HLG and Earn II Quest Details and FAQs
Generate Maker and Taker volume on the Backpack Exchange with HLG/USDC from May 30 at 1pm UTC to June 6 and win from a 2.5M $HLG prize pool!
Contest begins at 1pm UTC and ends at 1pm UTC
Buy HLG on Backpack Exchange or Wallet.
$HLG and Earn begins on May 30th at 1:00 PM UTC and ends on June 6th at 1:00 PM UTC.
Ten users who make at least one HLG/USDC trade will be entered into a drawing for a 100,000 HLG prize pool (10K per winner).
The top 70% of HLG/USDC traders will share a 1.2M HLG prize pool
The top 10 traders of HLG/USDC by volume will share a second 1.2M HLG prize pool
The top 10 traders of HLG/USDC are not eligible for the 70% of HLG prize pool
Rewards for both prize pools will be distributed proportionally to volume in relation to other participants
Please note: Users from the United States or the United Kingdom are not eligible to participate in this event.
Liquidity Providers who are participants of the MM (Market Maker) Program are not eligible to participate in this event.
FAQs
Do both Maker and Taker volume count?
Yes, both Maker and Taker volume count.
Where can I see my trading volume?
See the Leaderboard in the Questlog (💎) menu.
What is the snapshot period?
01:00PM UTC May 30 to 01:00PM UTC June 6
What is HLG?
HLG is the governance token of Holograph, an advanced DeFi platform which powers secure token transfers across Ethereum L2s and other L1 blockchains.
The token HLG is purpose built to minimize risk when bridging assets across different blockchains such as Solana, BNB, Bitcoin, Base and more.
Ticker: HLG
Circulating Supply: 1,525,000,000
Max Supply: 10,000,000,000
HLG maintains data as it moves between chains. This is achieved by specially configured factory smart contracts, which use the CREATE2 opcode and unique salt to deterministically calculate the contract address.
HLG avoids discriminating or favoring any specific blockchain ecosystem. By modularizing the value layer, HLG is allowed to move freely between any application, messaging protocol, or blockchain.
What is Holograph?
Holograph is an Ethereum L2 who is leveraging all the new features of (and building more for) ERC20 tokens.
Holograph specializes in facilitating secure asset transfers across different blockchain protocols.
Most used Holograph bridges:
Ethereum <-> Solana
Ethereum <-> BNB
BNB <-> Tron
BNB <-> Solana
Ethereum <-> Cardano
Ethereum <-> Cosmos
For any inquiries, please contact support@backpack.exchange
Backpack Exchange
May 30 2024