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Get ready for Coin98 x Jasper Vault: Novice to Degen Options Kickoff and win up to $7,100!

Get ready for the next event in Web3 Playground: Coin98 x Jasper Vault’s Novice To Degen Options Kickoff! Dive into exciting activities and grab your chance to win a share of up to 7,100 USDT in rewards. Don't miss out on the thrill and the prizes!
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Coin98 Wallet
Published Jul 03 2024
Updated Aug 14 2024
7 min read
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Get Set for Coin98 x Jasper Vault’s Novice To Degen Options Kickoff!

Welcome to the next thrilling event in the Web3 Playground series! Coin98 and Jasper Vault present the Novice To Degen Options Kickoff, an exhilarating journey into the world of options trading. Engage in exciting activities, explore innovative trading modes, and seize your chance to win a share of up to 7,100 USDT in rewards. Whether you're a beginner or a seasoned trader, this event is a great time to give options trading a try. Get ready to dive into the action and elevate your trading game!

Get Started

To be eligible for these events, you must use Coin98 Super Wallet and have a wallet.

If you don’t know how to create a wallet on Coin98, please find the tutorials here.

With a total reward of 7,1600 USDT, there are two main activities lined up for the Novice To Degen Options Kickoff:

Activity 1: Social Giveaways

In the first phase of the Novice To Degen Options Kickoff, we're hosting a social giveaway where you can win prizes. Join the fun and let the giveaways begin!

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Total reward: 2,000 USDT in details:

  • 1,500 USDT for 150 lucky winners (10$/winner)
  • 500 USDT for the top 3 referrals who invite the most friends to join the campaign: 
    • Top 1: $250 
    • Top 2: $150 
    • Top 3: $10O 

Duration: 4:00 PM July 03 - 11:59 PM July 17, 2024 (UTC+7) 

Platform: TaskOn 

Format: Lucky Draw 

How to join: Complete these simple tasks on TaskOn via this [LINK], including: 

Notes: 

  • Users can use the Coin98 Super Wallet Extension to join the campaign. 
  • Rewards will be randomly distributed by TaskOn to eligible lucky winners and sent directly to the users’ TaskOn account used to participate in the TaskOn event.

Activity 2: Novice To Degen Options Kickoff

Join us for an exciting dive into the world of trading options! Whether you're a newbie or a seasoned trader, this event offers an opportunity to enhance your trading skills and potentially boost your earnings. With up to 5,100 USDT in rewards, this is your chance to learn, trade, and win big. Don’t miss out on this exciting kickoff event!

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Total reward: 5,100 USDT in details:

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Duration: 4:00 PM July 03 - 11:59 PM July 17, 2024 (UTC+7) 

Platform: TaskOn 

How to join: Complete these simple tasks on TaskOn via this [LINK], including: 

Notes: 

  • The Jasper NFT Voucher is a free trading voucher that gives winners one free 2-hour options trade. Jasper Vault will be in charge of distributing the NFT vouchers directly to winners' wallet addresses when the campaign ends.
  • You're eligible to participate in three campaign pools. If you make more than one trade on a wallet, the FCFS reward will be counted for your first trade. Other reward pools will be determined based on your wallet address.
  • To join on Jasper Vault on Coin98 Super Wallet Extension:

Step 1: Connect your Coin98 Super Wallet on https://app.jaspervault.io/trade?mode=degen (Arbitrum chain). Ensure you have USDT on the Arbitrum chain to place a trade.

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Step 2: Choose the token you want to trade.

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Step 3: Select your desired trading duration.

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Step 4: Choose the amount you want to trade.

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Step 5: Place a Long Call if you think the underlying token will increase in price; place a Long Put if you think the underlying token will decrease in price.

Activity 3: Welcome Rebate for New Traders

If you're new to options trading, don't worry! We offer a 'Welcome Rebate for New Traders,' allowing you to trade without fretting over losses. Make your first trade from your wallet and enjoy a rebate—up to a total of 10,000 USDT. By participating, you also qualify for Activity 2. Why not create your new wallet and make your first trade today?

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Total reward: up to 10,000 USDT for the first 4,000 unique wallet addresses that make their first trade on the Jasper Vault.

Duration: 4:00 PM July 11 - 11:59 PM July 17, 2024 (UTC+7)

Platform: TaskOn

Format: FCFS

How to join: Complete these simple tasks on TaskOn via this [LINK], including:

  • Make Your First Trade on your new wallet address on the Jasper Vault.
  • Go to TaskOn [LINK] to click 'Verify' and ‘Complete’ the task using the wallet you traded with.
  • Invite friends to join this campaign (Optional)

Notes: 

  • Users can use the Coin98 Super Wallet Extension to join the campaign.
  • Rebate Calculation:
    • The rebate is capped at USDT 2.5 per new wallet address should the trade exceed USDT 2.5.
    • Example, if a user trades USDT 50, they will receive a rebate proportional to their trade amount, up to the maximum of USDT 2.5.
  • The campaign is only valid for new wallet addresses created during the campaign period.
  • The rebate is applicable only to the first trade made by the new wallet address.
  • The rebate will be credited to the user’s wallet within 1 business days after the trade is completed.
  • Jasper Vault is responsible for the distribution of rewards.
  • Jasper Vault reserves the right to modify, suspend, or terminate the campaign at any time without prior notice.

