Bond, Bid, and Win (bATOM edition)

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One hundred thousand sKUJI will be made available to bidders in the bATOM market on ORCA 🐋

Following the successful launch of our wasAVAX pool, we’re bringing another promotion to ORCA. There’s another 100,000 sKUJI available to celebrate ORCA launching the bATOM pool ⚛️

If you participated in the wasAVAX promotion, you know how this works. If this is your first pool promotion, read on 👇

Table of contents

Do these two things to earn your share

  1. Place a bid, using aUST, on the bATOM market on ORCA
  2. Own some sKUJI (which you can do by bonding KUJI here)

You must do both those things BEFORE 12pm UTC on 13th April 2022.

That’s it. That’s all you have to do.

Here is how it works

We will take snapshots at 12pm UTC on 13th April 2022, capturing all of the bids and the current sKUJI distribution.

Exactly one month later, at 12pm UTC on 13th May 2022, we will distribute 100,000 (in total) sKUJI to all those whose bids from before the snapshot are still in place and/or have been filled.

If your bids are hit during this time, you still qualify (explained in the FAQ below).

The bATOM market is already live on Anchor.

The distribution of the sKUJI will be prorated on two variables:

  1. The total value of your remaining (and filled) aUST bid(s) placed BEFORE the snapshot at 13th April 2022.
  2. Your sKUJI balance at the time of the snapshot.

FAQs

  1. What happens if my bids get filled during the month the campaign is running?
    Your filled bids will count just the same as unfilled ones. You will NOT get penalized for winning a bid. After all, that’s the beauty of ORCA!
  2. Can I place bids with UST and qualify?
    No. This reward applies specifically to aUST bids, on the bATOM market, only. No other types of bids qualify.
  3. How does aUST bidding work?
    Here is a detailed WinkHUB article, which includes a video rundown by Yield Labs.
  4. What is sKUJI, and why is it valuable?
    You can read about sKUJI in our own Winkhub post here. And there is a very detailed breakdown by Xulian on his own Medium here. We believe it may just be the future of France (judging by the number of protocols implementing something similar, many agree).
  5. How can I get sKUJI?
    You can buy KUJI with UST on our BLUE app here. You bond KUJI into the sKUJI Revenue Pool here. Piece of tasty cake.

The addition of bATOM has been keenly anticipated and we expect a LOT of action in the pool, so be sure to get your bids in before the snapshot 📸

Stay bullish