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IceCreamSwap, the first DEX aggregator on Core is excited to announce its participation in the official Core ignition Incentive Program, providing users with the ability to not only earn yield in various Core related pools, but additional spark points towards the highly anticipated Core Airdrop. Details about the Core Ignition Program can be found here.
Current core ignition pools include (but are not limited to):
CORE - ICE
USDT - CORE
CORE - stCORE
solvBTC.b - COREBTC
CORE - ASX
Partner Pools and Ignition Incentives
In addition to the standard Core pools that provide users with their chance to earn these dual rewards, IceCreamSwap also included the ability for partner pools to earn as well. The newly launched CORE - ASX pool provides the ASX Capital community with the chance to earn ICE rewards, trading fees, and Core Ignition Incentives. Learn more about ASX Capital here.
More about the Core Ignition Program
Participation in the Core Ignition program is open to all Core network users, with exceptions for those located in jurisdictions where participation is prohibited, as detailed in the Program Terms & Conditions.
Benefits of Participation
- Access to DeFi Ecosystem: Participants gain entry to Core Chain’s dynamic DeFi environment, exploring and engaging with cutting-edge applications.
- Incentive Structure: The program offers rewards based on contributions such as inviting others, bridging assets, holding specific assets, executing transactions, and interacting with dApps. Rewards are designed to incentivize active involvement and growth within the Core ecosystem.
Core Ignition - How It Works
User Dashboard & Core Ignition Balance
The Core Ignition dashboard tracks user activity and balances. Users accumulate a unique Core Ignition Balance, which aggregates the value of assets held in their Core Ignition wallet or locked in approved DeFi protocols. This balance also includes contributions from invitees, with 10% from first-degree and 2% from second-degree invitees, denominated in USDT or BTC.
Sparks & Spark Boost
Sparks represent daily engagement and activity within the Core ecosystem. Users earn Sparks based on their Core Ignition Balance and multipliers, with additional Sparks from invitees. The Spark Boost, initially set at 1.0x, adjusts the multiplier for individual rewards. A higher Spark Boost translates to greater daily Sparks.
Spark Multipliers
Spark Multipliers enhance rewards through various categories:
- Asset Multipliers: Boost Sparks based on the specific assets held, with multipliers ranging from 1.5x to higher values.
Tier Multipliers: Reflect user contributions and engagement levels, with higher tiers offering greater multipliers.
Campaign Multipliers: An upcoming feature to further enhance Spark earnings through special campaigns.
Special Early Adopter Bonus
To reward early participants, a one-time 10X Spark multiplier will be applied on the day of Spark calculation rollout.
How to Engage in Core Ignition Initiatives
Bridging Assets
Users can bridge assets from multiple blockchains to Core, including Bitcoin, Ethereum, and others. Bridging assets early and strategically can maximize Sparks. Key supported assets include coreBTC, aBTC, wBTC, USDT, and others, which can be bridged via designated platforms.
Participating in dApps
Engagement with Core Ecosystem dApps, such as DEXs, lending protocols, and perpetual futures, can enhance Spark accumulation. The program features a variety of whitelisted dApps, including SushiSwap, Glyph Exchange, CoreX, ArcherSwap, and IceCreamSwap. Each offers unique liquidity pools and trading opportunities, aligning with the user's Spark strategy for optimized rewards.
By actively participating and leveraging the Core Ignition Incentive Program, users can capitalize on various rewards and opportunities within the Core ecosystem, driving both personal and network growth.
IceCreamSwap Community