Pencils Protocol

Pencils Protocol is an all-inclusive auction platform and yield aggregator to deliver the next generation experience for Scroll users. Scroll users can participate in auctions to get exposure to new token launches, stake various assets to earn competitive yield or deposit into vaults to earn from a variety of on-chain strategies.

Pencils Protocol is an all-inclusive auction platform and yield aggregator to deliver the next generation experience for Scroll users that have confirmed a PDD token (amounting to 6% of the total supply). This project is currently hosting season 3 of their points campaign, where users can earn “pencils” for staking various assets and marketing activities.

Step-by-Step Guide:
  1. Visit the Pencils Protocol homepage.
  2. Connect your wallet and switch to the Scroll network.
  3. Go to your profile page and verify your identity via Google, Twitter, GitHub or Aspecta.
  4. Stake at least $100 worth of assets, where each $100 staked earns you 1 pencil per day (you’ll also earn Scroll marks).
  5. Staking assets will reward you with badges: earn the S-badge by staking at least 0.50 ETH worth of any supported asset for 28+ consecutive days to receive a 1.2x pencils boost. Or earn the P-badge by staking at least 0.10 ETH worth of any supported asset for 28+ consecutive days to earn a 1.1x pencils boost.
  6. Only one badge can be claimed once eligible.
  7. Supported assets include WETH, USDC, USDT, Stone, puffETH and wrsETH. More assets will be added in the future
  8. Pencils will give users more favourable allocations for token launches on Pencils Protocol and priority placement in Pencils Protocol‘s airdrop.
  9. Users can also earn pencils for participating in marketing activities and/or contributing to the ecosystem as an ambassador, influencer, partner or volunteer.
  10. For more information about Pencils Protocol’s season 3 points program, check out this blog post.
  11. Follow their Twitter account and join their Discord server for further updates.
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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview