How to Earn the OKX Wallet Accolade on Neptune Finance

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Earning exclusive rewards through decentralized platforms has become an integral part of the Web3 experience. One popular method involves completing specific on-chain tasks, often called quests or campaigns, to earn points, badges, or other digital accolades. This guide provides a clear, step-by-step walkthrough for users looking to participate in a particular campaign involving the OKX Wallet and Neptune Finance, a leading money market on the Injective blockchain.

Participating in these campaigns not only helps you explore new dApps but also often rewards you with NFTs or points that can have future utility. The process typically involves connecting your wallet, performing social tasks, and executing on-chain actions like lending and borrowing.

Prerequisites for the Campaign

Before you begin, ensure you have the following set up and ready. This preparation will make the process smooth and efficient.

It's important to note that some users have reported compatibility issues between MetaMask and OKX Wallet when using the Galxe platform. For the most reliable experience, it is recommended to use OKX Wallet for this specific campaign to avoid any login or reward-claiming difficulties.

Step-by-Step Guide to Earning the Accolade

Follow these instructions carefully to complete all required tasks and earn your OKX Wallet accolade on Neptune.

Connect Your Wallet to Galxe

Your first action is to link your Injective address from your OKX Wallet to your Galxe profile.

  1. Navigate to the Galxe website and log in to your account.
  2. Click on your profile icon in the top right corner and select "Wallet Address" from the dropdown menu.
  3. Find and select "Injective" from the list of available networks.
  4. A signature request will appear in your OKX Wallet. Confirm the request to sign it. This action securely links your address to Galxe without costing any gas fees.

๐Ÿ‘‰ Explore more strategies for connecting Web3 wallets

Pro Tip: If you have other Cosmos-based wallets (like Keplr or Leap) installed, they might sometimes interfere with the connection process. Temporarily disabling their browser extensions can help ensure a smooth connection for your OKX Wallet.

Complete the Social Tasks

With your wallet connected, you can now begin the campaign tasks.

  1. Go to the official OKX/Neptune campaign page on Galxe.
  2. The initial tasks are usually social in nature, such as following a Twitter account, joining a Telegram group, or retweeting a specific announcement.
  3. Complete these tasks as listed. Galxe will typically verify them automatically once you've connected your social accounts.

Execute Lend and Borrow Actions on Neptune

The final and most important tasks require you to interact directly with the Neptune Finance protocol. You will need to both lend and borrow a minimum of $10 in value.

How to Lend Assets:

  1. Visit the Neptune Finance application and connect your OKX Wallet.
  2. Navigate to the "Lend" section of the app.
  3. Select an asset to lend. The supported assets for this campaign typically include USDT, ATOM, WETH, and INJ.
  4. Lend at least $10 worth of your chosen asset. To account for market volatility and ensure task validation, it is advisable to lend slightly more than the $10 minimum.

How to Borrow Assets:

  1. The assets you lend will be converted into a corresponding nToken (e.g., lending INJ gives you nINJ), which acts as your collateral.
  2. Navigate to the "Borrow" section.
  3. Using your collateral, you can now borrow a different supported asset.
  4. Borrow at least $10 worth of an asset. Always keep a close eye on your Health Ratio to avoid the risk of your position being liquidated if the market moves against you.

Verify Completion and Claim Your Rewards

After successfully completing the lend and borrow transactions:

  1. Return to the campaign page on Galxe.
  2. The platform should now recognize that you have completed all tasks. The status for the lend and borrow actions will show as verified.
  3. Once verified, you can claim your reward, which includes campaign points and an OAT (On-Chain Achievement Token).

The Neptune leaderboard will update shortly after to reflect your newly earned OKX Wallet accolade. All tasks must be completed before the campaign's eligibility period ends.

Frequently Asked Questions

What is the Neptune Finance platform?
Neptune Finance is a decentralized money market protocol built on the Injective blockchain. It allows users to lend their crypto assets to earn interest and borrow against their collateral, enabling greater capital efficiency in the DeFi ecosystem.

Why do I need to use OKX Wallet specifically for this campaign?
The campaign is designed to promote interaction between the OKX Wallet and the Injective ecosystem. While other wallets might work, the campaign's smart conditions are tailored to track transactions from OKX Wallet addresses, and using another wallet may result in tasks not being verified.

What happens if the value of my lent assets falls below $10?
The Galxe campaign snapshot is taken at the moment you complete the transaction. As long as you lent and borrowed more than $10 worth at the time of the transaction, your task will be verified even if the value later fluctuates. It is still good practice to lend a little extra to create a buffer.

Is there any financial risk involved in completing these tasks?
Yes, any interaction with DeFi protocols like Neptune involves risk. The primary risks are smart contract vulnerabilities and market volatility affecting your collateral's health ratio, which could lead to liquidation. Always do your own research and never invest more than you are willing to lose.

Can I use any asset for the lend and borrow tasks?
You must use the assets specified by the campaign, which are typically major tokens like USDT, ATOM, WETH, and INJ. Lending or borrowing unsupported assets will not count toward completing the tasks.

What can I do with the points and OAT I earn?
The utility of points and OATs varies by campaign. They can sometimes be used for future airdrops, access to exclusive features, or as collectible trophies. Always check the official campaign announcements for details on the use cases for your rewards.