Optimism Quests Collections (2/3)

TokenInsight
4 min readSep 29, 2022

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Source: Optimism

Optimism announced the launch of its Optimism Quests last week. The Optimism Quests is partnered with Galxe (formerly Project Galaxy), a Web3 digital credential data network, where users can mint NFTs on Galxe after completing required tasks. NFT mint time is from 17:00 UTC on September 20th, 2022 to 17:00 UTC on January 17th, 2023.

A total of 18 projects are currently participating in Optimism Quests. We plan to present 6 projects and their tasks each day, with this article being the second part of the series.

The first part of the participating projects and tasks can be found at Optimism Quests Collections (1/3)

Project Introduction & Quests

QiDao

  • QiDao is a Polygon-based overcollateralized stablecoin app for lending and borrowing. Loans are paid out in $MAI (a stablecoin soft pegged to USD). Users can borrow $MAI with interest bearing assets like $ETH with 0% borrowing interest and only a 0.5% repayment fee. $MAI can be used on most major DeFi platforms, such as Aave, Multichain, Curve , Balancer, and Uniswap. $QI is the governance token of QiDao.
  • Off-chain Tasks: 1. Follow @QiDaoProtocol on Twitter 2. Like and Retweet campaign launch tweet 3. Join Discordto get “MAI Family” role
  • On-chain Tasks: 1. Open a Vault, deposit $OP or $WETH, and borrow ≥ 100 $MAI on QiDao 2. Maintain a healthy collateral to debt ratio (CDR) for at least a week (If the vault has a fire🔥 next to it, it’s eligible.)
  • Airdrop: $OP will be airdropped to these users a week after they start borrowing.

Rubicon

  • Rubicon is an order book application, which can be used to swap tokens, trade with limit orders, or earn a yield on your assets by providing liquidity in Rubicon Pools. Rubicon Pools are the native liquidity pools of the Rubicon that allow users to capture passive yield from active market making. Liquidity providers (LPs) deposit crypto assets into a pool and receive bathTokens. Liquidity pools are used by active market makers (strategists) to provide liquidity on the order books. Yield from market-making goes to LPs (bathToken holders) and strategists earn a performance fee. Rubicon has not issued its native token.
  • Tasks: 1. Swap > $20 USD equivalent worth of tokens on Rubicon 2. Deposit > $20 USD equivalent worth of tokens into a liquidity pool on Rubicon 3. Follow @rubicondefi on Twitter 4. Join the Rubicon Discord server
  • Additional Rewards: Explorer role in the Rubicon Discord

Hop Protocol

Hop Protocol is a trustless multichain bridge connecting Ethereum and various Layer2 networks to Optimism, allowing users to seamlessly transfer assets between networks. $HOP is the native token of Hop Protocol.

Hop’s investors include 1 Confirmation, and others。

Task: User must provide liquidity to a Hop on Optimism. To qualify for completion the user can meet any of the following requirements (or a combination):

USDC/DAI/USDT

  • $200 for 3 months
  • $500 for 1 month
  • $1,000 for 18 days
  • $2,000 for 9 days

ETH

  • 0.2 ETH for 60 days
  • 0.3 ETH for 40 days
  • 0.5 ETH for 24 days
  • 1 ETH for 12 days

Clipper

  • Clipper is a DEX designed to have the lowest per-transaction costs for small-to-medium-sized crypto trades. Clipper does not yet have its own token.
  • Clipper’s investors include Divergence Ventures, Robot Ventures, Nascent, Morningstar Ventures, and others.
  • Tasks: 1. Deposit > $20 USD equivalent of $OP into the main liquidity pool on Clipper 2. Swap > $20 USD equivalent of $OP in the main liquidity pool on Clipper 3. Swap > $20 USD equivalent of $OP in any cove on Clipper (Select $OP as an input token) 4. Follow @Clipper_DEX on Twitter 5. Follow @Shipyardsw on Twitter 6. Join Clipper Discord server
  • Additional Rewards: Display the NFT in Clipper’s character profile inventory screen

Beethoven X

  • Beethoven X is a decentralized exchange on Fantom and Optimism. It aims to be a one-stop decentralized investment platform. $BEETS is the governance token of Beethoven X, with a maximum supply of 250 million. It is reported that $BEETS liquidity stakers will collect a portion of protocol fees in the near future.
  • Task: Deposit ≥ 0.05 ETH or rETH into the Rocket Fuel pool on Beethoven X and stake it for atleast 24 hours in October, November, and December

The Granary

  • The Granary is a user-focused borrowing and lending market that offers low fees and supports multi-token reward incentives. $GRAIN is the native token of The Granary and has not been issued yet.
  • Tasks: 1. Lend ≥ $50 USD equivalent worth of tokens on The Granary 2. Borrow ≥ $20 USD equivalent worth of tokens on The Granary 3. Follow @GranaryFinance on Twitter 4. Join the Granary Discord server
  • Be advised, $ETH is not recognized as an asset that is qualifiable in this quest, please use $USDT/$USDC/$DAI/$BTC instead (For both Deposits and Borrows).
  • Additional Rewards: 1. Future airdrop of its Token if all tasks are completed (per snapshots) — NFT airdrop of future NFT project 2. Discord role to holders of this NFT

The original post can be found here at TokenInsight:

https://tokeninsight.com/en/calendar/optimism-quests-collections-2-3

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TokenInsight
TokenInsight

Written by TokenInsight

Leading Data&Tech-driven Blockchain Financial Institution.

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