SubDAO Polygon Public Beta Event Up to$150,000 in Total Reward

SubDAO Protocol
3 min readOct 24, 2022

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SubDAO DApp has been launched on Polygon, Ethereum, Moonbeam, and BNBChain, and is now officially open for public testing. The campaign is running on the Polygon network, and there are two prize pools, “Giveaway” and “Ranking,” totaling $150,000 worth of prizes.

Giveaway Award, awarded for completing tasks, will be divided into $100,000 and GOV tokens.

Ranking Awards are divided into four categories: “Builder” Ranking Prize, “Contributor” Ranking Prize, “Pioneer” Ranking Prize, and “Guardian” Lucky Prize, which is awarded $5,000 per week.

To participate, please visit: https://www.subdao.network/

Activity time: Start as soon as the announcement is made

Ending time: Will be announced based on event participation

*Since some protocols integrated by SubDAO are not compatible with all networks, and no alternative protocols have been decided yet. When you switch networks, you may encounter some functions not supported for the time being.

Rules:

I. Giveaway Prize, complete the task to get the prize

Prize pool: Up to 100,000 equivalent in USDT

Complete the tasks and accumulate points for the corresponding tasks. A minimum of 15 points to qualify for the reward. The higher the accumulated points, the higher the rewards will be. Rewards will be issued within 5 working days after the end of the public beta event.

II. Contributor Prize Pool: $5,200 per week

Builder: DAO assets (TAV) weekly additions, the TOP 3 DAOs

Contributor: After DAO initiates fundraising, the number of addresses participating in the subscription increases every week, ranking the TOP 3 DAOs

Pioneer: Weekly additions of individual addresses to the DAO, TOP 3 addresses

Guardian: Addresses that have not received the above rewards but meet the following conditions have the opportunity to receive rewards (50 ~ 250 USDT)

💰Reward distribution: GMT (Greenwich Mean Time) Data snapshot will be taken randomly every Thursday, and the reward will be announced and distributed on the following day. Among them, Builder, Contributor, and Guardian rewards will be sent to the DAO Owner’s address.

Note:

DAO Owner address, which is the creator address of the DAO.

All USDT rewards for this campaign are issued on the Polygon network.

Each address will only be rewarded once for the Guardian Reward.

All GOV rewards for this activity will be issued within 2 business days after TGE. The main network to which the GOV token belongs will be subject to TGE announcement.

SubDAO reserves the right to the final interpretation of this activity.

About SubDAO

SubDAO is a multi-chain DAO protocol that help manage digital assets through multi-signature, voting and other various decentralized features. SubDAO is committed to providing a general and widely applicable DAO tool in venture capital and digital assets management field.
The founding team of SubDAO is composed of the former Technical Team leader of the IBM Group and many early well-known developers. SubDAO has completed multi-million dollar financing from dozens of institutions including Hypersphere, Huobi Ventures, OKEx Blockdream Fund, CMS, Signum as well as investment by Messari founder Ryan Selkis.

Website: https://subdao.network

Github: https://github.com/SubDAO-Network/

Medium: https://medium.com/@subdao

Twitter: https://twitter.com/subdao_network

Telegram: https://t.me/subdao

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SubDAO Protocol
SubDAO Protocol

Written by SubDAO Protocol

SubDAO is a DAO infrastructure that helps manage digital assets through middleware, multi-sig, and other decentralized features.

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