Partnership Update: The Auki Posemesh x Drip Launchpools Extended Until August 9th

June 27, 2024

We are thrilled to announce that due to the overwhelming success and positive feedback from our community, we have decided to extend the Auki Posemesh x Drip Launchpools until August 9th!

Auki Posemesh x Drip Launchpools: Continuing the Journey

The original partnership between The Posemesh and Drip brought a revolutionary way to earn rewards while supporting the posemesh. By staking your idle stablecoins - USDC or ETH - in Drip Pools, you could earn Auki Points and DripPoints. With the extension of this initiative, you now have more time to maximize your rewards and contribute to the posemesh DePIN economy.

The ETH - AUKI staking page on Drip. Stake your ETH to earn AUKI launch points here.

A Quick Recap: How Drip Works

Drip introduces Supercharged Launchpools on Ethereum and Arbitrum. The mechanics are straightforward:

  • Stake your stablecoins USDC or ETH in Drip Pools.
  • Earn rewards in the form of Auki Points and DripPoints.
  • No lotteries or whitelists — just simple staking to participate in the $AUKI Token launch.

Deposits in Drip Pools are placed in DeFi Vaults powered by various blue chip DeFi protocols. The Pools exclusively utilize blue chip, battle-tested DeFi platforms such as Aave, Compound, Curve, Convex, Morpho, Lido, Gearbox, and Frax. Your deposited funds are automatically restaked into DeFi protocols and LSTs to generate rewards for The Posemesh Foundation treasury

What’s in it for You?

By joining the Posemesh x Drip Launchpools, you can:

1. Earn Auki Points: All rewards generated are streamed to The Posemesh Foundation treasury, ready for the TGE launch.

2. Automated Reinvestment: Your funds are automatically restaked into blue-chip DeFi protocols, maximizing your rewards.

3. Claimable Points: Your points will be claimable through Drip based on the Auki Points accrued during the pool's duration around TGE, with the potential to continue post-TGE.

Guaranteed Whitelisting: $AUKI Token Community Sale

We are excited to offer an additional benefit for The Posemesh Community. Stake over $1,000 in USDC or the equivalent amount in ETH for a minimum duration of 6 weeks, and you will secure a guaranteed whitelist spot in the upcoming $AUKI Token community sale.

This exclusive opportunity ensures our most committed supporters have priority access to the highly anticipated $AUKI Token launch.

Be sure to stake by July 1st, 2024, to guarantee your whitelisting.

How to Participate

1. Visit Drip to get started.

2. Deposit ETH, USDC into the Auki ETH or USDC Drip Pools to earn Auki Points and DripPoints.

3. Monitor your rewards and continue staking to maximize your earnings until August 9th.

Looking Forward

With the extension of the Posemesh x Drip Launchpools, we are excited to continue this journey with you. This partnership is designed to innovate and reward participants in the DePIN economy, shaping the future for the next 100 billion people, devices, and AI.

Stay tuned for more updates and partnership announcements. Thank you for your continued support.

Ready to supercharge your rewards? Head over to Drip and start stacking your Auki Points today!

About Drip Finance

Drip Finance streamlines access to exclusive tokens through its Supercharged Launchpools on Ethereum and Arbitrum.

Users can stake stablecoins and ETH to earn tokens and DripPoints. These pools simplify acquiring new and potentially high-growth tokens by offering categories like Earn Pools, Launchpools (for near TGE tokens), and Drop Pools (for future airdrops).

Drip enhances these Launchpools with yields from LSTs and DeFi, creating beneficial outcomes for both projects and their communities while ensuring accessible, on-chain participation.

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About Auki Labs

Auki Labs is at the forefront of spatial computing, pioneering the convergence of the digital and physical to give people and their devices a shared understanding of space for seamless collaboration.

The positioning technology developed by Auki Labs empowers industries and individuals to embrace spatial computing's transformative potential, enhancing productivity, engagement, and human connection‍.

The Auki Labs team is developing the posemesh, a decentralized spatial computing protocol for AR, the metaverse, and smart cities.

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About The Posemesh

The posemesh is an open-source protocol that powers a decentralized, blockchain-based spatial computing network.‍

The posemesh is designed for a future where spatial computing is both collaborative and privacy-preserving. It limits any organization's surveillance capabilities and encourages sovereign ownership of private maps of personal and public spaces.‍

Decentralization also offers a competitive advantage, especially in shared spatial computing sessions, such as AR, where low latency is crucial. The posemesh is the next step in the decentralization movement, responding as an antidote to the growing power of big tech.

The Posemesh has tasked Auki Labs with developing the software infrastructure of the posemesh.

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