1st Teddy Bear Surprise
We are excited to release the details of our 1st Teddy Bears Club surprise.
We are excited to release the details of our 1st Teddy Bears Club surprise. In this surprise, the community can unlock additional TEDY tokens by reaching certain NFT milestones from our Initial NFT Offering. Our Initial NFT Offering ends in 5 days, on April 8th, 2023.
Introduction
TeddySwap is a secure and open-source DEX focusing on stablecoins in the Cardano ecosystem. With our open-source approach and team experience, TeddySwap aims to be the leading stablecoin DEX on Cardano, similar to how Curve is the leading stablecoin DEX on Ethereum.
Our Initial NFT Offering is live and ends in 5 days on April 8th, 2023.
Starting now, community members can unlock additional TEDY tokens by reaching NFT milestones from our Initial NFT Offering.
1st Teddy Bears Surprise
Currently, 1,224 Round 2 Teddy Bears have been minted.
There will now be additional TEDY available for each milestone that is achieved.
These additional TEDY rewards will look like this:
- Tier 1 — The first 1,250 NFTs minted will earn an additional 1,000 TEDY for each NFT.
- Tier 2 — The first 1,400 NFTs minted will earn an additional 1,333 TEDY for each NFT.
- Tier 3 — The first 1,600 NFTs minted will earn an additional 2,000 TEDY for each NFT.
- Tier 4 — The first 2,000 NFTs minted will earn an additional 2,400 TEDY for each NFT.
- Tier 5 — The first 2,500 NFTs minted will earn an additional 4,000 TEDY for each NFT.
This means the original 1,250 NFTs will each earn an additional 10,733 TEDY tokens, while the people who join us in the last tier before 2,500 NFTs will earn an additional 4,000 TEDY tokens.
Minting is live here.
Final Remarks
Thanks to our community for your support as we prepare to launch our open-source stablecoin DEX on Cardano.
We believe the Teddy Bears Club NFTs should provide long-term value to our community members and enhance the experience of interacting with the TeddySwap protocol.
In the coming weeks, we’ll release details on our audit, public bug bounty, and our 2nd testnet with integrated yield farming.
We hope you join our mission to provide open-source, secure, and decentralized infrastructure for the Cardano community in order to provide crucial financial tools to those who need it most.
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