Unigraph Zealy Competition - DropsEarn
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Unigraph Zealy Competition

Unigraph Zealy Competition

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Reward pool

$20,000

10,000 USDT+ $10,000 in GRPH

Expected profit

up to $2,000

up to 1,000 USDT+ $1,000 in GRPH

Max participants

No limit

DropsEarn score

Neutral

Normal, Low Risks

Details

Unigraph is decentralized indexer for Bitcoin based token standards. Bitcoin based token standards such as BRC20 have grown to billions of dollars in TVL. But these protocols are guarded by centralized and closed source indexers, often maintained by single entities. This creates a centralized point of failure and potential attack vector for the growing DeFi ecosystem on Bitcoin. Unigraph aims to solve this issue by creating the first open sourced, decentralized indexer for Bitcoin token standards.

Unigraph Zealy Competition

Unigraph is running an airdrop of $20,000 in stables and tokens for users who successfully complete quests on Zealy. Join Zealy, complete Unigraph quests to earn XP, and stand a chance to be among the top 500 participants eligible for up to $20,000 in value, including USDT and GRPH tokens.

  1. Visit the Unigraph Zealy page
  2. Connect your wallet.
  3. Earn XP and climb the leaderboard by completing quests.
  4. After the campaign concludes, if you are among the top 500 participants, you will receive rewards in the form of USDT and GRPH tokens, as detailed below

Total: $20,000 ($10k in USDT and $10k in GRPH tokens)

  • 1st place: $1,000 + $1,000 in tokens
  • 2nd place: $800 + $800 in tokens
  • 3rd place: $600 + $600 in tokens
  • 4-5th places: $300 + $300 in tokens each
  • 6-10th places: $150 + $150 in tokens each
  • 11-50th places: $50 + $50 in tokens each
  • 51-100th places: $30 + $30 in tokens each
  • 101-200th places: $10 + $10 in tokens each
  • 201-500th places: $5 + $5 in tokens each

About Unigraph

The Challenge:

Centralized indexers, often controlled by single entities, present significant risks in the Bitcoin DeFi ecosystem, especially for tokens like BRC20.

Unigraph's Solution:

Open Source: Unigraph introduces an open-source, decentralized approach to indexing Bitcoin token standards

Decentralization: Powered by a network of node operators through GRPH token staking, it ensures broad-based management

Security & Innovation: Facilitates secure, innovative DeFi applications development like trustless DEXes and lending markets

GRPH Token:

The GRPH token, central to Unigraph's ecosystem, incentivizes node operators and is used for data access payments. Available for trading on Unisats and OKX.

Roadmap:

  • Q1: Beta mainnet for BRC20.
  • Q2: Full mainnet launch.
  • Q3-Q4: Additional token standards and Oracle protocol introduction.

Links

 
 
 
 

About

Unigraph, a decentralized indexer for Bitcoin token standards, is is running an airdrop of $20,000 in stables and tokens.

Activity Type

Social networks

Contest

Zealy

Date

10 Jan 2024 17:00(UTC+3) - 10 Mar 2024 06:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)