OpenEden Unveils "OpenSeason" Pre-Farming Event Offering 3.3 Million EDEN Tokens in Rewards

OpenEden, an innovative platform at the forefront of tokenizing real-world assets (RWA), has announced the launch of "OpenSeason," a high-stakes pre-farming event offering generous rewards to participants. Running until October 7 at 8:59 a.m. KST, this event is structured to expand the platform’s total value locked (TVL) while distributing a total of 3.3 million EDEN tokens as rewards. Participants will be able to fully claim their accrued EDEN tokens beginning October 7, signaling a key step forward in OpenEden's mission to strengthen its decentralized ecosystem.

Dynamic Rewards Driven by Total Value Locked (TVL) Growth

The hallmark of the OpenSeason event lies in its innovative, TVL-based reward system, where the reward structure dynamically scales with the platform's TVL milestones. As specific thresholds in TVL growth are surpassed, the daily distribution of EDEN tokens increases, incentivizing greater engagement and investment.

Once a higher reward rate has been unlocked due to TVL exceeding a given threshold, that rate remains active for the event’s duration—even if the TVL later drops below the milestone. This design creates a stable, performance-driven incentive structure for participants, promoting consistent investment and ecosystem growth.

Ways to Participate and Earn EDEN Rewards

OpenEden offers multiple avenues for participants to deposit assets and earn EDEN tokens. Each has its own reward structure and terms of withdrawal, giving users diverse options for engagement.

1. Curve (CRV) Stability Vault

Participants can deposit assets into the cUSDO-USDC liquidity pool on Curve to start earning EDEN tokens. The reward system is tiered based on TVL growth:

• Below $10 million: 15,000 EDEN tokens distributed daily
• $10 million to $15 million: 18,000 EDEN tokens distributed daily
• Above $15 million: 22,500 EDEN tokens distributed daily

Funds allocated to this vault will have a withdrawal lock-in period until March 1, 2026.

2. Pendle (PENDLE) YT Stability Vault

By depositing Pendle's cUSDO yield tokens (YT), participants can access higher reward potential through the following tiered structure:

• Below $1.5 million: 75,000 EDEN tokens distributed daily
• $1.5 million to $2 million: 90,000 EDEN tokens distributed daily
• $2 million to $2.5 million: 105,000 EDEN tokens distributed daily
• Above $2.5 million: 120,000 EDEN tokens distributed daily

Deposits in this vault are subject to a withdrawal lock until November 20, 2025.

3. Holding Native Yield Tokens (YT)

For a more passive earning strategy, participants can simply hold yield tokens (YT) from recognized platforms such as Pendle, Napier, or Spectra, which are tied to the cUSDO market. Fixed daily EDEN token distributions are allocated as follows:

• Pendle: 15,000 EDEN tokens
• Napier: 4,500 EDEN tokens
• Spectra: 2,250 EDEN tokens

This option provides flexibility for participants seeking straightforward rewards while contributing to ecosystem liquidity.

Empowering Transparency with zk-Technology

A significant innovation powering OpenSeason is the integration of zero-knowledge (zk) technology from Brevis. This implementation ensures all user contributions are transparently verified on-chain in a reliable and secure manner. By leveraging zk-proofs, OpenEden underscores its commitment to transparency and accountability, giving users confidence in the integrity of the reward distribution process.

About OpenEden

Founded in 2022, OpenEden is a trailblazing platform that bridges traditional finance (TradFi) with decentralized finance (DeFi) through the tokenization of real-world assets (RWAs). The platform emphasizes regulatory compliance, security, and cutting-edge blockchain technology to enable users to access tokenized RWAs within a fully regulated framework.

By fostering transparency and trust, OpenEden aims to redefine financial accessibility for a global user base, enabling seamless interaction with on-chain assets through its robust infrastructure.

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