TerpLayer’s journey on the Berachain bArtio testnet enters an exciting new phase with Phase 3, focused on rewarding early contributors and preparing for our mainnet launch. This phase enhances community engagement, introduces new features, and bridges the gap between the testnet and the broader Berachain ecosystem.
What’s New in Phase 3?
Phase 3 brings new rewards, features, and collaborations that push innovation forward:
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Second $tTERP Airdrop: Your rewards in the second $tTERP airdrop depend on the number of Parrot Roles you earned in Phase 2.
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Key Partnerships:
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Kodiak & Honeypot: Launching the $tTERP/Bera trading pair.
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Holdstation: Seamlessly acquire $tTERP and join staking.
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Coral Finance: Complete tasks and earn rewards in the Raiders of the Lost Coral Treasures campaign.
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Staking 2.0: Enjoy tiered APY rewards and Dynamic NFTs, enhancing flexibility and liquidity ahead of the mainnet launch.
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Free NFT Collection: Celebrate with 1111 unique NFTs dropping in December.
1- Second $tTERP Airdrop: Rewarding the Parrot Roles
As part of Phase 3, the highly anticipated second $tTERP airdrop on the bArtio testnet is here to reward the most active and engaged members of the TerpLayer community. This exclusive airdrop is designed to highlight and appreciate your contributions during Phase 2, where you earned Parrot Roles by actively participating in the ecosystem.
How the Airdrop Works
The second airdrop will distribute $tTERP rewards to users based on the number and type of Parrot Roles they accumulated during Phase 2. Here’s what you need to know:
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Snapshot Details:
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A snapshot of all Parrot Roles held by community members on the TerpLayer Discord will be taken.
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The snapshot will determine eligibility and reward allocation for the airdrop.
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More Roles, Bigger Rewards:
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Roles such as Early Parrot, Delegator Parrot, NFT Holder Parrot, and Creator Parrot will directly influence the size of your airdrop.
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Active participation across multiple roles ensures larger rewards, incentivizing broader engagement in the TerpLayer ecosystem.
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2- Strengthening the Ecosystem with Key Partnerships
Phase 3 of the TerpLayer Testnet Campaign is not only about rewards and engagement but also about fostering collaborations that will shape the future of the TerpLayer ecosystem. Our partnerships with Honeypot Finance, Kodiak Finance, and Holdstation, as well as our participation in Coral Finance’s Raiders of the Lost Coral Treasures, are designed to expand accessibility, boost liquidity, and enhance community engagement.
Honeypot Finance & Kodiak Finance: $tTERP/Bera Trading Pair
We’re thrilled to announce the launch of the $tTERP/Bera trading pair on Honeypot Finance and Kodiak Finance, two of Berachain’s leading decentralized exchanges (DEXs).
What This Means for You:
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Liquidity Opportunities:
Community members can provide liquidity to the $tTERP/Bera pool, earning trading fees and additional rewards for their support.
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Liquidity Provider Role:
Liquidity providers will receive the exclusive Liquidity Provider Role on the TerpLayer Discord server, recognizing their contributions to the ecosystem and unlocking future benefits.
By supporting the liquidity infrastructure, you’re directly contributing to the growth of $tTERP’s trading ecosystem on Berachain.
Holdstation: Seamless $tTERP Access for Staking
Our partnership with Holdstation introduces an intuitive way for users to acquire $tTERP directly from their wallets. With this integration, community members can seamlessly:
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Purchase $tTERP:
Through Holdstation, users can create $tTERP in their wallets, connected to liquidity on Berachain DEXs.
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Join Staking Effortlessly:
Once acquired, $tTERP can be staked directly using the TerpLayer dApp, enabling users to start earning rewards immediately.
This collaboration lowers barriers for new participants, making it easier than ever to join the TerpLayer ecosystem and contribute to its growth.
Coral Finance: Raiders of the Lost Coral Treasures
TerpLayer is also proud to join Coral Finance’s Raiders of the Lost Coral Treasures campaign, a large-scale initiative designed to boost user engagement and reward participation. Running from November 30 to December 31, the campaign offers:
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Tasks and Rewards:
Complete tasks like minting TerpLayer’s Phase 3 Mirror article or joining Discord channels to earn Coral Reef Points.
