The NAO Project is built on the foundation of transparency and a deep commitment to equality between the project and its users. Through a revenue-sharing model coupled with the NAO Governance Pool, the project has successfully established a collaborative, sustainable investment, and community-driven mechanism.
Launching on 2022.06.29, the unwavering contributions and efforts of the user community and the team have propelled the project to achieve remarkable milestones, demonstrating its resilience and long-term viability. Key achievements include:
- Over 700,000 users actively utilizing NAO Futures
- Surpassing 12,000,000,000 USDT in NAO Futures trading volume
- Distribution of over 1,200,000 USDT to users participating in the Governance Pool
- Hosting 13 NAO Futures tournaments with a total prize pool of 12,000,000,000 VNST
This July, In commemoration of the NAO Project's remarkable two-year anniversary, Nami Exchange officially launches the NAO Infinity campaign, promising to bring fantastic experiences and numerous attractive benefits to the user community.
Introduction to the NAO Infinity Campaign
Discover the explosive NAO Infinity campaign with a series of gratitude events and community-boosting activities, including:
- Root Reward: a reward program to appreciate pioneer users who have contributed to building an increasingly strong foundation
- Launch of SB NAO Infinity valued at 100,000 VNST, a welcome gift for new users, opening an exciting journey of discovery at Nami Exchange.
- Fiber Ref: a top referral competition to expand the user community.
- Nami Earn launched NAO locked pools: an opportunity to increase passive income from NAO with APR of up to 69.9%.
- Accelerate with NAO: a reward program offering NAO tokens to users trading NAO Futures.
Get ready to immerse yourself in the vibrant atmosphere and enjoy unique experiences with immensely valuable rewards only at NAO Infinity!
1. Root Reward
Kick off with the explosive Root Reward event, dedicated to users who have accompanied the project over the past year. This is a heartfelt token of appreciation from Nami Exchange and an opportunity for users to experience the attractive transaction fee reduction feature of the NAO token on the NAO Futures product. Details of the program are as follows:
Subject: Users have completed a NAO Futures trade but have not ever used NAO token as trading fees in the period of 2023-06-30 17:00 to 2024-06-30 17:00 (UTC).
Distribution Method and Timeline: During above period, users who meet the required accumulated NAO Futures trading volume converted to USDT (trades with other underlying assets will be equivalently converted) will receive corresponding NAO token rewards according to 4 trading volume range and distribution times, specifically:
| Timeline (UTC) | Trading Volume Range (USDT) | Rewards (NAO) |
|---|---|---|
| 2024-07-15 03:00 | From 100 to 1,000 USDT | 10 |
| 2024-07-22 03:00 | From 1,000 to 10,000 USDT | 20 |
| 2024-07-29 03:00 | From 10,000 to 50,000 USDT | 50 |
| 2024-08-05 03:00 | Over 50,000 USDT | 100 |
Notes:
- Each user can only receive the reward once
- The rewarded NAO tokens can only be used for NAO Futures trading fees and cannot be traded or participated in the Governance Pool or Nami Earn Pools.
- Trading fees from the rewarded NAO tokens will not generate referral commissions.
- Users can check NAO Futures trading volume in the "Futures Statistics" section.
2. SB NAO Infinity Rewards
To mark the 2-year milestone of the NAO project's launch and its sustainable contributions, Nami Exchange proudly introduces SB NAO Infinity – a welcome gift for new users, opening up an exciting journey of discovery at Nami Exchange.
About SB NAO Infinity
The NAO project has established and proven its sustainable contributions. SB NAO Infinity is launched as a gift for new users, while also marking a new step forward in Nami's journey with a mission to create a future of equality, transparency, and community-oriented benefits.
Details Information about SB NAO Infinity
Mechanism
- Subject: Users who completed KYC in the period of 2023-06-30 17:00 to 2024-06-30 17:00 (UTC) but have not completed any transaction or trade on the Nami Exchange.
- Quantity: 1,000 SB
- Distribution Method: Users who is eligible will receive a notification to claim the SB NAO Infinity reward via email and Nami Exchange app. Users can follow the instructions provided to claim reward, SB will be automatically transferred to the user's Nami Infinity wallet after the user claims it.
(*) Transaction and trade includes: Deposit and Withdrawal, Spot, Swap, Futures trading, Nami Insurance contract, Nami Lending order, Nami Earn subscriptions, Auto-invest plan execution.
