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Loxo4DePIN Campaign Rules

Campaign Period:

October 30th, 2024 – 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:

  1. 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

  2. Adding Perpetual Liquidity (Stake LOXOLP token)

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

    2. How to Earn:

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

      2. BB points: Earned based on the volume of staking LOXOLP tokens and interactions.

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

  3. Swap Trading

    1. Rewards: Up to 0.5M $veLOXO

    2. How to Earn:

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

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

    3. Swap: dapp.loxodrome.xyz/swap

  4. Adding AMM Liquidity Pool (Stake LP token)

    1. Rewards: Up to 1M $veLOXO

    2. How to Earn:

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

      2. BB points: Earned based on the volume of staked LP tokens and interactions.

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

  5. How to Earn BinoBits (BB points)

    1. Interaction Reward:

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

      2. Daily Limit: 50 BB points per address.

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

    2. Perpetual Trading Reward:

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

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

      3. Example: Perpetual trading 10 $ioUSDT with 10x leverage earns 35 BB points (0.35 BB * 10 ioUSDT * 10 Leverage).

      4. Perpetual Trade: perp.loxodrome.xyz

    3. Adding Perpetual Liquidity (Stake LOXOLP token) Reward:

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

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

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

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

    4. Swap Trading Reward:

      1. Earn 0.35 BB points: for every 1 USDT swapped (or equivalent value in other tokens) in these pairs (ioUSDT/WIOTX, ioETH/WIOTX, uniIOTX/WIOTX).

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

      3. Example: Swapping 10 $ioUSDT to $IOTX earns 3.5 BB points ( 0.35 BB points * 10 ioUSDT).

      4. Swap: dapp.loxodrome.xyz/swap

    5. Adding AMM Liquidity Pool (Stake LP token) Reward:

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

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

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

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

Connect with Loxodrome!

For questions, join our social groups:

Discord: discord.gg/grquTmchtH

Telegram: t.me/loxodrome_xyz