GAL (migrated to Gravity - G)

At Galxe, we’ve built our reputation around helping projects build strong products and communities within the Web3 space. By powering ecosystem campaigns for <a href="https://blog.galxe.com/project-galaxy-presents-2022-is-gonna-be-sol-cool-6445c43a942c" rel="noopener noreferrer nofollow">Solana</a>, <a href="https://medium.com/@galxe/project-galaxy-integrates-with-moonbeam-network-828ea04444e5" rel="noopener noreferrer nofollow">Moonbeam</a>, <a href="https://medium.com/p/ca38b0d97798" rel="noopener noreferrer nofollow">BNB</a> and <a href="https://medium.com/p/104e07edcdc9" rel="noopener noreferrer nofollow">Arbitrum</a>, Galxe has helped over 800 other projects generate awareness, acquire new users, and engage existing ones.We especially love powering learn-to-earn campaigns to educate communities so that they thrive in this new decentralized environment. That’s why we are ecstatic to announce our latest ecosystem campaign: Optimism Quests, which invites Web3 users to explore the Optimism ecosystem via a perpetual learn-to-earn model.Let’s Talk OptimismAn Ethereum-based decentralized platform allowing for instant and scalable smart contracts, <a href="https://www.optimism.io/" rel="noopener noreferrer nofollow">Optimism</a> has made waves in the industry not only through its value of simplicity, pragmatism, and sustainability but also through highly impactful projects for brands that don’t have business models to succeed. Through their pioneering “retroactive public goods funding,” Optimism is motivating Web3 entrepreneurs to produce public goods. This model incentivizes the building of open-source programs and pays creators based on the future usage volume of their creations. Until Optimism is fully decentralized, the Optimism Foundation will be directing all profits to the <a href="https://app.optimism.io/announcement" rel="noopener noreferrer nofollow">Optimism Collective</a>, an ecosystem built on the belief that healthy public goods are necessary to generate value to token holders, contributors, and community members. In addition to retroactive public goods funding, Optimism has also gained notoriety for their innovative governance experiments related to their Token House and Citizens’ House.Optimism Quests<img src="https://cdn-images-1.medium.com/max/1600/0*v-1cbWC_bSb0NELE">Partnering with Optimism to introduce Web3 users to their ecosystem via a fun learn-to-earn model was a no-brainer. The Optimism Quests gives individuals new to Optimism the opportunity to enter the ecosystem risk-free, exploring dApps built on Optimism while earning NFTs along the way.<ol><li>Learn</li></ol>Users begin by entering the <a href="https://app.optimism.io/quests" rel="noopener noreferrer nofollow">Optimism Quest Hub</a>. Here you will be directed to read short educational content about the participating ecosystem projects. To ensure you are confident in understanding what the project does, you will then take a short quiz that will prepare you for the on-chain tasks to follow (note: passing the quiz is required to proceed and complete the tasks).<ol><li>Earn</li></ol>After completing a specific project’s quiz, users will go on to accomplish the project’s on and off-chain tasks. Once users perform all specified behaviors, they will be eligible to mint the project’s special Optimism Quest NFT on their Galxe campaign page. Holding the NFT may yield immediate and/or future utility from the project(s), and furthermore, if users collect a certain total number of NFTs from all the participating Optimism Quests projects, then they will be eligible to receive unique characteristics for the upcoming Optimism NFT PFP mint.It’s Go Time!A total of 18 projects are leveraging the Galxe infrastructure and running this campaign. The large amount of project participation gives users an opportunity to accrue a multitude of NFTs as they explore the OP ecosystem. After passing each projects’ quiz, the tasks required to complete their Quests are