With a series of firsts, including a pioneering cFyF technology, stablecoins airdrops during the presale, and comprehensive offerings, Octoblock is indeed a revolution never seen in DeFi.
Octoblock is a uniquely packaged strategy of innovations beyond finance. It pursues profitability and philanthropy through pioneering DeFi products (''DeFi 2.0'').
A crypto airdrop features a crypto token or coin reward distributed to wallet addresses in exchange for tasks completed, including participation in the project's socials, referrals, or getting particular crypto holdings in a compatible wallet. As a marketing strategy, airdrops create awareness, attracting users who will eventually distribute tokens to reach a wider audience. Airdrops encourage participation in a project's ecosystem. Users need to provide wallet addresses to the project and perform its required tasks to be eligible and upon completion, they will receive the allocated tokens directly in their wallets.
Octoblock's approach to reward token holders during the ongoing presale demonstrates a platform placing investor interests before profits. Octoblock's investor welfare is fortified through its Crowd Funded Yield Farming strategy (cFyF) which empowers participants to have a say in the platform and take charge of their welfare through voting and other collective efforts.
Octoblock's strategy of promoting sustainable profits and rewarding investors during presales is driven by the Nautilus Trove. The Trove pools profits via various revenue-generating activities such as farming and staking. The profits go to charitable trusts, holder rewards, and fund managers, and the rest is reinvested to maintain profitability and a sustainable platform. The Nautilus Trove directly links to The Tentacle Trust and Saltwater Sweepstake approaches. The Tentacle Trust handles charity in collaboration with registered institutions, and it partners with Tesla to pursue carbon reduction causes.
Investor USDC rewards are distributed through monthly airdrops to wallets holding the OCTO tokens. The airdrop's timing will not be public until the completion of the holders' snapshot to prevent any system manipulation or temporary purchases by dishonest individuals trying to become eligible for airdrops.
The draw is completed after the prize reaches the winning address, and winners are responsible for the security of their wallets. The Sweepstake strives for transparent events to ensure fair and equitable prize distribution based only on holdings. The USDC allocation commensurate with holdings such that a holder with 0.1% of the non-LP tokens (OCTO) at the snapshot moment, receives 0.1% for that month's airdrop. Holding tokens in LP will make it ineligible for distribution.
During the ongoing ICO in phase three, OCTO tokens are priced at $0.037, with a 13% bonus, and holders participate in the ICO staking process. ICO holders can check the website using the link below for the current Annual Percentage Yield (APY).
Buy OCTO: https://reef.octoblock.io/register
Website: https://octoblock.io/
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