Liquid Wave Campaign Phase I: Experience Liquid Staking Magic and Earn WAVE Points!
Events
2024 / 11 / 08 10:30
Bifrost

LST Campers is the first round of the Liquid Wave campaign, where participants can earn WAVE points by minting LST tokens like vDOT, vMANTA, vGLMR, and vASTR, inviting others, and converting Raindrop to WAVE. Additionally, participating in Polkadot OpenGov voting offers a bonus on WAVE points.

At the end of LST Campers, all participants will share a prize pool of 150,000 BNC based on their accumulated WAVE points. Once the entire Liquid Wave campaign concludes, the WAVE points earned will be exchangeable for bbBNC.

Important Dates

November 8, 2024, 6 pm - November 29, 2024, 6 pm

Rules

Complete tasks to earn WAVE points and boost your rewards! Here’s how you can earn:

  • Complete liquid staking of DOT, MANTA, GLMR, or ASTR to earn WAVE points, with WAVE points varying by staked token.
  • Invite friends: When your friend completes staking, you receive 10% of their earned WAVE points.
  • Extra reward: Earn an additional 300 WAVE points once you’ve accumulated 1,000 WAVE points.
  • OpenGov Voting: Earn an extra 10% bonus on staking points (Substrate Wallet Only).
  • Convert past Raindrop points to WAVE at a rate of 100:1.

How to Join LST Campers

Your wallet must have one of the following tokens: DOT, MANTA, GLMR, or ASTR. Additionally, a small amount of BNC is required for gas fees. Note that DOT and ASTR liquid staking needs to be completed through a Substrate wallet, while staking for GLMR and MANTA requires an EVM-compatible wallet.

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Minting Pages

vDOT:https://app.bifrost.io/vstaking/vDOT

vMANTA:https://omni.ls/stake/vMANTA

vGLMR:https://omni.ls/stake/vGLMR

vASTR:https://app.bifrost.io/vstaking/vASTR

vDOT Minting Tutorial

Before minting and using vDOT, you first need to buy DOT on CEX or DEX.

  1. Login to app.bifrost.io and confirm the network in the upper right corner is Polkadot

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  1. Click "Cross chain" in the main navigation menu on the left to enter the cross chain function

  2. Enter the amount of DOT that needs to be crossed in into Bifrost, and click "Cross in" to complete the confirmation and sign the transaction. Finally wait for the transaction to be completed (6 to 12s).

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  1. Visit vDOT staking page, Enter the amount of DOT to be minted into vDOT in the right panel (0.5 DOT is the minimum)

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  1. Click on "Stake" button, confirm and sign the transaction. Once vDOT are minted they are directly deposited in your Bifrost wallet.

  2. After minting, you can return to the campaign page to check your WAVE points balance.

  3. If you’d like to earn additional rewards, you can participate in the vDOT omnipool on Hydration, with a 8% APY.

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How to vote with vDOT

  1. On the vDOT staking page, switch to the "Governance" tab. You will have an overview of all active referenda and how much time left before the deciding period ends.

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  1. Click on the referendum you want to vote for, select to vote Aye or Nay by switching the button, input the amount of vDOT you want to commit and select the conviction (lock duration).

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  1. Click on "Vote" and sign to confirm.

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  1. You can go back to the main Governance menu and switch from "Referenda" to "My vote" to display the history of your different OpenGov votes

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Note: vDOT locked in Governance cannot be used in Defi (farming) nor cross-chained to other parachains

  1. Upon completing the vote, you can get 10% WAVE bonus when staking vDOT. Without the bonus, minting 10 vDOT would get only 1,000 WAVE; with governance participation, you can earn 1,100 WAVE.

How to Liquid Stake MANTA on omni.ls

Before minting and using vMANTA you first need to add the Manta Pacific network to your wallet. Make sure you hold ETH for gas fees and have some MANTA as the staking token. You can use the Orbiter cross-chain bridge to bridge ETH from other L2s, buy MANTA on a CEX or DEX and send it to your wallet.

  1. Connect your wallet to omni.ls

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  1. Input the amount of MANTA you want to stake, click on "Approve" and sign the 1st transaction, then click on "Stake now" and sign the 2nd transaction to mint your vMANTA.

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  1. Once vMANTA are minted,click on "Portfolio" in the top menu and click on the Metamask "Add" button to process. After 5 to 15min, they are directly deposited in your EVM wallet.

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  1. After minting, you can return to the campaign page to check your WAVE points balance.

  2. If you’d like to earn additional rewards, you can participate in the vMANTA-MANTA pool on Gull Network with a 20% APY.

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That’s the complete tutorial! If you have any questions, feel free to join our Telegram or Discord, and we’ll be happy to help.