below:<ul><li>Project 1: <a href="https://galxe.com/Optimism/campaign/GCYUiUtXry" rel="noopener noreferrer nofollow">Pika</a></li></ul>Tasks:<ul><li>Open a trade (with margin of at least 30 USDC)</li><li>Add liquidity to the USDC vault(with amount of at least 30 USDC which is locked for 3 days)</li><li>Project 2: <a href="https://galxe.com/Optimism/campaign/GCYaiUtX17" rel="noopener noreferrer nofollow">Rubicon</a></li></ul>Tasks:<ul><li>Swap tokens (&gt;$20)</li><li>Provide liquidity in a pool (&gt;$20)</li><li>Follow <a href="https://twitter.com/rubicondefi" rel="noopener noreferrer nofollow">@rubicondefi</a> on Twitter</li><li>Join Rubicon’s <a href="https://discord.com/invite/E7pS24J" rel="noopener noreferrer nofollow">Discord</a> server</li><li>Additional Rewards: Explorer role in the Rubicon Discord</li><li>Project 3: <a href="https://galxe.com/Optimism/campaign/GCpRiUtr5w" rel="noopener noreferrer nofollow">Velodrome</a></li></ul>Tasks:<ul><li>Add 20 USD as LP to a stable pool (e.g., USDC-DAI) and stake it</li><li>Follow <a href="https://twitter.com/VelodromeFi" rel="noopener noreferrer nofollow">Velodrome</a> on Twitter</li><li>Additional rewards: 5 OP to the first 1000 successful campaigners</li><li>Project 4: <a href="https://galxe.com/Optimism/campaign/GCmCiUtj6d" rel="noopener noreferrer nofollow">Perpetual Protocol</a></li></ul>Tasks:<ul><li>Place a trader on Perp with the requirement that the position size is at least 100USDC</li><li>Additional Rewards: All Perp Fi traders who participated in Optimism Quests will get a special NFT as a reward</li><li>Project 5: <a href="https://galxe.com/Optimism/campaign/GCduiUt3p6" rel="noopener noreferrer nofollow">Quix</a></li></ul>Tasks:<ul><li>Purchase an NFT on Quix (min purchase&nbsp;.0099 ETH)</li><li>Follow <a href="https://twitter.com/qx_app" rel="noopener noreferrer nofollow">@qx_app</a> on Twitter</li><li>Additional Rewards: Galax Discord Role / Entered in a Bored Town / NFT Giveaway (5 Winners)</li><li>Project 6: <a href="https://galxe.com/Optimism/campaign/GC1ZiUtRRW" rel="noopener noreferrer nofollow">Pool Together</a></li></ul>Tasks:<ul><li>Deposit ≥ $20 into PoolTogether on Optimism</li><li>Follow <a href="https://twitter.com/PoolTogether_" rel="noopener noreferrer nofollow">PoolTogether</a> on Twitter</li><li>Project 7: <a href="https://galxe.com/Optimism/campaign/GCE6iUtfcu" rel="noopener noreferrer nofollow">Lyra</a></li></ul>Tasks:<ul><li>Trade &gt; $100 in premiums on <a href="https://galxe.com/Optimism/campaign/Lyra" rel="noopener noreferrer nofollow">Lyra</a></li><li>Follow <a href="https://twitter.com/lyrafinance" rel="noopener noreferrer nofollow">Lyra</a> on Twitter</li><li>Project 8: <a href="https://galxe.com/Optimism/campaign/GCXDiUtmVW" rel="noopener noreferrer nofollow">Hop Protocol</a></li></ul>Tasks:<ul><li>Provide<a href="https://app.hop.exchange/#/pool?token=ETH&amp;sourceNetwork=optimism&amp;destNetwork=optimism" rel="noopener noreferrer nofollow"> liquidity</a> to a Hop AMM on Optimism. Meet any of the following requirements (or a combination) will be eligible:</li><li>Examples for stablecoins:</li><li>$200 for 3 months ($18,250/200 =91.25 days)</li><li>$500 for 1 month ($18,250/500 =36.6 days)</li><li>$1000 for 18 days ($18,250/1000 =18.25 days)</li><li>$2000 for 9 days ($18,250/2000 =9.125 days)etc.</li><li>Examples for $ETH:</li><li>0.2 ETH for 60 days (12/0.2 = 60 days)</li><li>0.3 ETH for 40 days (12/0.3 = 40 days)*0.5 ETH for 24 days (12/0.5 = 24 days)</li><li>1 ETH for 12 days (12/1 = 12 days)</li><li>Project 9: <a href="https://galxe.com/Optimism/campaign/GCZeiUtyYt" rel="noopener noreferrer nofollow">Granary Finance</a></li></ul>Tasks:<ul><li>Lend 50$ worth of assets on the Granary</li><li>Borrow 20$ worth of assets on the Granary</li><li>Follow Granary on <a href="https://twitter.com/GranaryFinance" rel="noopener noreferrer nofollow">Twitter</a></li><li>Join Granary’s <a href="https://discord.com/invite/granary" rel="noopener noreferrer nofollow">Discord</a></li><li>Additional