- Airdrop ends 2024-06-30
- Total value: 30,000,000 ePMX
- Platform: ETH / ARB / Polygon
Primex Finance is a non-custodial prime brokerage protocol that enables the use of lender liquidity for leverage across other DeFi protocols to amplify yield, the uses cases include leveraged LPing, spot trading on DEXs, liquid staking and more. The Primex v1 already enables leveraged trading on DEXs like Uniswap, Balancer, Curve and others, delivering CEX-like user experience (position management, TP/SL, limit orders, limit swaps) and unlimited number of assets and their combinations to trade with leverage. The leverage is backed by Lenders, who earn yield from margin fees. The protocol’s execution and liquidation mechanism relies on a network of incentivized keepers to ensure decentralization.
Primex Finance “Contribute and Earn” Rewards Campaign with CoinList are jointly airdropping a total of 30,000,000 ePMX tokens (3% of the total PMX supply). Sign up for the campaign, complete the onboarding tasks and do the trading and lending tasks to earn points. Primex allocates 20,000,000 ePMX (2% of the total PMX supply) to the top 200 participants during each phase based on their points. An additional 10,000,000 ePMX (1% of the total PMX supply) will also be distributed to users who didn’t make it to the top 200. ePMX is a non-transferable early version of PMX, and holders will be able to exchange their ePMX for PMX tokens at the TGE later this year.
Step-by-Step Guide:
- Visit the Primex x CoinList rewards campaign page.
- Visit the Primex Onboarding Quest page.
- Connect your wallet.
- Now, complete the onboarding quizzes to earn points.
- Then click on “Earn more points” and join the “Contribute and Earn” program.
- Now, make trades and provide liquidity, as mentioned on the page to earn more points.
- Participants can earn points proportionally to their on-chain Primex lending and trading activity.
- Progress can be tracked via the Achievements Page, where contestants can find the points collected as Lenders and Traders, as well as via the Onboarding Quest.
- The campaign will take place over 12 weeks and consist of six phases lasting two weeks each.
- After the end of each phase, Primex takes a snapshot of participants’ earned points and on-chain activities, and the rewards are distributed.
- For more information regarding the airdrop, see this page.
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