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Lottery and Prizes:
Use your points to enter a lottery or claim rewards, including premium airdrops.
This campaign provides a unique opportunity to connect with the broader Coral Finance community while supporting TerpLayer’s visibility and growth.
What These Partnerships Mean for the Ecosystem
These collaborations underscore TerpLayer’s commitment to building a thriving ecosystem on Berachain by:
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Expanding liquidity options for $tTERP through partnerships with Honeypot Finance and Kodiak Finance.
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Increasing user accessibility with Holdstation’s wallet integration, making $tTERP more accessible for staking.
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Boosting engagement and visibility through Coral Finance’s interactive campaign.
By participating in these initiatives, you not only support TerpLayer’s development but also position yourself to benefit from the ecosystem’s rapid expansion.
Your Role in Strengthening the Ecosystem
Whether you’re providing liquidity, staking $tTERP, or joining campaigns like Coral’s, every action you take contributes to the growth of TerpLayer and the broader Berachain community. This is your chance to be a key player in shaping the future of decentralized finance while earning rewards and recognition along the way.
3- Staking 2.0: Enhanced Rewards and Flexibility for $tTERP Stakers
As part of Phase 3, TerpLayer is thrilled to introduce Staking 2.0, a revamped system offering greater flexibility and enhanced earning opportunities for $tTERP stakers. Launching soon on the Berachain bArtio testnet, this upgrade paves the way for our future mainnet debut while giving the community more ways to engage and earn.
What’s New in Staking 2.0?
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Tiered APY Rewards: Earn more by staking larger amounts for longer periods.
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Dynamic NFTs: Every staking position will be linked to a unique NFT, adding proof of ownership, trading options, and future utilities.
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Dual Rewards: Maximize your returns with both $BGT and extra $tTERP rewards, creating a self-sustaining earning loop.
Preparing for Staking 2.0
Transitioning to Staking 2.0 is simple:
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Withdraw your current stakes.
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Redeploy $tTERP in the new module.
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Claim rewards in the enhanced system.
Guide Coming Soon
A detailed guide will soon be available to help you transition smoothly and maximize your benefits. Get ready to experience the next level of staking with Staking 2.0! 🐻⛓️
4- Exclusive Free NFT Collection: A Celebration of the TerpLayer Community
To honor the dedication and support of our early community, TerpLayer is excited to announce the launch of an exclusive free NFT collection in December 2024. This limited-edition collection is a token of appreciation for the users who have actively contributed to building the TerpLayer ecosystem. Minted on the Kingdomly platform on Arbitrum, this drop symbolizes your role in shaping the future of TerpLayer.
About the NFT Collection
The collection consists of 1111 unique NFTs, designed to recognize the efforts of our most engaged users. These NFTs go beyond being collectibles—they represent the commitment of the TerpLayer community and serve as a badge of honor for early adopters who helped lay the foundation for TerpLayer’s success.
Why This Collection Matters
The TerpLayer NFT Collection isn’t just a collectible. It’s a gateway to future opportunities and recognition within the TerpLayer ecosystem:
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Symbol of Dedication: Owning one of these NFTs highlights your contributions during TerpLayer’s foundational stages.
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Future Utilities: These NFTs may provide special perks, including access to exclusive events, governance privileges, or future airdrop eligibility.
Conclusion: Building the Future Together
Phase 3 marks a key step in TerpLayer’s journey as we expand on the Berachain bArtio testnet and prepare for our future launch on Berachain’s mainnet. With the second $tTERP airdrop, Staking 2.0, partnerships with Honeypot Finance, Kodiak Finance, and Holdstation, and the release of our exclusive NFT collection on Kingdomly (Arbitrum), this phase celebrates the growth of our vibrant community.
Your participation shapes the future of TerpLayer and bridges the worlds of Bitcoin DeFi and Berachain. Whether staking $tTERP, earning rewards, providing liquidity, or minting NFTs, you are helping to redefine decentralized finance.
Thank you for being part of our story. Together, we’re building an ecosystem driven by innovation, collaboration, and community. 🐻⛓️
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