Hello, this is the CAPPY team.
we are announcing the CAPPY Reward Phase 2 along with the eagerly awaited news of the $CAPPY token airdrop.
By formalizing the $CAPPY token airdrop, CAPPY Reward Phase 1 is scheduled to end on April 30, 2024. Users holding CAPPY rewards earned in Phase 1 will be able to apply for conversion to $CAPPY token when the conversion feature is opened.
The end of CAPPY Reward Phase 1 simply means the cessation of distribution of CAPPY rewards earned through in-app activities and missions. It does not imply that held CAPPY rewards will be converted into or disappear as different assets.
Already received CAPPY rewards can still be viewed in the reward wallet, and users can apply for conversion to $CAPPY token when the feature becomes available, just like before.
CAPPY Reward Phase 2 is set to run from May 1, 2024, to August 29, 2024.
In Phase 2, the point rewards previously available only to CAPPY PASS NFT holders will be extended to all users on the Earn page.
Point rewards are in-app rewards that allow users to claim $CAPPY token proportional to their stake in the season’s airdrop pool. All users holding point rewards will be able to claim airdrop of $CAPPY token in future claim seasons using their accumulated points.
* Benefits for CAPPY PASS NFT holders: The range of point rewards, from 5% to 100%, will remain unchanged.
* CAPPY reward airdrop targeting Yellow Badge users will continue as before.
As of the start date of Phase 2, set for May 1st, 2024, all CAPPY rewards allocated to inactive users who haven’t logged in within the last 60 days will be burned. This measure is aimed at maximizing benefits for active users.
From August 30th, 2024, users who participated in Reward Phases 1 and 2 can claim $CAPPY token using their held CAPPY rewards and point rewards.
Detailed instructions regarding the claiming process and the conversion rate, to be determined later, will be provided in a future announcement.
* CAPPY rewards can be converted to $CAPPY token according to the conversion rate determined in the future.
* Users holding point rewards can claim $CAPPY token airdrop using their accumulated points in each claim season.
All users can earn point rewards based on interactions through in-app activities (Earn) and social channels (such as Tweet events).
For detailed information, please refer to the in-app (Earn) section or social channel events.
- Benefits for CAPPY PASS NFT holders: The range of point rewards, from 5% to 100%, will remain unchanged.
- The list of in-app activities (Earn) and reward details may be added to, modified, or removed at any time.
- Invitation rewards are earned for both me and my friend when they register with an invite code.
- Friends rewards entail accruing 10% of the rewards earned by my friend on the previous day.
- $CAPPY token received through airdrop cannot be exchanged or transferred until they are listed on a cryptocurrency exchange (CEX).
- Rewards obtained through fraudulent methods may be revoked, and claims for $CAPPY token may be rejected.
- The CAPPY team will never ask users for payment or personal information in relation to $CAPPY Token airdrop.
- $CAPPY airdrop will be conducted through the CAPPY app. Please do not provide information or connect wallets through any separate websites or apps.
We appreciate your attention and participation. Thank you.
CAPPY Official Link:
(Google Play / App Store / Twitter(x) / Discord / Telegram )
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