Benefits
- SB NAO Infinity's owners will receive 100,000 VNST as an experience bonus in NAO Futures wallet. The rewarded VNST is to be used for margin in NAO Futures. Users need to achieve a trading volume of 200,000,000 VNST to unlock the experience bonus and any trading profits from the experience.
Distribution time
- From 2024-07-14 17:00 to 2024-08-11 17:00 (UTC) or until the numbers of SB are distributed completely.
3. Fiber Ref
To create a competitive playground exclusively for users passionate about connecting, developing the community, and having the opportunity to win valuable rewards, Nami Exchange officially launches the Fiber Ref top referral competition from 2024-07-14 17:00 (UTC) with a total prize pool of 25,000 NAO.
Information about the tournament will be continuously updated on the website Fiber Ref information .
Program Rules
- Event time: 2024-07-14 17:00 to 2024-08-11 17:00 (UTC)
- Format: Individual
- Ranking method: By number of New users (*) successfully referred.
(*) New users are defined as users who (1) registers under directly referred code from the referrer, (2) completed KYC and (3) completed the first Deposit via Partner during the program period.
Prize structure
The total prize pool of 25,000 NAO will be awarded to the top 10 users with the highest number of successfully referred new users, structured as follows:
| Rank | Number of prizes | Rewards (NAO) |
|---|---|---|
| First | 1 | 8,750 |
| Second | 1 | 5,000 |
| Third | 1 | 2,500 |
| Consolation | 7 | 1,250 |
Conditions for ranking and receiving awards
- Users need to successfully refer at least 20 friends during the tournament period to be eligible to rank
- For the First, Second, and Third prizes, successfully refer required at least 50 friends
- In cases users have the same number of successfully referred new users, the referrer with the higher total Futures trading volume (NAO Futures and Nami Futures) from referred users will be ranked higher.
How to register to participate?
Individual users do not need to register to compete, the system will automatically rank for users who have completed KYC.
4. Nami Earn launched NAO locked pools
To celebrate the 2-year milestone of the NAO project's launch with the NAO Infinity program. Nami Exchange would like to announce the launching of NAO locked pools to the Nami Earn providing users with the opportunity to increase passive income from NAO with APR of up to 69.9% from 2024-07-21 17:00 (UTC) with detailed information is as follows:
- Reward Calculation Period: From 00:00 (UTC) on the day after you subscribe to the Pools, until the end of the subscription period.
- Rewards Distribution: On a daily basis.
Details Pools:
| Digital Assets | Pool size | Durations | Estimated APR | Min. Limit per User | Max. Limit per User | Start Day | Expiry Day |
|---|---|---|---|---|---|---|---|
| NAO | 1,500,000 NAO | 10 days | 29.90% | 1 NAO | 100,000 NAO | 2024-07-22 | 2024-08-01 |
| 300,000 NAO | 30 days | 49.90% | 1 NAO | 20,000 NAO | 2024-08-22 | ||
| 100,000 NAO | 60 days | 69.90% | 1 NAO | 5,000 NAO | 2024-09-22 |
Important Notice:
- The APR is estimated and calculated under the condition that users stake the Pool from the first day.
- Please carefully read the Nami Earn Service Agreement and Nami Earn User Guide.
- Users can check their participating Earn Pools by accessing Earn Wallet from the Nami Earn interface or Nami Exchange Wallet interface.
- Time to unlock assets after completing Earn: 01 day.
- Users can always withdraw assets prematurely from registered Earn Pool. Please note, all Locked Earn rewards will be deducted from the registered Earn assets, time to unlock assets withdrawn prematurely from the Locked Earn Pool can be up to 72 hours.
5. Accelerate with NAO
After passing Proposal #5 To extend the Accelerate with NAO program, the program is ready to accompany users in the exciting commemorative program series starting from 2024-07-07 17:00 (UTC).
During this 12-week period, for every 1,000,000,000 VNST in NAO Futures trading volume (equivalent in other underlying assets), 50 NAO tokens will be minted additionally, of which:
- 25 NAO distributed to all users who completed trade and generate trading volume based on their contribution to the total weekly trading volume
- 25 NAO allocated to the NAO Futures project development fund
Note:
- The amount of NAO added by mint will not generate a commission for the referrer.
Best wishes to the community for an engaging competition and wonderful experiences on the upcoming journey of the NAO project!
More information:
- Register for Nami Exchange account
- Account verification (KYC) on Nami Exchange
- Introduction of Nami Infinity - a NFT collection page
- How to create and manage referral codes / links?
- General Instructions
- Tutorials Playlist
Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.
About Nami Exchange
Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1,000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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