What benefits do Early Bird ALPs get?
In addition to LP yields in USDC, Early Bird ALPs will earn exclusive $AARK airdrops.
300,000 $AARK will be allocated to the program.
The airdrop will be distributed based on your shares in the total ALP size.
How to Participate?- Open your ALP position at https://app.aark.digital/lp
- Complete the Google Forms to get your wallet whitelisted.
*If you do not submit the Google Forms you won't be eligible for Early Bird ALP. - From the Liquidity page, click the banner that says, “Participate Early Bird Season 2.”
- Clicking the banner will present the ‘Participate’ button. Pressing the button will confirm your participation in Early Bird ALP Season 2. Make sure to do this by Oct. 20th, 11:59 PM UTC+0.
- Your funds will be locked for 2 months during Hard Lock-up. After 2 months, Soft Lock-up begins and you can withdraw your funds upon request. Further details will be announced at the end of Hard Lock-up.
How to Complete the Google Forms?
- Please share your Telegram handle, Twitter handle, wallet address, and the ALP size you opened during the deposit date in USD.
Benefits & Rules
- 300,000 $AARK will be allocated to the program.
- You must open at least 1x leveraged ALP position and confirm your involvement by pressing 'participate' button from the Liquidity page to participate by October 20th, 11:59 PM UTC+0.
- The airdrop amount is based on your shares in the total ALP size.
- Participants can deposit with ETH, USDC, and FRAX.
- If you participate with FRAX, you get 10% bonus $AARK rewards than using other collaterals.
- Balance must be on EVM chain wallet (Arbitrum, Ethereum, Polygon, etc are fine).
- There are Hard Lock-up/Soft Lock-up, and 150,000 $AARK will be allocated to each:
- Hard Lock-up: 2 months of mandatory lock-up.
- Soft Lock-up: 2 months of lock-up for extra rewards. You can withdraw with a request. - Important Note on Lock-up:
Soft Lock-up begins after Hard Lock-up. You cannot solely participate in Soft Lock-up.
For more information, please visit our Medium article:
https://aarkdigital.medium.com/aark-digital-early-bird-alp-season-2-benefits-and-rules-3d7bebe4315
Thank you for your support!
