Ondo Finance x NAVI Protocol Campaign with Sui Wallet
Feb 26 01:00 UTC - Mar 12 01:00 UTC
End
$10,000 to the top 100 participants & $25,000 distributed to 2500 more winners.
Ondo, Sui Wallet, and NAVI bring you along to explore the capital efficiency of RWAs in DeFi. USDY is a tokenized US Treasury yieldcoin with daily acruing yield, bringing real-world value to the Sui DeFi ecosystem, supercharged on NAVI.
Supply USDY liquidity on NAVI to earn points and become eligible for a share of the $35,000 in NAVX and USDY combined rewards.
$35,000
Total Prize
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Leaderboard Rewards: $10,000 for the Top 100 Winners
Tier
Ranks
Total Amount
Rewards
1st
1
$1,500
$1,500
2nd-5th
4
$2.000
$500
6th-10th
5
$1,500
$300
11th-25th
15
$2,000
$133.33
26th-50th
25
$2.000
$80
51st-100th
50
$1,000
$20
Raffle Rewards: $25,000 across 2,500 Winners
- Flat Distribution: Each winner receives the same prize amount.
- Prize per Winner: $10
- Total Winners: 2,500
- Raffle Entry Criteria: Assign 1 ticket per point
- Users who make the top 100 leaderboard will not be eligible for the raffle.
ONDO campaign reward calculation:
Each winner will receive their rewards in both USDY and NAVX with a ~ 2.5 USDY to 1 NAVX ratio.
⚠️ NOTE: USDY is not, and may not be, offered, sold, or otherwise made available in the US or to US persons. USDY has not been registered under the US Securities Act of 1933, as amended ("Act") or pursuant to securities laws of any other jurisdiction, and may not be offered, sold or otherwise transferred in the US or to US persons unless registered under the Act or an exemption or exclusion from the registration requirements thereof is available. Additional restrictions may apply. Ondo USDY LLC, the issuer of USDY, is not registered as an investment company under the US Investment Company Act of 1940, as amended. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, USDY. Acquiring USDY involves risks. A USDY holder may incur losses, including total loss of their purchase price. Past performance is not an indication of future results.
Ondo does not endorse, Ondo does not make any representation or warranty whatsoever (express or implied, including but not limited to any warranty of merchantability, fitness for a particular purpose or non-infringement) regarding, and ONDO SHALL NOT HAVE ANY LIABILITY WHATSOEVER WITH RESPECT TO ANYONE'S USE OF, any third-party products, services or technologies referenced herein. Additional terms apply. Visit http://ondo.finance/usdy for details.