Rewards: Future airdrop of our Token if all tasks are completed (per snapshots) / NFT airdrop of future NFT project / Discord role to holders of this NFT</li><li>Project 10: <a href="https://galxe.com/Optimism/campaign/GC6HiUtSAs" rel="noopener noreferrer nofollow">Stargate Finance</a></li></ul>Tasks:<ul><li>Bridge a minimum of $100 USDC to OR from Optimism on <a href="https://stargate.finance/transfer" rel="noopener noreferrer nofollow">Stargate Finance</a></li><li>Additional rewards: Stargate will be running a limited <a href="https://www.galxestargatoronft.com/mint" rel="noopener noreferrer nofollow">oNFT</a> promotion for people that mint the Stargate OP badge</li><li>Project 11: <a href="https://galxe.com/Optimism/campaign/GCXziUt1Jd" rel="noopener noreferrer nofollow">Clipper</a></li></ul>Tasks:<ul><li>Deposit &gt; $20 OP main pool • Swap &gt; $2 0OP main pool</li><li>Make a deposit or swap &gt; $20 OP in any OP Cove</li><li>Follow <a href="https://twitter.com/Clipper_DEX" rel="noopener noreferrer nofollow">Clipper</a> on Twitter</li><li>Follow <a href="https://twitter.com/shipyardsw" rel="noopener noreferrer nofollow">Shipyard</a> on Twitter</li><li>Join <a href="https://discord.com/invite/clipper" rel="noopener noreferrer nofollow">Clipper’s</a> Discord</li><li>Additional Rewards: Display the NFT in Clipper’s character profile inventory screen</li><li>Project 12: <a href="https://galxe.com/Optimism/campaign/GCZ9iUtZHF" rel="noopener noreferrer nofollow">Kwenta</a></li></ul>Tasks:<ul><li>Open a position worth at least $100 notional</li><li>Connect your Discord to <a href="https://discord.com/invite/kwenta" rel="noopener noreferrer nofollow">Kwenta</a></li><li>Follow <a href="https://twitter.com/kwenta_io" rel="noopener noreferrer nofollow">Kwenta</a> on Twitter *Note: On-chain task will be changed when cross margin launches</li><li>Once cross margin launches, the task will be switched to open $100 notional in a cross margin wallet Additional Rewards Earning “The League” role in Kwenta’s Discord</li><li>Project 13: <a href="https://galxe.com/Optimism/campaign/GCZpiUtEUv" rel="noopener noreferrer nofollow">Beethoven</a></li></ul>Tasks:<ul><li>In October, invest at least the equivalent of 0.05 ETH or rETH into Rocket Fuel pool, stake the BPT and leave it staked for at least 24h (all times in UTC)</li><li>In November, invest at least the equivalent of 0.05 ETH or rETH into Rocket Fuel pool, stake the BPT and leave it staked for at least 24h (all times in UTC)</li><li>In December, invest at least the equivalent of 0.05 ETH or rETH into Rocket Fuel pool, stake the BPT and leave it staked for at least 24h (all times in UTC)</li><li>Project 14: <a href="https://galxe.com/Optimism/campaign/GC6NiUtWQn" rel="noopener noreferrer nofollow">Uniswap</a></li></ul>Tasks:<ul><li>Swap $20 work of tokens on Uniswap between at least 2 swaps</li><li>Project 15: <a href="https://galxe.com/Optimism/campaign/GCp8iUtuvp" rel="noopener noreferrer nofollow">Synapse</a></li></ul>Tasks:<ul><li>Deposit either $20 worth of ETH or stablecoins in Synapse’s <a href="https://synapseprotocol.com/pools" rel="noopener noreferrer nofollow">stableswap LPs</a></li><li>Project 16: <a href="https://galxe.com/Optimism/campaign/GC8SiUtNG9" rel="noopener noreferrer nofollow">Mai Finance</a></li></ul>Tasks:<ul><li>Follow Mai Finance on <a href="https://twitter.com/QiDaoProtocol" rel="noopener noreferrer nofollow">Twitter</a></li><li>Like and Retweet the campaign launch tweet</li><li>Join <a href="https://discord.gg/mQq55j65xJ" rel="noopener noreferrer nofollow">Discord</a> to get “MAI Family” role</li><li>Visit <a href="https://guide.qidao.community/" rel="noopener noreferrer nofollow">https://guide.qidao.community/</a></li><li>Open a <a href="https://app.mai.finance/vaults/create" rel="noopener noreferrer nofollow">Vault</a></li><li>Deposit OP or WETH</li><li>Borrow at least 100 MAI (there’s 0% interest so users can keep it open without incurring in costs until repayment)</li><li>Keep