Ambire, a popular self-custodial wallet, has launched the Ambire Legends Season 0 campaign to reward its users. Let's explore how it works and what makes it exciting.
How Ambire Legends Works
Participants start by minting a Soulbound NFT character using the Ambire Wallet extension. By completing daily quests such as buying $WALLET tokens and participating in DAO voting, users earn experience points (XP). These points enable characters to level up, increasing their potential rewards.
Reward Distribution Formula
Ambire plans to distribute 20 million $WALLET tokens to participants. Rewards are calculated using a formula that considers the user's level and average balance in USD. This system incentivizes users to remain active and maintain a substantial balance in their wallet.
Current Status and Next Steps
The exact date for rewards distribution has not been announced yet, but the reward mechanism proposal is available for a community vote. Participants are encouraged to keep engaging with the platform to maximize their potential rewards.
The Ambire Legends Season 0 campaign offers users the chance to earn by actively using the wallet. Stay tuned for updates and ensure you meet the eligibility criteria.
