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Pencils Protocol Launches SOUL NFT Drops for Community Members

Aug 14, 2024
  1. How to Participate in SOUL NFT Drops
  2. Additional Participation Benefits
  3. Collaboration with Industry Partners

With significant growth in both its user base and Total Value Locked (TVL), Pencils Protocol has emerged as a leading DeFi platform on Scroll. To celebrate and engage its community, Pencils Protocol is introducing the SOUL NFT Drops, a special event designed to reward active participants within its ecosystem.

How to Participate in SOUL NFT Drops

The SOUL NFT Drops event is set to launch on August 5th, 2024, at 00:00 UTC and will continue through the end of August 2024. The event duration may be adjusted based on participation levels. To be eligible for the rewards, participants must complete a ZK verification during the event period. Participants can secure their SOUL NFT by following these steps: 1. Link Social Identity: Users should connect their social identity to their account on the Pencils Protocol website. 2. Complete ZK Verification: Users should finish the verification process within the event period to become eligible. 3. Mint the SOUL NFT: The minting process is free, with gas fees based on real-time network costs on the Scroll chain. Each address can mint only once.

Additional Participation Benefits

Participants in the SOUL NFT event will have the opportunity to earn: * Pencils Protocol Airdrop: Accumulate Pencils Points, which can be used for future token airdrops. * Vault Privileges: Access enhanced leverage and returns within the Pencils Vault. * Shop Discounts: Enjoy exclusive discounts in the Pencils Shop. * Auction Priority: Gain priority access to new project allocations.

Collaboration with Industry Partners

The SOUL NFT campaign is currently being promoted in collaboration with Trusta Labs, Galxe, and others. Users can also unlock additional rewards by participating through Galxe and Trusta Labs’ event portals. Details about incentives from ecosystem partners will be updated regularly and shared on Pencils’ official X account.

Pencils Protocol invites its community to participate in the SOUL NFT event, an initiative aimed at enhancing user engagement and offering exclusive rewards within the DeFi space.

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