventures
- Candaq Fintech Group
Links
About
TeleportDAO is announcing the beginning of its Zealy campaign. Join in, dive into TeleportDAO, create your profile and earn various rewards.
Activity Type
Registration
Open
When Reward:
None
Event Status
Links