Mission 2

Mission 2 Date:

Start: September 02, 2024 00:00 UTC End: September 15, 2024 23:59 UTC

TL;DR - Activities for earning Tephra in Mission 2:

1. Trading on Lavargae platform: Continue to trade on our dApp as you did in Mission 1. Each transaction fuels our journey further into the cosmos.

2. Partner exclusive boost: Take advantage of an exclusive 10% boost offered in collaboration with our esteemed partner, Backpack.

3. Social and Community Quest on Galxe: Engage with our social media and communities through Galxe quests to earn points.

Trading

Breakdown (remains the same as Mission 1)

Trading Example:

Imagine you opened a position of 1 $SOL using 2x leverage, i.e. you borrowed an additional 1 $SOL (Open Borrow Size) resulting in a total Open Position Size of 2 $SOL.

After 10 days, you closed the position with 0.02 $SOL of Interest Paid and a profit of 1.50 $SOL (Sold Profit Made), resulting in a Sold Position Size of 3.50 $SOL.

Base on our current rate, your total Tephra earned for this trade will be as follows:

Start to earn Tephra on our platform: https://app.lavarage.xyz

Partner Exclusive Boost

Backpack 10% Tephra Boost 10% extra Tephra points will be rewarded to the Trading activities of all users of Backpack wallet during this promotional period. If the user in the example above was using the Lavarage platform with a Backpack wallet, the user would earn 1459 * 1.1 = 1604 points.

Social & Community Quest

Galxe quest collection "Tephra exploration: Mission to the Moon" Link: https://app.galxe.com/quest/lavarage/GC39htxBim

Collect Social Points As you traverse the rugged landscapes of our social platforms, each task you complete fuels your climb with more Social Points. Remember, the path to the moon is not a solitary journey; the more you interact and participate, the richer your rewards.

Understanding Your Gear: Points Conversion While you gather Social Points along this journey, bear in mind that these are NOT the same as Tephra Points.

Bi-Weekly Social Missions Each leg of our journey is structured around a bi-weekly campaign, aligning with the Mission timeframe. As you pace yourself, keep an eye on the horizon for the next starting point.

Monthly Community Missions Active Discord members will be granted roles automatically. You may claim your social points with the roles on Galxe "Lavanaut Community Quest". Please check #lava-credits channel for the role eligibility: https://discord.com/channels/1187376783356612718/1199843717369045062

Bonus Rewards from the Crater At the end of each campaign, the volcanic crater offers up its treasures. A bonus is calculated based on the total Tephra points amassed from trading activities during the mission. In our first social campaign, which marks the start of Mission 2, the bonus rate erupts to 25%.

For instance, if our collective trading efforts generate 10,000 Tephra points, an additional 2,500 Tephra points will be released from the crater's depths. These will be distributed among you, our brave Lavanauts, in proportion to the Social Points you’ve earned during your journey!