Guide to SQRp?Points

Guide to SQRp?Points

What are SQRp?points?

SQRp Points provide exclusive access to Magic Launchpad as a part of the Magic Square ecosystem.

The more SQRp Points a user has, the higher their allocation on the Magic Launchpad. These points can be accumulated from SQR staking or through a Magic Store Membership, which grants points for every 30-day lock period within an active membership on the Magic Store.


Benefits of SQRp?Points

Guaranteed Magic Launchpad Allocation

Use SQRp Points to invest in Initial DEX Offerings (IDOs).

For example, 500 SQRp Points allow you to invest 500 USDT in an IDO of your choice.

Large Presale?Spots

Compared to other launchpads, SQRp Points offer the potential for a larger amount of allocation.


How to Obtain SQRp?Points?

Active Magic Store Membership

By selecting a preferred membership type, you receive a guaranteed monthly allocation of SQRp Points.

For example, the Premium Plus membership provides 750 SQRp Points for each 30-day lock period. You can learn more about the benefits of different memberships here.

Staking SQR

By participating in SQR staking, you can acquire SQRp Points. There are different pools you can choose from, including no APY SQR pools, but those that give you SQRp allocation.

SQRp Points are given immediately after you have staked SQR.

Acquire SQRp from the Marketplace

Trade with other users for their surplus SQRp Points in the P2P marketplace. This feature is currently under development and will be available soon with the launchpad launch.


Tracking Your SQRp?Points

The amount of points you have accumulated can be found on the Magic Launchpad once you link your wallet. Please use the same wallet that you use on the Magic Store to check your SQRp amount for both staking and Magic Store membership.


About Magic?Square

Magic Square is a discovery and engagement platform that connects users to the Web3, crypto and blockchain ecosystem.

The Magic Store, our Web3 app store, features community-vetted apps and games, along with the latest news and updates, rewards and promotions from each app.

As users engage with the apps and games in the Magic Store, they are rewarded with Karma Points, which grant them a share of the daily 10,000 $SQR token pool. (to participate in the daily reward pool, you must have a Magic Membership).

In addition to providing users with a fun and engaging platform to explore the world of Web3, Magic Square also helps app developers scale their user base and grow their projects more efficiently ?? https://magic.store/hot-offers

Magic Square has the backing of industry leaders such as Binance Labs, Republic, Crypto.com, DAO Maker, Huobi, Gate.io, GSR, Emurgo Ventures among others.

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