ParaSpace Launched Exciting ParaX Medal NFT Airdrop Campaign Amidst Merger Milestone
The ParaX Medal NFT airdrop initiative, beforehand outlined by ParaSpace, will embody a complete of two,000 NFTs. The primary 200 have been delivered to the preliminary migrating accounts.
An extra 1,000 NFTs will probably be airdropped to the highest 1,000 migrating accounts, as decided by their Complete Worth Locked (TVL) and Borrowing and Lending (BNPL) exercise. An additional 800 NFTs will probably be allotted to customers migrating throughout the first week, on a first-come, first-served foundation.
ParaX, shaped by the merger of ParaSpace and Parallel Finance, goals to grow to be a complete web3 tremendous app, offering infrastructure to reinforce consumer experiences and enhance mass adoption throughout numerous blockchain networks.
To precise appreciation to customers migrating to ParaX, the event group will introduce ParaX Medal NFTs, providing further advantages throughout the ParaX ecosystem, together with level distribution.
The transition to ParaX will introduce a dual-scoring system, monitoring consumer exercise on each platforms. ParaX will characteristic a brand new dashboard, monitoring historic venture exercise and new engagements.
ParaSpace has additionally unveiled the ParaX whitepaper, highlighting the ecosystem’s basis. This contains account abstraction, meta consumer interface, zkVM, and cross-domain intent-based LLM, simplifying consumer interactions with Web3 functions by an automatic, clever execution layer.
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