the “health ratio” within a certain range. If the vault has a fire🔥 next to it, it’s eligible</li><li>OP will be airdropped to these users a week after they start borrowing</li><li>On-chain tasks completed! (Snapshot will be updated weekly)</li><li>*Notes on the CDR range: CDR is Collateral to Debt Ratio, a health ratio number that means the opposite of Loan To Value (LTV). Divide Collateral deposited by Debt and multiply by 100 to manually get this number…</li><li>WETH has a minimum CDR of 130% so to be eligible users have to have their CDR between 155% and 400%</li><li>OP has a minimum CDR of 155% so to be eligible users have to have their CDR between 180% and 425%</li><li>Project 17: <a href="https://galxe.com/Optimism/campaign/GCohiUtB2E" rel="noopener noreferrer nofollow">Polynomial</a></li></ul>Tasks:<ul><li>Have an active position in any of the Polynomial Earn v2 Vaults</li><li>Follow <a href="https://twitter.com/PolynomialFi" rel="noopener noreferrer nofollow">Polynomial</a> on Twitter OR Join <a href="https://discord.com/invite/polynomial" rel="noopener noreferrer nofollow">Polynomial’s</a> Discord</li><li>Project 18: <a href="https://galxe.com/Optimism/campaign/GC8ViUtQ73" rel="noopener noreferrer nofollow">Synthetix</a></li></ul>Tasks:<ul><li>Stake a minimum of 100 SNX and claim weekly rewards at least twice</li></ul>NOTE: Furthermore, Quest NFTs can be used to unlock different traits in [redacted].Tier 1: Earn ≥4 distinct Quest NFTs to unlock [redacted]Tier 2: Earn ≥7 distinct Quest NFTs to unlock [redacted]Tier 3: Earn ≥10 distinct Quest NFTs to unlock [redacted]Twitter SpacesOn September 14th, 15th, and 16th, Galxe held a trio of Twitter Spaces with Optimism and the 18 participating projects. Each Space was a short panel-like experience moderated by Optimism where each project shared about who they are, what they do, what sets them apart, and how to complete their Optimism Quest. Attendees of each space were able to claim a unique NFT, which may yield additional utility/rewards in the future.See You There!Galaxy is extremely excited to be partnering with Optimism to power Optimism Quests. Quests are a great way for all Web3 users to get familiar with the OP ecosystem. Optimism has shown great care with the creation of this new feature, and they have also been incredibly thoughtful from day one with designing each aspect of their L2 ecosystem.We hope you’ll be space pioneers and embark on these Quests with gusto and wonder. See you on the horizon!Get started now -&gt; Optimism Quest hubAbout GalxeGalxe is the leading Web3 credential data network in the world. A collaborative credential infrastructure enabling brands and developers to engage communities and build robust products in Web3.Join Galxe Community<a href="https://galxe.com/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://docs.galxe.com/" rel="noopener noreferrer nofollow">Docs</a> | <a href="https://twitter.com/GalxeHQ" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://www.instagram.com/galxehq/" rel="noopener noreferrer nofollow">Instagram</a> | <a href="https://blog.galxe.com/" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://discord.com/invite/galxe" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://t.me/ProjectGalaxyHQ" rel="noopener noreferrer nofollow">Telegram</a> | NewsletterFor developers &amp; NFT artists who are interested in working with Galxe’s partner network, <a href="https://discord.com/invite/galxe" rel="noopener noreferrer nofollow">join our Discord community</a> and learn more.

Galxe x Optimism: Optimism Quests

Galxe

Other articles published on Oct 11, 2022

BNY Mellon, the Oldest Bank in America, Will Offer Crypto Custody Services

$KOACOMBAT SPORTS NUTRITION LINE IS FLYING OFF THE SHELF

Caduceus Weekly Report 30

Decentraland Games To Introduce Scavenger Hunt

DefiLIama founder announces NFT lending protocol

CNN accused of rug pull following the abandoning of its NFT project

Join our free newsletter for daily crypto updates!