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Modular L1 Foundational Infrastructure for Frontier Applications, Warden Protocol, launches Genesis Campaign Dashboard

Cryptonews2024/06/05 16:13
By:Cryptonews
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

Introduction


After launching their ‘Buenavista’ incentivized testnet, Warden Protocol core team announced their Genesis Campaign Phase 2. This new phase will be focused on offchain onchain activities that will help us scale the Warden Protocol community. The core team aim is to onboard active community members with a gamified leaderboard experience that will ultimately reward contributions with WARP tokens; a liquid tokenized representation of your activity.

Warden Protocol in a Nutshell


Warden Protocol is a modular L1 blockchain for developers to deploy omnichain AI-driven applications. Powered by Proof of Intent, Warden enables trailblazing modular cryptography. . Warden Protocol modular infrastructure, enables chain abstraction, interoperability, secure and agentic applications. .

This means that developers can seamlessly leverage and deploy a set of blockchain-agnostic composable modules to build their AI driven decentralized applications; thus making them accessible to a wide range of users on multiple networks at the same time.

As an example, SpaceWard; the first OApp (Omnichain Application) deployed and maintained by the Warden Labs team, allows users to aggregate their blockchain assets and wallets, intent proofed agentic transactions on both EVM and Cosmos-SDK networks.

The Genesis Campaign Leaderboard


Warden Protocol Incentivized Testnet Leaderboard offers a gamified onboarding experience that will allow you to get onboard with the Warden Protocol ecosystem by:

  • Creating an offchain/onchain profile.
  • Completing one-time quests.
  • Completing recurring quests.

Offchain Quests:

At the beginning of the onboarding, you can create a user profile that will be a combination of your social accounts (X, Telegram, Discord) and your onchain addresses. Then, you will be able to redeem points by joining Warden Protocol Telegram, Discord and Interacting with Warden Protocol X posts. Ultimately, posting $WARD on X as well as engaging posts with the @wardenprotocol tag will be rewarded (the more engagement you get, the more points you earn).

Onchain Quests:

After completing the onboarding process, you will be able to earn points by interacting with Warden Protocol Buenavista Testnet as well as SpaceWard; the intent-centric OmniApp. The more you interact with the network and SpaceWard, the more points you will earn.

The WARP Token


WARP is the first alt token of the Warden Protocol ecosystem and a Liquid Representation of the Genesis Campaign Airdrop Points. It makes a portion of your airdrop points fully transferable and tradeable on Base. Holding WARP will make you eligible for the future WARD airdrop, and you can find it listed on Uniswap MEXC .

That’s not all because the Warden Protocol team also recently announced that WARP will be used as the utility token of YieldWard; the second OApp to be released on Warden Protocol. YieldWard will allow you to lock liquidity to collect sustainable yield based on multiple DeFi protocols.

Finally, the WARP supply has been recently burned to a total supply of 4,675,000 tokens making it a scarce resource.

Read more about WARP

The WARD Token


WARD is the native utility token integral to the Warden Protocol ecosystem. It is designed to facilitate various operations such as governance, staking, protocol fees and as a medium of payment for operators.

Fair Launch Mechanism:

The WARD token distribution will adopt a fair launch mechanism. This approach ensures a wide and equitable distribution of tokens, preventing market manipulation and ensuring a rapid distribution of stakeholders and community governance as the majority of the supply will be unlocked day 1 to reduce the delta between MC FDV.

Incentives:

The Warden Protocol will distribute WARD to stakeholders to incentivise behaviours that add value to the Warden ecosystem.

Incentive Programmes

  1. Ecosystem Community Incentives – these incentives will be used to grow the ecosystem and further the long-term interests of the protocol,
  2. Developer Incentives – these incentivises are for developers building and deploying applications on Warden. Additionally, an Activity Mining Programme will be launched rewarding applications that reach certain milestones (e.g. total value locked, monthly active users), and their users.
  3. RD Programmes – where Warden Protocol would benefit from additional core functionality, or integrations, Warden will commission work to developer teams to contribute to the core execution layers of the protocol.

Read more about WARD

Phase 2: Incentivized Testnet


This phase will start this Monday, June 3, 2024 at 5pm UTC and will last until we announce our Mainnet. To participate, you will need to join our Leaderboard page and complete the quests that are listed there after the onboarding phase.

How to participate?

  • Go to Leaderboard Page
  • Complete the Onboarding Quests
  • Complete the Daily offchain onchain Quests

Join the Warden Protocol Community:

  • Follow us on X: https://twitter.com/wardenprotocol
  • Join our Discord: https://discord.gg/wardenprotocol
  • Join our Telegram: https://t.me/wardenprotocol

More about Warden Protocol:

  • Website: https://wardenprotocol.org/
  • Docs: https://docs.wardenprotocol.org/
  • Blog: https://wardenprotocol.org/blog

Github: https://github.com/warden-protocol

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Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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