OKX launches Aptos (APT) airdrop with 1,000 APT prize fund
OKX launches Aptos (APT) airdrop with 1,000 APT prize fund
As part of OKX's new campaign, which will run from June 3 to June 17, 2024, users can stake APTs for a chance to win a share of the big prize pool.
OKX, a prominent cryptocurrency exchange, has launched a special airdrop campaign aimed at rewarding its users who stake Aptos (APT) tokens. The campaign, which started on June 3, 2024, offers participants a chance to earn from a 1,000 APT prize pool. This initiative highlights OKX's commitment to incentivizing engagement and fostering a vibrant crypto community.
Steps to participate:
- Complete identity verification.
- Stake from 1 APT to be eligible to receive airdrop rewards.
OKX will take daily snapshots of users' staked APT balances during the campaign period, from June 3 to June 17, 2024, at 6:00 am UTC. The rewards will be calculated based on the average increment of staked tokens compared to the baseline snapshot taken at the start of the campaign.
This offer encourages users to increase their APT holdings, potentially boosting the token's value and liquidity.
The reward distribution is straightforward: a user's airdrop reward will be determined by the ratio of their average increment to the total average increment of all participants, multiplied by the total prize pool. For instance, if a user’s average increment is 7.5 APT and the total average increment of all users is 1,000 APT, the user would receive 75 APT as their reward.
Reward calculation formula: User airdrop rewards = (User average increment / Total average increment) × Prize pool
New campaign underscores OKX's efforts to enhance user engagement and reward loyalty. By staking APT, users not only earn rewards but also contribute to the stability and growth of the Aptos network.
As the crypto market continues to evolve, initiatives like OKX’s APT airdrop campaign play a big role in driving user participation and fostering a robust ecosystem.
