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On the afternoon of June 13, Ethereum’s price fell below $1,200, down 18% intra-day. Its price has nearly been decimated in the past year. Meanwhile, Bitcoin also sank to $23,825, down 13% intra-day and hitting its lowest point since December 2020. In addition to the significant price declines of Ethereum and Bitcoin at this point, many other mainstream tokens also saw steep declines. But in this context, CUBE showed the opposite trend. According to CMC, CUBE began to rise in the afternoon of June 13, with a maximum intra-day increase of more than 60%. Its price has risen nearly 240% since its launch date of June 9.
Cube Network and Capricorn are two recent projects which have drawn the most interest and anticipation in the vibrant DeFi ecosystem. To further promote the development of Cube Network ‘s user ecosystem, Cube Network plans to jointly launch the “Embark on Your Cube Journey” with Capricorn in June, which will comprise three campaigns, namely “Gas 4 you”, “Early Bird Super AirDrop”, and “Cube Network Ecosystem Invitation”.
From various perspectives, including project background and campaign strength, it can be readily seen that the “Embark on Your Cube Journey” will inject a massive stimulus into the DeFi market.
Cube Network is a high-performance, scalable and modular architecture Layer 1 blockchain. It supports multi-chain and cross-chain protocols, and is fully compatible with EVM and the Cosmos ecosystem. Cube Network is committed to participating actively in the development of decentralized cross-chain protocols, and in Web 3.0 infrastructure to give users the next-generation multi-chain experience.
Capricorn is the first protocol incubated by Gringotts Labs, which plans to launch a matrix of DeFi projects to accelerate the expansion of the Cube Network ecosystem. As the first DEX project on Cube Network, Capricorn has received hundreds of millions of USD in liquidity investments.
Capricorn’s all-round dazzling performance on the Cube Network Testnet has heightened market expectations of its governance token CORN. Crypto pundits speak highly of the newly released tokenomics, which sent price expectations of CORN to new highs.
The following are details of each campaign under the “Embark on Your Cube Journey”.
Campaign 1: Gas 4 you
To welcome the mainnet ecosystem, Cube Network will launch a GAS drop program that covers a million addresses on June 19, 2022. This program is a joint initiative of Cube Network and Capricorn DEX. Users can go to the Faucet in Capricorn to fill in their Cube Network address and receive 0.01 CUBE of GAS. Each address is only eligible for one claim, and each IP address can only claim once every 10 minutes.
Opening time: June 19, 2022
Campaign warm-up time: June 14, 2022 to June 18, 2022
Campaign 2: Early Bird Super AirDrop
The age-old adage holds true: the early bird gets the worm. Users can get an airdrop by completing the following missions:
- Follow @Cube0x and @CapricornFi on Twitter.
- RT Early Bird Airdrop campaign tweet.
- Join Telegram community: https://t.me/CubeCornEarlyBird
- Fill out the form: https://forms.gle/rhyVyi6fxNd1qaXv9
150,000 users will be eligible for the rewards.
Mission Start date: June 14, 2022
Airdrop Claiming: Jun. 19 to Dec. 19, 2022
Campaign 3: Invitation to Cube Chain Ecosystem
Active users on Cube Network who complete the following missions over the last three months can win a 50 CUBE airdrop and claim it on Capricorn:
- TOP 12,000 Users who have added liquidity of more than $10,000 to Pancakeswap/Tarder Joe/Spookyswap/Mdex during the last three months.
- TOP 12,000 Users who have interacted the most on Pancakeswap/Tarder Joe/Spookyswap/Mdex during the last three months.
- TOP 12,000 users with the highest transaction volume at Pancakeswap/Tarder Joe/Spookyswap/Mdex during the last three months.
A total of 36,000 users will be eligible to claim the airdrops.
Airdrop Claiming: Jun. 19 to Dec. 19, 2022
While the crypto market has turned bearish, Capricorn and the Cube Network ecosystem have bucked the trend and showed tremendous growth momentum. With the “Embark on Your Cube Journey” campaign kicking off, CUBE and CORN have set unprecedentedly high expectations and will continue to surprise us!