DREP Trading Incentive Plan on Binance

DREP Foundation
3 min readJan 16, 2024

Exciting News for $DREP Holders! Our exclusive Incentive Plan is in full swing!

We’re thrilled to launch a massive Net Buying campaign on Binance, and the rewards are extraordinary! Participate to win a share of 34,000 $DREP and exclusive LookForGem NFT airdrops!

The more significant your volume, the higher your reward!

For every trader with net buying of 4,000 $DREP and more, we will award each and every one of you a LookForGem NFT, which you could utilize to share a annual rewarding pool of 2,000,000 $DREP through NFT Staking on LOOKFOR.

Get the rewards snowball rolling!!

Event Period

2024–01–18 to 2024–02–08

Rewards for TOP NET BUYERS of $DREP

Bigger Volume = Bigger Rewards

Top Net Buyer 1st Place — 10,000 $DREP

Top Net Buyer 2nd Place — 8,000 $DREP

Top Net Buyer 3rd Place — 6,000 $DREP

Top 1 Total Volume Trader — 10,000 $DREP

Special Reward !!

ALL Traders with Net Buying ≥ 4,000 $DREP

— LookForGem NFT x 1

https://opensea.io/collection/lookfor-gem

For every trader with net buying of 4,000 $DREP and more, we will award each and every one of you a LookForGem NFT, which you could utilize to share a annual rewarding pool of 2,000,000 $DREP through NFT Staking on LOOKFOR.

LookForGem NFT Utilities

- Early access to LOOKFOR platform, a pioneering NFT aggregator

- Earn a total 2 million $DREP per year (Value at $560,000 USDT currently, sharing by all stakers) through NFT Staking on LOOKFOR

- NFT as an ecosystem key granting prior access and privileges

- Higher rarity NFT will have higher staking returns

Net Buying Verification

  • Kindly submit a screenshot of your $DREP trading record (from 2024–01–18 to 2024–02–08) on Binance, inclusive of trading and transaction records.
  • Following this, kindly initiate the transfer of these tokens from your Binance accounts to your personal wallets.
  • Lastly, send us with your personal wallet addresses for verification purposes.
  • Ensure that all information is shared exclusively through the official admin @drepweb3 on Telegram.

Trading Volume Verification

Verify your DREP trading records on Binance during the specified time frame (from 2024–01–18 to 2024–02–08) through screen recording. We only accept videos for trading volume verification.

Important Notes about Rewards Distribution

  • Please note that the transaction of $DREP tokens must be performed on Binance within the specified time frame mentioned above to be eligible for rewards claiming. Transactions outside this designated period will not be approved within this campaign.
  • DREP tokens sent to users’ personal on-chain addresses must remain held at their respective on-chain addresses for a minimum of ONE WEEK to qualify for reward distribution.
  • The reward distribution for all winners is scheduled for February 19, 2024.
  • The interpretation rights of this campaign are reserved by DREP Foundation.

DREP Utility — Staking

By holding LFG and $DREP, you unlock exclusive access to our groundbreaking crypto’s first NFT-based staking program — DREP Staking, which grants you instant NFT liquidity, steady passive income and a share of annual rewards pool of 2,000,000 $DREP. Staking rewards can be claimed daily through LookFor, an all-in-one NFT trading marketplace aggregator.

Annual Total Staking Reward Pool: 2 million $DREP (Value at around $560,000 USDT currently)

Maximum Staking Limit: 4000 $DREP per LookFor Gem NFT

DREP is committed towards building Web 3.0 connectors and toolkits based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration.

Website | Twitter | Telegram | Telegram Announcements | Discord

--

--

DREP Foundation

DREP 2.0 is the decentralized credit-data middleware based on layer-2 facilities, to be the backbone of DeFi Credit Era.