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Octoblock Rewards ICO Holders With Stablecoin During Development

Jordan Avery by Jordan Avery
April 12, 2024
in Press Releases
Reading Time: 3 mins read
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Octoblock Rewards ICO Holders With Stablecoin During Development
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Exciting opportunities await Octoblock ICO holders as the project rewards early OCTO token adopters with USDC stablecoin. Octoblock is a new DeFi project with initiatives dedicated to investor satisfaction and providing sustainable returns.

USDC Yield Farming Methods

USDC yield farming can be done through various DeFi platforms with opportunities for passive income. An investor can deposit USDC to earn interest, lend, or invest in new financial products. A USDC holder can earn yield through a lending service that matches and connects lenders with borrowers offering better yields. Earning yield on USDC through an exchange typically requires the user to create an account, deposit USDC, and select a yield-earning product. Yield farming products may sometimes require users to lock up their USDC for a specific period.

Exciting Octoblock Rewards During ICO

Octoblock rewards investors through its comprehensive approaches that target investor satisfaction and welfare. Its Crowd Funded Yield Farming (cFyF) is a first-to-market approach to generating high yields for users. cFyF technology helps investors to pool resources and collaborate for their common good and attain high yields while accessing various DeFi offerings. The collaboration strives to attain inclusivity and empowers members with the platform’s governance.

The Nautilus Trove is an initiative fronted to make profits by investing funds geared toward the investor’s high APY returns, charity funding, and the platform’s sustainability. Octoblock’s USDC rewards program offers attractive APYs through Beefy Finance during the ICO phase and is calculated based on the OCTO token’s market price. Nautilus generates profits through staking, farming, stocks, and arbitrage. The profits generated are apportioned, and token holders enjoy the lion’s share at 45% through monthly USDC airdrops based on the percentage of token holdings. The stablecoins distribution is as per snapshot timings to prevent manipulation and ensure fairness.

USDC-octoblock-rewards-ico

The Nautilus Trove allocates 5% to The Tentacle Trust for charity funding activities where deserving organizations are identified through monthly votes. The Tentacle Trust will pursue causes concentrating on carbon reduction and marine welfare.

More Rewards with Octoblock ICO

A partnership with Tesla rewards ICO token holders with a Tesla EV. Each token purchased equates to one entry to the draw and the winning ticket will be randomly picked and unveiled before ICO’s completion. The prize in USDC goes to the wallet address holding the tokens. 

Octoblock pursues multiple cryptocurrency transfers and swapping, including USDC conversions through its robust Coral Cove DEX platform. The cross-chain platform will offer an inclusive, simple user interface favoring all investors regardless of experience levels.

The Saltwater Sweepstake deals with the rewards arising from accumulated funds under the Nautilus Trove. Every month, a snapshot is taken and the draw coinciding with this snapshot is held. The winner is randomly chosen and rewards are immediately distributed.

Octoblock’s ICO in phase three rewards investors with exciting rewards, a discounted $0.037 OCTO price, a high USDC yield farming APY, and a 13% bonus.

Read more on Octoblock (OCTO) here:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/

Tags: Cryptocurrency InvestingDeFi initiativesNautilus TroveOctoblock ICOUSDC rewardsyield farming
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