Derps, we’ve got something for our loyal Derps and legendary Derp traders!! Brace yourselves for the next level of derpiness, and we hope you hold on to your trading hats… because DerpDEX has finally launched its Loyalty Program!
🧐But first, what is the DerpDEX’s Loyalty Program?
DerpDEX’s mind-blowing loyalty program is derived from the word itself, which will provide DERP POINTS to our most loyal derpy traders. Different from previous genesis campaign, DERP POINTS are actual tokens that are claimable every week and can be redeemed with $DERP and xDERP after TGE (token launch). This will be an ongoing campaign with BIG REWARDS, a total of 12% token airdrop allocated specially for our dedicated derps! 🤯
53 weeks of derp-mazing fun and rewards!
👀How does it work?
Participants of our Loyalty program will be able to get DERP POINTS (non-transferrable tokens) weekly based on your trading performance. You will be able to redeem these DERP POINTS in exchange for Tokens: 10% $DERP and 90% xDERP after TGE.
🥳 It’s on a 1:1 basis, so the DERP POINTS you’ll receive can be exchanged with the same amount of $DERP & $xDERP tokens!
There will be three (3) categories for this program:
Top Trading Volume - 80% of the DERP POINTS allocation
Top Losers - 10% of the DERP POINTS allocation
Top Winners - 10% of the DERP POINTS allocation
To see the tokens whitelisted for the Loyalty Program, please go to this doc.
*More tokens will be added and eligible for loyalty program as we go!
Step 1: Perform Swap to start the trading competition
In DerpDEX, a swap refers to the process of exchanging one ERC20 token for another ERC20 token. The tokens are swapped based on the current liquidity (the value of tokens) in a specific token pool. If the token pool is present in the DEX, the tokens will be swapped directly from the pool. If you need more guidance, check out
Step 2 : Check the weekly leaderboard to make sure you are on top
Step 3: Claim your DERP POINTS weekly
Step 4: After claiming, add the DERP POINTS token to your wallet :
To add the DERP POINTS to your wallet, you can try adding the below credential using your wallet.
Click Import Tokens
Choose below for the DERP POINTS’ Mainnet Contact Address of your choice:
Add the Token Name
Token Name: DERP POINTS
Token Symbol: DP
You will now be able to see the Token Symbol on your Wallet.
Step 5: Wait after TGE and the team announcement when “redeem” function open.
Q: Can I trade on multi chain and how will the trading volume be calculated?
A: Yes you can trade on any L2 chain that is supported by DerpDEX. The leaderboard is calculated on a wallet basis and the trading volume on different chains will be added together.
Q: Is the DERP POINTS token transferrable?
A: No, DERP POINTS is a non-transferable token. You can use it to redeem for 1:1 DERP (10%) & xDERP (90%) after TGE .
Q: How many $DERP / xDERP can I redeem with my DERP POINTS?
A: It’s on a 1:1 basis, which means your DERP POINTS’ are equivalent to what you’ll be rewarded. For example, you claimed 100 DERP POINTS. You will then be able to redeem for 10 $DERP and 90 $xDERP after TGE.
Q: When can I claim my DERP POINTS?
A: You will be able to claim your DERP POINTS weekly if you are on the leaderboard. However you will need to pay a small gas fee for the claim depending on which chain you want your DERP POINTS (You may choose from zySync, Base and opBNB). You can also choose to accumulate the points and claim all at once.
To take note below :
User can only choose one L2 chain (zkSync, Base or opBNB) to claim the DERP POINTS for one time claiming
Claimed DERP POINTS can only be redeemed with $DERP & $xDERP on the same L2 chain
Q: When can I redeem my $DERP & $xDERP using my DERP POINTS?
A: You can only redeem after TGE, which is planned within Q4 2023. You can read more info here:
Q: What is the $DERP Token?
A: $DERP is the native token of DerpDEX.com on zkSync, Base and opBNB. $DERP is used as a utility paying for gas fees in DerpDEX platform and staking for $xDERP for DAO governance with additional benefits within the DERP ecosystem.
Q: What is the $xDerp Token?
A: $ xDERP is DerpDEX escrowed token. $xDERP is a non-transferable escrowed governance token, corresponding to staked $DERP. The main use case for $xDERP is the ability to allocate its protocol earnings, whitelist for launchpad allocations and access to premium features in DerpDEX platform.
For more details about the two tokens mentioned above, you can check here.
Got More Questions?
You can open a ticket on our Discord server so we can help you in a timely manner.
DerpDEX combines the best of web3: the perfect blend of “DeFi + memes + NFTs” powering the meme movement on L2 zkSync network. By restoring the old glory of derps as internet sensations designed to entertain degens worldwide, we are making derps great again.
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