It is a great honor to introduce another of our ecological partners, Smoothy. QuarkChain is one of the early investors of Smoothy and holds part of the Smoothy token SMTY. While introducing this project to you, in order to help Smoothy gain more users and share more benefits with QKC holders,We decided to hold an activity to pledge QKC to obtain SMTY。

The ecological layout of QuarkChain has been in progress. DeFi and NFT will be our recent focus areas. In the future, QuarkChain will continue to look for high-quality projects for investment and incubation, so as to create a solid and rich application ecology, and hold more similar activities to share with QKC to share in our profits.

Now, you can stake QKC to get SMTY, the governance token of Smoothy.finance.

At present, the stablecoin market has become a giant-level market segment in the DeFi field, and is highly regarded by others in the market. Curve, a similar product, has a valuation of nearly 10 billion U.S. dollars, and Ellipsis has a valuation of nearly 2.7 billion. The current public offering valuation of Smoothy is only US$50 million. As a better stable currency application platform, we believe that it has great potential and a lot of room for growth. This is also an important reason why we are willing to share it with QKC holders.

Smoothy is a novel liquidity protocol. It is not a fork of any existing project on the market. On the basis of supporting multiple stable coins, it has the characteristics of a single pool, low fees, zero slippage and high staking returns. That is, in a stable coin pool, the exchange of multiple stable coins can be realized. Smoothy is also considering integrating Smoothy on the QuarkChain mainnet in the future to reduce fees and improve transaction security.

At present, Smoothy has logged into two networks of ETH and BSC. The BSC version of Smoothy supports 6 stable coins, and the ETH version supports 8 stable coins. You can choose to deposit any one or several of the supported stable coins to provide liquidity. In the future, Smoothy will log on to more platforms including QuarkChain and support more stablecoins (by design, it can support more than 100 stablecoins).

Recently, Smoothy is conducting a public sale, and its governance token SMTY will be sold on BSCPad, DAOmaker, Paddle and Ignition from 04/22 to 04/27. For details, please follow:text

Event Details

Schedule

Token time:April 21 at 20:00 beijing time (first come first served)

Lock time:From 20:00 on April 25th to 20:00 on May 5th (for 10 days)

QKC return and SMTY issuance:secondary title

Staking and Rewards

The total amount of QKC invested：90,000,000 QKC worth $3,000,000 (first come first served)

Total SMTY Rewards：60,secondary title

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100:1 (calculated in legal currency value), that is, every $100 of QKC can get $1SMTY

1500:1 (calculated by number) means that every 1500 QKC can get 1 $SMTY

secondary title

Participation process:

1. Download Qpocket from http://qpocket.io/ and create a wallet

2. Deposit the mainnet QKC into your Qpocket wallet address (if you have an ERC20 token, please send the QKC to Kucoin and Gate.io to convert from ERC20 to the mainnet)

3. Send at least 1500 QKC from your Qpocket (QKC mainnet mode) to 0x1eA7928b090155eBad7f3594FD33c9019DaA97350000CC41 (please note whether the address is the same as the contract address displayed in http://mainnet.quarkchain.io/stakedrop to avoid fraud)

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Notice:

Notice:

1. Participation is on a first-come, first-served basis, and when the above-mentioned maximum quantity is all closed, the transaction will not proceed and cannot be staked.

2. After a total of 10 days (4/25~5/05) of staking, the participating QKC ​​can be withdrawn, and SMTY tokens proportional to the pledged amount will be issued as soon as possible.

3. Because the token will be sent to the ERC20 address of the same address as the QuarkChain main network currency (the QuarkChain main network address only adds the last 8 digits of shard information compared to the Ethereum address). Therefore, you must not send QKC directly from the exchange to the contract to participate in the pledge, and you must transfer it from the wallet address to the contract, otherwise the rewards will not be issued correctly.

4. Only mainnet tokens can be pledged. For ERC20, please convert from ERC20 to mainnet tokens on Kucoin and Gate.io before participating in the pledge

5. After the transaction is successful, you can enter the address to send the transaction in QuarkChain's official block browser http://mainnet.quarkchain.io/stakedrop, and you can check the amount of your pledge, the amount of pledges in the entire network, the upper limit of pledges in the entire network, End time and QKC/SMTY ratio and other information, and operate the withdrawal after the pledge ends.

(Note that this picture is a screenshot of the test, and the actual data ratio is subject to the display)