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Home » “Sanctum Season 1 Airdrop: How to Participate in Jupiter Launchpad’s Leading Project”
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“Sanctum Season 1 Airdrop: How to Participate in Jupiter Launchpad’s Leading Project”

By adminApr. 30, 2024No Comments4 Mins Read
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"Sanctum Season 1 Airdrop: How to Participate in Jupiter Launchpad's Leading Project"
"Sanctum Season 1 Airdrop: How to Participate in Jupiter Launchpad's Leading Project"
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DeFi platform Jupiter’s LFG Launchpad voting leader, liquidity staking token (LST) project Sanctum, announced yesterday (29) on X that it will launch the first season reward event for Wonderland.

(Table of Contents:
How to Participate in Wonderland Activities
1. Sanctum Pets
2. Experience Points
3. Community Missions

Background:
Aggregating over 50% of DEX trading volume, how does Jupiter stand out in Solana DeFi?)

Solana’s all-in-one DeFi service platform Jupiter, which accounts for more than 50% of DEX trading volume, recently concluded the second round of LFG Launchpad voting, with Sanctum, the platform providing liquidity for the liquidity staking token (LST), ranking first with a voting rate of up to 64%. In addition, Sanctum announced yesterday (29) on X that it will launch the first season reward event for Wonderland.

First, click on the official website to enter the Wonderland page, or you can also click on the Du Qu invitation code page if you don’t mind. Then click on “Connect Wallet” to participate in the activity.

First, let’s take a look at Sanctum Pets. Each liquidity staking token (LST) has a corresponding pet. To own a pet, you need to hold at least 0.1 SOL worth of LST tokens. Currently, there are 18 pets corresponding to LST in Sanctum Pets.

Next, the value in the upper right corner represents the experience points earned by the pets. Pets earn experience points in the following way: Suppose Alice currently holds LST (pets) worth 1 SOL, these pets can earn 10 EXP per minute, which means that 1 SOL worth of LST can earn 10 EXP per minute. Pets can level up after earning a certain amount of experience points, with a maximum level of 999 and up to 3 evolution opportunities (the evolution system is not yet available).

Note: Users must have at least 1 SOL worth of LST for the corresponding pets to grow and earn EXP. Once the balance of LST drops below 0.1 SOL, the corresponding pets will enter hibernation mode and stop earning EXP.

In addition, clicking on the experience points allows you to view user statistics, including total experience points, global rankings, number of referrals, number of pets, and detailed information about individual pets.

Community missions are completed by all users together, and completing a mission will reward and unlock the next mission. 2 to 3 missions will be released each week, and rewards will be distributed on Fridays after completing the missions. If there are unfinished missions, the rewards will be retained and continued in the following week.

For example, if missions 1, 2, and 3 are released on Monday, and if the community completes mission 1 on Wednesday and mission 2 on Thursday but does not complete mission 3 before Friday, the system will only distribute the rewards for missions 1 and 2 on Friday, and mission 3 will continue in the following week.

There are a total of 18 types of LST corresponding to Sanctum Pets. Du Qu has selected LST INF for the tutorial.

First, click on the “LSTs” option in the left column, and in the Liquid Staking Token list, find the token with a checkmark next to it and the words “SANCTUM LST”.

After clicking, click on “BUY INF”, and the page will redirect to “Trade”. We need to exchange SOL or other LST for other LST (because Sanctum is a platform for LST exchange), and we cannot trade with non-SOL or LST tokens.

Reminder: Prepare some SOL or LST for trading as much as possible. Du Qu tested with 0.14 SOL in the wallet, but only 0.09 SOL could be exchanged during the transaction.

After completion, you can go back to the “Wonderland” page to check if the pet has been activated. If it has not been activated, you can wait a few minutes and check again or check if the activation conditions on the pet page have been met.

Related Reports:
Opportunity to make a profit with SOL> FTX will launch the second round of Solana auctions, and retail investors also have a chance to participate.
2024 Q1 public chain revenue analysis: Which chain is really profitable? Can Solana surpass Ethereum?
Despite peak congestion, does Solana also need Layer2 and Rollup?)

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