Introducing $BLK: SleepEarn Finance’s new rewards program

SleepEarn.Finance
2 min readAug 30, 2021

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Like many DeFi protocols out there, we at SleepEarn are always exploring new ways to engage our investors directly. The surge of interest in the rising NFT trend has also introduced SleepEarn to a vast new audience, kicking off with the potential collaboration with Kephi Galley.

That’s the reason we’re thrilled to launch $BLK as an integral part of this modernization. $BLK can be used to redeem extra rewards.

What is $BLK?

As a KRC-20 token, Blanket Token (BLK) is created on top of the KardiaChain platform. That means it will be compatible with KardiaChain huge ecosystem, including wallet, extension and dapps. The token’s usability will be used in SleepEarn Ecosystem like participating in Loyalty Program, NFT Stakings, Collectible Events and upcoming IVO (Initial Vaults Offering) Feature.

KRC20 token SMC address: 0xe8E41385b4Dd2Df285b3E48b0B59bDb4dFBAaaF2

First use-case of $BLK x $KPHI:

$BLK holders will be able to redeem tokens for a range of exclusive limited NFTs sets, which can be redeemed later on Kephi Platform.

Total 100.000 BLK will be distributed in this exclusive SleepEarn Vault for 30 days of staking.

  1. Provide liquidity on KAIDEX
    KPHI/KAI: https://kaidex.io/portfolio/add/0xd91E71E3486900Eaa41fa37BdD2a161bcDf0AB7e
    SEN/KAI: https://kaidex.io/portfolio/add/0x43951c209003A70dCA94c2a5b09342C9c84E58Ac
  2. Stake LP Token on SleepEarn Finance, find KPHI/KAI KLP and SEN/KAI KLP Vaults: https://sleepearn.finance/ (It will be auto deposit to Becoswap platform)
  3. Go to Staking tab on SleepEarn Finance and start staking at two exclusive vaults to earn Blanket (BLK Token): https://sleepearn.finance/stake
    50.000 BLK will be distributed in pillowBecoSEN-KAI Vault for 30 days
    50.000 BLK will be distributed in pillowBecoKPHI-KAI Vault for 30 days

Deposit time: 1pm UTC Wed 1st September
Reward start time: 1pm UTC Thu 2nd September
Reward end time: 1pm UTC Sat 2nd October

Users are eligible to receive the reward regarding three grades of rarity (Bronze, Silver and Gold)

  • 🥇 120 Gold NFTs
  • 🥈 1200 silver NFTs
  • 🥉 2400 bronze NFTs

These NFTs can be used to Staking later on SleepEarn Finance to earn more extra rewards or participating in Kephi Gallery’s upcoming events.

What is SleepEarn Finance

Positioned as a smart decentralized financial protocol, SleepEarn Finance is focused on various investment strategies across multiple supported platforms to optimize user’s returns automatically. Deposited idle assets would be put in different liquidity minings with the click of a button. The protocol will do all the hard work for you: farm, harvest, reinvest the harvest, and compound your gains.

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SleepEarn.Finance

The First KardiaChain Yield Optimizer. #Kardiachain #YieldFarming #Defi