October was yet another exciting month for the PandoTeam. We recorded unprecedented progress and enjoyed every moment of building a rewarding experience for all users.
Let’s take a look at what happened in the past month at Pandora through this article!
User Level System Release
User Level, the first action-based reward system that ranks all Pandora‘s users according to their participation in the protocol, went live on 20 October 2022. With this system, users can go up in levels and receive multiple benefits for their level of engagement with the Pandora Dapp.
The following benefits have been made available to all users who have been ranked in Pandora’s user-level system:
- Extra trade mining rewards
- Extra NFT staking rewards
- A fee reduction when unlocking NFT staking slots
The more you engage with our Dapp, the higher your level, and the more benefits for you.
Check your current user level and receive the benefits that match your level via this link.
You can also track other users’ current ranks and accumulated EXP here.
5th Periodic Reduction in Daily PandoBox Supply
Following Pandora’s original plan to cut the daily PandoBox supply every 30 days, on 19 October 2022, we reduced the daily PandoBox supply from 524 to 471 boxes/day. The next cut date is 19 November 2022.
Did you know that upon opening a PandoBox, you will receive a randomly generated DroidBot that can earn you stable passive income, lottery tickets, and chances of winning huge jackpots.
Immerse yourself in the limitless possibilities of the PandoVerse by visiting this link.
Pandora’s Legend User Contest is Live
We are sure you’ve all waited long enough to join a new community event on pandora.digital. So we ended the wait with our “Legend User” contest, which offers a prize pool of $20,000! Bringing the competition live last month is something we’re still proud of.
Check out the detailed terms and conditions of the contest here.
Visit this page for a step-by-step guide that aims to help you better navigate the contest site.
PandoBurn Report on 16 October 2022
PAN and PSR burning are extremely important to the value of PAN and PSR alike and the stability of the Pandora ecosystem. Up to 16 October 2022, over 30M PAN & 124K PSR had been burned, and this burning process is continuing with each passing second.
Upgrade DroidBots, craft PandoBoxes, and unlock Staking Slots to help us speed up this process.
Pandora x Fabwelt Grand Collaboration
Fabwelt uses a revolutionary idea that integrates blockchain technology into the core of the best-quality video games. The partnership between Pandora and Fabwelt is a win-win for both projects. It will provide a boost for Pandora’s user growth and give Fabwelt’s gamers access to an extensive catalog of innovative DeFi products available exclusively on pandora.digital. With this partnership, both projects are well-positioned for continued success in the months and years ahead.
Read our partnership announcement to find out more about the details of this promising collaboration.
Did you know that you can now trade WELT (the native token of Fabwelt) to earn passive PAN income on pandora.digital: https://pandora.digital/swap
2nd PAN Distribution Adjustment
Pandora is striving to recognize the crucial role of its traders in the Pandora ecosystem as a whole. Therefore, the team decided to raise the number of PAN tokens distributed to Trade Mining per block. As of 7:00 AM UTC on 4 October 2022, the number of PAN tokens allocated to trade mining per block increased from 6.4125 to 9.68125.
Multiplier Adjustment to PandoFarms
At Pandora, we are always working hard to deliver the greatest products and experience to our users. After careful analysis of the demand and popularity of our existing farming pairs, we have decided to change the multiplier for many of them. This will help us to better match the needs of our users and to provide a more optimal experience for everyone. More information regarding these changes can be found here.
We appreciate your patience as we made these changes and we look forward to continuing to provide the best possible service to our farmers. Thank you!
Final Words
We are all pleased with our achievements this month. Every member of our community has contributed to our success and we are grateful for the support that we have received. We have some exciting plans for the future and we hope that everyone will continue to support us. We are working on some super exciting offers and we can’t wait to share them with our community. Thank you for sticking around and we hope you enjoy what we have in store.
| Sustain your finances with Pandora – your favourite DeFi companion! *Telegram Group DEX: https://t.me/PandoraCommunity *Telegram Channel DEX: https://t.me/PandoraDigitalNews *Telegram Group Launchpad: https://t.me/Pandora_IDO *Telegram Channel Lauchpad: https://t.me/PandoraIDO *Twitter: https://twitter.com/Pandora_DEX *Facebook: https://www.facebook.com/PandoraDigital.DEX/ *Instagram: https://www.instagram.com/pandora_dex/ *Medium: https://medium.com/@pandora_digital *Discord: https://discord.gg/pandoradigital *Reddit: https://www.reddit.com/r/pandoradigital/ *Blog: https://news.pandora.digital/ *Partnership: https://partner.pandora.digital/ *Official Dapp: https://pandora.digital/ ***Beware of fake accounts impersonating pandora.digital. We will NEVER text you first and ask for your private keys or individual information. |
