Avalanche DeFi Saga with Rep3

Decentralized Finance (DeFi) Announcement Community DeFi

Avalanche DeFi Saga with Rep3

Feb 19, 2024 / By Avalanche / 3 Minute Read

Avalanche DeFi Saga with Rep3

Avalanche launches DeFi Saga, a DeFi questing campaign in collaboration with Rep3

Introducing the Avalanche DeFi Saga, in collaboration with Rep3!

The DeFi Saga is an extensive dive into the world of decentralized finance within the Avalanche Ecosystem. Get ready for a month-long adventure where you'll explore protocols through quests with specific on-chain tasks. By completing these tasks, you'll earn points and climb the leaderboard. At the end of the saga, you can claim your exclusive Avalanche DeFi Saga badge.

However, the badge is not the same for everyone. The more you participate, the better the badge!If it sound interesting? Here are the details of how it’ll work.

Ride the Waves

The Avalanche DeFi Saga will be operated in waves, each lasting two weeks and spotlighting five distinct protocols with their unique quests. Every quest has 2 tiers to unlock and receive points. The first week will feature the first tier of every quest and the second week will unlock the rest of the quest.

There will be a total of 2 waves and 10 quests spanning over 4 weeks.

Rewards Wave

Ultimately, once the final "rewards wave" is reached, participants can seize the opportunity to claim an exclusive “Avalanche DeFi Saga” badge.  The badge includes an on-chain property known as "level." Your level increases based on the points earned throughout the entire course, resulting in a higher level and, of course, a cooler badge.

Along with a badge, there is something prepared for the top scorers.

The projects

A total of 10 projects will be part of this initiative. Here’s a list of the protocols along with the wave they’ll get featured in.

Wave 1:

  • WooFi

  • Struct Finance

  • GoGoPool

  • YieldYak

  • Benqi

Wave 2:

  • Trader Joe

  • Hubble Exchange

  • Dexalot

  • GMX

  • Mux Protocol

Save the Date

Mark your calendars for February 19th! The first wave and quests will be live on the 19th for you to participate. Prepare yourself for an unforgettable adventure with the Avalanche DeFi Saga.

Learn more about rep3 here

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