Mar 9, 2021

3 min read

Announcement: Raffle for NFT holders

We’re aiming to provide as much value as we can for those who redeemed their DeFi Socks. Back in December 2020, we announced a raffle available only for NFT holders.

In this raffle, we’re giving away 3000+ USD worth of tokens.

You can still take part, read the details 👇

What’s this raffle?

Everyone who redeemed the physical socks is automatically qualified. We’re dropping some tokens to a few lucky ones — no action required from NFT holders.

Please note that you need to redeem your socks until 15 March at 8 pm GMT+1 to take part in this raffle.

What’s the prize?

Our partners were generous to offer some tokens as part of the prize pool. We also provided some extra tokens as well leading to a 3000+ USD combined value.

Below you can see the list of prizes:

  • 1000 DEXT by DexTools
  • 1 FARM token by Harvest.Finance
  • 200 USDT
  • 1 DEFISOCKS token
  • 0.2 ETH

Our partners sponsoring this raffle:

  • DexTools: a responsive trading software that you can easily access from any browser and device. Check them out on dextools.io.
  • Harvest Finance: an international cooperative of humble farmers pooling resources together to earn DeFi yields. Learn more at harvest.finance.

Note: There won’t be any prize split. For example, one person wins all the 1000 DEXT tokens, another 1 Farm token, and so on.

What are the chances of winning?

If you redeemed more than 1 DeFi Socks, then your chances of winning will be higher. If you redeemed 3 DeFi Socks, then your weight will be 3x. There will be five winners in this raffle, and you can win only one prize.

How to take part?

Everyone who redeems a DeFi Sock until the deadline is automatically qualified. We take a snapshot of the addresses on 15 March at 8 pm GMT+1 and do the raffle shortly after.

If you DO NOT hold at least 1 DEFISOCKS token, follow these steps:

  1. Purchase 1 DEFISOCKS token on defisocks.com or Uniswap v1 (https://app.uniswap.org/#/swap?outputCurrency=0x9d942bd31169ed25a1ca78c776dab92de104e50e&use=v1)
  2. Go to defisocks.com, scroll down to the buy/sell widget, and hit the Redeem button.
  3. Follow the Redemption process, and as a result, your DEFISOCKS token will be burned.
  4. Once the burn is confirmed (transaction completed), you’re officially part of the raffle.

If you hold at least 1 DEFISOCKS token, follow these steps:

  1. Go to defisocks.com, scroll down to the buy/sell widget, and hit the Redeem button.
  2. Follow the Redemption process, and as a result, your DEFISOCKS token will be burned.
  3. Once the burn is confirmed (transaction completed), you’re officially part of the raffle.

When does the raffle start, and how long does it take?

The deadline to enter the raffle is 15 March 2021, 8 pm GMT+1. We take a snapshot of the eligible addresses and do the raffle shortly after.

How are the winners selected?

Winners are selected randomly. We put the whitelisted addresses into a random picker app which picks 5 winners. The process will be recorded and shared in an upcoming blog post.

More reasons to redeem your socks!

Apart from taking part in this raffle, if you redeem your socks you will get Pro access to APY.vision and also pre-sale access to the new limited-edition socks we’re launching soon.

Any questions?

Hop on our Telegram channel: https://t.me/defisocksofficial