How It Works
Onboarding and Bonuses
Step 1
Identification
Identifying a "dead" project that would be suitable for harvest. We have a team working on a reachout program that is constantly on the lookout for suitable projects. When found, contact is initiated and if the community is willing we start the process. Communities can also reach out to us directly if they are interested in coming over to Reaper. We offer up to a $200 referral fee, depending on the size of the project and final amount of tokens swapped.
There are some basic requirements for a project to be approved to swap. They must have at least 1ETH more LP than was initially added to their token remaining, and at least 50% of their community must agree to the swap (verified by a telegram/discord poll)
Step 2
The Swap
At an agreed time the community will swap their "dead" tokens for REAPER. There will be a 2 hour window to complete any swaps and qualify for the bonus. We also offer another way to swap whereby the users send their tokens to us and we do mass swap to Reaper, then airdrop the Reaper tokens back to the users. This has the benefit that everyone swapping gets the same price and there is an overall reduction on the gas needed by the "dead" community.
Step 3
The Bonus
As long as they are still holding after 48 hours they will be airdropped 15% extra tokens. These are sent each day at 00:00 UTC to qualifying accounts.
The above process is currently manual in nature, but we are working on a REAPER DAP that will automate a lot of the process, with things like rewards being sent out automatically once the 48 has expired.
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