Skyren DAO Unveils Enhanced Spin the Wheel Event: Bigger Rewards, Higher Stakes!

Skyren DAO
4 min readFeb 26, 2025

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Introduction

Skyren DAO is thrilled to announce a significant upgrade to our popular Spin the Wheel event. This enhanced version promises to bring even more excitement and rewards to our community members participating in the Skyren presale. Let’s dive into the details of this game-changing event!

What’s New?

Our Spin the Wheel event has always been a daily highlight during the presale phase. However, we’ve now transformed it into an even more spectacular occasion:

  • Frequency: Instead of daily spins, the event will now occur every five days, aligning with the end of each presale phase.
  • Multiple Spins: Each event will feature a total of four spins, dramatically increasing the chances for participants to win.
  • Tiered System: We’ve introduced a four-tier system, offering escalating rewards based on contribution levels.
  • Live Event: The event is hosted live in our Telegram channel, with recordings available on YouTube.

The Four-Tier System Explained

1. Bronze Tier

  • Contribution: $50 — $200
  • Reward: 3x your contribution amount
  • Tickets: 1 to 4

2. Silver Tier

  • Contribution: $250 — $950
  • Reward: 5x your contribution amount
  • Tickets: 5 to 19

3. Gold Tier

  • Contribution: $1,000 — $4,950
  • Reward: 7x your contribution amount
  • Tickets: 20 to 99

4. Diamond Tier

  • Contribution: $5,000 — $10,000
  • Reward: 9x your contribution amount
  • Tickets: 100 to 200
  • Special Bonus: 100% APY Stamp (Duration of Presale)

Key Features to Note

  1. Tier Qualification: Your tier is determined by the amount of SKYRN tokens purchased and the corresponding number of tickets received during each presale phase.
  2. Diamond Tier Advantage: Winners of the Diamond Tier spin receive a special APY stamp, boosting their pre-staking APY from 76% to 100% for the entire duration of the remaining presale.
  3. Guaranteed Spins: Each tier’s spin will occur as long as at least one participant qualifies for that tier. This means if you’re the only one in a tier, you win by default!
  4. No Tier Overlap: Participants can only qualify for one tier per presale phase. You’ll be entered into the highest tier you’ve qualified for based on your total contribution during that phase.
  5. Ticket System: The number of tickets you receive corresponds to your contribution amount. More tickets increase your chances of winning within your tier.
  6. Presale Phase Reset: At the beginning of each new presale phase, all participants start fresh. Your tier qualification is based solely on your contributions during the current phase.
  7. Ticket Verification: Users must contact Live Chat Support on the main Skyren Website to verify their spin tickets.

How It Works: Step-by-Step

  1. Contribute: Purchase SKYRN tokens during a presale phase.
  2. Qualify: Based on your total contribution during the phase, you’ll be placed in the highest tier you qualify for.
  3. Verify: Contact Live Chat Support on the main Skyren Website to verify your spin tickets.
  4. Wait: At the end of the 5-day presale phase, the Spin the Wheel event occurs.
  5. Join: Tune into our live Telegram channel for the event.
  6. Spin: Four spins will take place, one for each tier, starting from Bronze and ending with Diamond.
  7. Win: If you’re the lucky winner in your tier, you’ll receive the corresponding reward multiplier on your contribution.
  8. Special Diamond Reward: If you win the Diamond Tier spin, you’ll also receive the 100% APY Stamp for the remainder of the presale.

Live Event and Recordings

The Spin the Wheel event is hosted live in our Telegram channel, adding to the excitement and community engagement. Can’t make it to the live event? Don’t worry! We always make a recording of the event available on our YouTube channel, so you can catch up on all the action and see the winners announced.

Why This Matters

This enhanced Spin the Wheel event is designed to offer even greater value and excitement to our community. By aligning the event with our presale phases and introducing the tiered system, we’re providing more opportunities for substantial rewards and encouraging higher levels of participation.

The introduction of the Diamond Tier’s special APY stamp is particularly exciting, offering a significant boost to early supporters and long-term holders of SKYRN tokens.

Conclusion

Skyren DAO’s new Spin the Wheel event represents our commitment to innovation and community engagement. By participating in the presale and this event, you’re not just investing in SKYRN tokens — you’re potentially multiplying your contribution and securing enhanced benefits for the future.

Don’t miss out on this incredible opportunity to maximize your involvement with Skyren DAO. Join us for the next Spin the Wheel event and experience the thrill of potentially massive rewards!

Stay tuned for announcements about upcoming presale phases and Spin the Wheel events. The future of DeFi is spinning in your favor with Skyren DAO!

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Skyren DAO
Skyren DAO

Written by Skyren DAO

Pioneering DeFi with crypto's first airdrop collection service. Join us in revolutionizing decentralized finance. https://skyren.io

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