Weekly Rewards with the fight of market caps
Last updated
Last updated
The Jake Paul Versus Mike Tyson DeFi project introduces an exhilarating competitive element known as the "Fight of Market Caps," a novel concept designed to foster community engagement and investment in the project. This ongoing weekly competition pits the market capitalizations of the $JAKEP and $MTYSON tokens against each other, turning market performance into a spirited contest that mirrors the rivalry of the project's namesake boxers.
Token Airdrops for Winners: Each week, the token with the higher market capitalization at the end of the period is declared the winner. Holders of the victorious token—whether it be $JAKEP or $MTYSON—receive airdropped tokens as a reward for their support and participation in the project's ecosystem. This mechanism incentivizes not only investment and holding but also active promotion and community engagement to boost the token's market performance.
Airdrop Eligibility: All holders of the winning token by the weekly cutoff time are eligible for the airdrop, ensuring that rewards are distributed broadly and equitably among supporters. The size of the airdrop each holder receives may be proportional to their token holdings, further rewarding those deeply invested in the project's success.
Transparent and Fair Process: Utilizing smart contracts, the airdrop process is automated and transparent, with the criteria and distribution mechanics clearly defined and executed on the blockchain. This ensures fairness in the competition and trust in the reward system.
Market Cap as a Metric of Success: By focusing on market capitalization as the key performance indicator for the weekly contests, the project encourages both short-term trading strategies and long-term holding. Participants are motivated to increase both the liquidity and value of their preferred token, contributing to the project's overall market strength and visibility.
Community and Strategy: The Fight of Market Caps encourages the formation of strategies within the community, from collaborative promotion efforts to investment tactics aimed at boosting the token's market cap. This not only enhances the project's market presence but also fosters a strong sense of community among participants.
The Fight of Market Caps is a cornerstone feature of the JakePaulVersusMikeTyson DeFi project, blending the competitive spirit of boxing with the innovative potential of decentralized finance. By rewarding holders of the weekly market cap victor with token airdrops, the project not only incentivizes active participation and investment but also cultivates a dynamic and engaged community. As participants rally behind their chosen token, the Fight of Market Caps embodies the project's ethos of competition, reward, and community, setting the stage for an ever-evolving landscape of decentralized finance.
