With the Impossible Finance Ruby public sale well under way, we're pleased to announce that we'll be randomly selecting 10 participants to receive a gemstone NFT that will allow them to trade with zero fees on Ruby.Exchange—forever!
All you need to do to enter the competition is receive and purchase at least a 400 RUBY token allocation on the Impossible Launchpad, and continue to stake at least 10,000 IDIA tokens for two weeks beyond the end of the Ruby staking period.
Fee-Free Trading On Ruby.Exchange
Hosted on the SKALE V2 network for Ethereum, Ruby.Exchange is an NFT-powered AMM that integrates gemstone rewards to provide a more engaging, rewarding, and "sticky" user experience. The first three categories of gems to be released include NFTs that reduce trading fees, boost LP rewards, and decrease the early-unlock penalty paid by yield farmers to access their earnings before the end of the vesting period.
NFTs will typically be distributed via raffles, but to thank our new community members we're making 10 zero trading-fee gems available for those who take part in the Impossible Finance public sale. Because SKALE is gasless, these users will never have to pay any fees to trade at all!
How To Win A Zero-Fee NFT
Entering the draw for one of Ruby's zero-fee gemstone NFTs is straightforward:
- Receive at least a 400 RUBY token allocation (worth $100) on the Impossible Launchpad.
- Purchase your full allocation when the Purchase Period opens.
- Ensure that you have at least 10,000 IDIA tokens staked in the Impossible staking contract for at least two weeks following the end of the Ruby staking period.
When the sale has concluded, RUBY tokens will be distributed to buyers. Once the extended staking period ends, ten randomly-selected winners will be airdropped the NFT prizes to their wallets on the Europa SKALE Chain. This will likely happen at the beginning of July.
Join The Public Sale
The Impossible Finance Ruby public sale ends on June 16, after which RUBY tokens will be distributed to participants and new RUBY-powered functionality will be unlocked on Ruby.Exchange.
If you haven't already, then register your account and complete KYC on Impossible Finance to participate.