Curated News
By: NewsRamp Editorial Staff
April 08, 2024
Primex Finance and CoinList Launch Contribute and Earn Rewards Campaign
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Discuss on SubstackTLDR
- Primex Finance and CoinList launch a points-based community rewards initiative to incentivize user engagement and boost lending and trading activity.
- The initiative will last for 12 weeks and unfold in six different stages, with participants able to collect points proportional to their on-chain lending and trading activities on Primex.
- The initiative aims to make the world a better place by fostering ecosystem activity, onboard new lenders and traders, and provide an excellent opportunity for active users to accumulate points.
- The Contribute and Earn Rewards Campaign offers Primex users a unique opportunity to learn how to use the protocol while earning points to climb the Leaderboard rankings.
Impact - Why it Matters
The launch of the Contribute and Earn Rewards Campaign by Primex Finance and CoinList provides users with a unique opportunity to earn rewards while boosting activity within the Primex ecosystem. This initiative aims to incentivize user engagement and expand the use cases for leverage, ultimately creating a more dynamic and active trading environment for participants.
Summary
Primex Finance, a non-custodial protocol for margin trading on decentralized exchanges, has partnered with CoinList to launch a new points-based community rewards initiative. The Contribute and Earn Rewards Campaign aims to incentivize user engagement and boost lending and trading activity within the Primex ecosystem. By allocating 2% of the total Primex Token (PMX) supply to the initiative, Primex will distribute Early Primex Token (ePMX) rewards to the best-performing participants. The program will last for 12 weeks and unfold in six different stages, with participants able to collect points proportional to their on-chain lending and trading activities on Primex.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Primex Finance and CoinList Launch Contribute and Earn Rewards Campaign
