Arken X’Mas & New Year’s Celebrations — Let’s Prepare to Win NFT Giveaways

Arken Finance, in partnership with 6 other DeFi projects, is giving away 18 very special NFTs and other additional prizes!

Arken Finance
7 min readDec 25, 2021

Merry X’Mas and Happy New Year 2022, Arkeners! We hope your 2021 went great and you had a happy experience trading with us. As thank you gifts to our valued users, we are excited to announce that our NFT giveaway event is coming up soon between 6–12th January 2022!

General Information

There are 18 NFTs to be given away and 2 ways to win:

  • 9 NFTs are awarded to users with the highest trading volume on the following tokens: ILA, POC, and FHTN.
  • 9 NFTs are available via Lottery to anyone who swaps any GameFi tokens listed on Arken Finance with a minimum of 1,000 USD per transaction.

One of the 18 NFTs will be disclosed every day from the 25th of December onwards until the campaign starts.

In addition to the main NFT Giveaway campaign, 10 lucky users also have the chance to win 150 USD each, by sharing the post and tagging friends on Twitter. See below for more information.

Giveaway Competition Details

The ‘NFTs Giveaway’ campaign is set to start from 6th-12th of January 2022 — making it an extraordinarily happy New Year for each recipient. This event is open to EVERYONE. Arken Finance especially welcomes all NFT enthusiasts and community members of Fishing Town, Infinite Launch, and Pocket Arena.

The competition consists of 3 parts.

1. The Challenge: Users with the highest trading volume on the following tokens (see below) during 6th January 2022 (0.00 UTC) — 12th January 2022 (23:59 UTC) will be awarded the NFTs from that specific project. The trading volume score is essentially the monetary equivalent of the trading volume in USD. Winners will be announced on the 13th of January 2022.

→ The top 5 traders (wallets)on ILA will be awarded special NFTs from Infinite Launch. On top of that, the 5 winners will get 1,900 $ILA as a special gift from Infinite Launch and Arken Finance!

→ The top 2 traders (wallets) on POC will be awarded special NFTs from Pocket Arena.

→ The top 2 traders (wallets) on FHTN will be awarded special NFTs from Fishing Town.

Check your trading score here.

2. The Lottery: 9 random NFTs will be randomly rewarded to anyone who swaps any GameFi tokens listed on Arken Finance. With every 1,000 USD trading value, you get one ticket to participate in the prize randomization. — meaning that the more you trade, the more chance you will get to win the NFTs.

Score Calculation:

The trade score is used to determine the campaign participants’ standing. The trading volume score is essentially the monetary equivalent of the trading volume in USD.

  • We have two sides to the tokens in a single transaction, the From side and the To side.
  • For instance, converting 1 SAND to 2.115 USDC. 1 SAND is the ‘From’ side, and 2.115 USDC is the ‘To’ side.
  • The ‘To’ side of the transaction will be translated to the amount prior to deducting the 0.1 percent trading charge. For instance, 2.115 USDC in output will be translated to 2.115 / (1–0.1%) = 2.35 USDC.

We are now forced to pick between the two camps. There are many token levels from which the system may select. The system will choose the side that is higher rank (the lower tier number). The following table details the tiers for each chain.

Binance Smart Chain
Tier 1: BUSD
Tier 2: BNB
Tier 3: USDC, USDT, DAI, KUSD

Polygon Chain
Tier 1: USDC
Tier 2: MATIC, ETH
Tier 3: DAI, USDT

Ethereum Chain
Tier 1: USDT
Tier 2: ETH
Tier 3: UST, USDC, USDP, DAI, BUSD, TUSD

Avalanche Chain
Tier 1: USDT.e
Tier 2: WAVAX
Tier 3: USDC.e, FRAX, DAI.e, MIM

Arbitrum Chain
Tier 1: USDT
Tier 2:WETH
Tier 3:MIM, USDC, FRAX, DAI

Tier 1 and Tier 3 tokens are stable coins. The trading volume score will be equal to the traded tokens’ value. Tier 2 tokens will be converted to USD equivalents using Arken’s pricing information.

