Last year, we introduced a HODL campaign as part of our 1st Birthday Celebration. This year, to celebrate our recent partnership with Neo, we’re bringing back the Switcheo Chest event, and upsizing the prize pool from 3,000,000 SWTH to 5,000,000 SWTH. We present to you Switcheo HODL Elite. Thank you for your continued support!
Participants that commit to holding at least 100,000 SWTH for 90 days in Switcheo Chest will earn from a pool of 5,000,000 SWTH. Switcheo Chest will be available for users to commit their SWTH on 22 January, 12:00 UTC+8 and participants should lock up their tokens from 22 January, 12:00 UTC+8 to 21 April, 12:00 UTC+8.
SWTH earned will be credited to the user’s wallet at the end of the event. Distribution of earned tokens will be conducted within 2 weeks from the end of the campaign.
Reward Calculation: (Committed amount by user * No. of days locked) / Σ (Committed amount for each user * No. of days locked for each user) * Total pool amountHow to HODL
Step 1: Login and deposit SWTH into your contract balance
Head to Switcheo Exchange and log in using Switcheo Account or a blockchain wallet that contains your SWTH. Once logged in, switch to the All Tokens tab and type “SWTH” in the search bar.
For Switcheo Account login: Click on the Deposit tab to retrieve your Neo address. Send SWTH directly from another wallet or exchange. Switcheo Account automatically deposits SWTH into your contract balance.
For wallet-based login: Click on the Deposit tab and key in the amount of SWTH you would like to commit. This will transfer SWTH tokens from your wallet balance to the contract balance.
If this is your first time using Switcheo, you can buy SWTH here and view A Beginner’s Guide to Switcheo here.
Step 2: Navigate to the Switcheo Chest page
After your tokens have been successfully transferred, click on the menu bar on the top right corner. Under the ...