Overview of PAWS:
- Project Type: A SocialFi initiative, originally launched as a Telegram bot to reward user activity in the messenger.
- Blockchain: Transitioned to the Solana blockchain due to new policies from Telegram.
- User Engagement: Attracted over 80 million users and generated over 1 million new wallets on Solana.
PAWS Token Details:
- Token Name: PAWS
- Token Type: SPL (Solana Program Library)
- Total Supply: 100 billion PAWS tokens.
- Distribution: 62.5% allocated for user rewards and 12% for sustaining partnerships.
Farming Event on Bybit Launchpool:
- Event Dates: March 12, 2025 (10:00 UTC) to March 17, 2025 (10:00 UTC).
- Tokens Available for Staking: BBSOL, MNT, or USDT.
- Total Tokens Distributed: 1.2 billion PAWS tokens across three pools:
- BBSOL Pool: 360 million PAWS
- MNT Pool: 360 million PAWS
- USDT Pool: 480 million PAWS
Steps to Participate:
- Complete Level 1 verification on Bybit.
- Deposit BBSOL, MNT, and/or USDT into your Bybit account.
- Select a pool and stake the required amount.
- Monitor your rewards in real-time; staking can be canceled anytime.
- Post-event trading of PAWS tokens will begin on March 18, 2025.
Storage Options: PAWS tokens can be stored in wallets such as Phantom, Solflare, Trust Wallet, Tangem, and Ledger.
FAQ
What is the PAWS project?
The PAWS project is a SocialFi initiative designed to reward users for their activity in a messaging platform.
What blockchain does the PAWS token operate on?
The PAWS token operates on the Solana blockchain.
Why did the project switch from TON to Solana?
The switch was made due to new regulations from Telegram, mandating the exclusive use of TON for mini-apps.
When does the farming for PAWS tokens on Bybit Pool start?
The farming will commence on March 12, 2025, at 10:00 UTC.
Which assets can be staked to earn PAWS tokens?
BBSOL, MNT, or USDT can be staked to earn PAWS tokens.
How many PAWS tokens will be distributed on Bybit Launchpool?
A total of 1.2 billion PAWS tokens will be distributed during the event.
Can staking be canceled before the event ends?
Yes, staking can be canceled at any time if needed.
Conclusion
The PAWS initiative showcases how gaming and financial projects on blockchain can adapt to challenges and find new avenues for growth, especially in regions of rising interest like Solana. The farming event on Bybit Launchpool provides a unique opportunity for early involvement in token distribution, promising incentive-driven community engagement.
