Primex Finance

Token

Contribute

Rewards

Primex Finance and CoinList have <a href="https://www.globenewswire.com/news-release/2024/04/08/2859511/0/en/Primex-Finance-Announces-Community-Rewards-Campaign-With-CoinList.html#:~:text=As%20part%20of%20the%20Contribute,unfold%20in%20six%20different%20stages." target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">launched</a> a new points rewards program to encourage user participation and boost lending and trading within the community.&nbsp;
The Contribute and Earn Rewards Campaign allocates 2% of the total Primex Token (PMX) supply to distribute Early Primex Tokens (ePMX) to top-performing participants. The initiative spans 12 weeks, divided into six stages, each lasting two weeks.
Participants can accumulate points through on-chain lending and trading activities on Primex, with snapshots taken at the end of each stage to reward the top 200 contributors.&nbsp;
These ePMX tokens, non-transferable initially, will later convert to PMX following the protocol’s Token Generation Event. Points reset after each round to ensure fairness and equal opportunity for all participants.
To join, users must complete the Primex Onboarding Quest and fulfill the program criteria outlined on the Primex blog. Dmitry Tolok, Co-Founder of Primex, emphasizes the campaign’s educational aspect, offering users a chance to learn while earning rewards.&nbsp;
Primex aims to expand leverage use cases with the upcoming release of v2, introducing leveraged liquidity provisioning and supporting additional asset types beyond fungible tokens
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/04/08/arthur-hayes-transfers-237000-gmx-triggers-price-drop/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Arthur Hayes Transfers 237,000 GMX, Triggers Price Drop</a>
</blockquote>

Primex Finance & CoinList Launch Reward Program

The Crypto Times

Другие статьи, опубликованные 9 апр. 2024 г.

Ethereum Price Poised Hit $4000 This Week Riding On This Major Factor

Avi Eisenberg On Trial: Can A Profitable Strategy Be Criminal?

Floki & TokenFi Team Up with World Table Tennis Championship, Sparks Surge; Investors Eye Raboo

BEFE Coin’s Upward Trajectory: Expert Projects Price to Hit $0.01 Amidst Market Speculation

Three Semiconductor Stocks Blessed by the US CHIPS Act

US Treasury Warns on Russia USDT Use to Skirt Economic Sanctions

Join our free newsletter for daily crypto updates!