Introduction
OKX Wallet is excited to announce the launch of Cryptopedia Chapter 12, a dynamic interactive rewards platform for Web3 enthusiasts. Starting January 16, 2024, users can complete a single cross-chain transaction task to qualify for a share of the 50,000 USDC prize pool.
Key Event Details
π Activity Period
- Start: January 16, 2024 (12:00 UTC+8)
- End: February 4, 2024 (23:59 UTC+8)
π― Task Requirements
Objective: Use the CCTP (Circle) Bridge on OKX DEX to swap any token (β₯10 USDC value) to USDC across supported networks:
- Ethereum
- Arbitrum
- Optimism
- Avalanche
- Verification: Allow β₯10 minutes for on-chain confirmation before validating the task.
π° Prize Structure
- Total Pool: 50,000 USDC (distributed daily)
- Daily Allocation: 2,500 USDC to 80 winners via blockchain hash selection.
π Learn more about CCTP Bridge
What Is Cryptopedia?
Cryptopedia is a gateway to decentralized applications (DApps), designed to:
- Showcase emerging blockchain projects.
- Simplify Web3 onboarding with curated tasks.
- Reward users for exploratory interactions.
Rewards Breakdown
π Daily Prizes
- 1st Prize: 5 winners Γ 100 USDC
- 2nd Prize: 50 winners Γ 30 USDC
- New User Bonus: 25 OKX DEX newcomers Γ 20 USDC
Note: Users can win multiple prize tiers.
How to Participate
- Download the OKX App (v6.41.0+) or update your existing app.
- Navigate to Web3 Wallet and access the Discover tab.
- Select Cryptopedia β Chapter 12: CCTP (Circle).
- Complete the cross-chain task and validate after 10 minutes.
π Pro Tip: Avoid last-minute submissions to ensure smooth verification.
About CCTP (Circle)
CCTP is a permissionless protocol by Circle that enables native USDC transfers across blockchains by:
- Burning USDC on the source chain.
- Minting equivalent USDC on the destination chain.
- Eliminating liquidity fragmentation for seamless cross-chain swaps.
Important Notes
- Rewards are distributed post-event and subject to eligibility checks.
- OKX reserves the right to modify or cancel the event without prior notice.
- Participants must comply with OKX Wallet Terms.
π¨ Disclaimer: Digital assets are volatile. OKX isnβt liable for value fluctuations or technical errors.
FAQ Section
Q1: Can I participate multiple times daily?
A: Noβonly one validated task per day counts toward rewards.
Q2: How are winners selected?
A: Via blockchain hash randomness for fairness.
Q3: Is there a fee for CCTP transactions?
A: Standard network (gas) fees apply, varying by chain.
Q4: When will prizes be distributed?
A: Within 14 days after the event concludes.
OKX Wallet remains committed to enhancing your Web3 journey! For support, contact our team via the app.