The hot Octoblock project is getting enormous attention across chains as Solana news reports prominent Solana whales investing in the new project. Octoblock attracts early gem spotters with its strategies, goodies, and rewards while still in the presale stages.
Solana news
Solana price has dipped to $142 and Solana news is about reassuring the Solana community, despite this temporary setback. The dip saw the Solana meme coins follow suit. The Solana news reports analysts’ optimistic views on Solana and makes it interesting to observe how Solana’s recovery unfolds. Some of the reasons behind the Solana price drop are attributed to whale SOL transfers to take profits and diversify into the Octoblock platform. Others moved funds to stablecoins.
The Exciting Octoblock Platform
Octoblock introduces a package of comprehensive DeFi solutions setting it ahead of similar projects in the market. It pursues profitability and philanthropy through a combined Game Fi and DeFi experience. The platform is amidst a rewarding ICO, discounted at $ 0.038 per OCTO token. The ICO funds are applied by the Nautilus Trove to generate and distribute profits through ICO staking. The activity generates high APY, with profits apportioned to projects under the platform’s initiatives. Through Beefy Finance, Octoblock maintains profitability and sustainability. Octoblock also deploys a philanthropic arm dealing with partners to fund marine conservation. Other prominent approaches initiated by the platform include Crowd Funded Yield Farming (cFyF) and Coral Cove DEX. Coral Cove aims to establish a multi-chain interoperable platform supporting hundreds of crypto assets. OCTO’s ICO has attracted inflows across chains, with SOL whales also onboarding. Saltwater Sweepstake gets 5% to reward loyalty and trust, holding draws every month, featuring a snapshot of holders at a given time.
USDC Airdrop Rewards
Octoblock’s USDC airdrops are unique. It rewards all ICO participants and the airdrops occur weekly on Mondays, The allocated amounts will be proportionate to the investor’s OCTO holdings. The rewards APY is high and the platform strives to maintain it at high levels always. The disbursement is through the ICO wallet addresses as indicated during the account opening. The current APY of 165%, displayed on the platform’s website is promising for a new project. Octoblock has already locked $27,394 and the total rewards to date are $1750.
The Tentacle Trust runs a competition whose entry is the OCTO tokens. Every token acquired qualifies to be entered into the draw for the ultimate prize, a sleek 2024 Tesla or 50,000 USDT. The draw will take place before launch.
Octoblock; ‘s decision to airdrop USDC is visionary as the platform will ensure stable investor holdings and a hedge against adverse market conditions.
Find more information here:
Buy OCTO: https://reef.octoblock.io/register
Website: https://octoblock.io/
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