A Guide to the OKX Cryptopedia Season 26 BOB Network Event

OKX Wallet has announced the launch of the twenty-sixth season of its popular Cryptopedia series. This edition, centered around the BOB Network and its ecosystem, offers participants the chance to earn a share of a massive 300,000 USDT prize pool in BOB tokens and other exclusive rewards by completing various interactive tasks.

This initiative is designed to help users explore promising decentralized applications (DApps) and engage with new blockchain ecosystems in a guided, rewarding way.

Event Overview and Key Rules

The core premise of Cryptopedia is simple: users complete specific on-chain tasks with partner projects to earn rewards. Season 26 is a dedicated BOB Network showcase, featuring collaborations with several key ecosystem players.

A crucial feature of this season is its equal distribution model for the main task reward pool. This means that all participants who successfully complete and verify tasks are guaranteed to receive a portion of the rewards, making it an accessible event for everyone.

Event Period: The event begins on November 5, 2024, at 20:00 (UTC+8) and concludes on December 4, 2024, at 23:59 (HKT).

Invitation Reward Program

An additional reward tier is available for users who refer friends to the event.

• Task: Share your unique invitation code. A referral is counted as valid once your friend binds the code, holds assets worth more than 10 USDT on the BOB mainnet, and completes at least one Cryptopedia task from this season.
• Reward: The top 1,000 users with the most valid invites will share a prize pool of 50,000 USDT in BOB tokens, with distributions based on final rankings.

Detailed Task Breakdown and Rewards

The event is structured into several tasks, each offering a slice of the total reward pool.

1. BOB Network Social Media Tasks

Complete these simple social follow tasks to engage with the BOB community.

• Task: Follow BOB's official X (Twitter) account.
• Task: Retweet a designated post from BOB.
• Task: Join BOB's Discord server.
• Reward Pool: 30,000 USDT in BOB tokens.

2. BOB Bridge Interaction

This task involves moving assets onto the BOB network.

• Task: Use a Bitcoin Native SegWit address to bridge a minimum of 0.0001 BTC to the BOB network using BOB Bridge. You will receive wBTC or tBTC on BOB. Allow 30-60 minutes for confirmation before verifying the task. You will also receive free BOB_ETH for gas on BOB.
• Reward Pool: 40,000 USDT in BOB tokens.

3. Owlto Finance Tasks

Engage with Owlto Finance, a cross-chain interoperability protocol.

• Task: Follow Owlto Finance's official X account.
• Task: Use Owlto Finance to bridge assets from any supported chain to the BOB network.
• Reward: 30,000 USDT in BOB tokens, 5x Owlto Points, and eligibility for a separate 10,000 USDC lottery on Owlto's website.

4. BOB Stake Platform

This task involves Bitcoin liquid staking on the BOB network.

• Task: Use the BOB Stake platform to stake your Bitcoin. You can choose from providers like Bedrock (uniBTC), Pell (SolvBTC.BBN, uniBTC), and Solv (SolvBTC.BBN). Note that confirmations on the Bitcoin network can take 30-60 minutes.
• Reward Pool: 35,000 USDT in BOB tokens plus 100 million Solv Points.

5. BOB Lending Activities

Participate in the decentralized finance (DeFi) lending landscape on BOB.

• Task: Use the featured platform to convert native BTC into a lending position with Liquid Staking Tokens (LSTs). Markets include Segment Finance (seSolvBTC.BBN, seUNIBTC, tBTC, wBTC). Bitcoin network confirmation may take 30-60 minutes.
• Reward Pool: 35,000 USDT in BOB tokens.

6. OKU Exchange Tasks

Interact with OKU, a zero-fee DeFi platform.

• Task: Follow OKU's official X account.
• Task: Perform a token swap on the OKU (Uniswap v3) exchange on the BOB chain.
• Reward Pool: 40,000 USDT in BOB tokens.

7. Segment Finance Tasks

Engage with Segment Finance, a premier lending protocol.

• Task: Follow Segment Finance's official X account.
• Task: Provide liquidity on the Segment Finance platform.
• Reward: 40,000 USDT in BOB tokens, 10 million Spice Points, and 20 million Segment Points.

Important Participant Notes:

• You must manually click "Verify" for each completed task to become eligible for rewards.
• Allow at least 10 minutes after completing a task before verifying. Do not wait until the final moments of the event, as blockchain delays could cause verification to fail.
• OKX reserves the right to disqualify any participant or cancel the event without prior notice.

What is Cryptopedia?

Cryptopedia is a one-stop platform for DApp discovery and reward-based interaction. It regularly hosts events focused on different blockchain networks and their ecosystem partners, curating a list of interactive tasks for each.

The platform's goal is to aggregate high-potential projects, lower the barrier to entry into Web3, and reduce the time and effort users spend searching for reliable opportunities. It allows anyone to engage with cutting-edge dApps efficiently, even with limited time.

How to Participate in the Event

Getting started with the Cryptopedia event is a straightforward process.

1. Ensure you have the latest version of the OKX app (v6.78.0 or higher) and access your Web3 Wallet.
2. After creating or importing a wallet, navigate to the Discover section at the bottom of the app.
3. Locate and tap on the Cryptopedia: Experience DApps to Earn Rewards banner.
4. Select the Season 26: BOB Network event to view all available tasks.
5. Complete a task, wait over 10 minutes for the transaction to confirm on-chain, and then click the Verify button to claim your reward.

👉 Explore more strategies for earning crypto rewards

Featured Project Introductions

• BOB (Build on Bitcoin): A hybrid Layer-2 protocol powered by both Bitcoin and Ethereum. It aims to combine Bitcoin's widespread adoption with Ethereum's capacity for innovation and smart contracts.
• Owlto Finance: An intent-centric cross-chain interoperability protocol that leverages AI to facilitate seamless connections between different blockchain worlds.
• OKU: A comprehensive DeFi platform offering swap, bridge, and fiat on-ramp services with zero trading fees.
• Segment Finance: An advanced lending protocol specifically designed for the BTCFi and superchain ecosystems.

Frequently Asked Questions

What is OKX Cryptopedia?
Cryptopedia is an educational and rewards platform within OKX Wallet that allows users to learn about and interact with various blockchain networks and dApps. By completing simple tasks, users can earn token rewards and gain hands-on experience in the Web3 space.

Do I need to hold funds to participate?
Yes, most interactive tasks require you to perform actions like bridging, swapping, or staking, which necessitates holding crypto assets. Some social tasks may only require a follow or retweet. Always check the specific requirements for each task you wish to complete.

How and when will I receive my rewards?
Rewards are distributed after the event concludes and user actions are verified. They are typically airdropped directly to your OKX Web3 Wallet address. The timing can vary, so it's best to monitor official OKX announcements for distribution details.

What is the BOB Network?
BOB (Build on Bitcoin) is a hybrid Layer-2 blockchain that leverages the security of Bitcoin while enabling the smart contract functionality and vibrant ecosystem of Ethereum. It allows users to use Bitcoin in more complex financial applications like DeFi.

Can I participate from any country?
While the event is global, you must ensure that participating in such events and using the involved dApps complies with the laws and regulations of your jurisdiction. OKX restricts access in certain sanctioned regions.

What happens if my task verification fails?
If verification fails, it is often due to the on-chain transaction not being confirmed before you clicked verify, or an error in completing the task itself. Ensure you wait long enough after the transaction and that you followed all task instructions precisely. Support is limited once the event has ended.