2022-01-28 Lunar New Year Special Event

As we announced days before, the Lunar New Year Special Event will be launched tomorrow.

Lunar Special Event

The event starts tomorrow on Saturday 2022-01-29 08:00 (GMT+0).

The event looks like an OVTS/TSC give-away for the holiday celebration. But it comes in a very different way compared to our earlier airdrops. It’s more farming-like and you get a great chance (if you do it right) to yield more than 200% APY in this event.

It’s actually an experimental step to extend our current OVTS staking function towards a full-featured OVTS farming system - Farming S2 (Season 2).

Farming S2 - Rules

  • A new slot is enabled. Now maximumly 3 slots are available per account for staking.

  • Staking in these slots would generate Pine Cones as a return.

  • If all of these 3 slots are in actively staking status, the countdown of the Pine Cone Chest will be activated.

  • When the countdown is over (typically in 24 hours), a random amount of Pine Cones would be yielded for you to claim.

  • Claiming the yielded Pine Cones will also reset the Pine Cone Chest.

  • When the event is over (after 15 days), rewards in the pool are distributed according to your Pine Cone amount.

Farming S2 - APY

The improved OVTS farming now calculates the APY for you. Let’s take our current total staking amount (32,050,000) to show you how it is calculated:

  • Currently, 32,050,000 OVTS are staked.

  • After 15-days, OVTS &TSC (worth 3,000,000 OVTS totally) rewards will be distributed to these Pine Cone owners.

  • The overall APY (in this case) is: 3m / 15 * 365 / 32.05m ≈ 227.76%

  • The more OVTS are staked, the lower the APY will be accordingly and vice versa.

Overshoot enters Migration Period

Please kindly note that the game Overshoot will be in an “out-of-service” state after tomorrow’s update.

We will start to migrate it to Sensilet to make it more decentralized after the Lunar New Year Holiday. The migration process could be complicated and will take some time to deliver due to two aspects:

  1. The NFT contract and assets are based on a very original version of Sensible Contract. Issues need to be addressed to transfer all assets safely and smoothly.

  2. The very initial Sensilet Mobile App needs time to test and stabilize.

Please stay tuned for news about the shining new updated Overshoot.

The Lunar Egg!

The last thing is, we prepared some very special gifts for the players with the most Pine Cones yielded in this event - two pages (out of five) from the limited instances of our annual meeting NFT collection, which contains five selected slide pages from our annual presentation slides. Completely free!

Specifically, the top 3 players with the most Pine Cones collected will get the NFTs of these two pages shown below.

The player with the most Pine Cones will automatically get an airdrop of the whole collection copy when all of them are properly minted and released.

The Annual Meeting 2021 NFT Collection

More information on this:

  • The collection contains five pieces (#1-#5), corresponding to five pages (see above) from our annual presentation.

  • There will be 5 minted copies for each of these pieces (so it's simple math that there will be 5*5=25 assets totally).

  • In this event, only #1 & #2 of them will be minted and released, and the top 3 players will get both of them respectively (so simple math again, 3 * 2 = 6 assets will be rewarded this time)

  • The 2 copies of #1 & #2 will be reserved by the team (the most possible destination for them would be someone in the community and ecosystem who contributes the most to the system in the future).

  • #3, #4, and #5 are for future events coming in 2022.

  • When all of them are properly distributed, we will mint the complete collection and airdrop them to specific participants in these events like this time (the player with the most Pine Cones). The amount of the complete collection is not decided yet (depends on the progress of our future events).

Wish you good luck in the Lunar New Year Event!

Defrontier Team

2022-01-28

Last updated