If neither token belongs to a tier, the algorithm will select the token with the highest 24-hour trading volume (Trading Volume data source is from Arken). And the unit conversion computation is identical to the one in Tier 2. Please keep in mind that not all transactions are eligible for inclusion in the trading volume score. Only tokens listed on Arken Finance under the category ‘GameFi’ are eligible. The full list will be added later by 1st of January 2022.

Example
Swap from 1 BNB to 1,000 GALA
Calculating Token: 1 BNB
Calculation: 1 BNB = 500 BUSD
Trading volume score: 500 USDSwap from 2 SAND to 6 USDC
Calculating Token: 6 USDC
Trading volume score: 6 USD

Swap from 600 USDT to 200 SAND
Calculating Token: 600 USDT
Trading volume score: 600 USDTSwap from 200 SAND to 1200 GALA
Calculating Token: 200 SAND (Higher 24H volume)
Calculation: 1 SAND = 3 USD
Trading volume score: 600 USD

Only transactions of GameFi tokens on the Arken router from 6th January 2022 (0.00 UTC) — 12th January 2022 (23:59 UTC) will be counted. Winners will be announced on the 13th of January 2022.

Check your trading score here.

3. Follow & Share: For those who enjoy using our platform, you can participate and spread the words of the NFT Giveaway Campaign out by inviting friends and helping us build our communities! 10 Lucky winners will get the chance to win 150 BUSD on BSC. This campaign counts tweets that are quoted from 25th December 2021 (3.00 UTC) — 12th January 2022 (23:59 UTC). Winners will be announced on the 13th of January 2022.

What you have to do:
→ Follow @arkenfinance Twitter
→ Join Arken Community on Telegram <https://t.me/arkenfinance>
→ Quote this Tweet and mention 3 friends (link). Please be noted that you must quote the tweet, not reply in the thread. The post to be shared is the pinned post on Arken Finance Twitter account.

Notice:

  • Winners can only win the prize once from the whole campaign and will not be qualified to win the prizes again. For example, if you are the winner of ‘Challenge’ campaign, you will not be eligible for the ‘Lottery’ campaign. However, your trading score will be counted for both campaigns before the winners are randomized and awarded.
  • Awards winners allow ARKEN and our representatives to use your name, images, video, or texts in advertising and marketing materials.
  • Arken reserves the right to cancel or amend any Activity or Activity Rules at its sole discretion.

What is Arken Finance

In the crypto space where the timing is key — real-time information decides who is going to win. Arken offers the best-in-class tool for decentralized exchange (DEX) traders to track the movements of thousands of tokens and synthetic assets and forecast the market movement before it moves. Our tool incorporates real-time trading views across multiple DEXs, offers users a single point of entry for managing digital assets with ease, and can be customized with over 160 different technical indicators and unique specialty charts for advanced traders.

Special Partners Making This Possible

Arken has teamed up with some great projects to make this New Year’s giveaway possible, who are just as passionate about the DeFi community as we are.

Bluca — a blockchain-based game that combines fun gamification and quality of the NFT. At Bluca, players can enjoy collecting varieties of Blucamon, breeding, evolving, and exploring the world. A lot of unique NFT can be found along the journey.

Infinite Launch — Cross-chain fundraising platform for projects & NFTs. One of the first capital & NFT launchpad delivers both game-fi & IDO experiences. Where your investors meet qualified projects & the latest NFT trends.

Pocket Arena — a Play-to-Earn-based NFT DApp games portal and platform that supports skill-based tournaments and user-generated NFT gaming with an NFT Marketplace. The Pocket Arena (PA) is powered by the Pocket Arena Token “POC”, an ERC 20 utility token, designed to give real rewards to all players and to function as Pocket Arena DApps’ NFT gaming token.

Fishing Town — At “Fishing Town” citizens earn a living through catching fishes. Fishing Town offers value to the players not only earning revenue part, but also relax, fun and enjoy gameplay with friendly UX/UI and brings back nostalgia memory.

along with Sandbox, CryptoCars, and CryptoPlanes.

Good luck, Happy New Year’s 2022, and happy trading!
Arken Finance team

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