Dear ApolloX users,
ApolloX will open the second round of the NFT Lottery Game. To give users more rewards, ApolloX will also inject 100,000 APX into the Lottery Pool in this round!
Starting date and time: March 31, 2022 08:00 (UTC)
Adjustments to game rules in second round
Building on the first round of NFT Lottery Game (Click here for the first round game rules), ApolloX has adjusted the basic game parameters, Rocket NFTs’ privilege, prize pool distribution ratio, additional APX rebate amount and added a referral feature.
The second round starts off as follows:
1. Basic game parameters:
- Initial lottery ticket price: 10 APX
- NFT ticket price cap: 2,000 APX (when the price reaches 2,000 APX, the price will no longer increase)
- Initial game duration: 8 Hours
- Maximum game countdown time: 12 Hours
- Lottery ticket price increase (with each successful mint): 10 APX
- Countdown timer increase (with each successful mint): 1 Min (The remaining game duration will not exceed the maximum game countdown time, that is 12 hours)
2. ApolloX Rockets NFTs' Privilege
Rockets NFT holders still have priority access to mint lottery tickets. When the total prize pool reaches 150,000 APX, all users can participate in the game and mint lottery NFTs.
3. Funds Allocation
APX funds from the minting of NFT lottery tickets will flow into Lottery Pool, NFT Staking Pool, Quick Bonus Pool or APX Burn Pool in a specific ratio:
|
Prize Pool |
Distribution Ratio |
|
Lottery Pool |
30% |
|
NFT Staking Pool |
30% |
|
Quick Bonus Pool |
20% |
|
APX Burn Pool |
20% |
4. Referral Feature
- Referral Rewards: Users can invite their friends to play the Lottery Game. When their friends successfully mint an NFT, the user will earn 50% of the minting fee that goes into the Quick Bonus Pool.
- For example, your referee successfully paid 100 APX to mint a lottery NFT. 20% of the minting fee will be injected into the Quick Bonus Pool. You will earn 50% of that from the Quick Bonus Pool, which is 10 APX.
- How to invite friends: Go to the game landing page. Copy your unique referral link and share it with your friend. Once your friend has successfully minted an NFT using your referral link, you will earn the referral reward. Once the referral relationship is linked, it cannot be changed.
5. Additional APX Trading Rebates
There are also slight changes to the additional trading rebates earned from staking Lottery NFTs and Rockets NFTs.
|
Additional APX Trading Rebates |
||||
|
NFT Type |
Level |
Additional Rebate Rate |
Daily APX Rebate Cap |
Rebate Validity Period |
|
Lottery NFT |
Level 1 |
10% |
50 APX |
Within 10 days of NFT being minted* |
|
Level 2 |
20% |
100 APX |
Within 10 days of NFT being minted* |
|
|
Level 3 |
30% |
200 APX |
Within 10 days of NFT being minted* |
|
|
Level 4 |
40% |
500 APX |
Within 10 days of NFT being minted* |
|
|
Rockets NFT |
— |
10% |
50 APX |
Until 25 June, 2022 23:59 PM (UTC) |
* Minting time and date will be displayed on the NFT.
- Single NFT APX rebate amount = min (the amount of APX deducted as user’s trading fees yesterday * additional rebate rate, NFT daily rebate cap)
-
- For example, if 1,000 APX was deducted as User A’s trading fees yesterday, and User A stakes a Level 4 Lottery NFT for a full 24 hours, User A will receive an APX rebate amount of: min(1000*40%, 500) = min(400,500) = 400
- Multiple NFTs APX rebate amount = min ( sum (single NFT APX rebate amount), the amount of APX deducted as user’s trading fees yesterday)
- For example, if 1,000 APX was deducted as User A’s trading fees yesterday, and user B stakes a Level 3 NFT and a Level 4 NFT for a full 24 hours, User B will receive an APX rebate amount of: min{(min(1000 * 30%, 200) + min(1000 * 40%, 500) ) ,1000} = min(600,1000) = 600
See here for a guide on the NFT Lottery Game: NFT Lottery Game on ApolloX DEX: Step-by-Step Guide
Terms and Conditions
- All ApolloX DEX users can participate in the NFT Lottery Game. Rewards can be obtained when users meet the winner requirements of each prize pool.
- The Quick Bonus Pool will distribute bonuses in real time, while the Lottery Pool and NFT Staking Pool bonuses are distributed after the end of each game round.
- Each day refers to 00:00:00 (UTC) to 23:59:59 (UTC). Only users who stake their NFTs for a full 24 hours can claim the corresponding daily APX rebates.
- ApolloX has the right to adjust the game rules based on user feedback and market conditions after the end of each game round.
- The funds for additional APX trading fee rebates are provided from a portion of the platform’s total APX transaction fees.
- ApolloX reserves the right of final interpretation for this event.