đOverview
Overview of the Kingdom of ANTS Nest Wars
1. Overview:
The Nest Wars is a community-driven competition designed for crypto projects to compete for liquidity grants. By simply performing actions and using the platform, the Nest will earn points to boost their project's standing in the Nest Wars leaderboard. The more points a Nest accumulates, the larger it becomes.
By the time the Kingdom of ANTS DEX launches, the top three and one random Nest will receive a significant liquidity boost.
2. Eligibility:
Any crypto project with a community can participate. A project becomes a "Nest" once it officially enters the competition. The project must launch its token before the competition ends to receive a liquidity grant.
3. Selection Process:
Users choose the nest to support, and when they perform actions in the Kingdom of ANTS platform, they generate points for the selected nest.
4. Leaderboard:
The Nests are ranked based on the total number of points they receive. The leaderboard is updated in real-time, displaying the number of points each Nest has accumulated.
5. Prize:
The three Nests with the most points at the DEX launch will receive a boost to their liquidity pool on the Kingdom of ANTS multichain DEX. The first place receives $25,000, the second $15,000, the third $10,000, and one random Nest $10,000.
6. Recurring Competition:
After the DEX launch, the competition will become a recurring monthly event. The leaderboard will be reset, and new prizes for the largest Nests will be set at $10,000, $5,000, and $2,500 for the first, second, and third place, respectively.
7. Purpose:
Nest Wars aims to promote community engagement, increase project visibility, and provide a new source of liquidity. It allows communities to have an active role in the project's success.
8. Start Date:
Projects that join before the launch of the Kingdom of ANTS Gamified DeFi platform will receive additional 10 points. Nest Wars will start officially same time as the Kingdom of ANTS platform and token launch. Exact Date: TBA
9. End Date (DEX Launch):
Nest Wars will end on the launch of the Kingdom of ANTS multichain DEX.
Exact Date: TBA
10. Monthly Reset Date:
The leaderboard will be reset on the first day of each month, starting from the month after the DEX launch.
11. Rules:
Read all the competition rules here
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