PIPI To The Moon Project — Sub-Plan Ⅰ: PIPI LockDrop

Pippi Finance
3 min readJun 29, 2021

Pippi Finance Team will launch the first sub-plan: PIPI LockDrop soon. We will open the new staking lock pool for PIPI only. Users will get Sleep PIPI extra, besides, the new staking pool supports the compound function!

Participation Open Period:

Participation Time:

2021.6.30–2021.7.9

Open Period Rules:

- Users can stake PIPI and choose the LockDrop Period within the participation time. Once locked in the lock pool, PIPI will be locked in the smart contract.

- All staked PIPI will be locked till the LockDrop period end, nor can be cancelled or trading;

- All locked PIPIs enjoy the same APY income and xPIPI as the original Pippi Staking pool;

- Auto-compound available every hour to ensure the staking benefits.

After the LockDrop period ends:

Locked PIPIs will be immediately released, and extra reward PIPIs will be linear released within 30 days.

LockDrop Period:

LockDrop Period Options:

1 Month/ 3 Months/ 6 Months

LockDrop Period Rules:

- All staked PIPI will be locked till the LockDrop period ends, nor can be cancelled or trading;

- Pippi will officially step to the higher benefits stage (SleepPIPI extra benefit stage) from 2021.7.10.

- All locked PIPIs enjoy the same APY income and xPIPI as the original Pippi Staking pool;

- Auto-compound available every hour to ensure the staking benefits;

- Users will get an extra token-sleepPIPI, and the system will stake SleepPIPI automatically to Pippi farm(5x) to ensure users benefits;

- According to the amount of PIPI staked by the user and the different choice of LockDrop period, different proportions amount of SleepPIPI will be obtained correspondingly as following:

LockDrop Period Options : PIPI : SleepPIPI

1 Month:1:1

3 Month:1:1.1

6 Month: 1:1.23

Notes:

All staked PIPI and benefits will automatically compound into the Pippi Staking pool, it will not be automatically renewed to LockDrop Plan, if you want to participate again, you have to wait for the next official event. Please choose the LockDrop period carefully to balance your investment plan.

SleepPIPI VIP Rights:

Holding over 100,000 SleepPIPIs will become the SleepPIPI VIP and enjoy the rights below:

- Unique VIP Telegram Group service

- Priority right to join the ‘PIPI To The Moon’ project’s other sub-plans

- VIP Airdrop events

How to become the SleepPIPI VIP?

  1. Participant LockDrop events.
  2. Holding SleepPIPI over 100,000
  3. Provide the screenshoots which shows the mount of SleepPIPI and Wallet address to the Pippi Finance TG Admin
  4. · Pippi Finance GitHub (For the full set of code) address to the Pippi Finance TG Admin

Pippi Finance Team

2021.6.29

About Pippi Finance

Pippi Finance is a DEX and Automatic Market-making Mechanism (AMM) project driven by the Heco, which allows everyone to exchange various Heco tokens efficiently and securely.

· Pippi Website

· Pippi Finance Twitter and Telegram Channel (For the latest news)

· Pippi Finance Medium (For the latest articles)

· English Telegram Community: English and 中文1群中文2群

· Pippi Finance GitHub (For the full set of code)

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Pippi Finance

Pippi Finance-the next evolution DeFi exchange on HECO.