APENFT

With significant growth in both its user base and Total Value Locked (TVL), Pencils Protocol has emerged as a leading DeFi platform on Scroll. To celebrate and engage its community, Pencils Protocol is introducing the SOUL NFT Drops, a special event designed to reward active participants within its ecosystem.The SOUL NFT <a href="https://medium.com/&#64;PencilsProtocol/scroll-ecosystem-becoming-more-for-the-web3-community-introducing-the-pencils-soul-nft-drops-405a529f083e" rel="noopener noreferrer nofollow">event</a> is set to launch on August 5th, 2024, at 00:00 UTC and will continue through the end of August 2024. The event duration may be adjusted based on participation levels. To be eligible for the rewards, participants must complete a ZK verification during the event period.How to Participate in the SOUL NFT Event<img src="https://academy-public.coinmarketcap.com/optimized-uploads/afb651f274a74b9680834fac0e2effbf.jpeg" />Participants can secure their SOUL NFT by following these steps:<ol><li>Link Social Identity: Users should connect their social identity to their account on the <a href="https://pencilsprotocol.io/soul" rel="noopener noreferrer nofollow">Pencils Protocol website</a>.</li><li>Complete ZK Verification: Users should finish the verification process within the event period to become eligible.</li><li>Mint the SOUL NFT: The <a href="https://pencilsprotocol.io/soul" rel="noopener noreferrer nofollow">minting process</a> is free, with gas fees based on real-time network costs on the Scroll chain. Each address can mint only once.</li></ol>Users have the chance to boost their rewards by inviting friends through a referral link. Referrers will earn 10% Pencils Points from their direct referrals and 5% from second-level referrals.Additional Participation BenefitsParticipants in the SOUL NFT event will have the opportunity to earn:<ul><li>Pencils Protocol Airdrop: Accumulate Pencils Points, which can be used for future token airdrops.</li><li>Vault Privileges: Access enhanced leverage and returns within the Pencils Vault.</li><li>Shop Discounts: Enjoy exclusive discounts in the Pencils Shop.</li><li>Auction Priority: Gain priority access to new project allocations.</li></ul>Collaboration with Industry PartnersThe SOUL NFT campaign is currently being promoted in collaboration with Trusta Labs, Galxe, and others. Users can also unlock additional rewards by participating through Galxe and Trusta Labs’ event portals. Details about incentives from ecosystem partners will be updated regularly and shared on <a href="https://twitter.com/pencilsprotocol" rel="noopener noreferrer nofollow">Pencils’ official X account</a>.Pencils Protocol invites its community to participate in the SOUL NFT event, an initiative aimed at enhancing user engagement and offering exclusive rewards within the DeFi space.About Pencils ProtocolPencils Protocol is a next-gen decentralized platform that offers auction services for blockchain native assets and RWAs, along with unified and leveraged yield aggregation services for users to potentially maximize asset utilization.For more information and updates, users can follow Pencils Protocol on official social media channels.Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Introducing the Community Focused Pencils SOUL NFT Drops

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