Introducing $SPOT - Write, Read and Earn It on Publish0x
After many months of dual-tipping ... something changed! £SPOT was introduced as the 3rd tipping token on Publish0x, a token designed to follow the $AMPL value. SPOT is an inflation resistant store of value, pegged to the Ampleforth price but without exposure to the rebase. SPOT is PAW-tastic!
Ready for rocket science? When you deposit AMPL tokens into the SPOT app, these tokens are split into 2 into two different tokens at 20% - 80% ratio. A-AMPL tokens get turned into $SPOT and have no rebase, while the Z-AMPL tokens do still rebase. The two tokens leveraged and represent the full initial amount of AMPL. Hey Crypto Bro! $SPOT created a new balance of power in the #Cryptoverse!
In conclusion, $AMPL can rebase in the holder's wallet and change the number of tokens. The $SPOT tokens will not rebase but the 1:1 peg with $AMPL will make them have the same value as an $AMPL token that can rebase. Rocket science for crypto bros!
There are still Fiat Maxies in the world, even if crypto and blockchain solution are getting slowly integrated in day-to-day life. The Crypto Bros started to stack memecoins since 2020, and not everyone can understand the AMPL rebase. This is why SPOT makes it better for crypto savvy people, as the token dynamics makes it a top store of value. Big brain people will like $SPOT! Big brain people will earn $SPOT on Publish0x!
Every new listing comes with events! The Meme Lords were called to "spot the meme" and share $300 in $SPOT rewards. The event is live until the 10th of January 2023 and four ways to win. Get ready to make Elon notice SPOT on Twitter and share your work
The participants must share their meme on Twitter with the #SPOTtheMeme tag, and optionally follow AmpleforthOrg, ButtonDeFi and Publish0x. The best meme will win $50 in SPOT, while another 10 great memes will win $20 in SPOT. I am telling you ... SPOT is a good boy!
There are 5 participation prizes of $10 for lucky meme lords and $5 random rewards for 5 users that shared the event. The tokens will be credited directly in the user's P0x account. I am sure this competition made you want some $SPOT in your bag!
My brain turned on when in heard "meme competition" ... once a meme lord ... always a meme lord! The original P0x Bros may remember when I was called Triple M - Mihalache the Meme Master! The Meme Mode was on so a new idea came with every meme I created, ending up with a Twitter thread of LOLs. $SPOT makes so much sense now!
Super Tips - 100x value then a normal tip
SPOT will have a higher chance at the tipping roulette, 40% compared to 30% chances to get either AMPL or Ethereum. The users will generate more USD, as the tip value was boosted by 27.5% after the $SPOT addition. It get's even better as super tips were added from now until 2nd of January, and users can tip an article with a 100 times bigger amount.
Kept my eye on the prize and wanted to see the amount of $SPOT earned in the first day of integration. I was pleased to see 0.96 $SPOT after only 24 hours, showing that the addition rejuvenated the activity on Publish0x.
Nice Christmas present from the Pox Team! I am not a AMPL maximalist, not even sure if they exist, but Ampleforth will always have a special place in my heart. I won a handful of AMPL-related events and let's not forget about the $FORTH airdrop. To late to wish you all a Merry Christmas but I can hope that 2023 will turn your dreams into reality!
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i already tried Publisox but I didn't figured out how it works so I just stay here😅