Monthly Slash OATs awarded for early Slash users according to your cumulative payment amount💎💰

Campaign Details

Slash is awarding tiered Galxe OATs (On-chain Achievement Tokens) to all users of Slash, across all of our merchants based on their cumulative payment amount made each month. This will be applicable to all Slash merchants and OATs will be claimable according to your cumulative Slash Payment amount for the month. We hope you’ll take this opportunity to use Slash while enjoying the rewards of our campaign that come with it!

・Campaign Time frame: Monthly starting July 2023. Held every month.

・Campaign Cycle: 1st of every month from 00:00 JST until the last day of the month 23:59 JST.

・Galxe OAT Minting Time frame: You will be able to MINT your Galxe OAT respective to your achievement within 3 business days after you have achieved the cumulative Slash payment milestone, so please MINT by the 10th of the following month.

・How we calculate: The cumulative Slash payment amount will be calculated by wallet address. Therefore, each wallet will be considered separate from another and will only be able claim OATs respective to the level achieved by that wallet address. A user with multiple wallet addresses will not be able to combine separate wallet address payment sums in order to achieve a higher level OAT.

・You can earn multiple OATs according to your accumulated Slash payment amount during that monthly period.

For example, a user with wallet address A pays $500 at Merchant B, $500 at Merchant C, and $500 at Merchant D within July, 2023, that wallet has a cumulative payment amount of $1,500 for the July campaign. Therefore, that wallet address is eligible to claim OATs for OAT levels 0, 1, 2, 3, 4, and 5.

Later, if that user pays $1000 at Merchant E and $2000 at Merchant F with wallet address A within August, that wallet has a cumulative payment amount of $3,000 for the August campaign. Therefore, that wallet address is eligible to claim OATs for OAT levels 0, 1, 2, 3, 4, 5, and 6.

Overall, the user with wallet address A will receive 6 OATs for July 2023 and 7 OATs for August 2023, for a total of 13 OATs.

✅Galxe Mint Page：https://galxe.com/slash/campaign/GCdMyUn6Cj

Other Ongoing Campaigns

Of course, the Slash Merchant OAT Campaign below is also taking place so set up your Slash Merchant account now and participate! Anyone with a web3 wallet can become a Slash Merchant in just a few clicks!

What is Slash Payment?

Slash Payment is a payment gateway that allows the payer to pay in their preferred cryptocurrency (aka cryptoasset) while allowing the merchant to receive the settlement in their preferred stablecoin. It can be thought of as the crypto version of PayPay.

Currently, there are countless kinds of cryptocurrencies available in the world, but very few of them can be used for real-world payments due to their extreme price volatility.

They are only for speculative purposes and do not fulfill their original function as “currency” as the word cryptocurrency infers. Slash Payment solves such fundamental problems.

In other words, Slash is trying to implement the original function of cryptocurrencies as a “currency” in society by automatically swapping tokens of both payers and receivers at the best rate desired by both parties.

If you understand what problem this solves, you will surely agree with the vision that Slash Payment aims to achieve.

What are Slash OATs?

An OAT (On-chain Achievement Token) is an NFT badge issued that serves as proof that you have achieved certain requirements in a campaign, etc.

Since it is managed on the blockchain, it cannot be tampered with or altered, and is an unwavering proof of your own achievement.

In the Web3/crypto world, OATs are often given to contributors by projects to introduce their new product to the general public in the early stages, to provide feedback, and to get users to contribute to testing the product. In return, many projects thank these contributors by distributing tokens (aka an airdrop) to the OAT holding wallets once the project issues their own tokens.

In the Web2 world, this is similar to a company returning a gift to a user who contributed to a crowdfunding campaign.

✅Galxe Mint Page:https://galxe.com/slash/campaign/GCdMyUn6Cj

The benefit of accumulating Slash OATs

We will be airdropping our own Slash Vision Labs tokens ($SVL) to all Slash OAT holders for free when we schedule to launch and list our token to major international exchanges in January 2024.

In addition, more $SVL will be airdropped to those who acquire OATs earlier, accumulate more, and earn higher tiered OATs through campaigns, thus meaning you will receive a return respective to your degree of contribution.

✅Airdrop example: A look back on Arbitrum’s airdrop worth roughly 210 billion yen

The significance of holding more Slash Vision Labs ($SVL) tokens?

To put it plainly, there are financial benefits to owning $SVL, such as income gains. (you can also expect capital gains from price appreciation.)

Specifically, those who TimeLock more $SVL tokens and for longer time periods using our Slash Vaults product will receive more governance rights and WBTC* returns from a portion of Slash’s earnings (In the future, all Slash earnings will be split among those who TimeLock their SVL tokens.)

In other words, by participating in this campaign, you can enjoy financial benefits from the ecosystem that Slash is building for the future.

While the return to users through such a campaign tends to be heavily weighted toward shareholders in existing Web2 and capitalism, it is unique to Web3 that the incentive is designed in such a way that users who contributed in the early stages of the project will be continuously rewarded in the future.

The strength and appeal of $SVL is its incentive whereby the more people who use Slash, the more the users of the ecosystem will receive a return from Slash.

✅Slash Whitepaper: https://slash-fi.gitbook.io/docs/whitepaper/slash-vision-labs-white-paper

WBTC: Wrapped Bitcoin is a stablecoin linked to the price of Bitcoin and follows the ERC-20 standard for cryptographic assets that can be used in the Ethereum blockchain, combining the best aspects of Bitcoin with those of Ethereum. It is consistently at the top of the market in terms of market capitalization.

✅WBTC Market Capitalization reference:https://coinmarketcap.com/currencies/wrapped-bitcoin/

Beginner’s guide to using Slash

For Japanese residents, open an account with a Japanese cryptoasset exchange
Deposit Japanese Yen in your account.
Buy your preferred token on the exchange (We recommend the Matic token as it’s used for gas on the Polygon network with low gas fees) *Note: not all tokens can be used on multiple networks. Please do your own due diligence on the token, the networks it can be used on and prepare by knowing which Slash networks the merchant accepts and how to bridge to the network you wish to pay on.
Send your token to your MetaMask or web3 wallet. (Refer to: (How to buy MATIC from a local Japanese exchange (Bitflyer) and send to your MetaMask)
Bridge your token within your web3 wallet from the Ethereum network to the Matic network. (Refer to: How to bridge tokens from ETH to Polygon network)
For online merchants, choose the Slash payment method to pay. For in store-merchants, scan their Slash merchant QR code to pay.
Choose the Polygon Mainnet network and select any of the tokens in your wallet to pay using Slash. (Note: the networks you can use may vary depending on the merchant as merchants can choose which networks to accept token payments on)

How to claim your Slash OAT

Access the Galxe campaign page and connect your Wallet. (*Be sure to mint your corresponding Galxe OAT by the 7th of the following month)

2. Switch to the Polygon Network.

4.Open the campaign page respective to your campaign achievement, and click the blue “Claim” button.

5. Wait until your transaction is finalized.

6.From the My NFTs/OATs page, you should be able to confirm and see your newly acquired OAT.

Support Desk

If you have achieved the condition and still cannot mint the next 3 business days, please join the Slash Discord and send us your inquiry from the channel “ticket-support” by clicking on the “Support” button.For any other questions, please contact us in the same way.