Oasis DAO - The New Era of DeFi
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  • Welcome to Project OASIS
  • 📖Whitepaper
    • Preface
    • What is Project OASIS ?
    • Products and Services
      • Oasis Genesis Node
        • How to register?
        • How to subscribe node?
        • The rewards of Genesis Node
        • Smart Contract Address
      • Collection of Fire: Salamander
        • AscendFi Mechanism
        • How to register?
        • What is Admission Pass?
        • Ranking Upgrade and Re-subscribe
        • Rankings
        • Collect Fire:Salamander ( Subscription LP )
        • Withdraw Fire: Salamander(Sell LP)
        • Inviting Friends
        • Smart Contract Address
      • OASIS Protocol
    • Tokenomics
    • What is Xone Chain and $XOC
    • About South Block Capital Asia-Pacific ( SBCA )
    • Invested and Incubated Projects
    • Roadmap
    • Collabration & Ecosystem Partnetship
  • ➕Others
    • 📕FAQs
      • What is LP?
      • What is Computing Power?
      • What is Referral Reward?
      • How to Claims Rewards?
    • 🏞️Brand Guidelines
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On this page
  1. Whitepaper
  2. Products and Services
  3. Collection of Fire: Salamander

Collect Fire:Salamander ( Subscription LP )

In Project OASIS, collecting Fire: Salamander ( subscribe LP liquidity ) is a key way for members to participate in the platform's ecosystem and enjoy additional rewards. Only upgraded team members can perform the Collect Fire: Salamander. Regular users ( address holder only ) cannot buy or sell Fire: Salamander Emblems.

By collecting Fire: Salamander Emblems, team members receive LP tokens, contribute liquidity to the platform, and help drive the platform’s development and reward mechanisms.

Rules for Collecting Fire: Salamander Emblems

Team Member Qualification: Users must upgrade to team members to Collect Fire: Salamander. Regular users ( address holder only ) cannot buy or sell Fire: Salamander Emblems.

Initial Collection Quota: Each address that successfully upgrades to a team member will automatically receive a one-time collection quota of 200 USDT. This quota is granted only during the initial upgrade to a team member and is not provided for membership re-subscribe . Once used, users cannot get Fire: Salamander again through this method.

Increase Subscription Quota by Inviting Friends: Users can increase their Fire: Salamander collection quota by inviting friends to become team members ( direct invitations ). For every successful invitation that leads to a friend upgrading to a team member, the user receives an additional 200 USDT collection quota for Fire: Salamander Emblems. No Upper Limit: There is no cap on this invitation reward quota, allowing users to continuously invite friends to increase their Fire: Salamander collection quota.

Explanation of Fire: Salamander Collection Quotas

Team Member Upgrade Quota: Upon upgrading to a team member, the system will immediately allocate 200 USDT of Fire: Salamander collection quota to the member's address. This quota is granted only during the first upgrade and will not be provided for membership re-subscribe.

Invitation Reward Quota: After using the initial 200 USDT collection quota, users can continue increasing their collection quota by inviting friends to upgrade to team members. For every successful invitation, users receive an additional 200 USDT of Fire: Salamander collection quota.

No Upper Limit: There is no cap on this invitation reward quota, allowing users to accumulate unlimited collection potential through continuous invitations.

Formula: as following:

A=N∗200.00A=N*200.00A=N∗200.00

A:Total reward quota earned through invitations;

N:Number of friends successfully invited who upgraded to team members.

Token Allocation for LP Liquidity Subscription

When users purchase LP subscriptions ( Fire: Salamander ) on the platform, the total subscription amount will be distributed according to the following proportions:

Personal Subscription Earnings: Users receive 80% of the total subscription amount as their LP.

OASIS GENESIS NODE Reward Pool: 3% of the total subscription amount flows into the Genesis Node Reward Pool, distributing earnings to all users who have activated nodes by staking NFTs.

ELITE Reward Pool: 2% of the total subscription amount flows into the ELITE Reward Pool, rewarding active contributor in platform.

Referral Rewards: Users who successfully invite others earn 15% of their friends total subscription amount as an invitation reward.

DAO Ecosystem Treasury Fund: 5% of the total subscription amount flows into the DAO Ecosystem Treasury Fund to support the platform's future expansion and ecosystem growth.

How to subscribe LP ( Fire: Salamander )

  1. Upgrade to Team Member: Users must first upgrade to a Project OASIS team member by paying USDT. This grants an initial LP subscription quota of 200 USDT.

  2. Quota: After upgrading to a team member, users can use their subscription quota to subscribe to LP on the platform. The subscibed LP will provide users with platform rewards and other benefits.

  3. Increase Quota by Inviting Friends: Once the initial subscription quota is used up, users can increase their quota by inviting friends to become team members. For each successfully invited friend, users receive an additional 200 USDT subscription quota. There is no upper limit on this invitation-based quota increase.

Procedure of subscribe LP (Fire: Salamander)

Step 1: Locate and Click the "Subscribe LP" Button On the homepage, find the [Subscribe] button and click it. This will bring up the LP subscription operation pop-up.

Step 2: Enter Subscribe Details In the LP subscription pop-up, you can view the available subscription amount and the estimated number of LP tokens you can receive ( Note: The LP quantity is calculated based on the exchange rate provided by Project OASIS and is for reference only ). Enter the desired subscription amount, confirm the details, and click [Subscribe Now] to initiate wallet authorization.

Step 3: Complete Wallet Authorization After confirming wallet authorization, wait a moment, and you can view your obtained LP tokens on the homepage under My Assets > LP. If you need to check transaction history, go to the transaction details page for more information.

*Illustration of Purchasing LP will be added later*

Subscribe LP is a key way for platform users to participate in the liquidity pool, enabling them to benefit from the platform's ecosystem growth. By upgrading to a team member and inviting friends, users can continually increase their quota, earn more LP, and enjoy multiple benefits within the platform ecosystem. The LP purchasing process is straightforward, and the reward distribution is transparent, ensuring users receive fair returns.

Notes:

  1. Quota: The available quota is determined by identity upgrades and the number of friends invited to become team members. Ensure reasonable allocation of the quota.

  2. USDT to LP Exchange Rate: The exchange rate between USDT and LP is calculated based on the network rate at the time of the transaction. Estimated values are for reference only.

  3. Wallet Authorization: Ensure a stable network connection during wallet authorization and avoid modifying the requested spending values to prevent transaction failures.

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Last updated 4 months ago

Note: The 200 USDT is a hypothetical value, and the actual amount will depend on the total paid by the user during the subscription.

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