Best of all, you can win between $100 to $1000 USDC in the Testnet competition.
Let's get inβ π§΅
2/ Overview
LandX is solving an age-long problem for farmers - access to capital.
Simply put, LandX is a perpetual commodity vault protocol that aims to reduce the impacts of food scarcity on a local and global scale. They're built on @ethereum
3/ LandX is at the forefront of RWA crypto adoption with its innovative solution.
And they're presenting an opportunity for retail investors to earn #RealYields while solving the world hunger crises - by financing farmers.
- FAO predicted global hunger and food-shortage crisis
- Farmers are in dire need of raising capital
5/ Here's a brief of how it works:
Farmers will commit their land's crop to LandX to access capital, and validators will confirm the property and seal the deal.
Then, investors will deploy their crypto assets to invest: in exchange, they'll get xTokens.
6/ Now, let's talk about the Testnet
LandX will perform a final testnet before going live with a "dress rehearsal" launch on Ethereum's Goerli testnet set to begin on the 5th of December, 2022.
The testnet aims to perfect and replicate what will happen on the Ethereum mainnet.
7/ So, how do I participate anon?
I'm glad you asked.
To participate, do the following:
1. Follow @landxfinance 2. Join their discord: discord.gg/landx 3. Fill out the form on their 'Landxdao application' discoed channel
8/ That's not even all.
There will be a dress rehearsal trading competition, of which many prizes will be won, including an Omega Role - a priority access to the LNDX token sale.
The prices include the following:
9/ 1st place: $1000 real USDC + Omega Role + LandX Swag
2nd place: $750 real USDC + Omega Role + LandX Swag
3rd place: $500 real USDC + Omega Role + LandX Swag
4rd place: $250 real USDC + Omega Role + LandX Swag
5rd place: $100 real USDC + Omega Role + LandX Swag
10/ 6th place: $100 real USDC + Omega Role + LandX Swag
7th place: $100 real USDC + Omega Role + LandX Swag
8th place: $100 real USDC + Omega Role + LandX Swag
9th place: $100 real USDC + Omega Role + LandX Swag
10th place: $100 real USDC + Omega Role + LandX Swag
Etc.
11/ One more thing:
Add (π½,πΎ) emoji's to your Twitter handle to join LandX Farmers Guild (LFG) for access to other future benefits.
If you're not already, it's time to pay attention π§
A thread on DeFi Options, and 5 undervalued gems to add to your watchlist: π§΅
In simple terms, An options contract offers the buyer the opportunity and option to either buy or sell an asset at a pre-accorded price.
It's simple logic. You enter a contract ( not obligatory) to buy or sell a commodity at a certain rate in the future.
And when the time comes, you can accept to buy or decline the offer.
Investors could place long (buy) or short (sell) bets on crypto assets or commodities with a small fee (premium), even without having the full cost in possession.