Activity 4: 7-Day Leaderboard Challenge

Consistent Coin98 Super Wallet traders on Jasper Vault in 7 days will share in a prize pool of 400 USDT in cash rewards! To be eligible for this Leaderboard Challenge, you must participate in the Coin98 x Jasper Vault on-chain campaign on TaskOn and execute at least one trade on Degen Options.

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Total reward: up to 400 USDT

Duration: 4:00 PM July 10 - 11:59 PM July 17, 2024 (UTC+7)

Platform: TaskOn

Format: Top leaderboard

How to join: Complete these simple tasks on TaskOn via this [LINK], including:

  • Complete the task on TaskOn via this [LINK].
  • Connect your Coin98 Super Wallet to Jasper Vault and make at least 1 trade for 7 consecutive days.
  • Invite friends to join this campaign (Optional)

Notes: 

  • First of all, a Coin98 Leaderboard tab will be found on the top navigation menu of our Jasper Vault dApp.
  • The campaign runs from 4PM 10 July 2024 to midnight 18 July 2024, Vietnam timezone.
  • In this campaign, users will be ranked by your Days Streak. Users increase their Days Streak by trading at least once every day. If you forget to trade on one day, your streak will return to 0. If you trade again on that day, your streak will go to 1.
  • Jasper Vault is responsible for the distribution of rewards.
  • Here’s the reward structure. On the first day, 1 lucky trader will win 6.25 USDT. From Day 2 to Day 7, 3 traders from each Days Streak category will be chosen in a lucky draw format to be awarded 6.25 USDT each directly in their wallets within 24 hours the next day:
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Terms and Conditions 

1. All users are welcome to join the event. Users are solely responsible for determining and complying with applicable regulations (including foreign exchange restrictions) while participating in all Coin98 events. 

2. Entry into the Novice to Degen: Options Kickoff will be deemed as acceptance of these Terms and Conditions.

3. All the event information is officially valid and updated only on this blog post.

4. The winners consent to the publication of wallet addresses (revealing the 5 first and 5 last digits of the wallet address) on Coin98 social channels.

5. After the campaign ends, the rewards for the Social Giveaway event will be distributed on TaskOn. Winners can claim their rewards through their TaskOn account, you can check more details HERE. The rewards for the Novice to Degen: Options Kickoff event will be distributed directly to the winners' EVM wallet addresses 14 working days after we announce the winner list. The winner list will be announced 14 working days after the campaign ends.

6. Users can contact us through Coin98 Live Chat for support with any questions they have during the event's occurrence.

7. Any detected cheating will be automatically handled by Coin98's decision without prior notice.

8. Coin98 reserves the right to change these terms and conditions at any time without prior notice.

9. All final decisions belong to Coin98 and Jasper Vault.

10. For the referral event on both Social Giveaway and Novice to Degen: Options Kickoff events, we will adhere to the minimum number of invitees specified in the TaskOn table to distribute the rewards. If there are no winners for the referral, we will make further announcements regarding its utilization.

11. The Welcome Rebate for New Traders and 7-Day Leaderboard Challenge events are additional events during the campaign. Jasper Vault is responsible for distributing rewards, while Coin98 Super Wallet handles eligibility verification.

About Jasper Vault

Jasper Vault is a peer-to-peer interoperable options protocol to drive options for the 99%, making DeFi options intuitive, simple and safe. With the protocol's innovative application of Account Abstraction (AA) technology, Program Derived Addresses (PDAs), and Atomic Swaps via Hash Time-Lock Contract (HTLC), the protocol enables peer-to-peer trading and interoperability between wallets on different chains. To join this Novice to Degen Options Kickoff you are also eligible to participate in the Jasper Vault Leaderboard Challenge.

Twitter | Website | Leaderboard Challenge Docs | User Guide

About Coin98 Super Wallet

Coin98 is the #1 crypto super app designed to seamlessly connect a billion users to the crypto world safely and securely. We offer users across the globe a comprehensive and trusted ecosystem of essential services, including but not limited to a non-custodial, multi-chain NFT and cryptocurrency wallet, built-in DEXs, Cross-chain Bridge, and DApp Browser, a powerful Terminal, attractive Earn, Gift & Campaign, and others.

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