Crypto.com has launched Airdrop Arena, a new gamified rewards feature in its app. This feature allows $CRO holders to lock up their CRO in monthly events for token rewards. This is in addition to other rewards products like Earn, on-chain Staking, and Supercharger.
Airdrop Arena Offers $500K in CORGIAI Tokens
Airdrop Arena is a competitive feature where users earn points based on the amount of CRO they allocate, which will be locked up for six months. The points gained in each event place users on a leaderboard, with rankings determining the amount of rewards received.
There are various means through which users can gain points in Airdrop Arena. For every 100 CRO allocated, a point is awarded. Furthermore, there are daily points gained based on the snapshot balance of the allocated CRO. The launch event hosts a reward of $500k CORGIAI tokens to make the early engagement of users possible.
Three special boosters are available for the users and with their help they can get additional points. It has 120% points for one day for the first 10000 participants in every event through the Swift Starter booster. The Loot Locker booster boosts event points to 200% by locking in the current event rewards for about six months. The Rewards+ Voyager booster allows up to 160% event points daily for the users with Rewards+ at least Level 5.
Airdrop Arena Offers Token Rewards in Easy Way
Joining Airdrop Arena is easy. Users can participate through the Account/Earn button or the supermenu, stake CRO into an Airdrop Arena event to earn points and receive tokens seven days after the event. In the event of unlocking the Loot Locker, the rewards are then drawn to the Crypto Wallet once the lockup period is through. After six months of vesting, users can sell their CRO tokens or leave it in Airdrop Arena to participate in ongoing activities automatically.
Airdrop Arena by Crypto.com has up to double-digit reward rates that means participants will be getting attractive rewards on a monthly basis. On the gamified experience, it involves climbing the leaderboard and making points rise which is enjoyable to the users. The competition design is highly accessible because a user can simply contribute their unused CRO to an Airdrop Arena event and then commit to a six-month lock-in.
