UFO LaunchPAD Overview

UFO LaunchPAD Period

UFOSwap has event rewards for early participants. The event reward period holds four weeks in total. As each week pass, the interest rate will be decreased, whereas a new list will be added.

Notes for LaunchPAD participation

  • The UFO token you get by participating in the LaunchPad can be received after the LaunchPad terminates.

  • UFO tokens received by participating in LaunchPad are unlocked in a linear way, not in bulk.

  • During the LaunchPad period, additional deposits and withdrawals are possible at any time.

  • However, when withdrawal in the middle of the period, only compensation during the deposit period is obtained, and a 5% withdrawal fee will be incurred.

  • Calculation and payment of $UFO rewards.

    • Rewards are distributed differentially to participants according to their contribution to the ecosystem (weight per vault, deposit amount, deposit period, $UFO:$KLAY compensation ratio).

    • During the LaunchPad period, $UFO rewards are accumulated daily for participants.

How to participate

Participants can deposit their assets at any time, regardless of the period.

A new pool will be released every week, and you can deposit assets in the pool. However, the multiplier of the reward follows the multiplier of the week.

  1. Connect the wallet to UFOSwap.

  2. Deposit your assets that match the revealed assets.

FAQ

Q. How long is the lock-up period of the UFO token?

Please refer to the table below.

Q. Is there anything else the participants need to do when LaunchPad terminates?

  • After termination, the deposit assets in UFOSwap will be returned, and you will receive $UFO as a reward. No other actions are needed for the participants.

Q. What kinds of wallets are supported to use the service?

  • Kaikas (web), D’cent (mobile), Klip (web, mobile) are supported.

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