BitDegree, a leading Web3 education platform, has recently announced a new Mission centered around the Umoja asset management protocol.
Umoja, the world’s first smart money protocol, introduces innovative tools like Synths and smartcoins. Synths are tokenized asset management strategies that also serve as the basis for creating smartcoins, which are self-trading digital assets.
The Umoja ecosystem will soon include the UMJA token expected to launch in August 2024. The token will have multiple purposes, including governance, protocol fee discounts, and insurance.
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The Mission aims to familiarize participants with the Umoja protocol and its Synths with the opportunity to earn rewards.
Users who complete the Mission and create a Synth Call or Put Option before August 1 will be eligible for the UMJA airdrop, which includes 250,000 tokens. Detailed instructions on how to create the Options are provided in the Mission description.
Additionally, all BitDegree Missions reward participants with Bits, increasing their Degree and making the learning process more continuous. A higher Degree translates to greater chances of winning prizes in Lucky Draw events.
For instance, the Lucky Draw for the recent Mission about the Kraken crypto exchange features a 200 USDT prize pool to be shared among 20 lucky winners.
Overall, BitDegree’s initiative educates users about innovative protocols like Umoja and encourages continuous learning and engagement through its rewarding structure.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
