Loxo4DePIN Campaign Rules

Campaign Period:

October 30th, 2024 04:00 – January 29th, 2025

Total Rewards:

  • $veLOXO (Total: 7M $veLOXO):

    • Perpetual Trading: Up to 3.5M $veLOXO

    • Adding Perpetual Liquidity (Stake LOXOLP token): Up to 2M $veLOXO

    • Swap Trading: Up to 0.5M $veLOXO

    • Adding AMM Liquidity Pool (Stake LP token): Up to 1M $veLOXO

  • $IOTX (Up to 100M, valued around 4M USD):

    • During IoTeX’s Goat Season 2, users can earn BinoBits (BB points) by completing interactive tasks. At the campaign's end, $IOTX rewards will be distributed proportionally based on the amount of BinoBits each user has earned.

    • Reward distribution details:

      • The top 40% of users by BinoBits (BB points) will share 50 million $IOTX, distributed based on the proportion of BinoBits (BB points) they hold relative to the total BinoBits (BB points) earned by the top 40%.

      • The remaining 60% of users will share 50 million $IOTX, distributed based on the proportion of BinoBits they hold relative to the total BinoBits earned by the remaining 60%.

How to Earn:

  • Perpetual Trading

    • Rewards: $IOTX (BB points) & Up to 3.5M $veLOXO

    • How to Earn:

      • $veLOXO: For every $100 traded on Loxodrome perp, you will earn 2 $veLOXO.

      • BB points: Earned based on transaction volume and the number of interactions.

    • Perpetual Trade: perp.loxodrome.xyz

  • Adding Perpetual Liquidity (Stake LOXOLP token)

    • Rewards: $IOTX (BB points) &  Up to 2M $veLOXO

    • How to Earn:

      • $veLOXO: For every 100 LOXOLP tokens Staked for 24 hours, you will earn 8 $veLOXO.

      • BB points: Earned based on the duration and volume of staking LOXOLP tokens.

    • Stake LOXOLP token: perp.loxodrome.xyz/#/pools

  • Swap Trading

    • Rewards: Up to 0.5M $veLOXO

    • How to Earn:

      • $veLOXO: Earned by swapping on Loxodrome. The veLOXO airdrop will be distributed across multiple sectors based on trading fees.

      • BB points: Earned based on transaction volume and interactions.

    • Swap: dapp.loxodrome.xyz/swap

  • Adding AMM Liquidity Pool (Stake LP token)

    • Rewards: Up to 1M $veLOXO

    • How to Earn:

      • $veLOXO: Earned by staking LP tokens on Loxodrome.

      • BB points: Earned based on the duration and volume of staking LP tokens.

    • Stake LP token: dapp.loxodrome.xyz/liquidity

  • How to Earn BinoBits (BB points)

    • Interaction Reward:

      • Earn 5 BB points: per perpetual trade (open or close position) or swap.

      • Daily Limit: 50 BB points per address.

      • Example: Swapping 7 times and perp trading 5 times in one day earns a maximum of 50 BB points in interaction rewards.

    • Perpetual Trading Reward:

      • Earn 0.35 BB points: for every 1 USDT traded (or equivalent value in other tokens).

      • No Limit: Unlimited BB points can be earned here.

      • Example: Perpetual trading 1 $ioUSDT with 50x leverage earns 17.5 BB points (0.35 BB * 1 ioUSDT * 50 Leverage).

      • Perpetual Trade: perp.loxodrome.xyz

    • Adding Perpetual Liquidity (Stake LOXOLP token) Reward:

      • Earn 1 BB point: by staking LOXOLP tokens, valued as 1 USDT, for 24 hours.

      • No Limit: Unlimited BB points can be earned here.

      • Example: Staking LOXOLP token, valued as 1 USDT, for 240 hours earns 10 BB points.

      • Stake LOXOLP token: perp.loxodrome.xyz/#/pools

    • Swap Trading Reward:

      • Earn 1.66 BB points: for every 1 USDT swapped (or equivalent value in other tokens) in these pairs (ioUSDT/WIOTX, ioETH/WIOTX, uniIOTX/WIOTX).

      • No Limit: Unlimited BB points can be earned here.

      • Example: Swapping 10 $ioUSDT to $IOTX earns 16.6 BB points ( 1.66 BB points * 10 ioUSDT).

      • Swap: dapp.loxodrome.xyz/swap

    • Adding AMM Liquidity Pool (Stake LP token) Reward:

      • Earn 1 BB point: by staking LP tokens, valued as 1 USDT, for 24 hours.

      • No Limit: Unlimited BB points can be earned here.

      • Example: Staking LP token, valued as 1 USDT, for 240 hours earns 10 BB points.

      • Stake LP token: dapp.loxodrome.xyz/liquidity

Connect with Loxodrome!

Follow us to stay updated with everything on Loxodrome!

Website | Beta Mainnet | Testnet | Twitter | Telegram | Discord | Link3

Subscribe to Loxodrome
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.