ONTO and UpDeFi Are Hosting a Staking Campaign with over $4,000 up for Grabs!

We are excited to host a staking campaign with UpDeFi, the Ultimate one-stop Yield-as-a-Service (YaaS) Platform with the best asset security and highest optimized yields.

The ONTO Team
ONTO Wallet

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We are teaming up with UpDeFi for a staking campaign with $4,000 worth of UP and ONG up for grabs!

UpDeFi is a non-custodial platform for user assets, which means that users can withdraw their assets on the UpDeFi platform at any time. At the same time, UpDeFi cannot use the assets deposited by users in any way outside the defined yield strategy.

Simply stake CAKE in UpDeFi’s Vaults via ONTO to earn UP tokens! Plus, users can also stake earned UP tokens in UP-Staking strategies to earn more with high APR.

Try out the stake feature on UpDeFi with a chance to win $4,000 in prizes! Join us now!

To be eligible for the big prize, please follow the rules below.

Event Duration: March 25th 9:00 — March 28th 9:00 (UTC)

Task:

  • Install ONTO Wallet
  • Open UpDeFi dApp in ONTO, and enter the “Vaults” page
  • Stake at least 3 CAKE at “CAKE earn UP (Yield-enhancing)” until the end of the event

Breakdown of the Rewards

Early Bird Rewards

To reward the early birds, the first 300 participants who stake at least 3 CAKE at “CAKE earn UP (Yield-enhancing)” via UpDeFi dApp in ONTO will each win $10 worth of UP tokens. Don’t miss this first-come, first-served opportunity!

Never Too Late to Stake

Worried that you might miss this exciting event? Don’t worry, we’ve got you covered! Even if you can’t be one of the first participants, there’s still a chance to get great rewards.

Other than the 300 early birds, the rest of the participants can share out a total prize pool of 500 ONG, which means that even if you are late to the party, you can still win!

Daily Top Staker Rewards

Does waiting for the final leaderboard have you at the edge of your seat? Worried that the prize might fall into someone else’s hands while you are not looking? Then this daily reward is for you!

We have set up a total prize pool of 450 ONG for the Top 3 stakers each day. The Top 3 stakers on the 2nd, 3rd, and 4th day of the event will be rewarded with 50 ONG each.

Get started now with the video tutorial below.

Notes:

  • All ONTO users can participate, but each ONT ID/device is counted only once. Download ONTO now.
  • ONG from the ONG lottery is an OEP-4 asset; only ONT ID wallets are eligible to win ONG rewards.
  • Participants must use ONTO Wallet, not the ONTO Web extension.
  • ONTO Mythical NFT holders will be able to earn an extra 5 ONG bonus on top of the event rewards for this activity. ONTO Infinium NFT holders will earn a 20% extra bonus above the UpDeFi event rewards, a maximum of 10 ONG each time.
  • Participants must log in to and use ONTO during the event.
  • The ONTO team and the UpDeri team reserve the right to interpret the above event at their sole discretion.

About UpDeFi

UpDeFi is a one-stop Yield-as-a-service (YaaS) platform. The goal being that UpDeFi will meet all users’ needs with the best asset security and highest optimized yields. UpDeFi’s mission is to build a one-stop, secure, most profitable, easy-to-use, flexible YaaS platform that is comprehensive to all blockchains for users in order to meet all their yield needs, and enable other projects to improve the capital efficiency they produce through their incentive programs. This way, other projects can pay the minimum capital cost to obtain maximum liquidity and user attention.

About ONTO Wallet

ONTO is a DID-based gateway for a seamless Web3 experience. The best all-in-one option for securely managing your identities, data, and digital assets, ONTO allows you to manage your crypto assets (including NFTs), perform cross-chain swaps, readily access a variety of dApps, and learn everything important in real time via ONTO news feed.

With ONTO Wallet, users can create an ONT ID, a decentralized digital identity that enables one-click multi-chain wallet address creation and management and fully protects their private data through an encryption algorithm. Users worldwide can download ONTO Wallet now via onto.app or their mobile app store. Desktop users can also install ONTO Web Wallet for web browsers.

For further details, questions, or comments, follow us on Twitter, join our Telegram or contact us.

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