Yesterday I presented you the nice farming profits you could get with Valkyrie protocol in the Terra blockchain. Today, after providing liquidity for 1 day to test the protocol, I decided to take a deeper look into their differential aspect; the campaigns.
If you jump into the protocol, you can see the Campaigns section in the top menu, right now they have only the first one which is provided by themselves. Clicking on it shows you the details. As you can see in the image you can get 20VKR reward by locking 50VKR for 7 days. Once you join the participation reward you get a link you can share, for everyone joining the participation campaign with your link you get 40 additional VKR with a cap of 100
Clicking in the "Go to Site" button sends you to the campaign page where they require you to connect your wallet (you need to have terra station chrome extension) they check you have at least 10 LUNA staked, figure out if you have the 50 required VKR to lock and provide you a link to terra swap if you need to purchase and require you to sign.
You can either use Valkry site or Terra Station wallet to get your needed 50 VKR to join the campaign. Valkry has a Trade option in the top menu offering only UST/VKR swap.
Terra Station offers you swaps between any of your current token or stablecoin holdings and VKR. At present prices you need about 136 UST to get the 50 VKR needed, a trading fee of 0,15 UST will also be added to the swap.
I have joined the participation campaign and shared the link with a friend who used it to join so you can see the pending 20 VKR + 40 VKR rewards I have ready to claim.
The token price has been slightly fluctuating between $2,5 and $3 so taking the lower price, that is a reward of $150 which means $50 for participating and $100 for my first referral, not bad at all!.
You can even increase the 100 VKR referral cap staking tokens in the protocol if you wish to do so.
