LSP Season 2 airdrop activity begins. Complete the tasks to get corresponding gems. Gems can be exchanged for future airdrops. The airdrop is tentatively scheduled to be launched in the first quarter of 25
The airdrop activity in Season 1 of LSP uses a points system, while the second season uses a gem system. You will get corresponding gems by completing corresponding tasks. The more gems you have, the more airdrops you can redeem in the future.
Currently, the tasks include signing in, following the official account, asset trading, pledging MANTA, pledging ALEO, invitations, etc., as shown in the figure below. By completing the tasks, you can not only get gems to exchange for future token airdrops, but also gain experience to upgrade your account. The account level corresponds to your invitation reward, 5%-20%. Users who reach level 8 can form a guild and earn 20% gem rewards. Stay tuned for more tasks.
The staking yields of MANTA and ALEO are synchronized with the chain in real time. Now the annual staking yield of MANTA is about 20%, and the annual staking yield of ALEO is about 10%. If you have the corresponding currency and will not sell it in the short term, you can consider staking it. Not only can you get a high staking yield on the chain, but you can also get gems rewarded by LSP and obtain future LSP airdrops. The official airdrop is tentatively scheduled to be launched in the first quarter of 25 years. It is very worthwhile to participate.
By the way, the MANTA and ALEO pledge on LSP adopts on-chain pledge. The platform does not hold your assets. You can release them at any time after pledging, and the income is calculated every day. However, because it is on-chain pledge, there is an exit cycle for release. MANTA will be credited to the account 7 days after the release of the pledge, and ALEO will be credited to the account 24 hours later, which is one day.
LSP is managed by a wallet and uses the ARB chain. When pledging, just follow the platform steps to transfer the coins to the corresponding address on the chain. After that, the platform will send a corresponding number of coins to your ARB chain address. This coin is used for calculations on the LSP platform and has no value. Do not touch it. It represents your rights and interests in the pledged coins on the LSP platform. When you cancel the pledge, a smart contract will be executed. You transfer this coin to the platform, and the platform will transfer your pledged coins and the income from the pledged coins to you. I believe that those who have played the on-chain pledge understand that after you pledge, don't touch the coins sent to your ARB chain. If you lose it, the coins you pledged on the chain will be gone, because the coins sent to your ARB chain need to be returned during decompression. The smart contract needs to be executed here, so a little ETH on the ARB chain is needed as GAS.
Currently, only MANTA and ALEO can be pledged on LSP. In the future, more currencies will be pledged, as well as some other functions. Stay tuned.
By the way, if you don’t want to wait until the MANTA and ALEO in the pledged coins are unpacked before cashing them out, you can also transfer the rights and interests directly on the LSP platform. The LSP platform has a built-in trading function, which can directly sell the pledged coins into your ARB wallet. Of course, you can also buy other people’s pledged coins directly on the LSP platform. You can buy them when the ARB chain in the wallet is ready. More platform functions are waiting for you to explore. The link is https://app.lsp.finance?r=U2FsdGVkX195s-IE1pKKD4S1m6OZlGNWjNLIKaqhEwTXehmYJgog0y6Re3RXIsApSR_2sQuiGgfztzL4rCkZRA
